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    Notice of Delinquency and Sale of Stock

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    rafastil
    This document is a notice of delinquency and sale from a corporation to shareholders who have not paid their stock subscriptions. It lists the names of shareholders who owe unpaid subscriptions and accrued interest as of a specified date. It states that in accordance with law, the corporation will sell as many shares as necessary from the listed delinquent shareholders at a public auction on a specified date and time to pay off the unpaid subscriptions, accrued interest, advertising costs, and sale expenses.

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    Notice of Delinquency and Sale of Stock

    Uploaded by

    rafastil
    393 views1 page
    This document is a notice of delinquency and sale from a corporation to shareholders who have not paid their stock subscriptions. It lists the names of shareholders who owe unpaid subscriptions and accrued interest as of a specified date. It states that in accordance with law, the corporation will sell as many shares as necessary from the listed delinquent shareholders at a public auction on a specified date and time to pay off the unpaid subscriptions, accrued interest, advertising costs, and sale expenses.

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    Notice of Delinquency and Sale of Stock.docx

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    This document is a notice of delinquency and sale from a corporation to shareholders who have not paid their stock subscriptions. It lists the names of shareholders who owe unpaid subscriptions and accrued interest as of a specified date. It states that in accordance with law, the corporation will sell as many shares as necessary from the listed delinquent shareholders at a public auction on a specified date and time to pay off the unpaid subscriptions, accrued interest, advertising costs, and sale expenses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    393 views1 page

    Notice of Delinquency and Sale of Stock

    Uploaded by

    rafastil
    This document is a notice of delinquency and sale from a corporation to shareholders who have not paid their stock subscriptions. It lists the names of shareholders who owe unpaid subscriptions and accrued interest as of a specified date. It states that in accordance with law, the corporation will sell as many shares as necessary from the listed delinquent shareholders at a public auction on a specified date and time to pay off the unpaid subscriptions, accrued interest, advertising costs, and sale expenses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    CORPORATION NAME

    NOTICE OF DELINQUENCY AND SALE

    Date ________________________

    The following described stock is delinquent for non-payment of the


    unpaid subscription thereon, with interest accrued, due and payable on
    ___________, the ______ of _________, 20___, in the amounts set opposite
    the names of the respective subscribers, as follows:

    NAME NO. OF SHARES AMOUNT DUE ON UNPAID ACCRUED INTEREST


    SUBSCRIBED SUBSCRIPTION

    _____________ _____________ _________________ _____________

    _____________ _____________ _________________ _____________

    _____________ _____________ _________________ _____________

    _____________ _____________ _________________ _____________


    _____________ _____________ _________________ _____________

    _____________ _____________ _________________ _____________

    NOW THEREFORE, in accordance with law, so many shares of said


    stock belonging to the several owners as may be necessary will be sold at public
    auction at the principal office of the corporation ________________________
    __________________, in the City of _________________, PHILIPPINES, on
    __________________, at the hour of __________________, ______________,
    the ___ of __________, 20___, to pay the amount of the unpaid subscription
    thereon, together with accrued interest, cost of advertising, and expenses of sale.

    ______________________
    Secretary

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