This was achieved by creating ?50, 000 of debenture stock and by mortgages.
2.
They had to issue debenture stock to pay for them.
3.
In 1931, Second World War there were two issues of debenture stocks in 1933 and 1935.
4.
The rule also applies to debenture stock, but not to dividends or arrears of dividends on preference shares.
5.
Other instances of perpetuities are the incomes derived from the debenture stocks of railway companies, also the feu-duties commonly payable on house property in Scotland.
6.
Further issues of preference shares and debenture stock followed in November 1954 and November 1959 . Rootes Acceptances Limited, the export financing arm, was sold.
7.
Fund Parameters : U . S . Stocks ( with maximum market cap of $ 4 billion ) Foreign securities Convertible debt or debentures Stock index futures
8.
The Company's fortunes revived with this arrangement, and at a shareholders'meeting on 31 October 1884 a 1 % dividend to Class A Debenture Stock holders was announced.
9.
It was for ? million six-year 6.5 % First Mortgage Debenture Stock and in the event, though competitively priced, 96 % was left with the underwriters, The Sun Insurance Office.
10.
He undertook to pay for the land acquisition and to pay some interest liabilities of the M & SWJR in return for ?89, 000 in perpetual 5 % debenture stock.
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