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Updated: May 25, 2025
My proposition is simply that you issue the common and divide it pro rata among you, your present stock then becoming preferred. Then you can put your common on the market in such lots as you wish and take your profits at the crest. In conclusion let me say that I will handle all you offer at the customary broker's charge."
There was an attempt to establish communistic villages with public money, a proposal to divide the public money pro rata, and one to build up a system of state life- insurance; and taxes were to be levied on salaries, and on all incomes above a certain point.
Commander-in-Chief de Wet: "We have agreed to fix on a sum of £3,000,000 for the government notes and receipts; their amount paid pro rata can be lowered should this sum prove insufficient. We have drawn up an article to lay before the meeting." General Smuts then read a draft which was inserted at the end of Article 11 in the draft agreement.
As a temporary expedient to keep the bank sufficiently under cover and still allow Boyne the publicity he needs replace this money pro rata among yourselves. That wouldn't clean any of you. Announce a small defalcation, such as Clayte's bond would cover, so you could collect there; use all the machinery of the police. Then when Clayte's found, the money recovered, you reimburse yourselves."
Even had all been plain sailing, I do not hint that I should have drawn back. Smuggling is one of the meanest of crimes, for by that we rob a whole country pro rata, and are therefore certain to impoverish the poor: to smuggle opium is an offence particularly dark, since it stands related not so much to murder, as to massacre.
The Roman Catholic community, acting at once upon this suggestion, sent a deputation to the New York common council demanding for their schools "a pro rata share" of the educational fund, to which as taxpayers they contributed. In the resistance made to this claim by the Free School Society Mr. Cooper took a prominent and ardent part.
Even had all been plain sailing, I do not hint that I should have drawn back. Smuggling is one of the meanest of crimes, for by that we rob a whole country pro rata, and are therefore certain to impoverish the poor: to smuggle opium is an offence particularly dark, since it stands related not so much to murder, as to massacre.
It provided for a pro rata division of profits and partition of expenses, while each man would retain the control of his own holding, and those who listened nodded now and then as they noted the efficiency of some portion of the plan of co-operation. "Now," said Alton quietly, laying down the paper. "That's my notion. I'm willing to listen if any man can bring out a better."
Rata, drummer of the grenadiers of the fourth regiment of the line, and famous as a buffoon, having learned that the guard was to pass, and that it was commanded by General Gros; desired to see this officer who had been his chief of battalion, and with whom he had formerly taken all sorts of liberties.
Payne was only able to secure his pro rata as the entire issue was promptly over subscribed by the stockholders, it being understood that the right of subscription should be confined rigidly to stockholders of record. Never in my business career have I seen the value or virtue of a leader expressed in so forceful a manner as in the effect of Mr. Payne's offer upon that meeting.
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