United Financial Corporation of California (United Financial) was incorporated in the state of Delaware. United Financial owned the majority of a California savings and loan association as well as three insurance agencies. The next year, the original investors in United Financial decided to capitalize on an increase in investor interest in savings and loans. The first public offering of United Federal stock was made. The stock was sold as a unit, with 60,000 units being offered. Each unit consisted of two shares of United Financial stock and one $100, 5 percent interest-bearing debenture bond. This initial offering was a success. It provided $7.2 million to the corporation, of which $6.2  million was distributed as a return of capital to the original investors. What is the difference between the stock offered for sale by United Financial and the debenture bonds? Jones v. H.F. Ahmanson & Company, 1 Cal. 3d 93, 460 P.2d 464, 81 Cal.Rptr. 592, Web 1969 Cal. Lexis 195 (Supreme Court of California)