The list was typed on thin sheets; of foolscap and contained the names of stockholders, but as it had lain rolled up in the bottom of Mr. Elderberry's desk for five years without being disturbed it was inclined to resist the gentle pressure of Mr. Greenbaum's fingers.

" "How are you going to get rid of the fifty thousand other stockholders?" asked Mr. Beck dubiously "We don't want them trailing along with us.

"But how about the other stockholders in Horse's Neck that Beck referred to?

Besides, everybody is treated alikeall the stockholders in Horse's Neck can subscribe pro rata for Lallapaloosa." "Only they won't," grinned Scherer.

"Of course you've got to give the old stockholders notice, but we can rush the thing through and before anybody wakes up the thing will be done.

On its face, and as it was about to be represented to the stockholders of Horse's Neck, the proposition appeared fair enough.

That this, in a word, was the only way to save the situation and possibly make a go of a bad business, and that it was a gamble in which the old stockholders had a right, up to a certain date, to participate if they saw fit.

Stockholders who were dissatisfied could protest against the enabling resolution to be offered at the annual meeting of the stockholders of Horse's Neck to be held the following week at Wilmington, Delaware, and could avail themselves of the right to have their equity assessed under the laws of Delaware, but as the liabilities practically equaled the present value of the property that equity would naturally be highly problematical.

Stockholders who were dissatisfied could protest against the enabling resolution to be offered at the annual meeting of the stockholders of Horse's Neck to be held the following week at Wilmington, Delaware, and could avail themselves of the right to have their equity assessed under the laws of Delaware, but as the liabilities practically equaled the present value of the property that equity would naturally be highly problematical.

When a mining company, a railroad, an oil well or any other enterprise is down and out it is only fair that the majority stockholders, who are obliged to protect their investment, should have the right to call upon the rest to come forward and do their share or else drop out.

"You don't need to tell me what this plan of reorganization is; because they wouldn't propose one unless it was going to benefit them in some way, and the only way it can be made to benefit them is at the expense of the other stockholders.

There are further possibilities (perhaps hardly probabilities) of controlling stock issues and stock holdings so that dividends do not have to be paid on grossly inflated capitalization, and fixing the maximum of dividends payable to non-active stockholders.

I own my office (I've a boss, But so have all menso has he); The business is not mine, but yet I own the whole blamed company; Stockholders are less proud than I When competition's auld lang syned.

The stockholders had received six per cent on their investment, a reserve fund had been laid aside, and every month the member-patrons had received rebates on the food eaten of from six per cent to sixteen per cent.

It has been found that the policy determining function of the stockholders and Board of Directors cannot operate independently of the plans of the management.

The stockholders have not tried to supervise the details of the business, as has sometimes been done to the disaster of cooperatives.

The stockholders are not idle, however.

In either case the result is the samethe stockholders lose their savings and cooperation feels the blow.

A quorum could not be obtained and for months the president and treasurer had run the business without reference to directors or stockholders.

The stockholders lost all their capital.

The charter of the Bank of the United States expires in 1836, and its stockholders will most probably apply for a renewal of their privileges.

The capture of control by the liberal element among the stockholders, led by Edwin Sandys and the Earl of Southampton, was promptly signalized by measures for converting Virginia into a commonwealth.

The night after the signing of the deeds, Red said to Miss Mattie, "We ought to have a stockholders' dinner to-morrow night, Mattie.

"You give the other three stockholders a good feed to-morrow and the thanks will be up to you.

The stock was rapidly taken, principally by the stockholders of the original Western Union Company, and an assessment of five per cent. was immediately made to provide funds for the prosecution of the work.