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Voting Trust

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

A voting trust may be comprehensively defined as one created by an agreement between a group of the stockholders of a corporation and the trustee, or by a group of identical agreements between individual stockholders and a common trustee, whereby upon certain contingencies or under certain circumstances, it is provided that control over the stock reservation to the owners or persona deslg>nated by them of the power to direct how such control shall he used.

3 Fletcher Cyclopedia Corporations 2871.