Chapter Page Scope of Subject Unskillful Business Financing Financing and Accounting Public Financing and Business Financing Simplicity of Business Finance Borrowing Money Permanent and Transient Investments Application of Income Elementary Rules of Financing Basic Types of Business Organization Sole Proprietorship The Partnership Disadvantages of the Partnership The Corporation Limited Partnerships Joint-Stock Companies Associations under Deeds of Trust Business Organization Under the Latin Law Business Organization Under the German Law Origin of Corporations Fiction of Corporate Entity Grant of Power by the State Special Charters The Corporate Name The Corporate Purposes Classes of Stock The Principal Business Office Operation in Other Jurisdictions Operation in Foreign Countries Internal Regulations and By-Laws Rights and Duties of Shareholders V Vi CONTENTS Chapter Page The American Practice The English Practice Rights and Duties of Directors Corporate Officers and Directors The "Clayton Bill" "Ornamental Directors" Compensation of Directors Legal Status of Directors Contracts with Directors Corporations in Modern Business The Number of Small Corporations The Army of Stockholders Types of Business Corporations Close and Open Corporations Holding Companies The Illegal Combination Legality of Holding Companies Combination of Non-Competitive Companies The Use of Subsidiary Corporations Advantages of Subsidiary Corporations Advantages of Corporate Form Advantage of Partnership Incorporation Advantage of Continuity of Ownership Disadvantages of the Corporate Form Efficiency of Corporate Organization Insolvency of the Northern Pacific Management of the Colorado Fuel and Iron Company Avoidance of Centralization Duties of Directors Owned and Borrowed Capital ....

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