Petrolympic Announces Grant of Stock Options and Appointment of Secretary and New Chief Financial Officer Jun 27, 2008
Prior to the completion of the previously announced transaction with Ressource & Energie Squatex inc. ("Squatex") (originally announced by press release dated May 15, 2008), pursuant to which Petrolympic will acquire a 30% legal and beneficial interest in 36 exploration permits totaling 672,438 hectares in the St. Lawrence Lowlands, Bas St-Laurent and Gaspe Peninsula in Quebec, Petrolympic holds more than 113,906 hectares (281,468 acres) of oil and gas exploration permits in the Appalachian... (CCNMatthews Press Releases)
The 3 Investing Rules of a Billionaire Family Jun 27, 2008
Alex Dumortier, CFA, has no beneficial interest in any of the companies mentioned in this article. FedEx and Apple are Motley Fool Stock Advisor recommendations. (MSNBC -- Business)
Petrolympic Completes Non-Brokered Private Placement Jun 26, 2008
Each Warrant entitles the holder to purchase one common share ("a "Warrant Share") at a price of $1.40 per Warrant Share for a period of 18 months.ADVERTISEMENT The securities sold under the Private Placement are subject to restrictions on resale for a period of 4 months from the date of closing.Proceeds of the Private Placement will be used to complete the acquisition (originally announced by press release dated May 15, 2008) from Ressource & Energie Squatex inc. of a 30% legal and beneficial... (CCNMatthews Press Releases)
Beneficial interest exceptions Jun 21, 2008
Previously producers were provided with a beneficial interest exception for 2008 crop wool, mohair, and unshorn pelt who lost beneficial interest in the 2008 crop before June 5. The beneficial interest exception will expire July 11, 2008. (Princeton Bureau County Republican, IL)
SEBI notifies Public Offer and Listing of Securitised Debt Jun 20, 2008
The securitized debt instruments issued to public or listed on recognized stock exchange shall acknowledge the beneficial interest of the investors in underlying debt or receivables assigned to the issuer ... The securitized debt instruments issued to public or listed on recognized stock exchange shall acknowledge the beneficial interest of the investors in underlying debt or receivables assigned to the issuer. (India Infoline.com)
Solana Resources Limited ("Solana" or the "Company") - Palmitas-2 Exploration Well Test Results Jun 19, 2008
Lewis Energy Colombia holds a 30% beneficial interest in both blocks. The blocks are subject to fiscally attractive Agencia Nacional de Hidrocarburos contracts. (Canada Newswire)
Holding Property in an LLC Just Got Tougher Jun 19, 2008
(3) Use a Trust SandwichTM. The Trust Sandwich puts a Single-Purpose Trust in place to hold the asset, the LLC owns the beneficial interest and there is then a Main Trust to provide estate planning as well. It's the best of all worlds. (RealtyTimes)
InnSuites' Fully Diluted Earnings Per Share Up 75% Jun 18, 2008
The Trust reported net income attributable to Shares of Beneficial Interest of $1. 5 million, or $0. (PR Newswire)
WSR Gold Inc. Announces an Option From Golden Valley Mines Ltd. to Acquire a Combined 35% Interest in the Golden Valley Property Located in the Lowland Region of James Bay, Ontario Jun 7, 2008
TORONTO, ONTARIO--(Marketwire - June 6, 2008) - WSR Gold Inc. (TSX VENTURE: - ; "WSR") is pleased to announce the grant of an option from Golden Valley Mines Ltd. ("Golden Valley") to WSR and Noront Resources Ltd. ("Noront") to acquire an aggregate 70% legal and beneficial interest (the "Option") in the Golden Valley property located in the lowland region of James Bay, Ontario (the "Property"). ADVERTISEMENT. (CCNMatthews Press Releases)
Vance has the ‘vision thing' May 23, 2008
As a county supervisor, Tracy saw that as a county our economic development could be significantly increased, not only by pooling our resources, but by getting many more people to work together for economic development in a mutually beneficial interest. And he got it done. (Fort Madison Daily Democrat, IO)
AgFeed's Latest Stumble May 23, 2008
" He was also censured by Oklahoma securities regulators who said he hadn't told clients that he had consulting agreements with companies whose stocks he was selling. Wey's spokesman told Marketwatch that it was "more cost-effective" for him to accept censure since he didn't plan to return to Oklahoma. People close to Wey and New York Global Capital controlled big chunks of AgFeed stock as of mid-January. One of them was his sister Wei Tianyi, also known as Sarah Wei, who works for New York... (SmartMoney)
Congress Passes Veto-Proof Farm Bill May 23, 2008
