 | Abraham Clark Freeman - Law reports, digests, etc - 1903 - 1008 pages
...section 267, it is said: "By 'preferred stock' is to be understood stock which entitles the holder to receive dividends from the earnings of the company before the common stock can receive a dividend from such earnings. In other words, it is stock entitled to dividpnda from the income... | |
 | Albert Sidney Bolles - Law - 1905 - 196 pages
...because the owners possess more rights than other stockholders. Generally, preferred stockholders have a right to receive dividends from the earnings of the company before the holders of the common stock can share in them. (a) Usually, such stock is issued to raise money for... | |
 | Virginia. Supreme Court of Appeals - Law reports, digests, etc - 1911 - 1076 pages
...declaration, or of "capital stock," as described in the statement of defense. It entitles the holder, however, to receive dividends from the earnings of the company before the common stock can receive a dividend from such earnings. "In other words, it is stock entitled to dividends from the... | |
 | Law reports, digests, etc - 1911 - 1162 pages
...declaration, or of "capital stock," as described in the statement of defense. It entitles the holder however, to receive dividends from the earnings of the company before the common stock can receive a dividend from such earnings. "In other words. It Is stock entitled to dividends from the... | |
 | United States. Board of Tax Appeals - Taxation - 1928 - 1582 pages
...company. What is preferred stock? By preferred stock is to be understood stock which entitles the holder to receive dividends from the earnings of the company before the common stock is paid a dividend from such earnings. In other words, it is stock entitled to dividends from the income... | |
 | 1924 - 1654 pages
...was held that the holders of the mortgage bonds were entitled to claim as creditors. The court said': "We recognize the ordinary rule in reference to preferred...court, upon the special facts of this case. Those facts are pretty fully set forth in the headnote. Un266 267 der them, the defendants in error did not... | |
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It entitles the holder, however, to receive dividends from the earnings of the company before the common stock can receive a dividend from such earnings. "In other words, it is stock entitled to dividends from the income or earnings of the corporation... 