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Updated: May 17, 2025


The principal rival of the Astor Fur Trading Company was the Northwest Company. Astor tried to persuade the company to join him in his new venture. When it refused to do so as an organization, he approached individual employees of the Company, and in 1810 formed the Pacific Fur Company. Among the incorporators were four Scottish Canadians, Messrs.

He was among the first to establish the Hahnemann Life Insurance Company of Cleveland, being one of its incorporators and procuring a large amount of capital stock for its support, besides giving his time in organizing it. He was chosen their chief medical examiner, and the great success of the Company is largely due to his skill in selecting good and healthy risks for insurance.

If stock is paid for by property, the incorporators and not the State are to pass upon its value. Before any stock, however, can be issued for property, a description of the property sufficient for purposes of identification, to the satisfaction of the Commissioner of Corporations, must be filed in the office of the Secretary of the Commonwealth.

In every hundred men, a certain number obstruct by instinct, and try to invent reasons to explain it afterwards. The Senate was no worse than the board of a university; but incorporators as a rule have not made this class of men dictators on purpose to prevent action. In the Senate, a single vote commonly stopped legislation, or, in committee, stifled discussion.

It was pointed out that a dangerous precedent would be established; that forest fires would be sure to originate from the locomotive's sparks, and that the Poquette woods were the center of the great West Branch timber growth. The counsel for the incorporators said that his clients realized this danger, and anticipated that this objection, a potent one, would be made.

It must be distinctly understood that incorporation under Federal law could not exempt the company thus formed and its incorporators and managers from prosecution under the anti-trust law for subsequent illegal conduct, but the publicity of its procedure and the opportunity for frequent consultation with the bureau or commission in charge of the incorporation as to the legitimate purpose of its transactions would offer it as great security against successful prosecutions for violations of the law as would be practical or wise.

He claimed that the proposed incorporators were not all unscientific men, and cited as a single example the name of O. M. Poe, which appeared among them. This man, he said, was a very distinguished meteorologist. This example was rather unfortunate.

"Let me see the Douglas Trust Company. Mr. Simms is president of that. He isn't shrewd enough to organize a thing of that kind. Who are the incorporators?" The General produced a list of four names, none of them officers or directors of the old companies. "Dummies, every one," said Cowperwood, succinctly.

It embodies a charter authorizing the acquisition and merger in one corporation of all the gas companies of this State, and an extension of corporate powers so as to cover all forms of municipal lighting. Were your hands not tied by your prospective election, I should be glad to offer you an opportunity to become one of the incorporators, for I believe that the undertaking will be lucrative.

The Tahoe Country Club is designed to meet the need. The incorporators have taken over in fee simple a beautiful tract embracing about 1500 feet of the beach at Carnelian Bay, California, perhaps the most attractive site on Lake Tahoe. It commands a view of the entire length of the Lake, looking toward the south, and embracing a magnificent panoramic view of the mountains beyond.

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