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These claims stem from a misunderstanding of the term municipal corporation used in the Act. [13] [14] There are many kinds of corporations; a corporation is any group authorized to legally act as a single entity; in this case, an incorporated, organized district of the United States. Most U.S. cities and counties are municipal corporations.
In 1837, Connecticut adopted a general corporation statute that allowed for the incorporation of any corporation engaged in any lawful business. [3] Delaware did not enact its first corporation law until 1883. Bank of the United States v. Deveaux, 9 U.S. 61 (1809) corporations have capacity to sue. Gibbons v.
Treaty of Washington; Treaty between Her Majesty and the United States of America for the Amicable Settlement of all Causes of Difference Between the Two Countries ("Alabama" Claims; Fisheries; Claims of Corporations, Companies or Private Individuals; Navigation of Rivers and Lakes; San Juan Water Boundary; and Rules Defining Duties of a Neutral Government during War).
United States, 445 U.S. 222 (1980) an employee of a printer that figured out upcoming company positions from his work was not liable for securities fraud. Basic v Levinson 485 U.S. 224 (1988) every affected investor can sue for personal loss, under a rebuttable presumption of reliance on the information (the ' fraud-on-the-market theory ').
The Great Chicago Fire is the most famous of these, leaving nearly 100,000 people homeless, although the Peshtigo Fire kills as many as 2,500 people, making it the deadliest fire in United States history. October 24 – Chinese massacre of 1871 18 Chinese immigrants in Chinatown, Los Angeles, are killed by a mob of 500 men.
This list of the oldest companies in the United States includes brands and companies, excluding associations, educational, government or religious organizations. To be listed, a brand or company name must remain, either whole or in part, since inception. To limit the scope of this list, only companies established before 1820 are listed.
Syracuse China, located in Lyncourt, New York (a suburb of Syracuse), was a manufacturer of fine china. Founded in 1871 as Onondaga Pottery Company (O.P. Co.) in the town of Geddes, the company initially produced earthenware; in the late 19th century, O.P.Co., began producing fine china, for which it found a strong market particularly in hotels, restaurants, and railroad dining cars.
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