Company H

Definition and stakes

Portrait of Carlton J. H. Hayes Carlton J. H. Hayes,  A Political and Social History of Modern Europe V.1

“ Subject to these rules, each merchant traded as he pleased, and there was no pooling of profits. The regulated company, the first form of the commercial company, was encouraged by the king. He could charter such a company, grant it a monopoly over a certain district, and trust it to develop the trade as no individual could, and there was no evasion of taxes as by independent merchants. ”
Source: Gutenberg

Portrait of Carlton J. H. Hayes Carlton J. H. Hayes,  A Political and Social History of Modern Europe V.1

“ Many craft gilds exhibited in the fifteenth and sixteenth centuries a tendency to split somewhat along the present lines of capital and labor. On the one hand the old gild organization would be usurped and controlled by the wealthier master-workmen, called "livery men," because they wore rich uniforms, or a class of dealers would arise and organize a "merchants' company" to conduct a wholesale business in the products of a particular industry. ”
Source: Gutenberg

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