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<head>Art.20.</head> | <head>Art.20.</head> | ||
<p><del>Assuming</del> These rules being premised, and acceded <lb/>to, the conversion may be <add>rendered</add> little less than instantaneous! It<lb/> may be rendered so even without any co-operation<lb/> in the part of <del>the</del> individual Stockholder: and by<lb/> a co-operation such as government will have the<lb/> means of obtaining in its power, the conversion may<lb/>... a still further degree of <del>security</del> <add>certainty</add> as well as<lb/> despatch. | |||
instantaneous | <lb/></p>The time fixed upon for the first payment to be made<lb/>of money for the redemption of the capital ... of Stock Annuities in this view is (suppose) the day when the interest (called dividend) is due: a quantity of money has been collected and received in a mass for that purpose: notice of the intention has been given or not, as shall have been thought fit. Take a single million for example. But the individuals who on these terms find themselves obliged to part with them. Their wish was to obtain them But there are no more Government Annuities in the ... of Stock Annuities to be had on any terms: at least on any terms on which they would be worth having. At the same time the market for Note Annuities on the same terms or on terms by to ... (setting aside a ... deficiency not worth regarding) is still open: and <add>in respect of which</add> this fractional deficiency is amply compensated for by superior facilities in regard to the mode of receiving the interest and the mode of obtaining money <add>or money's worth</add> upon occasion by the transfer: i.e., by the paying away the principal.<note>Reference onwards</note><add>Under</add> | ||
Click Here To Edit Art.20.
Assuming These rules being premised, and acceded
to, the conversion may be rendered little less than instantaneous! It
may be rendered so even without any co-operation
in the part of the individual Stockholder: and by
a co-operation such as government will have the
means of obtaining in its power, the conversion may
... a still further degree of security certainty as well as
despatch.
The time fixed upon for the first payment to be made
of money for the redemption of the capital ... of Stock Annuities in this view is (suppose) the day when the interest (called dividend) is due: a quantity of money has been collected and received in a mass for that purpose: notice of the intention has been given or not, as shall have been thought fit. Take a single million for example. But the individuals who on these terms find themselves obliged to part with them. Their wish was to obtain them But there are no more Government Annuities in the ... of Stock Annuities to be had on any terms: at least on any terms on which they would be worth having. At the same time the market for Note Annuities on the same terms or on terms by to ... (setting aside a ... deficiency not worth regarding) is still open: and in respect of which this fractional deficiency is amply compensated for by superior facilities in regard to the mode of receiving the interest and the mode of obtaining money or money's worth upon occasion by the transfer: i.e., by the paying away the principal.Reference onwardsUnder
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Identifier: | JB/002/472/001"JB/" can not be assigned to a declared number type with value 2. |
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002 |
annuity notes |
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472 |
art. 20 |
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001 |
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1 |
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jeremy bentham |
<…>m 1798 |
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frances wright |
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1798 |
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1211 |
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