Proceedings and Collections of the Nebraska State Historical Society

Proceedings and Collections of the Nebraska State Historical Society

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1898 edition. Excerpt: ...county seat and fifty lots reserved. "From a legal point of view," we conclude that these efforts were not productive of great results. It is evident that the antimonopolist had not then grown to his present magnificent dimensions, for, if there was any subject upon which that legislature might be said to be orthodox, it was that of the creation of corporations and monopolies. If there was any one enterprise or line of business which did not demand the right to the exclusive exercise of ' "corporate power," they failed to make the exception. Everything, from the magnificent railroad company, with its millions of dollars of capital stock, to the bridge and ferry company, with its few dollars and pocket ferry-boat for crossing the spring branches and wet weather drains with which the territory at that time abounded, was provided for. The /Vestern Exchange and Marina Insurance Company, with its capital stock of $50,000, and R. W. Latham, VVilliam Kempton, James S. Izard, J. McNeale Latham, VV. E. Moore, Thomas H. Benton, J r., and their associates, not to exceed thirteen in number, their heirs and assigns as incorporators, was duly incorporated aud the necessary plans and specifications provided, ready for business. It has never been my pleasure to form the acquaintance of that artificial individual, and whether "the legal results" of that law have ever been manifested, I am at this moment unable to say. I think, however, its life was short, owing, possibly, to the inexcusable blunder of the legislature in selecting the unlucky number--13--as the maximum number of incorporators. This was a bad break and one for which we can imagine no valid excuse. I think it "killed the bill." Had more

Product details

  • Paperback | 92 pages
  • 189 x 246 x 5mm | 181g
  • United States
  • English
  • black & white illustrations
  • 1236967496
  • 9781236967497