A Treatise on the Law in Relation to Promoters and the Promotion of Corporations (Classic Reprint)
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Hersteller: | Forgotten Books (Alger, Arthur Martineau) |
Stand: | 2015-08-04 03:50:33 |
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Produktbeschreibung
Excerpt from A Treatise on the Law in Relation to Promoters and the Promotion of Corporations The public is constantly responding to the invitations of promoters of corporate enterprises to contribute the funds necessary for their prosecution. Very large sums of money in the aggregate are annually invested in such ventures by persons who must necessarily rely more or less upon the good faith and integrity of those engaged in promoting them. The promoters" have in their hands the creation and moulding of the corporation; they have the power to define how and when, and in what shape, and under what supervision, it shall start into existence and begin to act as a corporation." The material facts in relation to the undertaking are often exclusively within their knowledge. In view of these conditions, it is apparent that the question of the reciprocal rights and obligations of the promoter and the corporation, and of the shareholder and the promoter, is of great practical importance; and it would seem to be worthy of fuller treatment than that which has been accorded to it in the text-books on the law of corporations. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.
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