"Da Mayor" At Work

AES wrote:

Don't quarrel with these assertions. But suppose the corp has multiple
stockholders, who own (ergo, in the last analysis control) it . . .
Then, everything the corp does is, at least in a certain sense, done by
those stockholders -- and they're a group.

That would be like saying that I do whatever my car does.

First off, the stockholders do not have any control over the corporation (with
the exception of the one, if there is one, who owns the majority of the stock).
The board of directors controls a corporation. Assuming that the board is in
agreement, then the corporation (an entity) does what the board wants it to do.
But the corporation is not a group. What is done by the corporation is not
necessarily done by the stockholders.

George Patterson
There's plenty of room for all of God's creatures. Right next to the
mashed potatoes.

"George Patterson" wrote in message
news:HnUee.50$N_5.14@trndny09...
AES wrote:

Don't quarrel with these assertions. But suppose the corp has multiple
stockholders, who own (ergo, in the last analysis control) it . . .
Then, everything the corp does is, at least in a certain sense, done by
those stockholders -- and they're a group.

That would be like saying that I do whatever my car does.

First off, the stockholders do not have any control over the corporation
(with
the exception of the one, if there is one, who owns the majority of the
stock).
The board of directors controls a corporation. Assuming that the board is
in
agreement, then the corporation (an entity) does what the board wants it
to do.
But the corporation is not a group. What is done by the corporation is not
necessarily done by the stockholders.

Think of "Power of Attorney", or "delegation".

Matt Barrow wrote:

Think of "Power of Attorney", or "delegation".

I've never signed one yet.

George Patterson
There's plenty of room for all of God's creatures. Right next to the
mashed potatoes.

"George Patterson" wrote in message
news:bsVee.644$14.262@trndny03...
Matt Barrow wrote:

Think of "Power of Attorney", or "delegation".

I've never signed one yet.

I did say DO one, I said THIN OF WHAT IT IS!

Putz! :~)

Matt Barrow wrote:

I did say DO one, I said THIN OF WHAT IT IS!

I *did* think about it -- that's why I've never signed one. :-)

George Patterson
There's plenty of room for all of God's creatures. Right next to the
mashed potatoes.