Date of Award

6-1925

Degree Type

Bachelors Essay

Degree Name

Bachelor of Science (BS)

Department

Business Administration

First Advisor

Paul E. Miller

Second Advisor

Fred D. Merrill

Abstract

We Americans are familiar with the term "trust" in many different forms, but as yet, not to any great extent under the name or an "investment trust." We are fairly cognizant of such forms as: the trust company, trusts, express trusts, equipment trusts, and trusts under wills. Writers on the subject of "trusts" have defined the term in different ways. Sometime they mean °legal trusts," the form taken by the great prototype, the Standard Oil Company. In such a sense a trust may be defined as an organization managed by a board of trustees to whom all the capital stock of the constituent companies is irrevocably assigned. In other words, the original shareholders accept the trustees' certificate in lieu of former evidence of ownership.

Comments

A Thesis Submitted to Fulfill the Requirements for the Degree of Bachelor of Science in Commerce, COLLEGE OF BUSINESS ADMINISTRATION, Marquette University, Milwaukee, Wisconsin.

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