To organise the joint-stock company, it is necessary for many people to unite and make the

To organise the joint-stock company, it is necessary for many people to unite and make the certificate in the sense that they suggest to generate the company to have the certain name, for the purpose of carrying out of a certain kind of business in a certain place. The certificate declares, that they suggest to let out certain number of actions of a stock for a determined price in the action, that the fixed capital should be certain quantity, and that the company should continue to exist for a certain time interval. The blank forms for such certificate are delivered by the Secretary of the state where the company will be organised and when such certificate is properly filled, signed, and put to it, it lets out the licence, or charter-party, to the people doing such certificate, giving to them the permission to open the book to sell a stock, and to continue the enterprise depicted in general.