Agri-View: Your Premier Agricultural News Source. Your premier agricultural newspaper to provide up-to-date Capitol news, compelling livestock topics, current dairy coverage, timely crop reports and management tools for today's operations. (Agri-View, WI)
Pemberton adds two shale gas targets to its oil play May 15, 2008
Pemberton holds 100% Working Interest with a 75% Beneficial Interest in these two wells. A copy of the well log related to the shale gas findings will be available on the company's corporate web site. (PR Newswire)
Winthrop Realty Trust Rights Offering Oversubscribed May 13, 2008
BOSTON, May 12 /PRNewswire-FirstCall/ -- Winthrop Realty Trust (NYSE: FUR), announced today the preliminary results of its rights offering to existing shareholders for the sale of up to 8,845,036 of its common shares of beneficial interest. Subscriptions, including rights exercised through notice of guaranteed delivery, were received for at least 10,163,353 shares including 5,982,889 pursuant to oversubscription rights. (PR Newswire)
Kenya: End Of Era Nears For Stockbroking Barons May 5, 2008
The new rules interpret substantial ownership as "having a direct or indirect beneficial interest of more than 25 per cent of the issued share capital of a licensed institution.". Almost all the 25 licensed stockbrokers and investment banks are family owned businesses, with the exception of a few that have over the years hired professional management teams or those that have been bought out by bigger institutions. (allAfrica.com)
Market cool as Bravura OKs Ironbridge May 5, 2008
Bravura said administrators might also seek court direction on the beneficial interest in Bravura shares that Mr Dunstan and Mr Woodfull have understood to be retained. Ironbridge's proposal is also conditional on confirmation of Bravura's adjusted earning before interest, tax, depreciation and amortisation for fiscal 2008 of at least $23. (The Australian)
Prime target Apr 20, 2008
"And what did make sense gave away the beneficial interest in the shares to the stockbroker. They would have been driven to advise their client not to sign it.". But Opes, it now appears, would say almost anything to get the business. (Sydney Morning Herald -- Business)
Russian oligarchs in court battle Apr 19, 2008
Mr Abramovitch's lawyer, Andrew Popplewell QC, told Judge David Mackie Mr Berezovsky would argue there was an oral agreement that his client was holding in trust Sibneft shares in which Mr Berezovsky had a beneficial interest. All these claims are for the most part pleaded in the most vague and unparticularised way. (BBC News -- UK)
Genie out of the bottle Apr 9, 2008
As the loan is being repaid, the asset must be held in trust with a security trustee and the super fund has a beneficial interest in any income, interest or capital gains from the asset. When the loan is paid out, ownership can be transferred to the super fund. (Sydney Morning Herald -- Business)
Harry Winston Diamond Corporation Announces Fourth Quarter and Fiscal 2008 Results Apr 8, 2008
The recoverability of the amounts shown for the Diavik Mine capital assets is dependent upon the continued existence of economically recoverable reserves, upon maintaining title and beneficial interest in the property, and upon future profitable production or proceeds from disposition of the diamond properties. The amounts representing Diavik Mine capital assets do not necessarily represent present or future values. (PR Newswire)
StorageVault Announces Further Information With Respect To the Qualifying Transaction Apr 4, 2008
No insiders of StorageVault have any beneficial interest in or control over T.C. Mini-Storage and the Proposed Transaction is therefore an arm's length transaction. ADVERTISEMENT. (CCNMatthews Press Releases)
Michael West: It just gets worse for Opes clients Apr 4, 2008
Welcome to The Sydney Morning Herald. Skip directly to: Search Box, , , Text Version. (Sydney Morning Herald -- Business)
Pemberton to complete six drill stem tests in one well bore Mar 25, 2008
The Company holds 100% Working Interest with a 75% beneficial interest from surface to basement in this well. Following analysis of the well logs, the Company's geological and engineering advisors have proposed six drill stem (DST) tests in four formations that are believed to contain hydrocarbons. (PR Newswire)
Solana Resources Limited ("Solana" or the "Company") - Operational Update Mar 24, 2008
Lewis Energy Colombia holds a 30% beneficial interest in this block ... Trayectoria Oil and Gas, Sucursal Colombia holds a 15% beneficial interest in 70% of the block and a 50% beneficial interest in the remainder. (Canada Newswire)
City Hall eyes tax exemption Mar 20, 2008
