Queens, New York is a bustling borough of New York City, known for its diverse population, vibrant neighborhoods, and rich cultural heritage. In the realm of finance, a proposal to decrease authorized common and preferred stock can have various implications for businesses operating in Queens. One type of proposal concerning authorized common and preferred stock in Queens could involve a company's decision to decrease the maximum number of shares available for sale to shareholders. This reduction in authorized stock serves as a strategic move to control dilution and maintain the stability of ownership within the company. Another type of proposal might revolve around adjusting the balance between common and preferred stock. Common stock represents ownership in a corporation and provides voting rights, while preferred stock typically offers higher dividends and priority in case of liquidation. A proposal to decrease authorized preferred stock could be aimed at minimizing the financial burden of dividend payments or reducing the number of shareholders holding preferred shares. Keywords: — QueensBeforeor— - Proposal - Decrease — Authorized common and preferrestopoc— - Dilution control — Stability - Ownershi— - Common stock - Preferred stock — Voting right— - Dividend payments - Shareholders — Financiaburdende— - Liquidation