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I'll augment this with an excerpt: "A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere crea
by fennecfoxen 14y ago
I'll augment this with an excerpt:
"A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence. These are such as are supposed best calculated to effect the object for which it was created. Among the most important are immortality, and, if the expression may be allowed, individuality; properties by which a perpetual succession of many persons are considered as the same, and may act as a single individual. They enable a corporation to manage its own affairs and to hold property without the perplexing intricacies, the hazardous and endless necessity of perpetual conveyances for the purpose of transmitting it from hand to hand. It is chiefly for the purpose of clothing bodies of men, in succession, with these qualities and capacities that corporations were invented and are in use."
-- Chief Justice John Marshall, Dartmouth College v. Woodward, 1819
Corporations have rights because human beings have rights: they're just using the corporation to exercise those rights. But you'll note that there are some rights which aren't really transferrable, such as voting, and that corporations don't get to exercise those. Likewise, being eligible to be counted as an occupant of a vehicle for the purposes of carpool statutes... not really transferrable either.