Hurst, James Willard. The Legitimacy of the Business Corporation in the Law of the United States, 1780-1970. Charlottesville: The University Press of Virginia, 1970. xiii, 191 pp. Reprint available December 2004 by The Lawbook Exchange, Ltd. ISBN 1-58477-470-3. Cloth. $95. * Hurst [1910-1997] revitalized the field of American legal history with The Growth of American Law (1950, available as a Lawbook Exchange reprint) and helped establish the study of law and American society in Law and Social Process in United States History (1960). He had a particular interest in the ways society and law influenced one another. This study, which is based on a series of lectures delivered at the University of Virginia Law School, explores the development of corporate law from the 1780s, a time when the special charter was the only form of incorporation, to the 1960s, a time when corporations were established exclusively through general incorporation statutes. More than a chronicle, Hurst emphasizes how legal institutions actively shaped the central traits of American capitalism.That business corporations were important in the countrya#39;s life did not prove that corporation law was; there might be a great difference in effect ... At the outset, these essays noted two different estimates of the social impact of the law of business corporations. ... Some fifty years later Bayless Manning saw corporation law as a rusting framework through which winds of change whistled unhindered; realityanbsp;...
|Title||:||The Legitimacy of the Business Corporation in the Law of the United States, 1780-1970|
|Author||:||James Willard Hurst|
|Publisher||:||The Lawbook Exchange, Ltd. - 1970|