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" ... provided further, that the property purchased or the property owned by the corporation whose stock is purchased shall be cognate in character and use to the property used or contemplated to be used by the purchasing corporation in the direct conduct... "
Trust Legislation: Hearings Before the Committee on the Judiciary, House of ... - Halaman 631
oleh United States. Congress. House. Committee on the Judiciary - 1914
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Atlantic Reporter, Volume 92

1915 - 1138 halaman
...right of one corporation to buy stock of another corporation owning property "cognate in .rhiirncter and use to the property used or contemplated to be used by the purchasing corporation." The expression seems to me broader tions may be dissimilar in the kind of business they are organized...
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The American Year Book

Albert Bushnell Hart - 1914 - 922 halaman
...cash or its equivalent." Moreover, the property purchased by a corporation, or the property owned by a corporation whose stock is purchased, "shall be cognate...in the direct conduct of its own proper business." The directors of the purchasing company, or a majority of them, must file a statement in writing with...
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Laws on Trusts and Monopolies: Domestic and Foreign, with Authorities

1912 - 464 halaman
...thereon for an amount greater than the sum it actually pays for such stock in cash or its equivalent; and provided further, that the property purchased or the...in the direct conduct of its own proper business; and in all cases when stock is to be issued for property purchased, or for the stock of other corporations...
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The American Political Science Review, Volume 7

1913 - 756 halaman
...requires that the property purchased, or the property owned by the corporation, whose stock may be purchased shall be cognate in character and use, to...in the direct conduct of its own proper business. When a corporation proposes to issue stocks for property purchased or for the stock of other corporations...
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Commission Leaflets: Recent Commission Orders, Rulings and ..., Masalah 19-22

American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - 1913 - 1518 halaman
...operated. In the judgment of this Board the property owned by the Monmouth Lighting Company is not cognate in character and use to the property used or contemplated to be used by the Eastern Utilities Corporation in the direct conduct of HS own proper business. It follows therefore...
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The Atlantic Monthly, Volume 113

1914 - 884 halaman
...substantial variance in the legislation necessary to put them into complete effect. The first condition required is one to effect ' the prevention of holding...problem of eliminating the holding company. On the contrary, it furnishes an instance of the charter-power under which the holding company exists; and...
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Commercial Law: A Treatise for Business Men on the Law Applicable to ...

Charles William Gerstenberg, Thomas Welburn Hughes - 1914 - 574 halaman
...thereon for an amount greater than the sum it actually pays for such stock in cash or its equivalent; and provided further, that the property purchased or the...in the direct conduct of its own proper business; and in all cases when stock is to be issued for property purchased, or for the stock of other corporations...
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New Jersey: The State Magazine, Volume 1

1914 - 450 halaman
...Industries is well worth visiting. It will continue in the Public Library Building until March 27th. property purchased or the property owned by the corporation...corporation in the direct conduct of its own proper business ; and in all cases when stock is to be issued for property purchased, or for the stock of other corporations...
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Interstate Trade Commission: Hearings ... Sixty-third Congress, Second Session

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1914 - 500 halaman
...further that the property purchased or the property owned by the corporation whose stock is puchased shall be cognate in character and use to the property...purchasing corporation In the direct conduct of its < wn proper business." This amendment, the best that could be obtained with the conditions existing...
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Report

New Jersey. Board of Public Utilities - 1914 - 600 halaman
...Atlantic City Electric Company : (3) that the property owned by the Ocean City Electric Company is cognate in character and use to the property used or contemplated to be used by the Atlantic City Electric Company in the direct conduct of its own proper business; and (4) that the purchase...
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