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" In the event of any liquidation or dissolution or winding up (whether voluntary or involuntary) of the corporation, the holders of the preferred stock shall be entitled to be paid in full, both the par amount of their shares and the unpaid dividends,... "
Modern Business Corporations, Including the Organization and Management of ... - Page 209
by William Allen Wood - 1906 - 11 pages
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Atlantic Reporter, Volume 94

1915 - 1132 pages
...corporation, into which the company is to be merged, provides that in the event of liquidation or dissolution: "The holders of the preferred stock shall be : entitled to be paid thirty-five dollars per share I [the par being twenty-five dollars], and the un| paid dividends accrued...
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The Statutory and Case Law Applicable to Private Companies Under the General ...

New Jersey - 1899 - 422 pages
...dividend on the common stock for such fiscal year. In addition thereto, in the event of the dissolution of the corporation, the holders of the preferred stock shall be entitled to receive the par value of their preferred shares out of the surplus funds of the corporation, before...
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Reports of the Industrial Commission ...

United States. Industrial Commission - 1901 - 1266 pages
...such arrears at the rate of 4 per cent per annum shall have been paid. In the event of the dissolution of the corporation, the holders of the preferred stock shall be entitled to receive the par value of their preferred shares, together with all accumulations of unpaid dividends...
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Report, Volume 13

United States. Industrial Commission - 1901 - 1284 pages
...such arrears at the rate of 4 per cent per annum shall have been paid. In the event of the dissolution of the corporation, the holders of the preferred stock shall be entitled to receive the par value of their preferred shares, together with all accumulations of unpaid dividends...
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The Statutory and Case Law Applicable to Private Companies: With Special ...

James Brooks Dill - 1901 - 444 pages
...by the board of directors ; and, in addition thereto, in the event of the dissolution or liquidation of the corporation, the holders of the preferred stock shall be entitled to receive the par value of their preferred shares out of the assets of the corporation before anything...
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The Manual for Statistics: Stock Exchange Hand-book ...

Charles M. Goodsell, Henry E. Wallace - 1901 - 978 pages
...declared by the board of directors, and in addition thereto in the event of the dissolution or liquidation of the corporation, the holders of the preferred stock shall be entitled to receive the par value of their preferred shares and all accumulated dividends out of the assets of...
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Acts of the State of Ohio, Volume 95

Ohio - 1902 - 1050 pages
...liability fixed by law for the common stock of such corporation. In case of the insolvency or dissolution of the corporation, the holders of the preferred stock shall be entitled to receive from the assets remaining after paying its debt> and liabilities, the full payment of the par...
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At the General Assembly of the State of Rhode-Island and Providence ...

Rhode Island - 1903 - 264 pages
...the common stock, payable then or thereafter, out of any remaining surplus or net profits. " In the event of any liquidation or dissolution or winding...par amount of their shares and the unpaid dividends, if any, accrued thereon, before any amount shall be paid to the holders of the common stock; and, after...
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A Manual of the Business Corporation Law of Massachusetts

Charles Nathan Harris, Grosvenor Calkins - 1903 - 274 pages
...amount of the preferred stock shall at no time exceed one-half of the total outstanding capital stock of the corporation. The holders of the preferred stock shall be entitled to receive semi-annually all net earnings of the corporation determined and declared as dividends in each...
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The Truth about the Trusts: A Description and Analysis of the American Trust ...

John Moody - 1904 - 590 pages
...the common stock, payable then or thereafter, out of any remaining surplus or net profits. "In the event of any liquidation or dissolution or winding up (whether voluntary or involuntary) of flic corporation, the holders of the preferred stock shall be entitled to be paid in full both the...
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