Public Companies from the Cradle to the Grave, Or, How Promoters Prey on the People |
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Página iv
... 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 .
... 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 8
He stipulates that the price of what he vends shall be paid in cash and shares ; and , as this presumes a buyer , a joint - stock company is provided to furnish this party to the transaction . He sells what it does not pay him to retain ...
He stipulates that the price of what he vends shall be paid in cash and shares ; and , as this presumes a buyer , a joint - stock company is provided to furnish this party to the transaction . He sells what it does not pay him to retain ...
Página 13
... in all these undertakings , there remain to be mentioned our banks , where the cash may be deposited , and the National Safe Deposit Company , who will take care of the securities . Nothing is too insignificant , nothing too vast ...
... in all these undertakings , there remain to be mentioned our banks , where the cash may be deposited , and the National Safe Deposit Company , who will take care of the securities . Nothing is too insignificant , nothing too vast ...
Página 26
Again , " the vendors have so much confidence in the ultimate success of the undertaking that they have taken only £ 25,000 in cash and the remaining £ 25,000 of the purchase - money in shares ” ; but this is only a method of disguising ...
Again , " the vendors have so much confidence in the ultimate success of the undertaking that they have taken only £ 25,000 in cash and the remaining £ 25,000 of the purchase - money in shares ” ; but this is only a method of disguising ...
Página 30
Tempted by alluring advertisements of promoters , he began to invest his money in limited liability companies , and the result is that he has paid away in hard cash £ 32,000 , and is liable for nearly £ 54,000 more for calls .
Tempted by alluring advertisements of promoters , he began to invest his money in limited liability companies , and the result is that he has paid away in hard cash £ 32,000 , and is liable for nearly £ 54,000 more for calls .
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Términos y frases comunes
Acts advantages allotment already amount appear applied asked associations banks become British brought Brush Electric Light called carried cash cent CHAPTER concern considered cost directors district dividends Electric Light Company enterprises existence expenses field floated Foreign formed funds given giving gold guarantee 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 question railway reason referred registered schemes shareholders shares started Stock Storage subscribe success supply syndicate taken things tion trading turned undertakings vendors whole winding
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.