388.190. Interest account with stockholders to be kept.
Interest account with stockholders to be kept.
388.190. Any railroad company may open and keep an interestaccount with their stockholders, from the dates of their paymentson their subscription, respectively; and, in order to place alltheir stockholders on an equal footing, may allow interest fromthe dates of such payments, payable in stock, for such time andunder such regulations as the board of directors may prescribe.
(RSMo 1939 § 5172)Prior revisions: 1929 § 4707; 1919 § 9897; 1909 § 3092