Show PAR VALUE OF STOCK STOCK Cuts Culf Little II In Il Actual Vain nt of S Securities Tho question qU lon of ot tho par value of ot stock stockIs Is II being discussed In quite a n number of mining and financial papers through throughout out ou the east 1111 west Buys IUS tho Review and In II a n number ot rites c cs thu tho has been heen Unit that the par p value attached to securities of oC kinds have but It I any un A company for Instance is Incorporated with a capitalization of ot a million shares Ih of a II par of 1 This looks well wel und ld sounds well but as us a n matter of ot fact the real roal value of ot tho shirrel ot at tho company may lie 11 50 GO cents or 5 tho par value having no relation whatever to HH 11 actual value This being the tho case Cile It 1 has hns been sug suggested that In tho incorporation of o a company I tho number ot of share only be Hinted leaving thu th matter Ito of ot to tn be by what the shares will actually In tho ho which vI II moat Instances ba be tho mock ull bo o actually worth wOth It IH II 01 th that stock with wih a apar 1 par 1 of ot U n siuro In Is Hold lold at a 10 rill that It U I coins a This IH II al I worth and perhaps more tho fact that Us par value Is 19 moro no val I UH value and 10 iK Ild tho further fact that capitalization In II at al a IL certain falls fals to additional merit to 1 tho Block ot or tho company co llY Unless tho of a I 1 company lt Its dividend payments lla will wll i a 1 of n lo 10 tho shareholder equal to the tho pur of hil tock Block Iho stock I II not worth wurth tho valuation tho Company hns hal placed upon Ulon It I Tho rho capitalization Dion thon U It In so 10 ninny or cents IB Unit in only on Imaginary In Is ot of no real only HO 80 far a aIt M MIt 10 It corporation th tho limitation of i 1 liability of at Wo 0 that the will wi come coma when whon Iho tho par flar valle of stock will wil be articles of Incorporation when wh n the aro UIO and that thu Ihu truo value of at wi will bo hu regulated by y market lukat |