answersLogoWhite

0

According to information from the Missouri Secretary of State (charter authority) the charter was forfeited in 1986. Last Annual Report filed in 1985. According to Peoplefinders, Alfred A. Speer the registered agent of the company is deceased.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Finance

What happened to shares of standard prudential corporation?

what happened to shares of standard prdential corporation


Can A corporation can raise financial capital by selling shares of stock to interested investors?

Yes, a corporation can raise financial capital by selling shares of stock to interested investors. This process allows the company to acquire funds for various purposes, such as expansion, research and development, or paying off debts. By offering shares, the corporation gives investors ownership stakes in the company, which can attract a wider range of funding sources. Additionally, selling stock can enhance the company's public profile and credibility in the market.


What does a corporation pay to its stockholders?

A corporation pays its stockholders primarily through dividends, which are cash payments or additional shares distributed based on the number of shares owned. Additionally, stockholders can benefit from capital gains, which occur when the value of the stock increases and they sell their shares at a profit. The decision to pay dividends and the amount is typically determined by the corporation's board of directors and is influenced by the company's profitability and financial strategy.


Who is responsible for a corporation debts but how much of it?

In a corporation, the shareholders are generally not personally responsible for the corporation's debts; their liability is typically limited to the amount they invested in shares. This means that if the corporation faces financial difficulties or bankruptcy, shareholders can lose their investment but are not liable for the corporation's debts beyond that. However, directors and officers may face personal liability if they engage in wrongful acts, such as fraud or negligence, that affect the company’s financial obligations.


What does it mean to dissolve a corporation?

It is both financial and legal in nature. A corporation is a legal entity that is "born" when a human being registers the company under a limited liability company and issues shares to the owner(s). A share does not need to have "cash value" but is essentially the company "DNA." Whether it be a public or private corporation, the corporation "dies" when the company dissolves shares at 100% and the shares are liquidated into cash for the owner(s). Bankruptcy is another form of dissolution but again is driven by how the shares are handled. Taxes of course will apply, but this is a very basic and over-simplified explanation for the process. If you research corporation and how shares work within the entity, then a more detailed response can be located on Wikipedia and your local state/provincial and federal government websites.

Related Questions

How do you give back shares in a corporation?

Selling the shares to someone else is one way to give the shares back to a corporation. Another way is to sell the shares back to the corporation.


What happened to shares of standard prudential corporation?

what happened to shares of standard prdential corporation


Who are the shareholderss of a corporation?

People that own shares of the corporation.


Can A corporation can raise financial capital by selling shares of stock to interested investors?

Yes, a corporation can raise financial capital by selling shares of stock to interested investors. This process allows the company to acquire funds for various purposes, such as expansion, research and development, or paying off debts. By offering shares, the corporation gives investors ownership stakes in the company, which can attract a wider range of funding sources. Additionally, selling stock can enhance the company's public profile and credibility in the market.


What does a corporation pay to its stockholders?

A corporation pays its stockholders primarily through dividends, which are cash payments or additional shares distributed based on the number of shares owned. Additionally, stockholders can benefit from capital gains, which occur when the value of the stock increases and they sell their shares at a profit. The decision to pay dividends and the amount is typically determined by the corporation's board of directors and is influenced by the company's profitability and financial strategy.


When corporation buys its own stock called?

When a corporation buys its own stock, it is referred to as "stock buyback" or "share repurchase." This process allows the company to reduce the number of shares outstanding, which can increase the value of remaining shares and improve financial ratios. Companies may engage in buybacks to return capital to shareholders or to signal confidence in their own financial health.


What is the maximum number of shares of stock that a corporation can issue over the life of the charter called?

authorized shares are the maximum number of shares of stock that a corporation can issue.


Who has the most control a corporation?

The people who own the most shares in the corporation


Who is responsible for a corporation debts but how much of it?

In a corporation, the shareholders are generally not personally responsible for the corporation's debts; their liability is typically limited to the amount they invested in shares. This means that if the corporation faces financial difficulties or bankruptcy, shareholders can lose their investment but are not liable for the corporation's debts beyond that. However, directors and officers may face personal liability if they engage in wrongful acts, such as fraud or negligence, that affect the company’s financial obligations.


What does it mean to dissolve a corporation?

It is both financial and legal in nature. A corporation is a legal entity that is "born" when a human being registers the company under a limited liability company and issues shares to the owner(s). A share does not need to have "cash value" but is essentially the company "DNA." Whether it be a public or private corporation, the corporation "dies" when the company dissolves shares at 100% and the shares are liquidated into cash for the owner(s). Bankruptcy is another form of dissolution but again is driven by how the shares are handled. Taxes of course will apply, but this is a very basic and over-simplified explanation for the process. If you research corporation and how shares work within the entity, then a more detailed response can be located on Wikipedia and your local state/provincial and federal government websites.


What is the represented ownership in a corporation?

In a corporation, ownership is represented by shares of stock, which signify a claim on the corporation's assets and earnings. Shareholders, the owners of these shares, have rights that typically include voting on corporate matters and receiving dividends. The percentage of ownership corresponds to the number of shares held relative to the total outstanding shares. Thus, owning more shares equates to greater ownership and influence within the corporation.


Where is the authorized stock of a corporation recorded?

The authorized stock of a corporation is recorded in its corporate charter or articles of incorporation, which are filed with the state government. This document outlines the total number of shares that the corporation is authorized to issue. Additionally, the details about authorized stock are often reflected in the corporation's financial statements and internal records.