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Text File  |  1992-09-03  |  391b  |  11 lines
  1. UK acts of Parliament 1855 and 1862, which
  2. provided a legal framework for the
  3. consolidation of large companies that existed
  4. as legal entities in perpetuity; they
  5. restricted the maximum loss for individual
  6. share-holders to the purchase price of their
  7. shares. General limited liability required
  8. further legislation with the Joint Stock
  9. Companies Act of 1856 and the consolidating
  10. act of 1862.
  11.