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Anonymous The Electrical review Volume 18 ISBN 13: 9781230068213

The Electrical review Volume 18 - Softcover

 
9781230068213: The Electrical review Volume 18
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1886 edition. Excerpt: ...at Lille. He said it was quite clear the business was a profitable one; but the whole thing depended upon the result of the litigation, upon whether they could maintain their patents or not. With regard to the division of the shares, he did not see how they could carry out the distribution so long as the litigation, to which reference had been made, was pending. Litigation meant damages, damages in Germany, in France, in Belgium, in Austro-Hungary; and they did not know what those damages would be. When the litigation was at an end of course they could divide the shares, but then there would come to be considered by the shareholders some questions as to the desirability of such a division. There was a question as to the different positions occupied by the fully paid shares, and those only partly paid; there would be the question whether the shares should be brought to the same level, and, if so, whether it was worth while to pay the difference between the fully paid and the partly paid in order to get the Edison and Swan shares divided. Mr. Foster criticised some points in the accounts and the manner in which a profit on the working of the last three months had been shown, but as he was not present during the earlier part of the proceedings the Chairman explained the matter to him, whereupon he withdrew his opposition. A Shareholder asked was the Woodhouse and Eawson business finished. The Chairman said the case was to be heard on May 4th. It had been postponed at the request of the defendants from time to time. Mr. Woodhouse had been very ill and obliged to go abroad. This company had been ready to go on for a long time, but on one pretext and another the matter had been postponed. The motion for the adoption of the report was then...

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  • PublisherRareBooksClub.com
  • Publication date2013
  • ISBN 10 123006821X
  • ISBN 13 9781230068213
  • BindingPaperback
  • Number of pages790

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