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Please use this identifier to cite or link to this item: http://hdl.handle.net/2262/9142

Title: On the laws relating to joint-stock companies
Author: Murphy, Joseph John
Keywords: Company law
Joint-stock companies
Issue Date: 1857
Publisher: Dublin Statistical Society
Citation: Murphy, Joseph John. 'On the laws relating to joint-stock companies'. - Dublin: Dublin Statistical Society,Vol.II, Part VIII, 1857, pp27-36
Series/Report no.: Journal of the Dublin Statistical Society
Vol.II, Part VIII, 1857
Abstract: The limited liability act of 1856 has placed the law of joint-stock companies in a satisfactory state, so far as regards the position of the shareholders. They can obtain a charter of incorporation by simply ^plying for it, and the liability of shareholders is limited to the amount of the shares. But if the principle I have stated is sound — that mercantile liability for the consequences of a man's own actions ought to be unlimited — it follows, that in every concern the acting partners ought to be under unlimited liability. The acting partners of a joint-stock company are the directors; and yet the law does not recognise their unlimited liability. This ought to be changed.
Description: Read 19th January, 1857
URI: http://hdl.handle.net/2262/9142
ISSN: 00814776
Appears in Collections:JSSISI: 1857 to 1860, Vol. II, Journal of the Dublin Statistical Society
Archive JSSISI: 1847- Complete Collection

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