| 1892 - 668 halaman
...bonds," are included all bonds which are a lien on revenue alone, or which being a lieu on a road and its franchises can claim payment of interest only in case interest is earned. The characteristic feature of the income bond is that interest payments are contingent on earnings,... | |
| William Arthur Chase - 1911 - 572 halaman
...trust bonds. Debentures should be clearly distinguished from debenture stock. (d) Income Bonds. — Bonds which are a lien on a carrier's revenue alone,...payment of interest only in case interest is earned. (e) Equipment Trust Obligations. — Equipment bonds, equipment notes, or car trust notes secured by... | |
| James Shirley Eaton - 1913 - 582 halaman
...trust bonds. Debentures should be clearly distinguished from debenture stock. (d) Income bonds. — Bonds which are a lien on a carrier's revenue alone,...payment of interest only in case interest is earned. (e) Equipment Trust Obligations.- — Equipment bonds, equipment notes, or car-trust notes secured... | |
| James Shirley Eaton - 1913 - 924 halaman
...clearly distinguished from debenture stock. (d) Income bonds. — Bonds which are a lien on a carrier 's revenue alone, or bonds which, while being a lien...payment of interest only in case interest is earned. (e) Equipment Trust Obligations.- — Equipment bonds, equipment notes, or car-trust notes secured... | |
| United States. Interstate Commerce Commission - 1914 - 122 halaman
...of indebtedness. Debentures should be clearly distinguished from debenture stock. Income Bonds. — Bonds which are a lien on a carrier's revenue alone,...been created in connection with the acquisition of tne equipment securing the obligations. These should be entered on page 25. Miscellaneous Funded Obligations.... | |
| International Correspondence Schools - 1914 - 672 halaman
...trust bonds. Debentures should be clearly distinguished from debenture stock. (d) Income Bonds. — Bonds which are a lien on a carrier's revenue alone,...payment of interest only in case interest is earned. (e) Equipment Trust Obligations. — Equipment bonds, equipment notes, or car-trust notes secured by... | |
| William Everett Hooper - 1915 - 494 halaman
...-which are a lien on a carrier's revenue alone, or bonds which, while being a lien on its property and franchises, can claim payment of interest only in case interest is earned. (e) MISCELLANEOUS OBLIGATIONS. — All funded obligations not provided for by the other subdivisions... | |
| Henry Parker Willis - 1916 - 582 halaman
...Income Bonds. — Bonds which are a lien on a carrier's revenue alone, or bonds which, while being a Hen on its road and franchises, can claim payment of interest only in case interest is earned. (e) Equipment Trust Obligations. — Equipment bonds, equipment notes, or car trust notes secured by... | |
| Charles Steven Sikes - 1917 - 406 halaman
...Bonds which are a lien on a carrier's revenue alone, or bonds which, while being a lien on its property and franchises, can- claim payment of interest only in case interest is earned. (e) Miscellaneous obligations.— All funded obligations not provided for by the other subdivisions... | |
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