Ted Nicholas - How to form your own corporation without a lawyer for under $75.00
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How to Form Your Own Corporation Without a Lawyer for Under $75.00
author
:
Nicholas, Ted.; Melvin, Sean P.
publisher
:
Kaplan Publishing
isbn10 | asin
:
1574101250
print isbn13
:
9781574101256
ebook isbn13
:
9780585162522
language
:
English
subject
Incorporation--Delaware--Popular works.
publication date
:
1999
lcc
:
KFD213.Z9N5 1999eb
ddc
:
346.751/06622
subject
:
Incorporation--Delaware--Popular works.
Page i
How to Form Your Own Corporation Without a Lawyer for Under $75.00
Ted Nicholas Sean P. Melvin
DEARBORN A Kaplan Professional Company
Page ii
This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
Hard Cover Printings: 1972 by Ted Nicholas First Printing January 1973 Second Printing May 1973 Third Printing December 1973 Fourth Printing December 1973 Fifth Printing (Revised April 1974) 1974 by Ted Nicholas Sixth Printing (Revised September 1975) 1975 by Ted Nicholas Seventh Printing (Revised September 1976) 1976 by Ted Nicholas Eighth Printing (March 1977) 1977 by Ted Nicholas Ninth Printing (Revised November 1977) 1977 by Ted Nicholas Tenth Printing (December 1977) 1977 by Ted Nicholas Eleventh Printing (April 1978) 1978 by Ted Nicholas Twelfth Printing (July 1978) Special Edition 1978 by Ted Nicholas Thirteenth Printing (Revised April 1979) 1979 by Ted Nicholas Fourteenth Printing 1980 by Ted Nicholas Fifteenth Printing 1980 by Ted Nicholas Sixteenth Printing 1981 by Ted Nicholas Seventeenth Printing 1981 by Ted Nicholas Eighteenth Printing (Revised September 1981) 1981 by Ted Nicholas
Sixteen Quality Paperback Printings: (Revised January 1982) 1982 by Ted Nicholas (Revised February 1983) 1983 by Ted Nicholas (Revised November 1983) 1983 by Ted Nicholas (Revised February 1984) 1984 by Ted Nicholas (Revised February 1985) 1985 by Ted Nicholas (Revised September 1985) 1985 by Ted Nicholas (Revised May 1986) 1986 by Ted Nicholas (Revised November 1986) 1986 by Ted Nicholas (Revised May 1987) 1987 by Ted Nicholas (Revised March 1989) 1989 by Ted Nicholas (Revised February 1990) 1990 by Ted Nicholas (Revised February 1991) 1991 by Ted Nicholas (Revised November 1991) 1991 by Ted Nicholas (Revised March 1992) 1992 by Ted Nicholas (Revised May 1996) 1996 by Ted Nicholas (Revised May 1999) 1999 by Dearborn Financial Publishing, Inc.
Published by Dearborn, a Kaplan Professional Company
All rights reserved. The text of this publication, or any part thereof, may not be reproduced in any manner whatsoever without written permission from the publisher.
Printed in the United States of America
99 00 01 10 9 8 7 6 5 4 3 2 1
Library of Congress Cataloging-in-Publication Data
Nicholas, Ted, 1934 How to form your own corporation without a lawyer for under $75.00 / Ted Nicholas, Scan Melvin26th ed. p. cm. Includes index. ISBN 1-57410-125-0 (pbk.) 1. IncorporationDelawarePopular works. I. Melvin, Scan P. II. Title. KFD213.Z9N5 1999 346.751'06622dc21 99-20575 CIP
Dearborn books are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please call Dearborn at 800-621-9621, ext. 4529, or write to Dearborn Financial Publishing, Inc., 155 North Wacker Drive, Chicago, IL 60606-1719.
Page iii
Dedication
To businessmen and women who have successfully incorporated by using this book, and to all of you budding entrepreneurs who will soon be incorporating your dream business.
Acknowledgments
I'd like to thank my friend, Sylvan N. Levy, Jr., for his useful suggestions after spending many hours reviewing the manuscript.
Additionally, the entire staff of Upstart Publishing Company, as well as reviewer Robert Friedman, have been of enormous assistance in the preparation of this book.
Special acknowledgment is given the Corporation Department, Secretary of State's office in Dover, Delaware, and its capable staff. In particular, I deeply appreciate the efforts of the Assistant Secretary of State, Richard H. Caldwell, for his personal assistance and helpful comments in reviewing this book.
Since the first printing of the hardcover edition in January 1973, Robert Reed, Secretary of State appointed by Governor Sherman Tribbitt; Grover Biddle, the Assistant Secretary of State; and Marie Shultie, Director, Corporation Department, and her staff have been of enormous assistance in helping to process smoothly and efficiently the large volume of new corporations from all over the world that have been formed as a result of this book.
In 1996, Secretary of State Edward J. Freel continued the fine work that historically has been done by the Corporation Department.
T.N.
Page iv
A Brief History of the Corporation
Most of American law has its origin in England. The corporation as a legal entity under English law dates back to the late fourteenth century. In the early 1600s, again in England, a number of joint stock associations were formed in an attempt to gain the same advantages as chartered corporations. In all contractual dealings, these companies were able to offer their shareholders liability protection. As a result, investors in such companies were in a more favorable position than partners whose liabilities for partnership debts were unlimited.
Corporations have been a part of North America's history for over 300 years. The Massachusetts Bay Company was chartered in 1629 by Charles I of England. Its purpose was to colonize the area near Massachusetts Bay. In 1630, it founded the city of Boston. The Hudson Bay Company of Canada was chartered in 1670 and continues to operate trading posts there today.
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