Annual Report of the Board of Railroad Commissioners 1907/pt.1
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It appearing, after notice and hearing and upon further investi- gation, that the proposed issue of stock is for a lawful purpose and is consistent with the public interests, — it is Ordered, That the approval of the Board be hereby given to an issue by the West End Street Railway Company of additional shares of capital stock not exceeding twenty thousand two hundred eight- een (20,218) in number, amounting at par value to one million ten thousand nine hundred dollars ($1,010,900), as an issue ...of stock reasonably necessary and of the amount required for the purpose of paying in part the necessary cost of permanent additions to and improvements in the railway property of the petitioner made by the Boston Elevated Railway Company in accordance with the terms of the lease between said companies and described in the schedule on file with the petition.
Arid it is determined, That the value at which the new shares of stock shall be offered to the stockholders who may be entitled to take the same according to law is seventy dollars ($70) per share plus the amount of dividends which shall have accrued on said stock under the provisions of the lease to the Boston Elevated Railway Company at the date of payment for the same.
What to read after Annual Report of the Board of Railroad Commissioners 1907/pt.1?
You can find similar books in the "Read Also" column, or choose other free books by Massachusetts. Board of Railroad Commissioners to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It appearing, after notice and hearing and upon further investi- gation, that the proposed issue of stock is for a lawful purpose and is consistent with the public interests, — it is Ordered, That the approval of the Board be hereby given to an issue by the West End Street Railway Company of additional shares of capital stock not exceeding twenty thousand two hundred eight- een (20,218) in number, amounting at par value to one million ten thousand nine hundred dollars ($1,010,900), as an issue ...of stock reasonably necessary and of the amount required for the purpose of paying in part the necessary cost of permanent additions to and improvements in the railway property of the petitioner made by the Boston Elevated Railway Company in accordance with the terms of the lease between said companies and described in the schedule on file with the petition.
Arid it is determined, That the value at which the new shares of stock shall be offered to the stockholders who may be entitled to take the same according to law is seventy dollars ($70) per share plus the amount of dividends which shall have accrued on said stock under the provisions of the lease to the Boston Elevated Railway Company at the date of payment for the same.
What to read after Annual Report of the Board of Railroad Commissioners 1907/pt.1?
You can find similar books in the "Read Also" column, or choose other free books by Massachusetts. Board of Railroad Commissioners to read onlineMoreLess
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