Interest account with stockholders to be kept.

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Effective - 28 Aug 1939

388.190. Interest account with stockholders to be kept. — Any railroad company may open and keep an interest account with their stockholders, from the dates of their payments on their subscription, respectively; and, in order to place all their stockholders on an equal footing, may allow interest from the dates of such payments, payable in stock, for such time and under such regulations as the board of directors may prescribe.

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(RSMo 1939 § 5172)

Prior revisions: 1929 § 4707; 1919 § 9897; 1909 § 3092


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