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To Europe have come furthermore to result. In 1849 the Belgian court of reviewHas made the decision that the French corporations are not lawful legal
Persons for the Belgian right, but in 1854 both countries have agreed about that,
That it will be authorised to French companies to act in Belgium, and Belgian
-- In France. Such mutual cross-agreements in 1860th years have connected all
Europe Freedeman, pp.
218 - 219, "The Coming of Free Incorporation in France". And in 1867 after three-year debate France has passed the law, on
To which could create joint-stock companies (Societe anonyme), and
On the conditions meeting requests of business practice of that time and without
The special governmental permission. that is more than for 60 have been formed
Years before when the government consent for this purpose was required. But process
Incorporations obviously typed rates: in 1881 in France it has been created 976
Incorporated companies. (In the same place, Frideman notices that between 1868 and
1876 for years 798 joint-stock companies, with. 223 - 227) In Germany industrial Rhine area as a result of the peace treaty 1815
The year which has marked the termination of Napoleonic wars, has got under the political
The control of Prussia. Financial Institutions, 1815 - 1870 (Madison; University of Wisconsin Press, The basic source on stories of development industrial and
The financial enterprises in the Rhine area up to association of Germany Is: Richard Tilly, 1966). and Industrialization of Rhineland IN Prussia the ground aristocracy - cadets dominated. Governmental
Interests of cadets. As a result development of the Rhine area after 1815 It was slowed down, as cadets interfered with realisation of all projects, Which could, distracting savings in railway building and in The industry to lead to an interest rate development for agriculture. The Prussian bureaucracy used the right to refuse incorporation, that To interfere with creation of the railway companies, and later - and banks.
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