This structure must be owned by one or more individuals, either directly or through a beneficial interest; is designed or adapted for human residence; is used as a residence; and is occupied as the principal residency by the owner. If the City elects to enact a homestead exemption, the BCAD estimates 20,058 residence households would qualify. (Pearland Journal, TX)
Solana Resources Limited ("Solana" or the "Company") - Catguas Block - Catatumbo Basin Mar 5, 2008
Trayectoria Oil and Gas, Sucursal Colombia holds a 15% beneficial interest in 70% of the block and a 50% beneficial interest in the remainder. Forward Looking Statements Certain information regarding the Company, including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks associated with oil and gas exploration, production, marketing and transportation such as loss of market, volatility... (Canada Newswire)
GMH Communities Trust Announces 2007 Fourth Quarter and Year End Results Feb 29, 2008
Financial Tables Follow ******* See Supplemental Information Package for Additional Financial Information GMH COMMUNITIES TRUST CONSOLIDATED BALANCE SHEETS (in thousands, except par value and number of shares) December 31, December 31, 2007 2006 ASSETS Real estate investments: Student housing properties $1,419,894 $1,659,422 Accumulated depreciation (95,830) 66,855 1,324,064 1,592,567 Corporate assets: Corporate assets 10,142 9,427 Accumulated depreciation (1,582) 1,002 8,560 8,425 Cash and cash... (PR Newswire)
Liquor Stores Income Fund Reports Record Results Feb 29, 2008
00% Debentures")The 8.00% Debentures have a principal amount of $500,000. The 8.00% Debentures are convertible at the holder's option into fully paid and non-assessable Units at any time prior to the close of business on December 31, 2011 and the business day immediately prior to a date specified by the Fund for redemption of the 8.00% Debentures at a conversion price of $15.09.The 8.00% Debentures are not redeemable by the Fund prior to December 31, 2009. On or after December 31, 2009 and prior... (CCNMatthews Press Releases)
Resolve Business Outsourcing Income Fund Reports Strong Financial Results Feb 23, 2008
Each ordinary trust unit is transferable and represents an equal undivided beneficial interest in any distribution from the Fund. Except for the right to vote, each special voting unit does not confer any other rights. (CCNMatthews Press Releases)
Boston Pizza Royalties Income Fund and Boston Pizza International Inc. Announce Record 2007 Full Year and Fourth Quarter Sales Results and January Distribution to Unitholders Feb 11, 2008
Each Fund unit is transferable and represents an equal undivided beneficial interest in any distributions of the Fund and in the net assets of the Fund. All units have equal rights and privileges. (CCNMatthews Press Releases)
Lund Gold Ltd. Announces Option Agreement With Noront Resources Ltd. to Acquire 50% of 13 Claim Blocks in "Ring of Fire" Feb 5, 2008
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 4, 2008) - Lund Gold Ltd. (TSX VENTURE: - ; "Lund") and Noront Resources Ltd. (TSX VENTURE: - ; "Noront") are pleased to announce that they have entered into an option agreement pursuant to which Lund has been granted the option to acquire a 50% legal and beneficial interest in 13 claim blocks covering a total of 169 units in the 'Ring of Fire', McFauld's Lake, Ontario, near Noront's nickel copper discovery. ADVERTISEMENT. (CCNMatthews Press Releases)
Wool producers have Jan. 31 deadline Jan 24, 2008
-- Possess a beneficial interest in the wool or mohair ... -- Have a beneficial interest in the unshorn lambs. (Madison Daily Leader, SD)
Federal Realty Investment Trust Releases Tax Status of 2007 Distributions Jan 17, 2008
Jan. 17 /PRNewswire-FirstCall/ -- Federal Realty Investment Trust (NYSE: ) released today the Federal income tax treatment for 2007 distributions to holders of its Common Shares of Beneficial Interest (NYSE: ). (Logo: ) The characterization of distributions on our common shares traded under the ticker symbol FRT is as follows: Record Payable Distribution CUSIP Date Date Per Share 313747206 1/2/2007 1/16/2007 $0. (PR Newswire)
Galena to acquire the Norma Mining Group with six projects in Mexico & Peru Jan 16, 2008
Maria Project, Mexico Pursuant to an option agreement dated October 19, 2007, Norma Mines SA de CV has the option for a period of one year to acquire 100% of the legal and beneficial interest in the San Juan Nepomuceno project for a cash payment of US$3,000,000. This project is located north of Mexico City and comprises an area of approximately 550 hectares. (PR Newswire)
Seafield Announces Option Agreement With Noront to Explore 96 Claim Units in "Ring of Fire", Northern Ontario Jan 16, 2008
