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Perspective

Oct. 9, 2009

State Power Over Corporate Charters

Keith Bishop of Allen Matkins warns that California's failure to reserve the power to repeal or amend certain corporate laws may impair existing contracts.

CORPORATIONS

By Keith Bishop

In the first half of the 18th century, colonial New England was shaken by a storm of religious fervor that was to become known as the first Great Awakening. Twenty-year old Samson Occom, like many of his contemporaries, was inspired by this "strange concern" among the people to seek a Christian education. In 1743, he went to school under the tutelage of the Reverend Eleazar Wheelock. According to Occum, "I went up thinking ...

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