In well-ordered States they are commonly those who are the weakest in bodily strength, and therefore of little use for any other purpose; their duty is to be in the market, and to give money in exchange for
goods to those who desire to sell and to take money from those who desire to buy.
When the first infant exchange for
telephone service was born in Boston, in 1877, it was the tiny offspring of a burglar-alarm business operated by E.
Simpson speedily bartered with a man "over Wareham way," and got in exchange for
it an old horse which his owner did not need, as he was leaving town to visit his daughter for a year, Simpson fattened the aged animal, keeping him for several weeks (at early morning or after nightfall) in one neighbor's pasture after another, and then exchanged him with a Milltown man for a top buggy.
Having a partnership liquidate its properties to partners as tenants-in-common is probably the most frequently used technique when some partners want to exchange for
property and others want to cash out.
How will larger owners of the exchange assure other participants that they will not use the exchange for
their own benefit?
Similarly, if a domestic corporation acquires assets of another domestic corporation in a reorganization under section 368(a)(1)(C) in exchange for
stock in its foreign parent, the exchanging shareholders of the transferor corporation are considered to have made an outbound stock transfer.
A transfer of property in exchange for
services (including production services), however, can never qualify.
Nimble will operate as a subsidiary of Pure Vanilla Exchange for
the near future, Nimble provides alternative payment solutions and transactions for government agencies and high frequency, multi-unit retailers.
The buyer would improve the Lawrence property and convey it to the taxpayer in exchange for
the McDonald property.
That same day, the Magnesons contributed their undivided interest to a new limited partnership in exchange for
a general partnership interest.
Pursuant to the terms of the Exchange Agreements, LSB will issue an aggregate of 720,967 shares of its common stock in exchange for
an aggregate of 97,428 shares of Series 2 Preferred and the holders have agreed to waive their rights to all accrued and unpaid dividends on the Series 2 Preferred being exchanged.
98-10 involves the determination of whether the surrender of target debentures in exchange for
acquiring debentures is subject to nonrecognition treatment if the acquiring and target corporations are both parties to the same reorganization under Sec.
1031 exchange will not have occurred if the replacement property is built in exchange for
cash and like-kind property.
The Endpoint Exchange Network manages check image exchange for
over 4,000 routing and transit endpoints across the country.
NYSE:CNB) announced yesterday the pricing terms of the new series of Subordinated Notes (the "New Notes") which are to be issued in exchange for
its outstanding 9-3/8% Subordinated Notes due 2011 and 8% Subordinated Notes due 2009.