TORONTO, ONTARIO--(Marketwire - Jan. 15, 2008) - Seafield Resources Ltd. (TSX VENTURE: - ; "Seafield") and Noront Resources Ltd. (TSX VENTURE: - ; "Noront") are pleased to announce that they have entered into an option agreement pursuant to which Seafield has been granted the option to acquire a 50% legal and beneficial interest in 6 claim blocks, (covering a total of 96 claim units or approximately 3,840 acres). The property is located in the "Ring of Fire", McFauld's Lake area, Ontario, some... (CCNMatthews Press Releases)
InnSuites Hospitality Trust Declares Annual Dividend Jan 11, 2008
This dividend continues InnSuites' uninterrupted 38-year history of paying dividends each year on its Shares of Beneficial Interest. Your Suite Choice(R) -- Value Concept InnSuites Hospitality Trust is a mid-market studio and two-room suite hospitality company owning 5 moderate and full service hotels containing 843 hotel suites and managing and/or licensing 11 hotels with 1,642 suites located in Arizona, New Mexico, Texas and Southern California. (PR Newswire)
GMH Communities Trust Announces Tax Reporting Information for 2007 Distributions Jan 10, 2008
The characteristics of the Company's 2007 distributions are as follows: Common Shares of Beneficial Interest CUSIP - 36188G102 Gross Distribution Record Payment Per Share Date Date (Boxes 1a + 3) 12/29/06 2/1/07 $0. 165 3/29/07 4/13/07 $0. (PR Newswire)
G REIT, Inc. to Form Liquidating Trust Jan 8, 2008
Under the terms of the proposed Trust Agreement and the Plan of Liquidation, each stockholder of the Company on the Record Date (each, a "beneficiary") automatically will become the holder of one unit of beneficial interest in the Liquidating Trust for each share of the Company's common stock then held of record by such stockholder ... The rights of beneficiaries in their beneficial interests will not be represented by any form of certificate or other instrument ... Stockholders will not be... (PR Newswire)
GMH Communities Trust Announces Quarterly Dividend Dec 13, 2007
1650 per share on its common shares of beneficial interest, payable on January 15, 2008 to shareholders of record at the close of business on December 27, 2007. This latest declaration brings the Company's 2007 regular quarterly dividend payout to $0. (PR Newswire)
The Next Buyout Stock Dec 12, 2007
Alex Dumortier, CFA has a beneficial interest in Federated Investors. Federated Investors is arecommendation. (MSNBC -- Business)
Glimcher Realty Trust Board of Trustees Declares Fourth Quarter Dividends for 2007 Dec 8, 2007
5469 per Series F preferred share of beneficial interest for the fourth quarter of 2007 ... 5078 per Series G preferred share of beneficial interest for the fourth quarter of 2007. (PR Newswire)
Doing business will be simpler under new act Dec 4, 2007
The Companies Bill modernises our company law by introducing a number of new terms that are commonly used and understood by business people and professionals, such as beneficial interest, control, distribution, related persons and inter-related persons, to name a few. Most of these terms already appear in the JSE's listing requirements. (Business Report, South Africa)
Care needed as new doors open to funds Dec 1, 2007
" A technical bulletin published by MLC says fund trustees will not contravene the prohibition on borrowing, as long as: "The borrowing is used to acquire an asset held on trust, so that the superannuation fund trustee receives a beneficial interest and a right (but not an obligation) to acquire the legal ownership of the asset (or any replacement) through one or more payments. "The lender's recourse against the superannuation fund trustee in the event of default on the borrowing (and related... (Sydney Morning Herald)
Only new guidelines can help securitisation market grow Nov 29, 2007
SPV, in turn, issues a certificate/instrument which acknowledge the beneficial interest of investors in the debt or receivables assigned by the originator ... A PTC entitles investor to a proportionate beneficial interest ... The beneficial property and legal property are distinct in law; the issuance of PTCs does not imply transfer of property by SPV but certification of beneficial interest. (India Times)
Whiting Petroleum Corporation Announces Filing of Registration Statement for Whiting USA Trust I Nov 21, 2007
DENVER, Nov. 20 /PRNewswire-FirstCall/ -- Whiting Petroleum Corporation (NYSE: ) announced today that it and Whiting USA Trust I have filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of units of beneficial interest in Whiting USA Trust I. Whiting Petroleum Corporation has formed Whiting USA Trust I and plans to contribute a term net profits interest in certain of its oil and natural gas properties in exchange for trust... (PR Newswire)
