It was necessary for me to see if Mr. Clifton held debenture stock in the Soul of Julian Carew West or only ordinary shares," said Sir Creighton.
The debenture stocks of good English railways com- mand a high premium, and the investment, therefore, though undoubtedly safe, does not yield much in the way of interest.
Guaran- teed stocks are of various kinds and rank -- some on the same level as, and others next in order to, debenture stocks.
They are divided into debenture stock, preferred stock, and deferred stock.
The stocks of the great English lines may be relied upon as a good investment, the profits being steady and sufficient to assure a fair amount of interest after satisfying the prior claims of debenture and preference stocks.
First in order of safety, as an investment, is the debenture stock of a railway company.
The receiver general would then deliver to the bank an amount of registered notes equal to the amount of debenture lodged.
I don't need to know what a debenture is, when Mr. Batchgrew's mixed up in it.
She could not for a fortune have defined the difference between a debenture and a share.
Though he should prove to her that a debenture combined the safety of the Bank of England with the brilliance of a successful gambling transaction, she would not budge.
The money required was secured by the issue of bonds and debenture loans guaranteed by the government or the Grand Trunk.
The chairman said that the share capital remained unaltered, and the debenturedebt had only been decreased by the yearly amortisation.
We now know that the 1915 profit shown in the accounts is after allowing for excess profits taxation, deferred repairs, contingent liabilities, debenture interest and depreciation.
Anderson, Captain Pretyman stated that the Company informed him that the profit mentioned was before deduction of debenture interest and depreciation.
Your debenture and bondholders will decide to foreclose; and if they do, you know, there is no power that can stop them.
I see that not only is our mortgage and debenture interest all paid to date, but that a number of our enterprises are making a handsome return.
But I doubt if the Bank of England in a panic would advance on railway debenture stock, at any rate no one has any authorised reason for saying that it would.
The railway share and debentureholders of England number more than a quarter of a million.
If one-third of the capital invested be considereddebenture capital bearing an interest of not more than 4 per cent.
Neither Europeans in, nor natives of India weredebenture holders at that date.
When the words in the text were written the complete returns of the Board of Trade had not been published, and the Author assumed that the debenture and preferential capital was greater in amount than it really is.
The company has paid off all its debenture debt, and its modest share capital receives the benefit of all profits.
Taking one-third of the capital paid up as debenture capital, bearing interest at only 4 per cent.
The Government of Canada had already assumed large responsibilities in guaranteeing the mortgagedebenture stock of the company, and in payments for construction.
There is no objection to a company issuing debentures or debenture stock at a discount, as there is to its issuing its shares at a discount.
In the mortgage debenture there is also a floating charge, but the property forming the principal part of the security is conveyed by the company to trustees under a trust deed for the benefit of the debenture-holders.
Debenture stock bears the same relation to debentures that stock does to shares.
Debenture stock is usually issued in multiples of L10 or sometimes of L1, and is made transferable in sums of any amount not involving a fraction of L1.
These bodies are authorized to borrow for their proper purposes on debentures and debenture stock with the sanction of the Local Government Board.
Debentures and debenture stock are usually made payable in instalments, for example 10% on application, 10% on allotment and the remainder at intervals of a few months.
Debenture stock created by trading companies differs in various particulars from debenture stock created by public companies governed by the Companies Clauses Act.
In the debenture bond there is no security proper: only the covenant for payment by the company.
Etymologically, debenture is merely the Latin word debentur,--The first word in a document in common use by the crown in early times admitting indebtedness to its servants or soldiers.
In the debenture the security is a floating charge.
The Marquis of Lambeth has come into the market and bought up two-thirds of the Astrakhan Grand Trunk debenture bonds, just as our house had speculated for the fall.
He pursed-up his lips and bent his brows with the same air of business-like deliberation that he might have assumed while weighing the relative merits of the first and second debenture bonds of some doubtful railway company.
Provisions have also been made for guaranteeing debenture by mortgaging ships, any definite property either immovable or movable, or any legal claims which are secured by written instruments.
But for them also the new laws have made provisions for the means of constituting corporations for the purpose of guaranteeing debentureby mortgage.
It was the same with the small debenture holders; a London vintner or cook who had contributed L25 to the good cause, and held a debenture to that amount for land in Kerry, was not likely to go out and turn backwoodsman.
I was moochin' around the bondroom when I happens to glance over the transfer book and notices that a big block of our debenture 6's are listed as goin' to the Federated Tractions.
Rolfe had not thought it necessary to mention that he derived about three hundred pounds from debenture stock which was redeemable, and that the date of redemption fell early in this present year, 1891.
Debentures, Debenture stock and marketable securities are the only things included.
In this regulation the expression 'securities' includes Bonds, Debentures, Debenture stock, and marketable securities.
All this remains equally true if, besides the ordinary capital, there is a considerable amount outstanding of Preference shares and Debenture debt.
