Being a creditor, bondholders have priority over stockholders. An additional 37% was paid to stockholders as dividends. RPM has increased its cash dividend paid to stockholders for 46 consecutive years. Thus, the company relies upon investments from stockholders and business partners. Companies going public and their initial consumer stockholders are both defrauded by this practice. The "America West Holdings" stockholders were required to authorize these changes. In 1981, Oscar Mayer stockholders elected to sell the company to General Foods. SDCCU is a financial cooperative with no external stockholders. The Dow Process Company was incorporated with 57 original stockholders. They were the original stockholders of the Highland Park Building Company. The company withdrew after pressure from consumers, stockholders and Leon H. Sullivan. Layoffs have generally two major effects on the economy and stockholders. Carl, Jr.'s spending habits alarmed company stockholders. And, I understand that they also have to answer to their stockholders. The news caused concern among European stockholders.