The Spartanburg and Union was able to raise enough capital to complete the line by 1859 . The total cost was approximately $ 1.25 million, of which the state contributed nearly half through stock subscriptions and bonds.
12.
In effect, he argued that a stock dividend is really a cash dividend, since it is really two-step affair, consisting of 1 . a cash distribution, 2 . subsequently used to purchase additional shares through the exercise of stock subscription rights.
13.
In " The Progress ", Barnett considered Singleton and Franklin's support for the expositions hypocritical, as Franklin was slow in paying his stock subscription to the exposition and did not press enough for employment of blacks in the buildup to the exposition.
14.
Also in May, POW ! filed suit for fraud and breach of contract against Valerie Barth of Media Dynamics and Ron Sandman, sole director of UltraVision Inc ., claiming it is owed $ 1.15 million for a three-million POW ! common stock subscription.
15.
In " The Progress ", Barnett considered Singleton and Franklin's support for the expositions hypocritical, as Franklin was slow in paying his stock subscription to the exposition and did not press enough for employment of blacks in the build up to the exposition.
16.
The circular from Beijing branches of the People's Bank of China and China Securities Regulatory Commission said inspections should focus on potential areas of illegal activities, such as extending credit to customers and breaking financing and stock subscription rules, the China Securities News reported.
17.
Slow stock subscriptions delayed surveying until June 1875, when a line was located between Xenia and the Marietta and Cincinnati Railroad ( M & C, later a Octa . ( The former completed most of its line, but abandoned it in 1887; the latter was only able to grade a portion .)
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