700 ECONOMICAL ASPECTS 



3. Are these properties or rights owned, or held under 



lease, license, grant, option or otherwise? 



4. If owned, are titles perfect? 



5. Are there any incumbrances on the properties or 



rights? 



6. If not owned, are the holding papers in due form? 



7. If not owned, are the terms of holding reasonable, 



satisfactory and safe? 



8. In event of liquidation, what would be worth of 



property? 



As to Operation: 



1. What operations have been or are now carried? 



2. What have been the results? 



3. What difficulties, if any, have been encountered? 



4. What is demand for the product or operation of 



the enterprise? 



5. What is present status of the enterprise? 



6. Are proper books kept? 



As to Finance: 



1. What are the present assets and their actual value? 



2. What debts, claims, fees, rents, royalties or other 



payments or obligations are now due or are to 

 be met and carried? 



3. From what resources are these to be met? 



4. Who handles the moneys and under what safe- 



guards? 



5. What are or will be the running expenses, salaries, 



etc.? 



IV. Management. 

 Directors: 



1. How many members in the board? 



2. Who are these members? 



3. What is their past record and present business 



status? 



4. Who are the active members of the board? 



5. Who, if any, are inactive? 



6. Are meetings regularly held and attended? 



7. Who compose the Executive Committee, if any, 



and what are its powers? 



