《THE FINANCING OF BUSINESS ENTERPRISES》

Ⅰ.ORGANIZATION AND CLASSIFICATION OF BUSINESS ENTERPRISES1

Ⅱ.THE PROPRIETORSHIP18

Ⅲ.PARTNERSHIPS24

Ⅳ.JOINT STOCK ASSOCIATIONS36

Ⅴ.MASSACHUSETTS TRUSTS41

Ⅵ.THE CORPORATION49

Ⅶ.THE HOLDING COMPANY68

Ⅷ.THE.PROMOTER AND BUSINESS ORGANIZATION77

Ⅸ.CHOOSING THE STATE IN WHICH TO INCORPORATE92

Ⅹ.SECURING THE CHARTER AND GETTING STARTED110

Ⅺ.THE INTERNAL MANAGEMENT OF BUSINESS CORPORATIONS127

Ⅻ.CAPITALIZATION AND THE FINANCIAL STRUCTURE149

ⅩⅢ.CAPITAL STOCK165

ⅩⅣ.CORPORATE BORROWING189

ⅩⅤ.MORTGAGE BONDS199

ⅩⅥ.COLLATERAL TRUST BONDS221

ⅩⅦ.EQUIPMENT OBLIGATIONS233

ⅩⅧ.DEBENTURES, INCOME BONDS, AND RECEIVERS’CERTIFICATES248

ⅩⅨ.ASSUMED, GUARANTEED, JOINT, PARTICIPATING,AND CONVERTIBLE BONDS261

ⅩⅩ.EXTINGUISHING CORPORATE BOND ISSUES270

ⅩⅪ.UNDERWRITING AND UNDERWRITING SYNDICATES287

ⅩⅩ.THE MARKETING OF SECURITIES305

ⅩⅩⅢ.THE MARKETING OF SECURITIES （Concluded）327

ⅩⅩⅣ.FINANCING ESTABLISHED CORPORATIONS IN PART THROUGH CUSTOMERS AND EMPLOYEES340

ⅩⅩⅤ.RAISING CAPTTAL FROM OLD STOCKHOLDERS BY THE PRIVILEGED SUBSCRIPTION354

ⅩⅩⅥ.PROTECTING THE PUBLIC FROM HIGHLY SPECULA-TIVE AND FRAUDULENT SECURITIES368

ⅩⅩⅦ.THE MACHINERY FOR BUYING AND SELLING SECURITIES392

ⅩⅩⅧ.SHORT-TERM BORROWING419

ⅩⅩⅨ.SHORT-TERM BORROWING （Concluded）440

ⅩⅩⅩ.NET INCOME AND ITS DETERMINATION455

ⅩⅩⅪ.THE ADMINISTRATION OF NET INCOME470

ⅩⅩⅫ.BUSINESS EXPANSION AND CONSOLIDATION491

ⅩⅩⅩⅢ.BUSINESS FAILURE, LIQUIDATION, AND REOR-GANIZATION517

ⅩⅩⅩⅣ.GOVERNMENTAL REGULATION AND CONTROL OPBUSINESS536

ⅩⅩⅩⅤ.AME RICA BECOMING ADJUSTED TO “BIG BUSI-NESS”553

QUESTIONS AND PROBLEMS568

BIBLIOGRAPHY595

INDEX609