"Trust fund" Quotes from Famous Books
... company at their discretion. The other two million are again divided into equal portions, one portion representing the sum advanced by the company to the province and to be paid back as just specified, while the other million—one-tenth of the capitalization—is to be a trust fund the dividends of which are to go for the "benefit of the poor people of the province" and for an educational fund for the province. But before any dividends are paid upon the "B" shares, eight per cent dividends are to be paid upon ... — China, Japan and the U.S.A. - Present-Day Conditions in the Far East and Their Bearing - on the Washington Conference • John Dewey |