Public Companies from the Cradle to the Grave, Or, How Promoters Prey on the People |
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Página iv
... employed under its sanction for asking the public to subscribe to worthless
ventures as bonâ fide INVESTMENTS , and to promote bogus schemes ,
intended mainly to transfer cash from the pockets of shareholders into those of
promoters .
... employed under its sanction for asking the public to subscribe to worthless
ventures as bonâ fide INVESTMENTS , and to promote bogus schemes ,
intended mainly to transfer cash from the pockets of shareholders into those of
promoters .
Página 3
capital for other purposes , or to preserve a portion in case of business
misadventures . So long as a business continues to pay as a private .concern it is
generally kept so , and the public are seldom asked to become sharers in its
prosperity .
capital for other purposes , or to preserve a portion in case of business
misadventures . So long as a business continues to pay as a private .concern it is
generally kept so , and the public are seldom asked to become sharers in its
prosperity .
Página 18
Now , although these agreements are assumed to be all above board , they
invariably omit one very desirable item of information , and that is , what the
promoter has paid originally for a something for which the company will be asked
in the ...
Now , although these agreements are assumed to be all above board , they
invariably omit one very desirable item of information , and that is , what the
promoter has paid originally for a something for which the company will be asked
in the ...
Página 27
... made exceedingly palatable . There is absolutely no limit to the profits of some
of these projects . The idea of a modest 10 per cent . is scouted , and by skilful
arrangement of figures , it is shown to demonstration that , on the capital asked
for ...
... made exceedingly palatable . There is absolutely no limit to the profits of some
of these projects . The idea of a modest 10 per cent . is scouted , and by skilful
arrangement of figures , it is shown to demonstration that , on the capital asked
for ...
Página 37
The £ 200,000 capital of the mine in question appears all to have been allotted to
the owners of the property , and the share the public were asked to take was to
subscribe to an issue of £ 60,000 in £ 10 bonds to bear eight per cent . , and the ...
The £ 200,000 capital of the mine in question appears all to have been allotted to
the owners of the property , and the share the public were asked to take was to
subscribe to an issue of £ 60,000 in £ 10 bonds to bear eight per cent . , and the ...
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Términos y frases comunes
Acts advantages allotment already amount appear applied asked associations banks British brought Brush Electric Light called carried cash cent CHAPTER Colonial concern considered cost court directors district dividends Electric Light Company enterprises estimated existence expenses field floated Foreign formed funds given giving gold hands Indian interest investment issued joint-stock companies known Lamp leading less liability Light and Power Limited liquidators London matter means meeting ment mines names never nominal capital object offices operations paid paid-up panies patents perhaps persons position Power Co present profits promoters prospectus purchase railway reason referred registered schemes secure shareholders shares started Stock Storage subscribe success supply syndicate taken things tion trading turned undertakings vendors whole
Pasajes populares
Página 37 - The name of the first is Pison: that is it which compasseth the whole land of Havilah, where there is gold; and the gold of that land is good: there is bdellium and the onyx stone.
Página 6 - ... shall be deemed to be a company having a permanent paid-up, or nominal capital of fixed amount, divided into shares, also of fixed amount, or held and transferable as stock, or divided and held, partly in one way and partly in the other, and formed on the principle of having for its members the holders of shares in such capital, or the holders of such stock, and no other persons...
Página 22 - Whenever the Court is of opinion that it is just and equitable that the Company should be wound up.
Página 40 - Is. per Ib., the directors feel justified in stating they confidently believe the profits of this company will be more than sufficient to pay dividends of at least 50 per cent, on the nominal capital, and will exceed those of the company working the English patent, which, having only been formed a little over twelve months, has entered into a contract which will yield the return, by way of annual dividends, of a sum equal to the whole paid-up capital of the company of £34,000.
Página 101 - WE, the several persons whose names and addresses are subscribed, are desirous of being formed into a company, in pursuance of this memorandum of association, and we respectively agree to take the number of shares in the capital of the company set opposite our respective names.