conversion of shares into stock

22:00 Dec 6, 2011 

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18:50 Dec 5, 2011 

Dar pora sakinių:
The holders of stock shall, according to the amount of stock held by them, have the same rights, privileges and advantages in relation to dividends, voting at meetings of the company and other matters as if they held the shares from which the stock arose, but no such right, privilege or advantage (except participation in the dividends and profits of the company and in the assets on winding up) shall be conferred by an amount of stock which would not, if existing in shares, have conferred that right, privilege or advantage.
Such of the regulations of the company as are applicable to paid up shares shall apply to stock, and the words „share“ and „shareholder“ therein shall include „stock“ and „stockholder“.