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When stock certificates’ are to generally be transferred from just one proprietor to a different, the old certificates look these up are sent into the transfer cent, who cancels them, would make the necessary entries inside the stockholders subsidiary ledger, and prepares a new certificate for The brand new proprietor of your shares.
This ledger incorporates an account for visit here each unique stockholder. Entries during the stockholders subsidiary ledger are created in winter of shares, as opposed to in dollars.
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