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Page "David Beatty, 1st Earl Beatty" ¶ 48
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preferred and trust
Because of the close mental relationship and trust that a successful pitcher must have with his catcher, a number of catchers throughout history have become preferred by pitchers on their teams, to the point of that catcher almost always ( especially during the regular season ) playing on the same days the pitcher is.
Like preferred shares but units in a trust.
By transferring common shares in exchange for fixed-value preferred shares, business owners can allow future gains in the value of the business to accrue to others ( such as a discretionary trust ).
In these circumstances there is no mystery why many preferred to trust unlicensed " root and herb " practitioners, and to trust women prepared to share their domestic remedies, such as Lydia Pinkham.
issuing debt to the new entity, while the trust issues the trust preferred securities.
In addition, trust preferred securities issued by bank holding companies will usually allow the deferral of interest payments for up to 5 years.
Trust preferred securities have an additional advantage over other types of hybrid securities ( such as similar types of debt issued directly to investors without the intervening trust ), which is that if they are issued by a bank holding company, they will be treated as capital ( equity / own funds ) rather than as debt for regulatory purposes.
This is why trust preferred securities are issued overwhelmingly by bank holding companies, even though any company can issue them.
The trust then issues preferred stock to investors.
In exchange, the company issues junior subordinated debt to the trust with essentially the same terms as the trust's preferred stock.
If the issuing company is a bank holding company, it will also usually guarantee the interest and maturity payments on the trust preferred stock.
Since the amount of liabilities ( such as deposits ) that a banking institution may have is limited to some multiple of its capital, this regulatory treatment is highly favorable and is why the trust preferred structure is favored by bank holding companies.
The amount of these instruments, together with other cumulative preferred stock a bank holding company may include in Tier 1 capital, may constitute up to 25 percent of the sum of all core capital elements, including cumulative perpetual preferred stock and trust preferred stock. Non-financial companies are more likely to use less complex structures, such as issuing junior subordinated debt directly to the public.
The principal disadvantages of trust preferred securities is cost.
Because the trust preferred securities are subordinated to all of the issuer's other debt and typically have features like early redemption and optional deferral of interest payments, investors demand high interest rates.

preferred and rapid
One advantage of benzodiazepines is that they alleviate the anxiety symptoms much faster than antidepressants, and therefore may be preferred in patients for whom rapid symptom control is critical.
The PPP also sought to implement its reform program at a rapid pace, which brought the party into confrontation with the governor and with high-ranking civil servants who preferred more gradual change.
Gas griddles are by far the most common, due to the ready availability of natural and propane gas in commercial cooking environments, and are preferred for their rapid heat-up and more consistent temperatures.
Lorazepam is sometimes used as an alternative to haloperidol when there is the need for rapid sedation of violent or agitated individuals, but haloperidol plus promethazine is preferred due to better effectiveness and due to lorazepam's adverse effects on respiratory function.
When money is constricted, traveling by bus becomes more acceptable, but when money is more abundant than time, more rapid transport is preferred.
They were usually used in circumstances where the range was very restricted anyway, or where rapid cover of a wide field of arc was preferred.
Meanwhile, during the war years, the American Medical Association ( AMA ) ( which opposed managed care organizations from their very beginning ) tried to defuse demand for managed care by promoting the rapid expansion of the Blue Cross and Blue Shield preferred provider organization networks.
They claim that a market structure of planned obsolescence and rapid innovation may be preferred to long-lasting products and slow innovation.
In October 2003, the Securities and Exchange Commission ( SEC ) and the Massachusetts Secretary of State each filed separate civil complaints against Putnam, alleging that the company had permitted portfolio managers to avoid company policies and engage in rapid trading of its mutual funds along with certain preferred clients.
This method is preferred to the wiggly finger test that was historically used because it represents a rapid and efficient way of answering the same question: is the peripheral visual field affected?
Due to the rapid advance and adoption of superior intraosseous access technology, IO access has now become the preferred method of establishing vascular access for patients in whom traditional access is difficult or impossible.
The " locally preferred alternative " for the Urban Ring project as of June 2008 calls for routing bus rapid transit along the Grand Junction right-of-way, from George Washington Park in Cambridgeport, over the Charles River.
Self-levelling instruments are the preferred instrument on building sites, construction and surveying due to ease of use and rapid setup time.

