168 Corporation Finance 12
168 Corporation Finance 12. Map Of Property And Contemplated Exten Sions. 13. Specimens Of All Securities To Be Listed. For Bonds: 14. All Papers Required For Listing Stocks And Also Seven Copies Of The Mortgage Or Indenture, One Copy (a) Certified To By Trustee, (b) With Copies Of All Certificates ...
Amortization
Amortization The Chapter About "trading On The Equity" We Discussed Considerations Affect Ing The Desirability Of Corporate Indebtedness. Stating The Case Briefly, The Borrowers In A Business By Creating A Debt Take A Greater Risk On The Capital They Have:committed, And The Lenders Accept A Lower Return And Less In ...
Capitalization Massachusetts
Capitalization (massachusetts) Though Originally The Board Had No Control Over Capitalization, It Was Not Slow In Making Clear That A Power Of Regulation Was Desirable. As A Result It Has To-day A Most Effective Con Trol. From The First The Board Made It Evident That It Would Consider As Capital, ...
Capitalization Wisconsin
Capitalization (wisconsin) In Its Report For 1909-10, The Commission Pointed Out Weaknesses In The Provisions Of The Law Giving It Jurisdiction Over Stock And Bond Issues. When A Corporation Desired To Issue Stocks, Bonds, Or Other Evidences Of In Debtedness For Money Only, The Scope Of The Commission's Inquiry Was ...
Capitalization And The State
Capitalization And The State State Regulation Of Corporation Finance May Rest On One Or More Of Three General Purposes: 1. To Protect Creditors. 2. To Protect Prospective Shareholders. 3. To Protect The General Public From Hav Ing To Pay An Excessive Return On Capital Invested In The Business. Since The ...
Corporate Income
Corporate Income Discussion Of Corporation Finance So Far Has Assumed Enough Knowledge Of Ac Counting For An Understanding Of The Elemen Tary Terms Of The Balance-sheet And The In Come Account. The Brief Consideration Of The Subject In This Chapter Is Presented For The Benefit Of Those Who Do Not ...
Financing An Expansion
Financing An Expansion The Head Of " Trading On The Equity" We Discussed The General Principles Governing The Capitalization Of A Corporation Formed To Engage In A New Enterprise. We Have Not Considered What Provision The Cor Poration Might Make To Finance A Possible Fu Ture Extension Of The Business, ...
Ies Into The Field
Ies Into The Field New York) Without Having First Obtained The Permis Sion Of The Commission, No Corporation Shall Begin The Construction Of A Street Railroad, Or Exercise Any Franchise Or Right Under Any Pro Vision Of The Railroad Law. The Commission Shall Grant Its Approval, Whenever It Shall, After ...
Listing On The Stock
Listing On The Stock A Corporation Should List An Issue Of Its Securities On The Stock Exchange, It Would Not, Merely By So Doing, Provide Any Funds For Itself. So Far As Listing Alone Is Concerned The Corporation By The Mere Authorization Of The Securities Has Accomplished As Much Toward ...
Origin Of The Complexity
Origin Of The Complexity Of Liens The Case Of Railway Bonds The Reader Of Financial Advertisements And Circulars, Who Is Not Entirely Familiar With The Processes Of Cor Poration Financing, May Not Readily Under Stand How It Comes About That A Bond May Be Secured By A First Mortgage On ...
Policy As To Consolidation
Policy As To Consolidation Of Companies (massachusetts) The Statutes Allow The Purchase And Sale Of The Rights Of One Company By Another, Or The Consolidation Of Two Or More Companies, Only On The Board's Approval. Thus The Board Has Full Control Of A Company's Actions In This Direction. The Board ...
Policy As To The
Policy As To The Consolidation Of Companies (new Yore) No Public Service Corporation, Foreign Or Domestic, Can Hold Any Part Of The Capital Stock Of Another Public Service Corporation Unless Authorized To Do So By The Commission. Except As Stock Shall Be Transferred Or Held As Collateral With The Consent ...
Policy As To The
Policy As To The Admission Of New Ies Into The Field (massachusetts) The Board, Upon Application In Writing By Any Company, Chartered Under The Laws Of The Commonwealth, After Notice And Hearing, May Authorize The Company To Go Into The Gas Or Electric Business. It May Engage In Such Business ...
Policy As To The_2
Policy As To The Admission Of New Panies Into The Field (wisconsin) No License, Permit, Or Franchise Can Be Granted To Any Person, Partnership, Or Cor Poration To Engage In Any Public Service En Terprise, Where There Is In Operation Under An Indeterminate Permit, As Provided In The Act, A ...
Raising Funds Through The
Raising Funds Through The Banking Houses "raising Funds For The Capital Account Through An Appeal To The Stockholder," Were Mentioned Two Reasons Why Corporations, If They Can, Gen Erally Resort To The Banking Houses To Raise New Funds For The Capital Account. It Pointed Out That Corporations Are Not Equipped ...
Raising Funds For The
Raising Funds For The Capital Account Through An Appeal To The Stockholder Finding The Capital Forms Part Of The Work Of The Promoter. When Perform Ing This Labor He Often Resembles Gilbert's Policeman In That "his Lot Is Not A Happy One." Ile Is Too Likely To Have To Cool ...
Readjustment Of The Capital
Readjustment Of The Capital Account We Have Restricted Our Use Of The Word " Reorganization " To Situations Involving A Foreclosure, Or Otherwise A Sale Of The Property At The Instance Of Creditors. Common Use Applies This Term More Broadly To Include Any Substantial Change In The Financial Plan, Not ...
Recapitalization
Recapitalization By The Term "recapitalization" We Mean A Substantial Change In The Financial Plan Of The Corporation That Does Not Result From In Solvency. Quite The Contrary Situation Is The Most Frequent Cause Of Recapitalization. Those In Control Of The Corporation Bring About An Increase In The Outstanding Securities To ...
Regulation Of Rates Massachusetts
Regulation Of Rates (massachusetts) It Is Difficult To Determine Just What The Board Has Accomplished In The Way Of Price Re Ductions. Though Each Year Between Twelve And Twenty Gas Companies Have Reduced Their Rates, In Most Cases They Have Not Made The Reduction As A Result Of Complaints. Average ...
Regulation Of Rates Wisconsin
Regulation Of Rates (wisconsin) The Wisconsin Commission States Of The Charges Which Make A Proper Rate : Under Normal Or Ordinary Conditions, Public Utilities Are Entitled To Earnings That Will Cover The Operating Expenses, Including Depreciation, And A Fair Return On The Investment. These Items May Be Said To Constitute ...
Reorganizations
Reorganizations We Have Contemplated The Original Issuance Of Securities At The Time Of Organization And Such Additions As May Be Made From Time To Time To Supply The Funds For Increases In The Capital Account Required By An Expansion Of The Business. We Have Also Considered Such Changes As May ...
Special Nature Of The
Special Nature Of The Income Of A Holding Company The Corporation May Be Entirely A Holding Company And Not Conduct Any Operations At All, Or It May Be Partly A Holding Company And Partly An Operating Company. Hereto Fore We Have Generally Been Viewing The Earn Ings Of A Corporation ...
Syndicates Joint Accounts And
Syndicates: Joint Accounts And Underwritings Corporation Requires At One Time An Amount Of Financing Too Great For The Bank Ing House Which Has Undertaken To Supply The Corporation's Need For Capital, Or To Which The Corporation Is Applying, To Supply Alone, The Banking House Seeks Cooperation. How Great The Amount ...