Voting Trust Certificate - Law Dictionary Search Results
Home Dictionary Name: voting trust certificatevoting trust certificate
voting trust certificate : a certificate issued as evidence of the holder's beneficial interest in a voting trust ...
voting trust
voting trust see trust ...
Land trust certificate
Land trust certificate, means an instrument granting the holder a share of the benefits of property ownership while the trustee retains legal title, Black's Law Dictionary, 7th Edn., p. 884....
trust
trust 1 a : a fiduciary relationship in which one party holds legal title to another's property for the benefit of a party who holds equitable title to the property b : an entity resulting from the establishment of such a relationship see also beneficiary, cestui que trust, corpus declaration of trust at declaration, principal, settlor NOTE: Trusts developed out of the old English use. The traditional requirements of a trust are a named beneficiary and trustee (who may be the settlor), an identified res, or property, to be transferred to the trustee and constitute the principal of the trust, and delivery of the res to the trustee with the intent to create a trust. Not all relationships labeled as trusts have all of these characteristics, however. Trusts are often created for their advantageous tax treatment. accumulation trust : a trust in which principal and income are allowed to accumulate rather than being paid out NOTE: Accumulation trusts are disfavored and often restricted...
voting rights
voting rights 1 : rights of participation in esp. public elections see also Voting Rights Act in the Important Laws section 2 : the rights of shareholders or directors to vote on corporate matters compare voting stock at stock voting trust at trust ...
Stock certificates
Stock certificates. By the National Debt Act, 1870, it is provided that a holder of British Government Stock may obtain a stock certificate; that is to say, a certificate of title to his stock or any part thereof, with coupons annexed, entitle in the bearer of the coupons to the dividends on the stock (s. 26); that a certificate shall not be issued in respect of any sum of stock not being 50l., or a multiple of 50l., or exceeding 1000l. (s. 28); that a trustee of stock shall not apply for or hold a stock certificate, unless authorized to do so by the terms of his trust (s. 29); that no notice of any trust in respect of any certificate or coupon shall be receivable (s. 30); that where a stock certificate is outstanding the stock represented thereby shall cease to be transferable in the Bank books (s. 31); that a tock certificate, unless a name is inscribed thereon, shall entitle the bearer to the stock therein described, and shall be transferable by delivery (s. 32). The Act also contai...
vote
vote [Latin votum vow, hope, wish] 1 a : a usually formal expression of opinion or will in response to a proposed decision ;esp : one given as an indication of approval or disapproval of a proposal, motion, or candidate for office b : the total number of such votes made known at a single time [got half the ] 2 : the collective opinion or preference of a body of persons expressed by voting 3 : the right to cast a vote ;specif : the right of suffrage 4 a : the act or process of voting [brought the question to a ] b : a method of voting vb vot·ed vot·ing vi 1 a : to cast or conduct a vote [ for acquittal] b : to exercise a political franchise [encourage people to ] vt 1 : to choose, endorse, decide the disposition of, defeat, or authorize by vote [ an appropriation] 2 : to cast votes on a corporate matter on the basis of [voted their shares against the proposed merger] ...
Casting vote
Casting vote, the vote given by the chairman or president of a deliberative assembly when the suffrages of the meeting are equal. The chairman, though not disqualified by law from voting, Nell v. Longbottom, 1894 (1) QB 767, is usually not entitled to vote in the first instance.The Speaker of the House of Commons (though he was no vote in the first instance) has a casting vote, and by the practice of the House gives it in favour of a motion or bill, so as to give opportunity for further consideration. So has the mayor or other chairman at a meeting of a town council (English) (Municipal Corporations Act, 1882 (45 & 46 Vict. c. 50), s. 22, and Sched. II., r. 11), and the Chairman of a (English) Country Council (Local) Government Act, 1888 (51 & 52 Vict. c. 41), s. 75), and the chairman of a parish meeting, or Parish Council (Local Government Act, 1894 (56 & 57 Vict. c. 73), Sched. I., Pt. 2, r. 8, and Pt. 3, r. 10). These Acts have been replaced, except in regard to London, by the Local...
Certificate
Certificate, a testimony given in writing to declare or verify the truth of anything. Certificates are frequently referred to or required by Statute. A certificate is the usual evidence of the title to shares in a company. See (English) Companies Act, 1929, ss. 67 and 68; for Certificate of Incorporation, see ss. 15 and 329, ibid.; and commencement of business, s. 94, ibid., and s. 82, ibid., as to registration of charges. Also ALIENS and Share Certificate; and see Land Certificate.A document in which a fact is formally attested, Black's Law Dictionary, 7th Edn.Trial by certificate, which has long been obsolete, took place in those cases in which the evidence of the person certifying was, by custom or otherwise, the only proper criterion of the point in dispute; see 3 Bl. Com. 333.As to when certificates and examined copies are admissible in evidence, consult Taylor on Evidence, and the (English) Documentary Evidence Act, 1845 (8 & 9 Vict. c. 113) (UK).As to the Master's Certificate in...
Faggot votes
Faggot votes. A faggot vote is where a man is formally possessed of a right to vote for a member of Parliament, without possessing the substance which the vote should represent; as if he is enabled to buy a property, and at the same moment mortgage it to its full value for the mere sake of the vote; such a vote is called a faggot vote. The (English) Reform Bill of 1832 contained provisions which were directed against faggot voters. The Representation of the People Act, 1884, carried such provisions still further. Since the Representation of the People Act, 1918, the subject of faggot votes has become a matter of historical interest only....
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial