Article IV, Part Third, Section 14 of the maine State Constitution

Article IV, Part Third, Section 14 of the Maine State Constitution says:

Corporations shall be formed under general laws, and shall not be created by special Acts of the Legislature, except for municipal purposes, and in cases where the objects of the corporation cannot otherwise be attained, and, however formed , they shall forever be subject of the general laws of the state ( emphasis mine)

Quote from the legislative Charter for Brunswick Landing Maine's Center for Innovation : The Midcoast Regional Redevelopment Authority is established as a body corporate and politic and a public instrumentality of the State to carry out the purposes of this article. The authority is entrusted with acquiring and managing the properties within the geographic boundaries of Brunswick Naval Air Station. [2009, c. 641,
§1 (AMD).]
1. Powers. The authority is a public municipal corporation and may:D. Exercise the power of eminent domain; [2005, c. 599, §1 (NEW).]


Tuesday, November 25, 2014

Preserving The American Political Philosophy: 1977 The Maine Capital Corporation - Seeding The Hegemony

A report procured from the Maine law Library dated 1976 and on the subject of chartering by a special act of legislation, The Maine Development Foundation Corporation reveals that contingent to that was another corporate charter by special act of legislation - that of the Maine Capital Corporation- chartered as a private corporation with special access to taxpayer money in the form of tax credits given to those who purchased stock in the Maine Capital Corporation