The Historical Evolution of the Principle of Liability in the Illinois

Thomas Walter Samuels

ISBN 10: 0266102026 / ISBN 13: 9780266102021

Published by Forgotten Books, 2017

About this Item

Print on Demand. This book traces the evolution of the principle of liability in the Illinois corporation. The author first examines the origins of the corporation and the concept of limited liability. This book then analyzes the various statutes and court decisions that have shaped the development of liability law in Illinois. The author provides a comprehensive overview of the current state of the law, including discussions of the liability of officers, directors, and shareholders. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.

Seller Inventory # 9780266102021_0

Bibliographic Details

• Title: The Historical Evolution of the Principle of Liability in the Illinois
• Publisher: Forgotten Books
• Publication Date: 2017
• Language: English
• ISBN 10: 0266102026
• ISBN 13: 9780266102021
• Binding: Paperback
• Condition: New
• Book Type: print-on-demand item
• Seller catalogs:
  • Law

About this title

Synopsis

Excerpt from The Historical Evolution of the Principle of Liability in the Illinois Corporation: Thesis

With the advent of railroads telegraphs, telephones, etc the corporation as a form of business organization began to be adopted generally, until at the present time the bulk of our business is conducted through this form of organization. To quote from an article by Professor Maurice H. Robinson of the University of Illinois, contributed to the Yale Review: Former ly nearly all manufacturing was done by the individual entre preneur, later by the partnership, now by the corporation; of the total production in the year 1900, nearly eight thousand millions in dollars, or almost 60 per cent of the total output, was the work of the corporation. Out of over five hundred thousand independent establishments in the United States, forty thousand in round numbers were in corporate form. The corpor ations were 12 per cent in numbers and produced per cent of the output. The partnerships were per cent of the total number of establishments, producing per cent of the total production. Individuals owned per cent of the number of establishments and produced only per cent of the total amount of production. In certain lines the progress of the cor poration has been particularly rapid, namely, in the manufacture of iron and steel, agricultural implements, coke, gas, electrical apparatus, manufactured ice, rubber goods, photographic goods.

About the Publisher

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.