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Such statutes would seem hardly necessary, as profits may be shared or stock distributed or sold without a law to that effect; if it be regarded as part of the reward of wages, no injunction would be granted to protesting stockholders.
"Reverting to the mode of paying officers, and making their incomes to some extent dependent on the success of the business, it might answer to give them an interest as stockholders.
Three for one or four for one whatever terms are given the stockholders of the old companies is the best I will do about the new shares, and I must have one-half of whatever is left for myself. At that I will have to divide with others." "No," replied Schryhart, evasively and opposingly, shaking his square head. "It can't be done. The risks are too great.
The stockholders became discouraged, and would not support the enterprise. The Western Sea was still a mystery, and the Sioux were not friends, but enemies.
To say that the people or their Government are incompetent or not to be trusted with the custody of their own money in their own Treasury, provided by themselves, but must rely on the presidents, cashiers, and stockholders of banking corporations, not appointed by them nor responsible to them, would be to concede that they are incompetent for self-government.
Maritime judges were to decide upon prizes, the proceeds of which were not to be divided for six years, in order that war might be self-sustaining. Afterwards, the treasury of the United Provinces should receive one-tenth, Prince Maurice one- thirtieth, and the merchant stockholders the remainder. Governors and generals were to take the oath of fidelity to the States-General.
"These parties now made arrangements with the stockholders or owners of the grant, and with me, to work the deposits by my process. As I had had some previous experience with the statements of mining men, I concluded I would just send down a small plant and prospect the field before putting up a large one.
A new railroad commission that we can't talk to, and lower dividends lower dividends, do you understand? That means trouble with the directors, the stockholders, and calls for explanations. And what explanations can I make which can be printed in a public report?" "You were always pretty good at 'em, Flint," said Hilary.
What little influence I exert politically I have to maintain in order to protect the property of my stockholders from annihilation. It isn't to be supposed," he concluded, "that I'm going to see the State turned over to a man like Humphrey Crewe. I wish to Heaven that this and every other State had a George Washington for governor and a majority of Robert Morrises in the Legislature.
"Your Honor, this is a motion for an order to show cause why an injunction pendente lite should not issue restraining the sale of the assets, of this corporation to another in fraud of its minority stockholders and for a receiver.
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