Evening Republican, Volume 15, Number 138, Rensselaer, Jasper County, 12 June 1911 — There Is No Such Thing as Nou-Assessable Railroad Stock. [ARTICLE]

There Is No Such Thing as Nou-Assessable Railroad Stock.

. Under the laws of the state of Indiana there is no such thing as fully paid and non-assessable railroad stock. One who buys railroad stock when it' is first issued is liable for the full par value of it even when he pays only a part of the face value of It If a man buys a SSO share of stock for $26, he remains liable for the other $25, and if the corporation fails and a receiver is appointed the court would direct the receiver to collect the balance of $25 per share. Furthermore, stockholders are certain debts, particularly the claims of labor, in addition to the full par value of their stock. These opinions were rendered The Republican by a competent corporation attorney and deserve consideration when anyone tries to sell ypu stock at a discount of the par value, with the claim that it is fully paid and non-assessable.

Miss Grace Dexter Bryan, youngest daughter of Mr. and Mrs. William J. Bryan, and Richard Lewis Hargreaves, a young business man of Lincoln, were married last night at 9 o'clock at Fairview, the Bryan suburban home, before a company of nearly a hundred relatives and friends of the two families.