Corporation Accounting |
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Common terms and phrases
Accounts Receivable Accrued Interest amount annual meeting assets and liabilities authorized balance sheet bank board of directors Bond Discount Bond Interest bond issue by-laws cancelled capital stock cash book charge charter close collateral common stock company's coupon bonds credited creditors cumulative debited debt December 31 declared deed of trust Depreciation elected Equipment exchange expenses fiscal full-paid George Bowers good-will holders Income incorporation instalment Investments July laws lease Manufacturing ment minutes Mortgage Bonds Norman Lowell number of shares organization outstanding paid pany par value payable payment poration preferred stock premium Profit and Loss purchase receipt receiver's record redemption Reserve Robert Lowell secretary secured shares of stock sinking fund trustee statement statutes stock book stock certificate stock ledger stockholders subscribed Surplus account term tion transactions transfer books Treasury Stock trust company Unissued Stock usually vote York
Popular passages
Page 388 - Clubs organized and operated exclusively for pleasure, recreation and other non-profitable purposes, no part of the net earnings of which inures to the benefit of any private stockholder or member. 10. Farmers...
Page 268 - Debt expense" means all expenses in connection with the issuance and sale of evidences of debt, such as fees for drafting mortgages and trust deeds: fees and taxes for issuing or recording evidences of debt cost of engraving and printing bonds, certificates of indebtedness, and other commercial paper...
Page 533 - Board, and shall give bond for the faithful performance of his duties in such sum and with such sureties as may be required by the Board of Directors.
Page 530 - The certificate of incorporation of any stock corporation may provide that at all elections of directors of such corporation, each stockholder shall be entitled to as many votes as shall equal the number of his shares of stock multiplied by the number of directors to be elected, and that he may cast all of such votes for a single director or may distribute them among the number to be voted for, or any two or more of them as he may see fit, which right, when exercised, shall be termed cumulative voting.
Page 64 - For value received hereby sell, assign, and transfer unto shares of the capital stock represented by the within certificate and do hereby irrevocably constitute and appoint attorney to transfer the said stock on the books of the within named company with full power of substitution in the premises.
Page 530 - On this day of 1966, before me personally appeared to me known to be the persons described in and who executed the foregoing instrument, and acknowledged that they executed the same as their free act and deed.
Page 388 - Benevolent life insurance associations of a purely local character, mutual ditch or irrigation companies, mutual or cooperative telephone companies, or like organizations; but only if 85 per centum or more of the income consists of amounts collected from members for the sole purpose of meeting losses and expenses; (11) Farmers...
Page 225 - Company has caused these presents to be signed by its President, and its corporate seal to be hereunto affixed, and to be attested by its Secretary...
Page 224 - Dollars gold coin of the United States of the present standard of weight and fineness," with interest from date at the rate of four per cent.
Page 533 - President, such instruments as shall require such signature, and shall make such reports and perform such other duties as are incident to his office, or are properly required of him by the Board of Directors.