Business Trusts As Substitutes For Business Corporations: A Paper Read Before The Kansas City Bar Association, April 10, 1920

CONTENTS The Business Corporation Its Rapid Growth Reasons for Delay in Development Its Accomplishments Reasons Therefor Growing Dissatisfaction with the Corporation as Business Agency Its Disadvantages Is There a Satisfactory Substitute The Business Trust Origin and Development of the Express Trust The Proposed Business Trust Its Legality May the State Forbid It Will Quo Warrants Lie Against It? Does It Afford Limited Liability Advantages Over the Corporation Its Disadvantages Considered Conclusions