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This treatise introduced the concept of "trust estates as business companies." It provides a trenchant practical description of the law of trusts and historical perspectives into the origin of the modern "Massachusetts Business Trust," arguably the only common-law method of business organization available with limited liability for the organizers. It also treats income taxation, in a way that is relevant today, "Common Law Companies," "Business Trusts," Voluntary Associations" and relevant Massachusetts and Oklahoma statutes. The second edition is a significant update to the original 1912…mehr

Produktbeschreibung
This treatise introduced the concept of "trust estates as business companies." It provides a trenchant practical description of the law of trusts and historical perspectives into the origin of the modern "Massachusetts Business Trust," arguably the only common-law method of business organization available with limited liability for the organizers. It also treats income taxation, in a way that is relevant today, "Common Law Companies," "Business Trusts," Voluntary Associations" and relevant Massachusetts and Oklahoma statutes. The second edition is a significant update to the original 1912 edition, which was considered a pioneering work in the field. xx, 782 pp.
Autorenporträt
John H. Sears (1881-1929) was a member of the New York Bar and was the author of Declarations of Trust as Effective Substitutes for Incorporation (1911), A Treatise on Trust Company Law (1917), Minimizing Taxes (1922) and The New Place of the Stockholder (1929).