In all of them the state had a financial interest either as shareholder or as entitled to part profits.4 This system of exploitation of the country was fruitful of evil, and was mainly responsible for the bad treatment of the natives.
In 1753, after the French had laid formal claim to this region and the Ohio Land Company had been formed with a view to establishing a settlement within it, Robert Dinwiddie, governor of Virginia and a shareholder in the Ohio Company, sent George Washington with a letter to " the commandant of the French forces on the Ohio " (then stationed at Fort Le Bceuf, near the present Waterford, about 115 m.
They may dispense with the disqualification of a parish or district councillor arising only by reason of his being a shareholder in a water company or similar company contracting with the council, and, as has above been stated, they have large powers of altering the boundaries of parishes.
Businesses that are operated from a shareholder perspective focus decisions on maximizing wealth of those who have ownership interest in the organization.
Every private limited company must have at least one shareholder.