When a stock is at a high price, a common practice is to split the shares by offering two shares for one and thus reducing the price of each share by 50%, making it potentially more marketable and salable at a lower price. … [Read more...]
STIPULATED DAMAGE
Liquidated damage agreed to in a contract. … [Read more...]
STOCKHOLDER
A person who owns shares of stock in a corporation or Joint-stock company. See Mills v. Stewart, 41 N. Y. 386; Ross v. Knapp, etc., Co., 77 111. App. 424; Corwith Culver, 69 111. 502; Hirsh-feld v. Bopp, 145 N. Y. 84, 39 N. E. 817; State Hood, 15 Rich. Law (S. C.) 180. The owners of shares in a corporation which has a capital stock are called "stockholders." If a corporation … [Read more...]
STEWARD OF ALL ENGLAND
Seneschallus totius Angliae. An officer among the English who was invested with various powers, and, among others, it was his duty to preside on the trial of peers. … [Read more...]
STEWARTRY
In Scotch law, is said to be equivalent to the English "county" See Brown. … [Read more...]