The ESBT is the only trust that can hold S Corporation stock, have more than one beneficiary, and allow the trustee discretion over distributions, without causing a loss of the S corporation election.
Affair of the Placards The Affair of the Placards (French: Affaire des Placards) was an incident in which anti-Catholic posters appeared in public places in Paris and in four major provincial cities: Blois, Rouen, Tours and OrlÃ©ans, overnight during 17 October 1534.
The XYZ Affair and the Quasi-War with France, 1798â1800. The XYZ Affair was a diplomatic incident between French and United States diplomats that resulted in a limited, undeclared war known as the Quasi-War. U.S. and French negotiators restored peace with the Convention of 1800, also known as the Treaty of Mortefontaine. Elbridge Gerry. In the late 1700s, the final French Revolutionary government, the Directory, was experiencing problems financing its European wars. Many leaders were also angry that the United States had concluded the Jay Treaty with Great Britain in 1794.