Solana Resources Limited ("Solana" or the "Company") - Juanambu Field Production Commencement - Guayuyaco Block - Putumayo Basin - Colombia; Cocodrilo-1 Commencement of Drilling Catguas Block - Catatumbo Basin - Colombia Nov 20, 2007
Trayectoria Oil and Gas, Sucursal Colombia holds a 15% beneficial interest in the portion of the block containing the Cocodrilo-1 well. The Catguas Block is subject to a fiscally attractive Agencia Nacional de Hidrocarburos contract with no additional state participation. (Canada Newswire)
NAR Board of Directors Approves Credit Union Nov 20, 2007
All earnings will flow back to credit union members in the form of beneficial interest rates and dividends. To get the process started, the board asked NAR staff to file a credit union charter application with the National Credit Union Administration and provided $10 million in start-up capital. (Realtor Magazine Online)
Federal judge tells trust to show clear mortgage documentation in foreclosures Nov 17, 2007
The function of the trustee is largely an administrative one; the trust company has no ownership stake or beneficial interest in the underlying loans of a securitization, nor is it responsible for foreclosures or selling foreclosed property, Gallagher told The Associated Press in an e-mail. Foreclosure decisions are made by the servicing companies, according to contracts for the different securitization trusts, Gallagher said. (San Diego Union-Tribune -- Business)
Vault Energy Trust ("Vault" or the "Trust") Announces Its Consolidated Financial and Operating Results for the Three and Nine Months Ended September 30, 2007 Nov 14, 2007
On April 27, 2005, Chamaelo Energy Inc. ('Chamaelo") completed a bought deal private placement financing issuing 55,000 Series D subscription receipts at a price of $1,000 per Series D subscription receipt for aggregate gross proceeds of $55,000,000. Effective January 1, 2007, issue costs of $1,960,000 have been classified with the debt component and will be amortized over the life of the debentures. For the nine month ended September 30, 2007, amortization of $420,000 (2006 - $338,000) has been... (CCNMatthews Press Releases)
Winthrop Realty Trust Announces Results for the Quarter Ended September 30, 2007 and Invites You to Join Its Third Quarter Earnings Conference Call Nov 8, 2007
Financial results from the three and nine months ended September 30, 2007 and 2006 as follows: (in thousands, except per-share data) For the Three For the Nine Months Ended Months Ended September 30, September 30, (unaudited) (unaudited) 2007 2006 2007 2006 Revenues $12,355 $13,289 $41,268 $38,310 Income from continuing operations $4,479 $5,161 25,859 $18,709 Income from discontinued operations 891 25 988 81 Net income applicable to Common Shares of Beneficial Interest $5,370 $5,186 $26,847... (PR Newswire)
Canasia to acquire 128,151 additional acres contiguous to current holdings in Reed Lake, Manitoba Oct 30, 2007
The purchase price payable by the Company for a 50% legal and beneficial interest in and to the Minerals Rights is 800,000 common shares of the Company plus staking costs estimated at $13,000. The shares will be subject to resale restrictions under applicable securities laws and the rules and policies of the TSX Venture Exchange. (PR Newswire)
Pemberton signs letter of intent on a 160 acre lease extension Oct 29, 2007
Pemberton will retain a 75% beneficial interest over a term of 2 years. The Company will assume 100% of the drilling and completion costs of the well, inclusive of all operating, processing, transportation and production costs. (Canada Newswire)
Tax plan may violate constitution Oct 28, 2007
(C) individual who has a beneficial interest in the owner of the tangible real property. (b) The General Assembly may exempt any motor vehicles, mobile homes, airplanes, boats, trailers, or similar property, provided that an excise tax in lieu of the property tax is substituted therefore. (Indianapolis Star)
Liberty Property Trust Announces Third Quarter Results Oct 23, 2007
Funds from operations available to common shareholders also does not represent cash flows generated from operating, investing or financing activities as defined by GAAP. Liberty Property Trust Balance Sheet September 30, 2007 (In thousands, except share amounts) September 30, 2007 December 31, 2006 Assets (Unaudited) Real estate: Land and land improvements $751,765 $666,588 Building and improvements 4,114,484 3,735,583 Less: accumulated depreciation (834,385) (786,778) Operating real estate... (PR Newswire)
Solana Resources Limited ("Solana" or the "Company") - Preliminary Positive Test Results - Tres Curvas-1 - Catatumbo Basin - Colombia Oct 23, 2007
