Word: anti-trust
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Dates: during 1900-1900
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...Trusts, so called, vary much in form. The first kind is the "pool" of which some are now in operation. In the old Trust form, of which the Standard Oil Company is a type, a small board of trustees have the business of managing all the different companies, but dividends are paid out on combined profits. Much anti-trust legislation, however, led to the formation of the typical form of trust--the single corporation. The form of Trust which is now in the ascendant is modelled much after the old Trust. A central company is organized...