begin  quoting Neil Schneider as of Wed, Jul 13, 2005 at 11:40:49AM -0700:
> Stewart Stremler said:
> > (Perhaps a second step would be to have unions automatically dissolve
> > after a period of time.  Thus, a union is a means to correct the
> > abuses due to an inequity of power between management and labor.
> > Once that's been corrected, and the correction is holding, then the
> > union is no longer needed and ought to go away.)
> 
> I would agree as long as corporations had to also disolve after a
> period of time. That was the original law for corporations, long
> forgotten. They had a lifetime, just like people.

I've heard that corporations used to require a charter, but not that
they had a pre-defined lifetime.

Interesting.

At the end of the lifetime, the assets would be sold off and the 
creditors paid off, and then the shareholders?

Hm...

-Stewart "Unbounded anything is often problematic" Stremler

Attachment: pgpDIwrmAxBJh.pgp
Description: PGP signature

-- 
[email protected]
http://www.kernel-panic.org/cgi-bin/mailman/listinfo/kplug-list

Reply via email to