1830: Railways & Robber Barons
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Am I safe from losing the presidency if I hold only one or two shares of a company?
The controlling rules require a 20% holder for a transfer and the change of president rule shows the exchange.
- 1830: Railways & Robber Barons rulebook · Rulebook · Controlling a Railroad Corporation
- 1830: Railways & Robber Barons rulebook · Rulebook · Change of President (5.4)
- ecs05norway · Community · 2013-07-26
- clearclaw · Community · 2016-01-05
- RVS70 · Community · 2013-07-27disagrees
Holding one share is safe, because a presidency can pass only to a holder of at least 20%. Holding two shares (20%) is not safe: if the president sells down below your holding, the presidency and its certificate pass to you.
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