Click to view
CAPITAL FORMATION
(1) Shares in the company shall be issued without par value in the currency of the United States of America;
(2) The authorized capital of the company is $1,000,000.00 divided into 200,000 shares of which 100,000 shall be registered shares and 100,000 shall be shares issued to bearer.
(3) The shares shall be divided into such number of classes and series as the directors shall by resolution from time to time determine and until so divided shall comprise one class and series.
(4) The designations, powers preference, rights, qualification, limitation and restriction of each class and series of shares that the company is authorized to issue shall the be fixed by resolution of the directors, but the directors shall not allocate different rights as to voting, dividends, redemption or distribution on liquidation unless the Memorandum of Association shall have been amended to created separate classes of shares, and all the aforesaid rights as to voting, dividends, redemption and distribution shall be identical in each separate class.
CAPITAL FORMATION
(1) Shares in the company shall be issued without par value in the currency of the United States of America;
(2) The authorized capital of the company is $1,000,000.00 divided into 200,000 shares of which 100,000 shall be registered shares and 100,000 shall be shares issued to bearer.
(3) The shares shall be divided into such number of classes and series as the directors shall by resolution from time to time determine and until so divided shall comprise one class and series.
(4) The designations, powers preference, rights, qualification, limitation and restriction of each class and series of shares that the company is authorized to issue shall the be fixed by resolution of the directors, but the directors shall not allocate different rights as to voting, dividends, redemption or distribution on liquidation unless the Memorandum of Association shall have been amended to created separate classes of shares, and all the aforesaid rights as to voting, dividends, redemption and distribution shall be identical in each separate class.
(5) If at any time the authorized capital is divided into different class or series of shares. the rights attached to any class or series ( unless otherwise provided by the terms of issues of the shares of that class or series) may, whether or not the company is being wound up, be varied with the consent in writing of the holders of not less than three-fourths of the issue shares of that class or series and of the holders of not less than three-fourths of the issued shares of any other class or series of shares which may be affected by such variation.
(6) The rights conferred upon the holders of the shares of any class issued with preferred or other rights shall not, unless otherwise expressly provided by the terms of issue of the shares of that class, be deemed to be varied by the creation or issue of further shares ranking pari passu therewith.
Click to View
Page 1 Page 2
Click to view
Page 1 Page 2 Page 3
Click to view
Page1 Page 2 Page 3 Page 4
BANK CROZIER GRENADA LOANS and OVERDRAFTS
In US dollars and based on current bank statement and reports December 31 2002
| A | B | C | D | E | F | G | H | I |
| Client/Depositors | Outstanding Balances as per PWC at Sept 27 | Paid B/W Sept 28 and December 31 | Interest applied to Account balance | Amount on Account 12/31/02 | Collateral/Security in Place | Application of Declared Dividend | Application of Crozier Collateral Agreement | Outstanding |
| Evergreen Company | 1,004,078 | 140,571 | 1,144,649 | 1,144,649 | 94,078 | 0 | ||
| Brian Terry | 94,078 | 0 | 94,078 | 94,078 | 0 | |||
| BA Group | 60,216 | 60,216 | 60,216 | 0 | ||||
| P Johansson | 248,309 | 8,841 | 257,150 | 257,150 | 0 | |||
| City International | 84,870 | 6,873 | 91,743 | 216,223 | 0 | |||
| BA Investments | 473,916 | 14,418 | 448,334 | 488,334 | 0 | |||
| Capsouth Financial | 190,804 | 15,672 | 175,132 | 175,132 | 0 | |||
| City International | 198,541 | 17,682 | 216,223 | 216,223 | 0 | |||
| Crozier Holdings | 346,920 | 346,920 | 0 | 0 | ||||
| Olaf H. | 215,721 | 5,091 | 220,812 | 220,812 | 0 | |||
| Parman Enterprise | 324,500 | 12,653 | 337,153 | 337,163 | 0 | |||
| Private Portfolio | 977,319 | 977,319 | 0 | 0 | ||||
| Othello Holdings | 520,114 | 41,609 | 561,723 | 561,723 | 0 | |||
| Brian Terry | 81,092 | 3,301 | 84,393 | 84,393 | 0 | |||
| Miscellaneous | 18,499 | 18,499 | 0 | 0 | ||||
| P Johansson | 1,000,000 | 1,000,000 | 1,000,000 | 0 | ||||
| Crozier Financial Services | 250,000 | 250,000 | 250,000 | 0 | ||||
| Grenada Offshore Mgmt | 50,616 | 1,636 | 48,980 | 48,980 | 0 | |||
| Totals | 6,139,593 | 1,360,046 | 251,039 | 5,030,586 | 1,193,629 | 2,468,156 | 1,368,801 | 0 |
| 5,030,586 Crosscheck |
Click to view
Page 1 Page 2 Page 4
Page 5 Page 6 Page 7
