The Origins of Corporations: The Mills of Toulouse in the Middle Ages by Germain Sicard Details
Germain Secard, the first company in Europe to have been a miller in the 14th century, Toulouse, instead of the English Mercury XVII and Dutch commercial companies as commonly believed.…
Germain Secard, the first company in Europe to have been a miller in the 14th century, Toulouse, instead of the English Mercury XVII and Dutch commercial companies as commonly believed. He explains that the company's model derives from a unique medieval ownership contract called Parigi, a culture of strong property rights and autonomy for the municipality.
Based on archival research, the 1952 Seccard letter was translated into English with an introduction that places the work in the context of the new institutional economy and legal theory. It is an important contribution to the history and legal assets of the institution..
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