Re: [s-d] Contract Ideals Discussion

[Tyler <wisety@xxxxxxxxx>]

That's a very good point, BP. Minorities need protection too. I hope that if
a majority ever decides to harm a specific minority by, for example,
changing their contract, there will be a very good reason to do so. (Like to
destroy a scam Contract.)

On Fri, Nov 28, 2008 at 12:04 PM, Jamie Dallaire
<bad.leprechaun@xxxxxxxxx>wrote:

> On Fri, Nov 28, 2008 at 1:47 PM, Ed Murphy <emurphy42@xxxxxxxxxxxx> wrote:
>
> > Billy Pilgrim wrote:
> >
> > > That said, unless we get back to Contracts that hold assets (or even
> then
> > if
> > > they can easily transfer them to Players),
> >
> > Why is that relevant?  Does this pertain to clauses like "the members
> > are the persons who own one or more X"?
> >
>
> I meant this in the context of, say, 9 players deciding to pass a proposal
> that would change the text of a contract that binds 3 other players (to
> force them into all sorts of unpleasant things). Not that that ever really
> happens, just like I've never seen a proposal saying something like "teucer
> may never have points" pass. Just bad sportsmanship.
>
> But in the above scenario, if it's merely a contract that obliges the 3
> players to do certain things, they can easily drop out, dissolve the
> contract, and start it anew in the next nweek. If the Contract is something
> like Articles of Incorporation, and thus can hold assets or define an
> entity
> that holds assets, the parties cannot simply drop out and re-form, because
> then they lose the assets held by the contract entity. The contract might
> be
> able to transfer assets to the players, thus allowing this strategy, but I
> remember a while back Socks were stuck inside non-sock corps once bought.
> Corps did not have the right to give socks.
>
> Anyway, that's all very hypothetical, and I doubt anything of that nature
> would really happen.
>
> BP
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-- 
 -Tyler
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