Monday, April 25, 2011

Proposal: stock/share alignment

Passes at 13-0, but does nothing, since the text it refers to doesn’t exist.

Adminned at 25 Apr 2011 23:56:27 UTC

Replace the section of Rule 2.3 “Corporations” that reads

All Corporations have 100 Stocks, which may belong to the Market or to Investors. All stocks of new Corporations belong to the Market.

with the text

All new Corporations begin with 100 Shares, which may belong to the Market or to Investors. All Shares of new Corporations belong to the Market.

My first go!
so my reasoning:
1)Shares seems to be the correct term and is used in the Markets rule.
2)Corporations start with 100 shares, this allows for dilution etc. if that becomes possible later.

posted by imreading at 25 Apr 2011 01:30:26 UTC Comments (16)

Comments

Darknight: he/him

25-04-2011 01:47:54 UTC

imperial I’m not really good at seeing flaws in all honesty but this seems solid for a first proposal.

lilomar:

25-04-2011 01:59:02 UTC

for

imreading:

25-04-2011 02:00:19 UTC

hehe its a pretty small change, thought I would break the ice on something straight forward. Although I suppose its part of the fun that there is no such thing.

lilomar:

25-04-2011 02:16:53 UTC

Whoops, i just realized, i mis-adminned Markets, that’s why it says shares. Unfortunately, this means that your prop won’t do anything if/when enacted. So Sorry….

imreading:

25-04-2011 02:36:58 UTC

Yeah, I noticed that a while after I made this. oh well, next time.

Bucky:

25-04-2011 03:15:43 UTC

for

Purplebeard:

25-04-2011 08:36:22 UTC

for The second point still stands.

Kevan: he/him

25-04-2011 10:20:54 UTC

for

lilomar:

25-04-2011 13:10:07 UTC

Purplebeard: second point does nothing, as the text ey is replacing no longer exists.

imperial

Chivalrybean:

25-04-2011 16:31:53 UTC

for

Ely:

25-04-2011 18:40:43 UTC

imperial

Subrincinator:

25-04-2011 20:23:16 UTC

for

Winner:

25-04-2011 20:59:11 UTC

for

Travis:

26-04-2011 01:15:13 UTC

for

Roujo: he/him

26-04-2011 01:19:41 UTC

for For what it’s worth. =P

spikebrennan:

26-04-2011 02:42:39 UTC

for