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The authorised capital of a company sometimes referred to as the authorised share capital, registered capital or nominal capital, (particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue (allocate) to shareholders. Part of the authorised capital can (and ...
The seat of government is (as defined by Brewer's Politics) "the building, complex of buildings or the city from which a government exercises its authority". [1]In most countries, the nation's capital is also seat of its government, thus that city is appropriately referred to as the national seat of government.
A city charter or town charter (generically, municipal charter) is a legal document establishing a municipality such as a city or town. The concept developed in Europe during the Middle Ages . Traditionally, the granting of a charter gave a settlement and its inhabitants the right to town privileges under the feudal system .
The key motivation for municipalization stems from a difference in priorities and goals of the community members and the incumbent utility. While incumbent IOUs have the objective of reliable and safe electricity that can provide a competitive profit for the investors, municipalized utilities are free from the need to provide for private profits and can focus on the pursuit of other policy ...
By contrast, home-rule cities may assume any power not prohibited by the state constitution or state laws. General-law municipalities are classified by population as type A, B, or C, with different options for their forms of government. [1] In the event a home-rule city's population falls below 5,000, it may retain home rule status.
Unlike the other cities in Pennsylvania, the Philadelphia city government also has oversight of county government, and as such controls the budget for the district attorney, sheriff, and other county offices that have been retained from the county's one-time separate existence; these offices are elected for separately than those for the city ...
In the United States, an independent city is a city that is not in the territory of any county or counties and is considered a primary administrative division of its state. [1] Independent cities are classified by the United States Census Bureau as " county equivalents " and may also have similar governmental powers to a consolidated city ...
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