Trayectoria Oil and Gas, Sucursal Colombia holds a 15% beneficial interest in the portion of the block containing the Tres Curvas-1 well. Tres Curvas-1 reached a total measured depth of 3,550 feet (3,518 true vertical depth) on September 11, 2007 and a five zone cased hole testing program commenced on September 16, 2007. (Canada Newswire)
DVI Liquidating Trust Requests Taxpayer Identification Numbers Oct 20, 2007
The Trustee of the Trust has the responsibility to dispose of the Trust's assets and distribute the proceeds to Creditors holding Allowed General Unsecured Claims, in proportion to their pro rata beneficial interest in the Trust. In compliance with Internal Revenue Service Revenue Procedures and Treasury Regulations regarding liquidating trust tax reporting, as a Beneficiary of the Trust, the holders of Allowed General Unsecured Claims are required to provide the Trustee of the Trust with a... (PR Newswire)
Dreyfus High Yield Strategies Fund Declares Dividend Sep 29, 2007
0285 per share of beneficial interest, payable on October 29, 2007 to shareholders of record at the close of business on October 15, 2007 ... 0285 per share of beneficial interest. (PR Newswire)
Judges consider black hole trusts to be open to abuse Sep 23, 2007
Both men denied they had a beneficial interest in the trusts. However, in April 2002 Gardener and Mitchell asked the Cape high court to set aside two orders made by Judge Willem Louw. (Business Report, South Africa)
Wisconsin State Fair Park Board Adopts Resolution to Address Ethical Behavior, Conflicts of Interest Sep 21, 2007
5) Employees shall not participate in any business transacted between the Wisconsin State Fair Park and private concerns in which the employee or his or her spouse, children, parents, siblings and other persons permanently residing in the employee's household have a financial or beneficial interest ... 9) That one of the rules submitted for approval be a requirement that any ownership or beneficial interest by a State Fair Park employee in any entry in a competitive event be disclosed in entry... (Agri-View, WI)
Britain's Cheapest Mortgages Sep 6, 2007
Disclosure: Cliff owns shares in HBOS and has a beneficial interest in RBS.. Other Money Stories. (Sky News)
Vivo to Reinforce its Leadership With the Acquisition of Telemig Participacoes and Tele Norte Participacoes Aug 3, 2007
Assuming full acceptance in all offers, Vivo will have acquired a beneficial interest of 58. 2% in Telemig Celular and 54. (PR Newswire)
Taubman Centers Announces Strong Second Quarter Results Jul 25, 2007
05 Beneficial interest in EBITDA - consolidated businesses (4) 74,247 71,926 146,010 144,629 Beneficial interest in EBITDA - unconsolidated joint ventures (4) 23,536 21,389 45,420 43,757 Funds from Operations (4) 55,954 45,410 109,873 94,530 Funds from Operations allocable to TCO (4) 36,968 29,563 72,495 61,145 Funds from Operations per common share - basic (4) 0 ... (4) Beneficial Interest in EBITDA represents the Operating Partnership's share of the earnings before interest and depreciation... (PR Newswire)
T REIT, Inc. Transfers Remaining Assets and Liabilities to T REIT Liquidating Trust Jul 21, 2007
However, the Trustee will issue to beneficiaries of the Liquidating Trust and file with the Securities and Exchange Commission annual reports on Form 10-K and current reports on Form 8-K. Upon the formation of the Liquidating Trust, each shareholder of the Company on the Record Date (each, a "beneficiary") automatically became the holder of one unit of beneficial interest in the Liquidating Trust for each share of the Company's common stock then held of record by such shareholder ...... (PR Newswire)
Macquarie Infrastructure Company Announces Closing of Share Exchange Simplifies Corporate Structure, Tax Reporting Jun 26, 2007
All shares of beneficial interest in Macquarie Infrastructure Company Trust have been exchanged for limited liability company interests in Macquarie Infrastructure Company LLC. Investors received one LLC interest in Macquarie Infrastructure Company LLC for each share of Macquarie Infrastructure Company Trust they owned. LLC interests have been listed on the New York Stock Exchange and are trading under the symbol "MIC". (PR Newswire)
Homestead tax break on hold Jun 9, 2007
The owner or owners must own the property directly or through a beneficial interest in a qualifying trust, use the residence as a home and occupy it themselves, Manthei said. Based on the minimum and maximum exemptions, with no property tax rate increase, an average citizen with a home valued at $150,000 could see between a $32 and a $195 property tax reduction yearly. (Pearland Journal, TX)
