The book Corporations Organization Financing Management was written by author Albert Hutchinson Putney Here you can read free online of Corporations Organization Financing Management book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Corporations Organization Financing Management a good or bad book?
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Its chief character- istics are that it is limited in amount to two-fifths of the actual capital; it is limited in amount to two- fifths of the actual capital; it is subject to redemp- tion by the corporation at par after a fixed time, to be expressed in the certificate; the corporation is bound to pay a fixed half-yearly sum, or dividend, upon it as a debt; the holders of it are in no event liable for the debts of the corporation beyond their stock, and the issue of this special stock makes al...l the general stockholders liable for all debts and con- tracts of the corporation until the special stock is fully redeemed. Special stock can be issued only by a vote of three-fourths of the general stockholders of the company at a meeting duly called for that pur- pose. The guarantee of dividends of special stock in Massachusetts is an absolute one, and not in any degree conditional upon the earning of sufficient profits by the corporation. ''^ Section 67— Issued, Non-Issued, Over-Issued Stock.
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