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Updated: June 18, 2025
"I expect the new Government to be very considerate to the bondholders all round," said the colonel, as he pocketed it with a chuckle. "Anyhow, your terms are agreed; eh, signorina?" "Agreed!" said she. "And I'm to have the country seat?" "Agreed!" said I. "And the colonel's to be President and to have the Golden House and all that therein is."
But of course if the thing goes smash, we in the East have to stand the loss; you're losing no cash, you have nothing in it but a shoestring. Well, I'm expecting you to put your back into the job and do no loafing and pull us out of the hole you've got us into." Bryant's face remained impassive. "I'll attend to my end," said he, "if the bondholders take care of theirs.
In many cases, however, he and the bondholders who subscribed to his issue simply have to say goodbye to their money, with the best grace that they can muster, in the absence of any law by which a lender can recover moneys advanced to a sovereign State.
The bondholders went thoroughly into the subject with me of what they could afford to pay you for your stock and a decision was finally reached to give you ten thousand dollars for your interest in the company. Considering everything, that's exceedingly liberal. I'm authorized to draw a check for that amount to your order when you've assigned the shares." "Not enough," Lee replied.
"I was merely quoting from the auditor's semiannual report, of which that is a summary," he said, indicating the folded paper. "The report itself will doubtless reach you in a day or two. It would seem to an unprejudiced observer that the present condition spells something like a receivership, unless you have the bondholders with you." "One moment, Mr.
No one can tell the number of bondholders; perhaps there are as many as there are employees, making an aggregate of almost half a million. Sometimes trustees abuse their office; but on the whole they have done pretty well, and whether they have or not, there is no other way in which large capitals can be managed. All civilization rests on confidence.
Then I would descend upon the main office of the company, exhibit my stock and claim my stockholder's right to look over the list of stockholders and bondholders of record; also, the board of directors and the minutes of the previous meetings.
He had gone with the Hudson Bay Company as a laborer, became a guide, a trader, and then an agent. Hill and Kittson laid before Smith a plan, very plain, very simple. Buy up the bonds of the Saint Paul and Pacific from the Dutch bondholders, foreclose, and own the railroad!
If, on the other hand, I find the situation hopeless or conclude that a period of several years must ensue before the Cardigans work out of debt, I shall recommend to the bank which holds the deed of trust and acts as trustee, that the property be sold at public auction to the highest bidder to reimburse the bondholders.
In the second place, Gordon did not know all the currents of intrigue working between Cairo and the capitals of Europe, and he convinced himself that a sound workable plan for the benefit of Egypt and her people would command such general approval that "the financial cormorants," as he termed the bondholders, or rather their leaders, would have to retire beaten from the field.
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