Abstract
Restricted voting control comparatively recent, 353. — I. Non-voting industrial stocks. Preferred issues, 357. — Common stock, 360. — II. Contingent voting industrial stocks; their importance and characteristics, 362. — Non-voting contingent voting issues, 364. — Non-voting with exceptions — contingent voting, 364. Non-voting for directors — contingent voting, 366. — Full voting — contingent voting, 367. — III. Conditions which render operative the contingent voting rights. Dividend defaults, 367. — Other contingencies, 372. — IV. Extent of contingent voting control when operative. Exclusive voting, 374. — Extra voting, 375. — Full voting, 376. — Exclusive voting for directors, 377. — Contingent voting common shares, 378. — V. Railroad and public utility non-voting and contingent voting stocks: Utilities, 378; Railroads, 381. — VI. Arguments for and against non-voting stocks, 382. — Advisable to prohibit strictly non-voting issues, 385. — Ineffectiveness of full voting rights to prevent centralized voting control, 386. — VII. Conclusion. Advantages of strong contingent voting issues, 388.
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