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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Yorikke who wrote (10793)	5/7/2006 11:12:52 PM
From: E. Charters	Read Replies (1) of 78422

The first corporations legally were cities in England. Their implicit shareholders were the rate payers. A city legally is an incorporated municipality. For instance Gloucester was incorporated by Richard II in 1483. en.wikipedia.org thecanadianencyclopedia.com Corporations as a person. en.wikipedia.org Michael Moore missed something. History of corporate personhood The history of corporate law in the United States can be directly tied to the ebb and flow of the debate first enunciated between Alexander Hamilton and Thomas Jefferson over how centralized the government of the United States should be, how much power the member states should have over their own affairs, and how much say citizens and citizen organizations should have in public affairs. While both Hamilton and Jefferson participated in the creation of the more centralized United States out of the original confederation by the Federalist Party, they had very different ideals as to what the new creation should be. Hamilton believed in a strong central government which he believed necessary for an industrialized nation while Jefferson believed in a de-centralized, more agrarian nation (see Jeffersonian democracy). When Hamilton as Secretary of Treasury created a national bank for the new country (see First Bank of the United States), Jefferson was much against the idea. Later President Andrew Jackson did his best to emasculate the Second Bank of the United States (see Jacksonian democracy). The Federal Constitution of 1788 did not mention corporations, thereby leaving the chartering of corporations to the states since the Constitution did not explicitly say otherwise. In the late 1700s and early 1800s corporations began to be chartered by the states. Corporations already existed in the new nation, but these were primarily educational corporations or institutions chartered by the British crown which continued to exist after the new nation was created from the Confederation. Due to experience as British Colonies and the accompanying corporate colonialism from British corporations chartered by the crown to do business in North America, new corporations were greeted with mixed feelings. Thomas Jefferson said, "I hope we shall crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government in a trial of strength, and bid defiance to the laws of our country." hmmmm.. scary.. on the other hand he was referring to British Government corporations.. that were independent of their law... but there is a parallel...

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