Any railroad company may open and keep an interest account with their stockholders, from the dates of their payments on their subscription, respectively; and, in order to place all their stockholders on an equal footing, may allow interest from the dates of such payments, payable in stock, for such time and under such regulations as the board of directors may prescribe.
Mo. Rev. Stat. § 388.190
Interest account with stockholders to be kept
Effective: 28 Aug 1939; (RSMo 1939 § 5172); Prior revisions: 1929 § 4707; 1919 § 9897; 1909 § 3092
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.