Overview

Excerpt from Essays in the Earlier History of American Corporations, Vol. 4: Eighteenth Century Business Corporations in the United States

The term "business corporation" has no precise technical significance. In latter days it is frequently used in a narrow sense. From it are excluded not only public corporations, such as municipalities, and cooperative associations, but also financial corporations - banks and insurance companies - and public service companies. It includes all that heterogeny of agricultural, manufacturing, mining, development, and commercial companies which have not yet been set off in distinct classes, designated by a special group name and subjected to special legislation. In a broader and perfectly legitimate sense, however, the term may be used to designate all corporations formed with the primary object of securing pecuniary gain or avoiding pecuniary loss, for the benefit of the members. In earlier days such companies were occasionally spoken of as "money" or "moneyed" corporations. To the end of the eighteenth century, however, not only had no classification of business corporations been developed, but no sharp line was drawn between these and corporations of other sorts.

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Product Details

Author:  Joseph Stancliffe Davis
ISBN:  1331432057   
Publisher:  Forgotten Books
Publish Date:  September 27, 2015
Pages:  434 pages
Dimensions:  0.88" H x 9.0" L x 6.0" W (1.27 lbs) 

Essays in the Earlier History of American Corporations, Vol. 4: Eighteenth Century Business Corporations in the United States (Classic Reprint)


Order now & receive by
*Estimated delivery from regional distribution ctr.




Customers Also Bought