Trust Finance a Study of the Genesis Organization And Management of Industria
Trust Finance a Study of the Genesis Organization And Management of Industria
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In our eReader you can find the full English version of the book. Read Trust Finance a Study of the Genesis Organization And Management of Industria Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Trust Finance a Study of the Genesis Organization And Management of Industria
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To quickly assess the difficulty of the text, read a short excerpt:
There is, it is true, another method which might be suggested in such cases, and which, if successful, would have enabled the trust stocks to be sold to the investor. The pro moters and underwriters might hold their _g tock, and so forego taki ng tlieir profits for three or five yea rs, and they might require the owners to do the same. At the end of this period, if the calculations of the promoters to which the underwriter has fixed his indorsement are proved to have been accurate, the securiti...es which have been held off the market pending this verification can probably be sold to the investor at good prices. The corporation law of Germany attempts to secure this con- firmatory delay by prohibiting the listing of shares on the exchanges until one year from the date of the organi- zation of the company. A longer time is probably needed to establish a new form of industrial, such as the trust, in the confidence of the investor.
This delay, however, although desirable from the stand- point of conservative investment judgment, is not contem- plated by the financiers of the trust.
What to read after Trust Finance a Study of the Genesis Organization And Management of Industria?
You can find similar books in the "Read Also" column, or choose other free books by Edward Sherwood Mead to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
There is, it is true, another method which might be suggested in such cases, and which, if successful, would have enabled the trust stocks to be sold to the investor. The pro moters and underwriters might hold their _g tock, and so forego taki ng tlieir profits for three or five yea rs, and they might require the owners to do the same. At the end of this period, if the calculations of the promoters to which the underwriter has fixed his indorsement are proved to have been accurate, the securiti...es which have been held off the market pending this verification can probably be sold to the investor at good prices. The corporation law of Germany attempts to secure this con- firmatory delay by prohibiting the listing of shares on the exchanges until one year from the date of the organi- zation of the company. A longer time is probably needed to establish a new form of industrial, such as the trust, in the confidence of the investor.
This delay, however, although desirable from the stand- point of conservative investment judgment, is not contem- plated by the financiers of the trust.
What to read after Trust Finance a Study of the Genesis Organization And Management of Industria?
You can find similar books in the "Read Also" column, or choose other free books by Edward Sherwood Mead to read onlineMoreLess
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