they were highly fettered in that day asshole
A sad commentary on we, as a people, and our viewpoint of our freedom can be summed up like this. We have liberals and conservatives, Democrats and Republicans, yet those very people look at Constitutionalists as radical and extreme.................so those liberals and conservatives, Democrats and Republicans must believe that the constitution is radical and extreme.
I just proved that the founders were JUST FINE with restricting corporations
oh, no. you misunderstand me. i'm hilariously laughing at the idea that you think you know what the founders wanted.
BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
A sad commentary on we, as a people, and our viewpoint of our freedom can be summed up like this. We have liberals and conservatives, Democrats and Republicans, yet those very people look at Constitutionalists as radical and extreme.................so those liberals and conservatives, Democrats and Republicans must believe that the constitution is radical and extreme.
I gave their own words and the facts of that day on the regulations on corporations in those days
you mouthpooped
A sad commentary on we, as a people, and our viewpoint of our freedom can be summed up like this. We have liberals and conservatives, Democrats and Republicans, yet those very people look at Constitutionalists as radical and extreme.................so those liberals and conservatives, Democrats and Republicans must believe that the constitution is radical and extreme.
https://en.wikipedia...e_United_States
Post-independence[edit]
Prior to the late 19th century, most companies were incorporated by a special bill adopted by legislature. By the end of the 18th century, there were about 300 incorporated companies in the United States, most of them providing public services, and only eight manufacturing companies.[1] The formation of a corporation usually required an act of legislature. State enactment of corporation laws, which was becoming more common by the 1830s, allowed companies to incorporate without securing the adoption of a special legislative bill. However, given the restrictive nature of state corporation laws, many companies preferred to seek a special legislative act for incorporation to attain privileges or monopolies, even until the late nineteenth century. In 1819, the U.S. Supreme Court granted corporations rights they had not previously recognized in Trustees of Dartmouth College v. Woodward. The Supreme Court declared that a corporation is not transformed into civil institution just because the government commissioned its corporate charter; and, accordingly, it deemed corporate charters "inviolable" and not subject to arbitrary amendment or abolition by state governments.[2]
New York was the first state to enact a corporate statute in 1811.[3] The Act Relative to Incorporations for Manufacturing Purposes of 1811, allowed for free incorporation with limited liability, but only for manufacturing businesses.s.[4] New Jersey followed New York's lead in 1816, when it enacted its first corporate law.[3] In 1837, Connecticut adopted a general corporation statute that allowed for the incorporation of any corporation engaged in any lawful business.[3] Delaware did not enact its first corporation law until 1883.
Bank of the United States v. Deveaux, 9 U.S. 61 (1809) corporations have capacity to sue.
Gibbons v. Ogden, 22 US 1 (1824) the right of Congress to regulate interstate trade under the commerce clause.
The formation of a corporation usually required an act of legislature
you cant even comprehend what is being spoken of here
A sad commentary on we, as a people, and our viewpoint of our freedom can be summed up like this. We have liberals and conservatives, Democrats and Republicans, yet those very people look at Constitutionalists as radical and extreme.................so those liberals and conservatives, Democrats and Republicans must believe that the constitution is radical and extreme.
http://reclaimdemocracy.org/corporat...rporations-us/
Initially, the privilege of incorporation was granted selectively to enable activities that benefited the public, such as construction of roads or canals. Enabling shareholders to profit was seen as a means to that end. The states also imposed conditions (some of which remain on the books, though unused) like these*:
◾Corporate charters (licenses to exist) were granted for a limited time and could be revoked promptly for violating laws.
◾Corporations could engage only in activities necessary to fulfill their chartered purpose.
◾Corporations could not own stock in other corporations nor own any property that was not essential to fulfilling their chartered purpose.
◾Corporations were often terminated if they exceeded their authority or caused public harm.
◾Owners and managers were responsible for criminal acts committed on the job.
◾Corporations could not make any political or charitable contributions nor spend money to influence law-making.
For 100 years after the American Revolution, legislators maintained tight controll of the corporate chartering process. Because of widespread public opposition, early legislators granted very few corporate charters, and only after debate. Citizens governed corporations by detailing operating conditions not just in charters but also in state constitutions and state laws. Incorporated businesses were prohibited from taking any action that legislators did not specifically allow
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