Par value sentence example

par value
  • The London County Council, according to the statement of its comptroller, was disturbed by the hope expressed by the manager of the company, that the holders of the company's ordinary shares would obtain the par value of their shares in 1911.
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  • being the par value of the milreis) to a minimum of 58 pence.
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  • These proposals were acted upon: the Bank of Japan was established, and the right of issuing convertible notes given to it; and within three years of the initiation of these financial reforms, the paper currency, largely reduced in quantity, was restored to its full par value with silver, and the currency as a whole placed on a solvent basis.
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  • In the case of all quasi-public corporations rigid laws exist prohibiting the issue of stock or bonds unless the par value is first paid in; prohibiting the declaration of any stock or scrip dividend, and requiring that new stock shall be offered to stockholders at not less than its market value, to be determined by the proper state officials, any shares not so subscribed for to be sold by public auction.
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  • The state makes provision for revenue for school purposes as follows: (1) the interest on the Bond of the Commonwealth for $1,327,000 00; (2) dividends on 798 shares of the capital stock of the Bank of Kentucky - representing a par value of $79,800.00; (3) the interest at 6% on the Bond of the Commonwealth for $381,986.08, which is a perpetual obligation in favour of the several counties; (4) the interest at 6% on $606,641.03, which was received from the United States; (5) the annual tax of 262 cents on each $100 of value of all real and personal estate and corporate franchises directed to be assessed for taxation; (6) a certain portion of fines, forfeitures and licences realized by the state; and (7) a portion of the dog taxes of each county.
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  • The milreis, 1000 reis of the par value of 4s.
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  • Every stockholder in a bank is made individually liable to the amount of his stock at its par value in addition to the said stock.
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  • According to its par value 25-225 pesetas are about equal to Li, but the actual value of the peseta is about 74d.
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  • bearer shares can be issued with or without a par value.
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