From: dlv@bwalk.dm.com (Dr.Dimitri Vulis KOTM)
Date: Sat, 3 Aug 1996 23:36:14 +0800
To: cypherpunks@toad.com
Subject: Re: A Libertine Question (fwd)
In-Reply-To: <Pine.SV4.3.91.960803005947.1359E-100000@larry.infi.net>
Message-ID: <qq43RD13w165w@bwalk.dm.com>
MIME-Version: 1.0
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Alan Horowitz <alanh@infi.net> writes:
> Corporations are state-created persons [legal definition of "person", not
> colloquial vernacular]. They have some privileges which have surface
> resmblence to the rights of natural people. For example, they can "have
> standing" in a court to initiate a legal proceeding - in their own name,
> not that of an agent or employee or trustee.

Corporations could also own property at the time when many "real" persons
could not. Corporations could also be granted monopoly rights by the state,
like an exclusive right to trade with a certain region.

---

Dr.Dimitri Vulis KOTM
Brighton Beach Boardwalk BBS, Forest Hills, N.Y.: +1-718-261-2013, 14.4Kbps