Co-Operation in New England, Urban And Rural
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In our eReader you can find the full English version of the book. Read Co-Operation in New England, Urban And Rural Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Co-Operation in New England, Urban And Rural
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To quickly assess the difficulty of the text, read a short excerpt:
But in New England all that is gained by co-operation must be gained against the bitter opposition of trades- people, against the skepticism and even ridicule 59 CO-OPERATIVE ASSOCIATIONS OF WORKINGMEN of the general public, and against unsympathetic legislation.
The New England states not only fail to offer special privileges to co-operative associations, but also by their laws and practice undoubtedly hin- der the formation and operation of such societies.
Connecticut and Massachusetts have s...pecial laws for the incorporation of co-operative associations, the statutes* dating in both cases, with but slight change, from the period of the Sovereigns of In- dustry. Both these states require a minimum of seven men to found a co-operative society and ^1,000 as minimum capital. They further provide that no member shall hold over ^i,ooo in shares, nor have over one vote. There shall be no dis- tribution of profits before at least lo per cent of net profits be applied to a sinking fund and until that fund amount to a certain percentage of the capital stock — in Massachusetts to 30 per cent, in Connecticut to 20 per cent.
What to read after Co-Operation in New England, Urban And Rural?
You can find similar books in the "Read Also" column, or choose other free books by James Ford to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But in New England all that is gained by co-operation must be gained against the bitter opposition of trades- people, against the skepticism and even ridicule 59 CO-OPERATIVE ASSOCIATIONS OF WORKINGMEN of the general public, and against unsympathetic legislation.
The New England states not only fail to offer special privileges to co-operative associations, but also by their laws and practice undoubtedly hin- der the formation and operation of such societies.
Connecticut and Massachusetts have s...pecial laws for the incorporation of co-operative associations, the statutes* dating in both cases, with but slight change, from the period of the Sovereigns of In- dustry. Both these states require a minimum of seven men to found a co-operative society and ^1,000 as minimum capital. They further provide that no member shall hold over ^i,ooo in shares, nor have over one vote. There shall be no dis- tribution of profits before at least lo per cent of net profits be applied to a sinking fund and until that fund amount to a certain percentage of the capital stock — in Massachusetts to 30 per cent, in Connecticut to 20 per cent.
What to read after Co-Operation in New England, Urban And Rural?
You can find similar books in the "Read Also" column, or choose other free books by James Ford to read onlineMoreLess
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