The fresh terms “stockholder” and you may “shareholders” regarding the From the-Guidelines met with the exact same meaning as such terminology got beneath the relevant California rules. , 145 F. Supp. 146 (S.D.California.1956).
Blog post IV, point dos (election off most panel from the stockholders) and you may Post IX, part 2 (repairing away from dividends of the panel out of directors) regarding Of the-Rules out of Home Offers and Financing Association
House assumed Pasadena liabilities about level of $73,618, and you will paid down $8,031, with the make sure inventory.