The work of the Stock Exchange

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.

APPENDIX 565 terms of redemption (by sinking fund or otherwise), convertibility, default, interchangeability or exchangeability of coupon and registered bonds, and conversion into other securities. Bonds, in the text and on the reverse, must recite payment of principal and interest in the Borough of Manhattan, City of New York, and provide for transfer and registration. Coupons must recite payment of interest in the Borough of Manhattan, City of New York and tax exemption. Registered bonds must carry a power of assignment in such form as the Committee may approve. The Committee recommends that registered bonds be made interchange- able with coupon bonds. Registered bonds interchangeable with coupon bonds shall bear a legend reciting numbers and denominations of coupon bonds, against which they are issued. If coupon bonds of any denomination are interchangeable with coupon bonds of other denominations they shall contain such recital in the text and bear an appropriate legend on the reverse. Registered bonds made such bv detaching coupon sheets are not eligible for listing. Forms of Legends for Bonds For coupon bonds of one denomination interchangeable with coupon bonds of other denominations: “As provided in the Indenture, coupon bonds of the denomina- tions of $1,000, $500 or $100, at any time outstanding, when sur- rendered with all unmatured coupons attached and upon the payment of charges, may be exchanged for an equal aggregate principal amount of coupon bonds of any other denomination of the same issue, of numbers not contemporaneously outstanding, with all un- matured coupons attached.” For a coupon bond of a thousand dollars exchangeable for coupon bonds of smaller denominations : “The holder of this bond may, at his option, on surrender and cancellation and on payment of charges, as provided in the inden- ture, receive in exchange coupon bonds of this issue for an amount aggregating $1,000 in denominations of $... .of numbers not contemporaneously outstanding.” For coupon bonds of smaller denominations exchangeable for a $500 or $1,000 coupon bond: “The holder of this bond may, at his option, on surrender and cancellation of this bond and others of the same issue aggregating $500 or $1,000 and on payment of charges as provided in the indenture, receive in exchange a coupon bond of this issue of a number not contemporaneously outstanding, for the amount aggregated.” For registered bond (s) issued for coupon bond(s) of denomination(s) of less than $1,000: “This bond is issued in exchange for coupon bond(s) of this issue numbered..............in denominations of $.............. hot contemporaneously outstanding, aggregating the face value hereof and coupon bond (s) of this issue bearing the said number(s)

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