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Result of special acts (see: G. H. Evans, Jr., Business
Incorporation in the United States, 1800 - 1843, New York: National Bureau of
Economic Research, 1948, p. 11).] the Exception has been made for corporations,
Requiring the right of the compulsory repayment of the real estate, for monopolies and
Banks. These laws extended slowly enough. It and the Mine mark,
That staff of Delaver the twelfth has passed the general laws on creation and activity
Corporations, also has made it only in 1899. [Berie and Means, Modem Corporation,
p. 127. At least, in New York the staff Legislative Assembly confirmed
Charters with the big ease - for the sake of acceleration industrial and trading
Change. About stories of a legislative policy in New York see: Ronald E.
Seavoy, The Origins of the American Business Corporation, 1784 - 1855:
Broadening the Concept of Public Service During Industrialization (Westport,
Conn.: Greenwood Press, 1982).]
Only in second half of XIX-th century England and the United States recognised that
Old tradition of the rigid control over formation of the corporations having
Exclusive rights to certain kinds of trade or to the compulsory repayment
The real estate, it should not be applied on the incorporated companies created
Exclusively for the sake of the business purposes and requiring not in the big legal
Possibilities, than usual associations. It has been understood that public as a whole
It is interested only in that all dealing with such associations were
Are in advance warned about limited liability of their members. Thanking
To it a corporate form of an enterprise began to use in all
Extending circle of business situations.
Within the limits of the first general corporation laws hundreds certificates have been carried out
In industrial states of America. It is accepted to think that interest to creation
Corporations has been generated by the termination of a civil war and accompanying
Economic changes, but these communications are hard for tracking [Evans, Business
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