Voting trust certificate. When the stock of a company is lodged in a voting trust so that the
voting power of the stock is confided to the trustees of the voting trust (commonly designated
voting trustees) certificates or receipts for it, called voting trust certificates, are issued in place of
and represent ownership of the stock. The certificates are dealt in and transferred the same as
the stock and when the voting trust terminates or is dissolved the certificates are exchanged for
the stock itself.  If dividends are declared on the stock while the voting trust is in force they are
paid to the holders of the voting trust certificates. The certificates, in brief, are in all respects the
equivalent of the stock, with the exception that they do not possess voting power.