Voting Trust Agreement

Author : Harry Alonzo Cushing
Publisher : Forgotten Books
ISBN 13 : 9780266266532
Total Pages : 244 pages
Book Rating : 4.2/5 (665 download)

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Download or read book Voting Trusts written by Harry Alonzo Cushing and published by Forgotten Books. This book was released on 2017-10-13 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Voting Trusts: A Chapter in Recent Corporate History In its early form the typical voting trust agreement evidenced little more than the stockholders of their certificates absolutely to trustees, or in some instances to a trust company, and the undertaking on the part of the trustees to deliver stock certificates on the expiration of the trust and in the meantime to distribute to the holders Of trust certificates the amount Of any dividends paid upon the stock. The powers of the trustees were, for the time being, those Of owners of the stock, and the absence Of restrictions indicates the complete dependence then placed on the trustees, both to meet any unforeseen contingencies and to take all steps which might seem to them appropriate. The development from the occasional use of this simple arrangement has been marked, however, both by a great variety Of detailed provisions and by the applica tion Of such trusts to many concerns of substantial. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.