Liftco gives to all 15,000 of its shareholders the right to purchase newly issued shares of Liftco's stock in proportion to the percentage of shares they currently own and before anyone else is offered the shares.
There are different varieties of Laurel plants including the Common (aka Cherry) Laurel (Prunus laurocerasus), Portugal Laurel (Prunus lusitanica) and Bay Laurel (Laurus nobilis) - see our section on Types of Laurel Hedging for more information.
The common names of P. laurocerasus refer to the similarity of foliage and appearance to bay laurel (Laurus nobilis, the true laurel, in the Lauraceae family), and like the bay laurel, Prunus laurocerasus was used for making laurel wreaths, but the two plants are unrelated.runus laurocerasus is an evergreen shrub or small to medium-sized tree, growing to 5 to 15 metres (16 to 49 ft) tall, rarely to 18 metres (59 ft), with a trunk up to 60 cm broad. The leaves are dark green, leathery, shiny, (5â)10â25(â30)cm long and 4â10 cm broad, with a finely serrated margin.