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.
Laurus nobilis is an aromatic evergreen tree or large shrub with green, glabrous leaves, in the flowering plant family Lauraceae. It is native to the Mediterranean region and is used as bay leaf for seasoning in cooking. It's common names include bay laurel, sweet bay, bay (esp. United Kingdom), true laurel, Grecian laurel, laurel tree or simply laurel. Laurus nobilis figures prominently in classical Greek, Roman, and Biblical culture.