1830: Railways & Robber Barons
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How many shares do you need to become president?
The controlling rules set the 20% minimum and the 50% safe level.
- 1830: Railways & Robber Barons rulebook · Rulebook · Controlling a Railroad Corporation
- 1830: Railways & Robber Barons rulebook · Rulebook · Stock Purchases (5.2)
The first buyer of a company takes its president's certificate, which is two shares (20%). After that, you become president by holding more shares than the current president. A president must always hold at least 20%, and holding 50% makes you safe from being unseated.
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