Utility Corporations: Letters from the Chairman of the Federal Trade Commission Transmitting, in Response to Senate Resolution No. 83, 70th Congress, a Monthly Report on the Electric Power and Gas Utilities Inquiry, Issue 25U.S. Government Printing Office, 1930 - Coal mines and mining |
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Page 12
... dividends were declared for the first time on class B common stock , and , although the corporation was on the verge of bankruptcy , during the months of August , September , and October , 1929 , divi- dends were declared on class B ...
... dividends were declared for the first time on class B common stock , and , although the corporation was on the verge of bankruptcy , during the months of August , September , and October , 1929 , divi- dends were declared on class B ...
Page 18
... dividends out of the amount given at value of class A and class B common stock , as under the Delaware law it is not surplus available for dividends . We have , therefore , decided to pass a resolution of this corporation setting aside ...
... dividends out of the amount given at value of class A and class B common stock , as under the Delaware law it is not surplus available for dividends . We have , therefore , decided to pass a resolution of this corporation setting aside ...
Page 36
... dividends and interest on the securities so issued . Therefore , as Public Utilities Consolidated Corporation had not re- ceived the properties , and consequently had no earnings with which to pay these additional dividends and interest ...
... dividends and interest on the securities so issued . Therefore , as Public Utilities Consolidated Corporation had not re- ceived the properties , and consequently had no earnings with which to pay these additional dividends and interest ...
Page 38
... dividends now . Dividends are dis- cussed on page 44 of your Exhibit No. 4653 , are they not ? Answer . That is right . Question . You have already stated that the dividends paid by the Public Utilities Consolidated Corporation of ...
... dividends now . Dividends are dis- cussed on page 44 of your Exhibit No. 4653 , are they not ? Answer . That is right . Question . You have already stated that the dividends paid by the Public Utilities Consolidated Corporation of ...
Page 39
... dividends at the fixed annual rate of 7 per cent and no more , these dividends to be cumulative . Out of any remaining assets of the corporation avail- able for dividends after full cumulative dividends had been paid on the preferred ...
... dividends at the fixed annual rate of 7 per cent and no more , these dividends to be cumulative . Out of any remaining assets of the corporation avail- able for dividends after full cumulative dividends had been paid on the preferred ...
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Common terms and phrases
$6 preferred stock acquired acquisition agreement American Cities Answer assets balance sheet Birmingham Electric board of directors Bond & Share capital stock Carolina Power cash cent bonds class A common Commissioner MCCULLOCH committee common stock Consolidated Corporation Arizona contract cost dated December 31 Delaware dividends Electric Bond Electric Power expense Foshay Building Corporation Foshay Tower Gas & Electric HEALY held holders Houston Lighting income bonds interest investment ledger value Lehigh Power Securities Light & Power Light Co Memphis Gas Memphis Power Minnesota mortgage National Power notes number of shares October 31 officers operating organization outstanding paid par value payable payment Pigeon River Power & Light Power Corporation Power Securities Corporation preferred stock principal amount Public Utilities Consolidated purchase Question Railway & Light received shares of common shares of preferred stockholders surplus tion trust Utilities Consolidated Corporation voting W. B. Foshay Co W. B. Foshay Company
Popular passages
Page 440 - Part further covenants and agrees to merchandise such wheat in foreign ports, it being understood and agreed between the Party of the First Part and the Party of the Second Part...
Page 245 - Delaware may, on the application in a summary way of this corporation or of any creditor or stockholder thereof, or on the application of any receiver or receivers appointed for this corporation under the provisions of section...
Page 347 - County, do hereby certify that the foregoing is a full, true and correct copy of the original Resolution No.
Page 337 - ... the Board of Directors in the management of the business and affairs of the corporation...
Page 436 - Lee a deed, a copy of which is hereto attached marked 'Exhibit A...
Page 322 - The objects for which, and for any of which, the corporation is formed, are to do any or all of the things herein set forth, to the same extent as natural persons might or could do, and in any part of the world, viz...
Page 241 - The foregoing clauses shall be construed both as objects and powers; and it is hereby expressly provided that the foregoing enumeration of specific powers shall not be held to limit or restrict in any manner the powers of this corporation.
Page 338 - ... equitable jurisdiction within the State of Delaware may on the application in a summary way of this corporation or of any creditor or stockholder thereof, or on the application of any receiver...
Page 254 - In furtherance, and not in limitation of the powers conferred by statute, the board of directors is expressly authorized — To make and alter the bylaws of the corporation.
Page 343 - ... shall perform all duties incident to the office of President and such other duties as may be prescribed by the Board of Directors from time to time.