Sec.12. Again, all these government corporations differ from
incorporated business companies. In forming a town or city, many
persons are brought into the corporation against their wishes or
consent; because, in governments, all who live within certain
prescribed bounds must come under the same laws; but of an
incorporated business association, as of a common business
partnership, none become members but by their own act or choice.
There is another difference: The latter are what are called
stock companies; and although they may be continued after the
death of the first corporators, those who afterward come into
the association, do so by becoming owners of the capital stock
of those who preceded them. This latter difference will more
clearly appear from the more particular description, elsewhere
given, of the incorporated companies, and of the manner in which
the stock is transferred. (Chap. XXIII, Sec.11—15.) Judicial
Department. Justices’ Courts. Sec.1. Having seen how the
legislative and executive departme