Trust Estates as Business Companies. Second Edition (1921)

This treatise introduced the concept of “trust estates as business companies.” It provides a trenchant practical description of the law of trusts and historical perspectives into the origin of the modern “Massachusetts Business Trust,” arguably the only common-law method of business organization available with limited liability for the organizers. It also treats income taxation, in a way that is relevant today, “Common Law Companies,” “Business Trusts,” Voluntary Associations” and relevant Massachusetts and Oklahoma statutes. The second edition is a significant update to the original 1912 edition, which was considered a pioneering work in the field.  xx, 782 pp.