preferred and fire
Given Russia's often inadequately trained conscript armies and the use of inaccurate smooth-bore muskets, Russian officers preferred to use the bayonet charge in lieu of musket volley fire where possible.
Although they were generally present in the battlefield King Mathias preferred enlisting shielded men instead, as the arquebus had a low rate of fire.
Dowry deaths are a widespread problem in Pakistan ; often referred to as " stove deaths " to blame the deaths on accidents, killing a bride by setting her on fire is the preferred method, as it is in India.
The armament was two Lewis mounted on twin Foster mountings in preference to the synchronized Vickers preferred for day fighting located at the upper center-section or fixed to fire upwards in a position that prevented the pilot from losing his " night vision " when the guns fired.
) The composite cylinders are the lightest in weight and are therefore preferred by fire departments ( UK: fire and rescue services previously called fire brigades ), but they also have the shortest lifespan and must be taken out of service after 15 years.
in 1968 Gaglardi came under fire in the legislature over re-occurring allegations of preferred highway access to property owned by his sons, use of departmental facilities to provide sign material and construction to benefit their properties, and departmental work performed on his private property.
Due to its relatively safe (~ 90 ° C ) flash point, paraffin, or highly purified lamp oil, is the preferred fuel for fire breathing.
King Charles himself disliked the idea of a statue of himself atop the monument, pointing out " I didn't start the fire ", and instead preferred a simple copper-gilded ball " with flames sprouting from the top ", costing a little over £ 325, but ultimately it was the design of a flaming gilt-bronze urn suggested by Robert Hooke that was chosen.
Often Maori preferred the double barreled tupara ( 2 barrel ) as they could fire twice before reloading.
This tree is the preferred host of a wood wasp, Syntexis libocedrii which lays its eggs in the smoldering wood immediately after a forest fire.
* Surprise: getting the first shot before one's opponent is prepared to return fire was the ' safest ' and preferred method for attack.
Unlike gasoline, water is acceptable and even preferred as a fire suppressant, since this both cools the fire and rapidly dilutes the fuel below the concentration where it will maintain self-flammability.
In Bloodlands: Europe Between Hitler and Stalin, Timothy Snyder wrote that " Dirlewanger's preferred method was to herd the local population inside a barn, set the barn on fire, and then shoot with machine guns anyone who tried to escape.
This depicted the preferred tactic of night surface attack, taking advantage of both the submarine's greater speed and maneuverability using its diesel engines, and the use of its SJ radar in making accurate range and bearing calculations, although with greater risk of being sunk by bombs and shell fire.
A baptism of fire, he found hostility from the Yorkshire crowd who felt that Phil Sharpe should have been preferred, and Fletcher's experience was not helped by dropping regulation catches at slip.
* At the end of the fifteen months of the siege of Numantia in summer 133 BC most of the defeated Numantines, instead of surrendering, preferred to commit suicide and set fire to the city.
Dirlewanger's preferred method of operation was to gather civilians in a barn, set it on fire and shoot with machine guns anyone who tried to escape ; the victims of his unit numbered about 30, 000.
The wood is also reportedly a preferred source of cooking fuel, since it makes a hot and long-lasting fire.
She is an expert markswoman with her preferred weapon ; the Stechkin APS, an old Russian firearm with selective fire ( auto and semi-auto ) and a wooden holster that doubles as a shoulder stock.
This commitment to experimentalism drew the fire of those party leaders who preferred more classical modes of artistic expression.
Helium is the preferred gas for floating balloons, because it is inert and will not catch fire ( like hydrogen ) or cause toxic effects when inhaled.

2.121 seconds.