Investors were permitted by him to subscribe for small blocks of treasury stock at $2 per share.
There ought to be some legal way to compel this sale to be made of treasury stock.
But one thing: raise the money by the sale of treasury stock to replenish their coffers and carry on the work.
"It represents as much value as treasury stock or any other stock," retorted Mr. Wallingford.
A trial balance also shows that the stock ledger balances with a credit of $20,000 treasury stock.
Something more than half of the nominal capitalisation has been reserved as 'treasury stock.'
Now then, tell me this: how near can we come to placing that treasury stock right here in Timanyoni Park?
All the treasury stock would have to be quickly disposed of, or a reorganization would have to be effected.
But there is much criticism of the usual apportionment of the owners' and the treasury stock.
In the event of liquidation of the company, treasury stock would off-set the liability on account of capital stock.