Reichstarifvertrag für das deutsche Buchbindereigewerbe und verwandte Berufszweige (VDB-Tarif)

Bibliographic data

Monograph

Identifikator:: 1831284952

URN:: urn:nbn:de:zbw-retromon-225876

Document type:: Monograph

Author:: Meeker, James Edward http://d-nb.info/gnd/126597340

Title:: The work of the Stock Exchange

Edition:: Revised edition

Place of publication:: New York

Publisher:: The Ronald Press Company

Year of publication:: [1930]

Scope:: XVI, 720 Seiten; Illustrationen, Diagramme

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter XI. The security collateral loan market

Collection:: Economics Books

568 APPENDIX holders or against the payment of the proceeds of sale to an American holder who sells in the market of origin. 7. In determining availability for listing, the Committee will give con- sideration to all matters affecting marketability, including the total number of shares issued, the initial number upon the American market, and the facility with which domestic and international transactions may be effected. The application should give all facts necessary for the determination of these questions. 8. No foreign share securities will be listed unless the company or its predecessor or constituent companies has been in operation for at least two (2) full years. The application should include the last two (2) annual balance sheets and income statements for at least two (2) full years. 9. The share securities of small companies will not be listed. In con- sidering size available for listing, the nominal capitalization, the market price of securities to be listed, and the amount of the earnings will be accorded due weight. 10. No securities will be listed of any foreign company which is in default in any of its obligations, other than default occasioned by currency depreciation beyond control of the company. A statement in regard to this should appear in the application. 11. Until further action by the Committee, it will not recommend for listing corporate securities the nominal value of which is expressed in terms of, or the income from which is payable to security holders in, a currency which is not upon a gold basis. 12. Applications should state specifically that provision has been made for maintenance of a Fiscal Agent in New York City where all dividends on outstanding American certificates will be payable at current rates of exchange. Such dividends should be remitted promptly and paid to certifi- cate holders by check without deduction except for reasonable charges and necessary expenses. Where desired the Fiscal Agent can be the same insti- tution which issues the American certificates. Such Fiscal Agent or the institution issuing the American certificates must agree to mail to registered holders thereof, at their last known address, .copies of all notices received affecting the interests of such holders in the deposited securities. 13. Each application should state clearly all taxes which, under existing law, may be imposed upon the holder of American certificates, directly or indirectly. 14. Accounting statements appearing in the application must be in form satisfactory to the Committee and, as, far as possible, should disclose the same amount of information in regard to the affairs of the foreign com- pany as are normally disclosed by the application of an American company. 15. The application should contain a summary of all important provi- sions of the actions under the authority of which the securities to be listed are issued and should be accompanied by an English translation of all papers and documents required for domestic listings. 16. The nature of the disposition of the proceeds of a corporate issue will be a factor affecting its availability for listing. 17. The application should include a detailed statement of any fees, other than those ordinarily applying in the case of domestic securities, which may be charged to any one holding or dealing in the securities and should state to whom such fees are pavable.

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