Ordinary general meeting. English term for a meeting of the shareholders (stockholders) of a
company at which the directors propose a dividend, which cannot be paid without the approval of
the shareholders; also at this meeting the directors present for adoption their report and accounts,
which must have been issued to shareholders beforehand; also at this meeting the places of
directors, who retire by rotation are filled, and the auditors, who retire as a matter of course, are
reelected or replaced.
company at which the directors propose a dividend, which cannot be paid without the approval of
the shareholders; also at this meeting the directors present for adoption their report and accounts,
which must have been issued to shareholders beforehand; also at this meeting the places of
directors, who retire by rotation are filled, and the auditors, who retire as a matter of course, are
reelected or replaced.
 | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  | |  |
| Copyright 2000 - 2010 by Dictionary of Accounting All Rights Reserved Accounting Resources Hunting Knives, Military Acronyms Training Gun Dog |