[s-b] Privatize the Sock Market

["Roger Hicks" <pidgepot@xxxxxxxxx>]

I submit the following Proposal titled "Privatize the Sock Market":
{
For each color of sock create a Corporation with the following
articles, substituting the color of sock for XXX:
{{
1. The name of this corporation is XXX Corporation. This contract is
the Articles of Incorporation for this Corporation

2. A Voting Sockholder is a member of this contract who holds at least
one XXX sock. Any member of this contract which does not hold at least
one XXX sock ceases to be a member of this contract. A Potential
Sockholder that holds at least one XXX sock may become a member of
this contract by announcement.

3. Any Voting Sockholder may attempt to amend this contract by posting
a Motion by announcement. The Motion is a Game Document and should
specify a list of Contract Actions. Each Voting Sockholder may vote
FOR, AGAINST, or ABSTAIN on this contract's Motions. The number of
votes cast by a Voting Sockholder who votes is equal to the number of
XXX socks they hold when the Motion is resolved. After two full rdays,
the Voting Sockholder who initiated the Motion may resolve that
Motion. If a Motion is not resolved in six full rdays after it is
announced it automatically fails. When a Motion is resolved if the
total number of FOR votes is greater than the number of AGAINST votes
the changes described in the Motion are enacted.

4. Any Potential Sockholder may purchase an XXX sock owned by this
corporation by paying the Issue Price to the corporation. Initially,
the Issue Price is m80.

5. The sole Officer of this Corporation is the CEO. The Voting
Sockholders are responsible for ensuring this corporation fulfills
it's obligations by enabling its CEO to act on behalf of the
corporation. The CEO may resign their Office by announcement.
Initially the Office of CEO is vacant.

6. The following are Contract Actions:
* Amendment - A change to the Articles of Incorporation
* Installation - Causing a specific Voting Sockholder to become the
holder of a specific Office in this Corporation
* Issue - Creating a number of XXX socks in the possession of this Corporation
* Buyback - Specifying a number of XXX socks and a buyback price. The
CEO of this Corporation is then authorized to purchase the specified
number of XXX socks each at or less than the Buyback price on behalf
of the Corporation.
* Deissue - Causing any number of XXX socks held by the Corporation to
be destroyed
* Dividend - Causing the Corporation to transfer an equal number of
macks to the owner of each XXX sock (with the exception of those XXX
socks owned by this Corporation)
* Adjustment - A change to the Issue Price
* Split - For each current XXX sock, causing a XXX sock to be created
and given to its owner
* Authorization - Enabling and obligating an Officer of this
Corporation to perform a specific act not otherwise specified above on
behalf of this Corporation
}}

Create a new rule titled "Legal Entities" with the text:
{{
A Legal Entity is a Potential Sockholder, a Currency Owning Object and
a Device Owning Object. Players are Legal Entities.
}}

Replace the last sentence of 4e79 Incorporation with:
{{
A Corporation is a Legal Entity
}}

In 4e70 Contracts replace each instance of "Player" with "Legal
Entity" and each instance of "Players" with "Legal Entities" with the
exception of the first use of the word "Player" in the third
paragraph.

Amend 4e68 Socks to read:
{{
Socks are Game Objects.

There exists an Attribute called "Sock Color" with a Scope of all
Socks, a Range of {Blue, Black, Brown, Burnt Sienna, Beige, Burgundy},
and a Default Value of Blue. There exists an Attribute called
"Sockholder" with a Scope of all Socks, a Range of all Potential
Sockholders, and a default value of the XXX Corporation, where XXX is
the color of that sock.

A Potential Sockholder who is the Sockholder of a Sock is said to
"hold", "possess", or "own" that Sock. A Sock is said to "belong" to
its Sockholder.

A Sock whose Sock Color is [color] may be referred to as "a [color]
Sock", "a Sock of the Color [color]", "a Sock of [color]", or "a piece
of [color] foowear". A Sock's Sock Color may be referred to as its
Color.

A Potential Sockholder may transfer a Sock of a specified Color to
another Potential Sockholder as a Game Action. One Sock of the
specified Sock Color belonging to the Potential Sockholder has its
Sockholder attribute changed to the other Potential Sockholder.

A Laundry Corporation is a Corporation which may create or destroy
socks of its appropriate color. For each sock color there exists one
Laundry Corporation titled "XXX Corporation" where XXX is the color of
that sock. No other Corporation is a Laundry Corporation. A Laundry
Corporation may only destroy socks of its color that are in its
ownership.
}}

Rename rule 4e69 "Investments & Earnings" and amend it to read:
{{
There exists an Attribute called "Proposal Color" with a Scope of all
Pending or Open Proposals, a Range of {Blue, Black, Brown, Burnt
Sienna, Beige, Burgundy, Blank}, and a Default Value of Blank.

A Player may, as a Game Action, change the Proposal Color of a Pending
Proposal to a value of his choice. No Player may make more than one
such change per nday.

When a Proposal Passes, if that proposal had a Proposal Color other
than Blank, the XXX Corporation (where XXX is the color of that
Proposal) has its macks increased by m100
}}
}

BobTHJ
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