Voting Trust

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.