The Effect of War on Stock Exchange Transactions: A Short Treatise on the Emergency Legislation, Together with the Statutes and Proclamations, and the ... Stock Exchange Committee (Classic Reprint) - Couverture souple

Schwabe, Walter Salis

 
9781333618964: The Effect of War on Stock Exchange Transactions: A Short Treatise on the Emergency Legislation, Together with the Statutes and Proclamations, and the ... Stock Exchange Committee (Classic Reprint)

Synopsis

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Présentation de l'éditeur

Since Great Britain became involved in war, many steps have been taken by the Government and by the Committee of theL ondon Stock Exchange to alleviate the very serious position in which many members of theS tock Exchange and other persons concerned in its dealings found themselves. A complete body of emergency legislation has been called into existence to regulate the course of commercial dealings in and after the month of A ugust, 1914, and in the following pages an attempt has been made to collect and to indicate the legal effect of so much of it as affects theS tock Exchange. It is unreasonable to expect in emergency legislation passed at a time of grave national crisis the completeness of a considered code, and it is impossible to write with absolute certainty upon matters which lack the guide of precedent or authority. It follows therefore that, although it has been found necessary for the purpose of clear statement to express opinions upon certain points, other views may eventually prevail; and it is hoped that the discussion of these emergency problems may be not without its use in helping to solve or to remove them. I am indebted to the courtesy of the Committee of theS tock Exchange and Mr. Satterthwaite, its secretary, for supplying me with and permitting me to publish the Rules and Notices appearing in the A ppendix. I am also indebted toD r. H. L. S. Richardson, LL.D., theO fficial A ssignee, and to his Deputy, Mr. H. H. MacC ulloch, for valuable information on the subject. I have been greatly assisted by Mr. Philip Guedalla in the preparation of this book for publication. Decemher, 1914. W. S. SCHWABB.
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