Kildfare Shares
Posted: Sun May 23, 2010 7:13 pm
Kildfare, the Kildarian Transportation Company (encompassing Kildarian Railways and Kildare Ferry Lines) is pleased to announced the floating of 100 shares, at a starting price of 10 erb each. The Seanad has retained a 40% share but the remaining 60% are available for others to purchase.
Powers: Kildarian Shareholders have the power to call a Board Meeting. At that meeting, they may discuss the future of the company and vote on proposals; each shareholder has as many votes as shares they hold. Shareholders have the power to make decisions on the following:
the placement of new lines;
the types of vehicles used; and
the fares charged.
The Seanad retains control over other decisions, including the appointment of the job of Head Railmaster, a position which does come with a hat.
Restrictions: No more than 49% of the company can be owned by non-Shirithians - if this occurs, each non-Shirithian shareholder will have their voting power proportionally reduced until Shirithian shareholders number at least 51% of the vote.
Powers: Kildarian Shareholders have the power to call a Board Meeting. At that meeting, they may discuss the future of the company and vote on proposals; each shareholder has as many votes as shares they hold. Shareholders have the power to make decisions on the following:
the placement of new lines;
the types of vehicles used; and
the fares charged.
The Seanad retains control over other decisions, including the appointment of the job of Head Railmaster, a position which does come with a hat.
Restrictions: No more than 49% of the company can be owned by non-Shirithians - if this occurs, each non-Shirithian shareholder will have their voting power proportionally reduced until Shirithian shareholders number at least 51% of the vote.
