Elective Share - Law Dictionary Search Results
Stock Exchange
for the conduct of the sale or purchase, on behalf of non-members, of Government securities and stocks or shares in public companies. See COMPANY. The members of the 'House' (as it is called) must be re-elected annually
Call
Call, 1, (1) The election of students to the degree of barrister-at-law, hence (2) the ceremony or epoch of election, and (3) the … instalment other than payments due at fixed dates by the terms of the prospectus or agreement to take shares, Croskey v. Bank of Wales, (1863) 4, 9 Giff 314, due upon shares. On the issue of shares
Directors
Directors, persons appointed or elected according to law, authorized to manage and direct the affairs of a corporation or company. The whole of … a prospectus which they honestly, though without reasonable ground, believed to be true, were not liable to a shareholder taking shares on the faith of such prospectus, reversed the law as to laid down. There are, however,
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Workmen's Compensation Act
bailment (other than a hire purchase agreement) in consideration of the payment of a fixed sum or a share in the earnings or otherwise.' And s. 35 includes masters, seamen and apprentices to the sea service and … and an employer is not liable both for damages and compensation; but the workman or his representatives may elect between the remedies, and in an unsuccessful action for damages the Court may assess or refer the question
Trust for sale
was to convert realty into personalty so that the proceeds devolved upon the beneficiaries as personalty unless they elected to take the property as realty (see CONVERSION), except that upon a lapse of the devise of realty … court; s. 31 relates to mortgaged property. For other provisions see also ss. 32 to 39, and UNDIVIDED SHARES. As to the over-reaching equitable interests upon sale by properly appointed trustees for sale, see ss. 2 (2)
company
whose members cannot be held liable for the acts, debts, or obligations of the company and that may elect to be taxed as a partnership mu·tu·al company : an insurance company whose capital is owned by its … by other companies or by government agencies joint-stock company : a business organization whose capital is represented by shares owned by stockholders each of whom is personally liable for the company's debts limited liability company : an
dilution
value (as of equity) by a decrease in relative worth ;specif : a decrease of the value per share of common stock caused by an increase in the total number of shares 2 : a lessening of … a weakening of the voting rights of a group of citizens (as a minority) because the representatives they elect have no greater legislative power than the representatives elected by smaller voting groups
corporation
Code that has 35 shareholders or less and only one class of stock and that may if eligible elect to be an S corporation and taxed accordingly subchapter S corporation : s corporation in this entry … and limited liability see also pierce compare association, partnership, sole proprietorship close corporation [klōs-] : a corporation whose shares are held by a small number of individuals (as management) and not publicly traded ;specif : small business
Ballot
Law, p. 113. Means drawing of lots used in Parliament to determine the precedence among members desiring a share of Parliamentary time available for certain kinds of business, Parliamentary Dictionary, L.A. Abraham and S.C. Hawtrey, (1956), p. … v. Howard, (1886) 16 QBD 739, though entire absence renders the presiding officer liable to an action for election lost, Pickering v. James, (1873) LR 8 CP 489. The system thus introduced into Parliamentary and Municipal Elections
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