Frontmatter -- Preface -- Contents -- Chapter I. Introduction: The Problem and the Law of Stock Watering -- Chapter II. Items That May Not Be Capitalized -- Chapter III. The "Good Faith" Rule Versus the "True Value" Rule in Stock-Watering Cases -- Chapter IV. The Standard of Valuation as Defined by Statutes and Courts -- Chapter V. Cost of the Property as Evidence of Its Value -- Chapter VI. Capitalized Earning Power as Evidence of the Value of Property -- Chapter VII. Special Aspects of the Earning Power Basis of Capitalization -- Chapter VIII. Evidence of Overvaluation Based On Implied Admissions by Promoters and other Interested Parties -- Chapter IX. Conclusion -- Table of Cases -- Index
Summary
Looks at the way property is valued to determine corporate stock value to see if it is often issued inadequately, also defined as stock watering
Notes
Title from content provider
"Watered stock. Stock which is issued by a corporation as fully paid-up stock when in fact the whole amount of the par value thereof has not been paid in"--Black's law dictionary. Revised fourth edition, 1968, page 1763
