The Public Service Origins of the American Business Corporation

Ronald E. Seavoy

Business History Review, 1978, vol. 52, issue 1, 30-60

Abstract: The corporate charter, so restricted in its use in England, found a constantly broadening range of applications in America from the colonial period onward. The test of importance to the general welfare, originally confined to municipal, benevolent, or at most public-utility enterprises, was being applied to manufacturing ventures by the second decade of the nineteenth century.

Date: 1978
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