Employee Stock Ownership in the United States

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Industrial Relations Section, Princeton University, 1926 - Employee ownership - 174 pages
 

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Page 31 - January, 1927, will exhibit the certificate to the treasurer of his company, together with a statement from a proper official that he has been continuously in the employ of the corporation or of one or another of its subsidiary companies since the date of his subscription for the stock and during the preceding year, and has shown a proper interest in its welfare and progress...
Page 31 - Treasurer of his company, together with a letter from a proper official, to the effect that he has been continuously in the employ of the Corporation or of one or another of its subsidiary companies during the preceding year, and has shown a proper interest in its welfare and progress, he will...
Page 7 - Corporation, the Kroger Grocery and Baking Company, the Great Atlantic and Pacific Tea Company, the International Cement Corporation, the Long-Bell Lumber Company, the Pullman Company, the Zellerbach Corporation, and the Western Union Telegraph Company.
Page 18 - The present standing and future prospects of an employee will not be affected in the least degree by his decision as to the purchase of stock.
Page 106 - If for an office representing less than a congressional district in area, or a county office, by at least three per cent. of the party vote in at least one-sixth of the election precincts of such district and in the aggregate not less than three per cent., nor more than ten per cent. of the total vote of his party in such district.
Page 119 - It was provided that all profits earned above amount needed to pay this dividend were to be reinvested in the business and the equivalent in stock, known as "managerial industrial partnership stock...
Page 73 - It hopes to develop a group of employees who are better satisfied with the company they work with and who, just because they are better satisfied, will be more efficient and dependable as workmen. The policy then takes its place with all those company policies which aim to satisfy needs or desires of the workers that would otherwise go unsatisfied or go poorly satisfied.
Page 96 - There is one important respect, however, in which the stock purchase movement may exert a modifying and corrective influence upon the asperities of the capitalistic system; it tends to diminish the dependence of the wage earner upon his current wages by providing a reserve of property and a secondary income * * *. If the offer of stock is used as a cloak to conceal wage exploitation, or if it is used as a weapon to break up a spontaneous movement of organization among the workers for...

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