AMERICAN STEEL TRUST.
FINANCIAL OPERATIONS. PBB PRESS ASSOCIATION. London*, June 17. The Chancery Cours of New Jersey forbids the retirßin»ut of £40,000,000 of S tel T'dsS preferred stock by the issuiof £50,000,000 of bonds «s impaiiing thoFe not; desiring to exchange. |lt upholds the preferred shareholders' rights as vested p/i r to >-ke specinl -.t.tute which was rushed through the New Jersey Legislature i>. 1902, h"ld'.l'lfj that the directors are unable to al er without cot.s-nt. An appeal agaiobt the dici.-ion h.-.g been -ntered.
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Taranaki Daily News, Volume XXIV, Issue XXIV, 19 June 1902, Page 3
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84AMERICAN STEEL TRUST. Taranaki Daily News, Volume XXIV, Issue XXIV, 19 June 1902, Page 3
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