Two Million-Dollar Lotto Wins In 2006 !

Under recent decisions the New York courts have made it possible for shareholders to inspect the stock ledger and transfer books of their corporations for the purpose of procuring a list of the stockholders. This right has, beyond question, been abused by various individuals who have made copies of lists of shareholders for the mere purpose of using Them as mailing lists for advertising purposes. These lists of shareholders of important corporations have even been advertised for sale. Nevertheless, in spite of this abuse, the right must be maintained and enforced; otherwise a shareholder of a large corporation, even though he might have important information that would affect the votes of his fellow shareholders, would have no economical and effective way of communicating with them. On the basis of what has just been said as to the rights of shareholders, it is evident that large discretionary powers must be left to the directors. No matter what improvements might be made in the relations of the shareholders to their corporation, they could not themselves undertake the direct management of its affairs. In very small or close corporations it is possible that the individual shareholder may have some personal influence which could be made of value to the corporation, but in large corporations the individual can accomplish little except through his vote or through membership on the board of directors. The Pennsylvania Railroad Company has over 93,000 shareholders, of whom 45,000, or nearly one-half, are women; the women shareholders own over 28%. Of the outstanding stock. The American Telephone and Telegraph Company has 62,000 shareholders and the United States Steel Corporation has 110,000....