The Outlook Volume 116, PT. 2 by Ernest Hamlin Abbott
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Author: Ernest Hamlin Abbott
Page Count: 644 pages
Published Date: 01 Mar 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781130222005
File Name: The.Outlook.Volume.116,.PT..2.pdf
Download Link: The Outlook Volume 116, PT. 2
---------------------------------------------------------------
Author: Ernest Hamlin Abbott
Page Count: 644 pages
Published Date: 01 Mar 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781130222005
File Name: The.Outlook.Volume.116,.PT..2.pdf
Download Link: The Outlook Volume 116, PT. 2
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 Excerpt: ...over twenty-five thousand. HOLDING COMPANY AX1 UNDERLYING BONDS A holding company in taking over individual properties usually lea ves outstanding the mortgage bonds already existing. These issues, usually first mortgage securities, are underlying bonds or liens on the separate properties. The holding company then takes the stocks and'bonds of the subsidiaries which it owns and deposits them with the trustee, issuing against this security its own bonds, which are therefore collateral bonds. Holding company issues are usually authorized to very large amounts, and, as market conditions are favorable, new bonds are issued to provide for extensions and improvements and for the payment of maturing underlying bonds. These collateral bonds have a wide market, some before the present war having an active international market. Ontheotherhand, certain holding companies make a practice of putting out as needs require issues secured on separate properties they control, the holding company itself nelling to the public no interest-bearing securities. The latter practice is, however, rather unusual. When the collateral trust bond of a holding company has back of it A convenient and simple system for the promotion of Thrift; fully matured after five years of careful and conservative investigation of the small investment field. Thrift Bonds are distributed through employers and merchants; the number of stores that sell them is increasing daily. Thrift Bonds are 3% certificates of ownership in Governmental obligations held by the Equitable Trust Company of New York, as trustee. They are absolutely safe. Thrift Bonds will be accepted at par in exchange for Bonds of the Liberty Loan, when issued, with no charge to holders except transportation, premium and accrued interest, if...
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