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Updated: June 25, 2025
The June examinations were not far off, and these disposed of, the man-son would be ready to lay hold. Meanwhile, let Caleb Gordon, in his capacity of principal minor stock-holder, insist on a full and exact statement of the company's affairs, and here the new manhood asserted itself boldly let that statement, or a copy of it, come to Boston by the first mail.
Something to Tom's surprise, Major Dabney was present; and a little later he learned, with a shock of resentment, that the Major was also a minority stock-holder in the moribund Chiawassee Consolidated. The master of Deer Trace was as gracious to Caleb Gordon's son as only a Dabney knew how to be.
Tom produced the packet of papers received that morning from his father, and handed the required pamphlet to Mr. Croswell. "H'm ha! the usual form. A stock-holders' meeting, with a resolution, would be the simplest way out of it; but that can't be held without the published call. You say your father is a stock-holder?" "He has four hundred and three of the original one thousand shares.
The inquiry into the affairs of Chiawassee Consolidated had revealed little or nothing more than the general manager already knew. The president had turned the inquiring stock-holder over to Dyckman, the bookkeeper, with instructions to give Mr. Gordon the fullest possible information, and: "Dyckman slid out of it, smooth and easy-like," Caleb's letter went on.
The corporation, moreover, is relatively permanent, for the death of one stock-holder among many is unimportant as compared with that of one member of a co-partnership. In case of disaster to the enterprise the liability of the stock-holder in a corporation is limited to the amount which he has invested, while any member of a partnership may be legally held for all the debts of the organization.
"It's time to leave all that sort of thing behind," decreed Andrew P. Hill, waggling his short chin beard decisively and shutting his handsome porcelain teeth with a snap. "What we want is to make a show and advertise our business." Hill was president of the Grindstone and its largest stock-holder. Mr. McNulty listened to his words, and so did Mr. Rosenberg, and so did Mr. Gibbons and Mr.
"I want you to send for the newspaper reporters at once," said I to Fisher, "and tell them that in my behalf you are going to apply for an injunction against the Textile Trust, forbidding them to take any further steps toward that increase of dividend. Tell them I, as a large stock-holder, and representing a group of large stock-holders, purpose to stop the paying of unearned dividends."
Captain Merrithew and my daughter were engaged before we started on this Tampico jaunt." He looked at the reporter steadily. "Merrithew, you know, is really the Assistant Marine Superintendent of the Coastwise Company; also a stock-holder. He was sailing the Tampico merely for experience." The reporter smiled at Mr. Howland. "Merrithew is to be congratulated," he said. "I fancy so," replied Mr.
"My first act was to burn my packet of introductory letters, my next was to engage myself to a stock-holder at 15s. a week and my rations. He was going up to his station at once, and I accompanied him. We travelled for about two hundred miles through a most beautiful country before we reached his home.
His downfall was complete. LITTLE O'GRADY vs. LITTLE O'GRADY vs. Mrs. Palmer Pence was a stock-holder in any number of banks twenty shares here, fifty there, a hundred elsewhere; but she was a stock-holder and nothing more, while what she most desired was to be a director: to act on the board of one at least of these grandiose institutions would have given her a great deal of comfort.
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