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The general incorporation laws enacted in Britain and the US in the nineteenth century had strikingly different structures. Whereas British law was laissez-faire in spirit, the American statutes were highly regulatory. The literature on the efficiency of the common law might lead one to expect that these statutory differences would become less salient over time, as businesses litigated their disputes and courts in the two countries came to similar resolutions. However, the authors find that the case law tended, if anything, to accentuate the differences in the statutes. British courts typically enforced whatever arrangements shareholders wrote into their articles of association or otherwise contracted among themselves, so long as the agreements were not contrary to law. In the US, by contrast, courts generally refused to enforce shareholders' agreements that deviated in any significant way from statutory norms. US law would not really begin to converge on British law until the second half of the twentieth century, when states began to enact more flexible general incorporation statutes. By that time, British company law was also becoming more regulatory. [ABSTRACT FROM AUTHOR]

The article offers information on the archaeological finds of barbed axes, Nashville Type II Triskele gorget, and spatulate celt belonging to native Americans, found within the Tennessee region. The topics addressed include information on the dimensions of the artifacts along with details on their archaeological expedition and search.

Comments on R.W. Saltus and colleagues' model for rooted versus ophiolitic mafic and ultrafamic rocks throughout the Cordillera based on a local geophysical anomaly in part of the southwest Brooks Range. Petrochemical and age relations; Incompatibility of the model with geologic relations.