to act as a trustee under a mortgage securing an issue of bonds, as a financial or fiscal agent of a municipal or private corporation, as a transfer agent and registrar, as a depositary for protective and reorganization committees, and as an escrow agent
Individual trusts are often established for individuals with lack of business experience, people in poor health, absentee property holders, the elderly, and persons traveling or residing in foreign countries
Corporate trusts act as fiscal agents, registrars of stock, transfer agents, trustees under deed of trusts, depositary for protective committees, reorganization committees, and escrow agents
to improve working conditions
to improve working conditions
to improve working conditions
Harry L. Purdy has written: 'Corporate concentration and public policy' -- subject(s): Corporation law, Industrial Trusts, Restraint of trade, Trusts, Industrial
No
President Theodore Roosevelt viewed trusts, or large corporate monopolies, with a mix of skepticism and pragmatism. He believed that while some trusts could promote efficiency and innovation, many were creating unfair competition and exploiting consumers. As a result, he championed the regulation of these trusts through antitrust measures, most notably with the Sherman Antitrust Act, to ensure fair competition and protect the public interest. Roosevelt's approach was to distinguish between "good" trusts that benefited society and "bad" trusts that harmed it.
The Clayton Antitrust Act was intended to stop trusts from ever forming.apex=)
Daniel F. McGinn has written: 'Corporate retirement plans' -- subject(s): Mathematics, Pension trusts, Statistical methods 'Actuarial fundamentals for multiemployer plans' -- subject(s): Pension trusts, Statistical methods
coruption
established land conservation areas(: Breaking up trusts