A Study of the United States Steel Corporation in Its Industrial And Legal Aspec
A Study of the United States Steel Corporation in Its Industrial And Legal Aspec
Horace L Horace La Fayette Wilgus
The book A Study of the United States Steel Corporation in Its Industrial And Legal Aspec was written by author Horace L Horace La Fayette Wilgus Here you can read free online of A Study of the United States Steel Corporation in Its Industrial And Legal Aspec book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is A Study of the United States Steel Corporation in Its Industrial And Legal Aspec a good or bad book?
What reading level is A Study of the United States Steel Corporation in Its Industrial And Legal Aspec book?
To quickly assess the difficulty of the text, read a short excerpt:
Deposited common stocks must carry all dividends or rights to dividends declared or payable on or after March 1, 1901, and no adjustment or allowance will be made in respect thereof. For the purpose of avoiding the necessity of interruption in the declaration and payment of dividends, when earned, upon the com- mon stock, concurrently with the payment of dividends upon the preferred stock, there has been inserted in the charter of the United States Steel Corporation a provision to the effect th...at whenever all APPENDIX. 117 quarterly dividends accrued upon the preferred stock for previous quarters shall have been paid, the Board of Directors may declare dividends on the common stock out of any remaining surplus or net profits. Statements furnished to us by officers of the several companies above named, and of the Carnegie Company, show that the aggregate of the net earnings of all the companies for the calendar year 1900 was amply sufficient to pay dividends on both classes of the new stocks, besides making provision for sinking funds and maintenance of properties.
User Reviews: