Uniform System of Accounts for Gas Corporations; Adopted October 21, 1908
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In our eReader you can find the full English version of the book. Read Uniform System of Accounts for Gas Corporations; Adopted October 21, 1908 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Uniform System of Accounts for Gas Corporations; Adopted October 21, 1908
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They may be cumulative or noncumulative, participating or nonparticipating. If cumu- lative, the amount by which the dividend at any dividend period fails to reach the stipulated rate is carried forward to continue as a claim upon dividends until satisfied; if noncumulative, such amount lapses. If a first preferred stock is participating, it is not limited to the stipulated rate in the amount of dividends which it may receive, but is entitled to participate, in accordance with the terms of the ...contract under which it is issued, in further dividends; if nonparticipating, it is limited to the stipulated rate.
48. Second Preferred Stocks defined. — Second Preferred Stocks are those whose claims in the distribution of dividends are next after those of first preferred stocks. These stocks may also be cumulative or noncumulative, par- ticipating or nonparticipating.
49. Common Stocks defined. — Common Stocks are those whose claims in the distribution of dividends are subordinate to the claims of all other stocks.
What to read after Uniform System of Accounts for Gas Corporations; Adopted October 21, 1908?
You can find similar books in the "Read Also" column, or choose other free books by New York (State). Public Service Commission. Second District to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
They may be cumulative or noncumulative, participating or nonparticipating. If cumu- lative, the amount by which the dividend at any dividend period fails to reach the stipulated rate is carried forward to continue as a claim upon dividends until satisfied; if noncumulative, such amount lapses. If a first preferred stock is participating, it is not limited to the stipulated rate in the amount of dividends which it may receive, but is entitled to participate, in accordance with the terms of the ...contract under which it is issued, in further dividends; if nonparticipating, it is limited to the stipulated rate.
48. Second Preferred Stocks defined. — Second Preferred Stocks are those whose claims in the distribution of dividends are next after those of first preferred stocks. These stocks may also be cumulative or noncumulative, par- ticipating or nonparticipating.
49. Common Stocks defined. — Common Stocks are those whose claims in the distribution of dividends are subordinate to the claims of all other stocks.
What to read after Uniform System of Accounts for Gas Corporations; Adopted October 21, 1908?
You can find similar books in the "Read Also" column, or choose other free books by New York (State). Public Service Commission. Second District to read onlineMoreLess
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