New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-16
How TO Incorporate industrial Associations

HOW 10 incorporate
The following will be found useful to per-
sons wishing to form Incorporated Industrial Asso-
Citations and Will aid them in obtaining legal eI-
stence II ReformerS desire that such law as that
indicated, should be passed, they should take imme
diate steps to procure signatures to this memorial,
and send them to the members Of the Legislature
representing the Districts where the memonallsts
reside The general acts Of Incorporation that are
now in force It Will appear from a perusal of the
memorial, are not suited for the accomplishment OF
the purposes of the Associations of Workingmen:
FORM OF MEMORIAL TO INCORPORATE INDUSTRIAL
ASSOCIATIONS.
To N, Honorable Senate and Ass1bIy ofbe STATE Of "
The Memorial of respectfully represents
That your Memonahsts desire to effect Reforms IN
Society beneficial alike to all classes, SIMPLY py he
organization OF Associations which shall receive all
worthy applicants members, and give them en-
ployment when well, and furnish them with the
means Of subsistence when SICK.
Your memoralisS believe that through the medium
OF such associations the members thereof Will DC aoe
to secure 10 themselves not only certain livelihood
but the means OF gradually accumulatnsH 10
such an extent that wealth Will speedily become 50
far oqualzed that every child shall be ralnel 10
some useful employment, and be az ihe same time 50
educated rs 10 IN with credit the most important
stations in the Republic, and that when such aSsoci-
auons shall have become universal, men VIII DC
happy IN their state Of equality and security ana
will fratemze with each other III the accomplish
ment of all desirable objects
But IN the pursuit of the above mentioned reforms,
which not ONLY every member Of your honorable
bodies but every member of the human race must
desire your memOualsts md themselves much I'M
peded BY the want OF system OF incorporation
suited to the objects sought TO be accomplished by the
propoSed Associations. -
The general law for the incorporation OF hanuiac-
turing Mechanical, Mining ana themlcal COMPANY
is i'm many respects inadequate to their wants; The
existence Of companies formed under that Ia" IL
limited 10 fifty rears Your memorlallsts require no
limit to the term OF the existence OF the ASSOCIATIONS
or Companies they would like 10 have established,
not intending that they shall be dissolved so long as
there exist any human beings dependent upon .he
various kinds Of business when NAV DC prosecute
by such COMPANIES That law requires mat the cap
ital and the number Of shares of stock 81 the cop
MES formed under Il shall be mentioned IN me CeItu
cate of incorporation. our memOral>ls tlllA Ih4'
the capita and shares OF stock ia Industrial Assoca-
tons OF the kind thoy contemplate should cohstahtH
increase with the increase Of their mt mDeTs Chiei
that law but few branches OF business can DC prose
Cuted whereas the purpose oil your al w
nands that the Associations Incorporated ShtL pros
ecute every branch Of business and engage lheI
members N every employment necessary 20 suyyy
the wants of man By that law every st0cAhoidel
has as many votes as he owns shares IN the captai
stock Your mcmoralStS would give Dial one Fo'e
TO each man. ..-.,;,.., 81, D.
Morris the general law for the incorporation OF BE-
neyolept Societies sufficient for your memorlaistS-
That law only allows limited capital, wh0llj maj
eouate 10 the attainment OF their Objects I1a1 ID"
also requires the companies incorporate uhIrI L 70
conane their operations 10 some particular ouslles'
mentioned IN their certificate OF Incorporation ;
whereas. the purpose OF your memoralists uehahIs
that they shall not be ettered by such RESTRICTIONS out
thar they shall be at liberty 10 apply themselves 20
every trade until all shall be redeemed
Your mtmoralistS, therefore, respectfully souci1
that another general law OF incorporation may Do
devised and enacted. which shall permit al persons
Who NAV wish 90 form associations Tor the purpose
Of prosecuting any and every branch oil business
which individuals are allowed 20 prosecute wlthOuI
huCranCe from he state authorities, mus 10 assgS-
ATE and 10 enact their own Constitution an ~
Laws, and on Gepos,nng copy OF the same IN lHe
office Of the Secretary Of state ana N me o.noc ~
IN, Clerk OF the County or Counties IN Which SIcA
associates nroDase 20 transact t1eI business 10 oe
come bodies corporate with full power 20 sue anu
be sued and 10 hold any species OF property subject
To Slch prov islonS against fraud and bankruptcy a.
Vollr honorable BODY shall think proper 10 enact
Your memorials urge the passage OF such a a.,
on the ground thai u IS the duty OF me STATE - -
seci It's citizens IN any situation m Whch thef ma
be rightfllly placed by countenanclng ana ehcouI
aging them while engaged IN beneficial cccupallonss
+ ~ IN OCCUPATIONS which they CONCEIVE 70 DC a.
vantsceous TO themselves # the right OF DINERS ~
len unlupaired Your memOualSts conceive ma
an men have q natural night % associate Nhsn ~
thiak thai their own Interests vii be promoted IeI
bv that they ought 20 be protected IN their dssoca-e
situation and their associate property and thal,
Secuerilv all associations. the memcers OF Nl1O-l
rroross 10 do IN their corporate only haI they na,
An ndouhted right to DO in their Individual capA'f'
should be lncorporated and have Legal existence