Black Corporation
From B Nomic
This page is thought to be accurate as of 00:00 UTC, November 16, 2008 by its then editor, Billy Pilgrim.
Contents |
Articles of Incorporation
1. The name of this corporation is Black Corporation. This contract is the Articles of Incorporation for this Corporation. Any party to this Contract may freely cease to be a party to this Contract. No Player can become a party to this Contract.
2. A Voting Sockholder is an object defined by this Contract, and can be referred to as a VS. Only a Player may become a Voting Sockholder, and only as specified in this Contract. A Voting Sockholder ceases to be a Voting Sockholder if and only if: he ceases to be a Player OR he ceases to own a Black Sock. If a Player is a member (a term previously used by this Contract) of this Contract or Corporation he ceases to be so and becomes instead a Voting Sockholder. The Player named j can become a Voting Sockholder at any time, unless he would cease to be a Voting Sockholder if he were one.
3. Any Voting Sockholder may attempt to amend this contract by posting a Motion by announcement within its own message thread. The Motion is a Game Document and should specify a list of Contract Actions. Each Voting Sockholder may cast a single vote FOR, AGAINST, or ABSTAIN on this contract's Motions, and may change his cast vote at any time. After two full rdays, the Voting Sockholder who initiated the Motion may resolve that Motion. If a Motion is not resolved in six full rdays after it is announced it automatically fails. When a Motion is resolved if the total number of FOR votes is greater than the number of AGAINST votes the changes described in the Motion are enacted. If at any time all Voting Sockholders have voted FOR a Motion, and it has not failed, it is automatically resolved.
4. Any Potential Sockholder may purchase a Black sock owned by the Black Corporation by paying the Issue Price to the Black Corporation. When a Potential Sockholder transfers a Black sock to the Black Corporation, the Chamberlain is not obligated to transfer the Issue Price from the Black Corporation to the Potential Sockholder. The Issue Price is currently m100.
5. The two Officers of the Black Corporation are the Chamberlain and the Figurehead. No Player may hold more than one Office within the Black Corporation simultaneously. The Officers are not authorized to act in behalf of the Corporation unless this Contract or a Motion arising from it authorizes or obligates them to. The Voting Sockholders are responsible for ensuring this corporation fulfills it's obligations by enabling its Officers to act on behalf of the corporation in a manner specified in this contract. Officers may resign their Office by announcement.
6. The following are Contract Actions:
- Amendment - A change to the Articles of Incorporation
- Installation - Causing a specific Voting Sockholder to become the holder of a specific Office in this Corporation
- Issue - Creating a number of Black socks in the possession of this Corporation
- Deissue - Causing any number of Black socks held by the Corporation to be destroyed
- Dividend - Causing the Corporation to transfer an equal number of macks to each Voting Sockholder of this Corporation
- Authorization - Enabling and obligating an Officer of this Corporation to perform a specific act not otherwise specified in this contract on behalf of this Corporation
7. The Chamberlain is obligated and authorized to fulfill all changes called for in the Budget (see below), and is responsible for tracking all the Black Corporation's financial state. The Chamberlain is also responsible for proposing Budget innovations and novel mackerel-making ventures (though any Voting Sockholder may do so) and seeking authorization from Voting Sockholders to carry out the required actions. The Chamberlain must maintain an up-to-date display of the Black Corporation's ministerial holdings, delegated duties, and employment contracts.
8. All Voting Sockholders are to ensure the continued success of the Black Corporation by changing Proposal Colors to Black. The Figurehead is responsible for Maintaining Maximum Morale!
9. The following is the current Budget:
- Company Income for any nweek is defined as the sum of all mackerel gained by the Black Corporation during that nweek (sources include, but are not limited to, Proposal Earnings, Ministerial Rewards, and Sock Transactions) minus the Issue Price multiplied by the number of Black socks transferred to the Black Corporation during that nweek.
- On nday 1, the Black Corporation must transfer 25% of Company Income for the previous nweek to the Chamberlain.
- On nday 1, the Black Corporation must evenly dividend the rest of the Company Income for the previous nweek to the Voting Sockholders of this contract. Any remainder after division will be kept by Black Corporation.
- If, for any reason, the Black Corporation lacks sufficient funds to execute any of the above transfers, this transfer is to be executed partially, using up all available mackerel. Transfers listed below this point are to be disregarded for the current nweek.
- Leftover funds are to be saved for potential future ventures embarked upon by the Black Corporation following the will of its Voting Sockholders.
/* END OF CONTRACT */
Current Motions
None
Issue Price
(see the Articles of Incorporation)
Budget
nweek 148
Company Income for nweek 147 was m300. Nobody was in office, so nobody gets a mack transfer. BlackMack = 700.
m50 given to Wooble to Usurp the MoM. BlackMack = 650.
m100 given to Black Corporation by 0x44 to purchase a Sock. BlackMack = 750.
Received m200 for Passed Proposals. BlackMack = 950
nweek 149
Company Income for nweek 148 was m250. Chamberlain Billy Pilgrim transferred m75. There was no Taskmaster. BlackMack = 875.
Dividended m275 to each of the 3 members (0x44, BP, Ty-Guy6). BlackMack = 50.
Received m200 for Passed Proposals. BlackMack = 250.
nweek 150
Company Income for nweek 149 was m200. Chamberlain Billy Pilgrim is transferred m50. BlackMack = 200.
Dividended m37 to each of the 4 Voting Sockholders (0x44, BP, Ty-Guy6, j). BlackMack = 52.
nweek 151
Company Income for nweek 150 was m300. Chamberlain Billy Pilgrim is transferred m75. BlackMack = 277.
Dividended m56 to each of the 4 Voting Sockholders (0x44, BP, Ty-Guy6, j). BlackMack = 53.
nweek 152
Company Income for nweek 150 was m600. Chamberlain Billy Pilgrim is transferred m150. BlackMack = 503.
Dividended m112 to each of the 4 Voting Sockholders (0x44, BP, Ty-Guy6, j). BlackMack = 55.
