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Excerpt from The Modern Corporation: Its Mechanism, Methods, Formation and Management In this fourth edition of "The Modern Corporation" the author has made the various changes necessary to bring the volume up-to-date, has made such minor emendations in the text as seemed desirable, and has added to the number of its forms. The most important change is, however, in the arrangement of the volume; the consideration of the mechanism and management of corporations now preceding the discussion of their organization instead of following it as before. The former arrangement was logical but, from the practical standpoint, one unfamiliar with corporate matters requires a knowledge of corporate mechanism and procedure and of the ends to be attained by incorporation before this latter subject can be intelligently considered, and for this reason the change referred to has been made. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.