(Subject to Revision after the Vacation)
Question. What is meant by the promotion of a company?
Answer. The process of separating capital from its possessor.
Q. How is this end accomplished?
A. By the preparation and publication of a prospectus.
Q. Of what does a prospectus consist?
A. A front page and a statement of facts.
Q. Define a front page.
A. The bait covering the hook, the lane leading to the pitfall, the lath concealing the quagmire—occasionally.
Q. Of what is a front page composed?