Word: charter
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Dates: during 1930-1939
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...benefit of our weak-kneed representatives in Washington I wish to say as a charter member of the local post of the American Legion that no one knows what the members of the Legion want or how they will vote...
...enclosing 50? and asking that you kindly enter my application as a charter member of Mr. Waller's proposed club...
...second oldest bank in Manhattan first opened for business at No. 40 Wall Street in 1799. Unable to obtain a bank charter from a New York legislature which was under the thumb of Alexander Hamilton, a slick politician named Aaron Burr wangled a charter for a concern to supply the City of New York with "pure & wholesome water." As all the world now knows, there was tucked away in that charter a harmless-looking clause permitting The Manhattan Co. to transact any financial business within...
Business fastened anxiously on that one paragraph, pretty much ignoring the rest of the report. At any other time a Federal charter proposal, bringing as it would the blessings of uniformity, would have been well received. The New York Stock Exchange is on the Senate Committee's own record as favoring the idea of Federal charters. But coming on top of the Securities Act. the Stock Exchange control law and other New Deal manifestations of Government-over-Business, talk of national incorporation seemed to be a case of whipping the horse at full gallop...
Back in the days of the Big Stick, New Jersey was the favorite mother of corporations. Today it is Delaware, whose charters permit a corporation to do about anything it wants except overthrow the government. Even New Dealers scurry up to Wilmington to charter pseudo-governmental agencies like Electric Home & Farm Authority, U. S. Public Works Emergency Housing Corp., Commodity Credit Corp., Federal Subsistence Homesteads Corp...