1. A C corporation, also known as a regular corporation, automatically forms when a business becomes incorporated. A C corporation has a life of its own and maintains a legal existence separate from the owners of the company. A C corporation may accumulate its own assets or debts and assume all the rights granted to an individual
2. The Second Bank of the United States was chartered for many of the same reasons as its predecessor, the first bank of the united states. The war of 1812 had left a formidable debt. Inflation surged ever upward due to the ever-increasing amount of notes issued by private banks. Specie was jealously hoarded. For these reasons President Madison signed a bill authorizing the 2nd Bank in 1816 with a charter lasting 20 years
3. Between 1880 and 1900, cities in the United States grew at a dramatic rate. Owing most of their population growth to the expansion of industry, U.S. Industrial expansion and population growth radically changed the face of the nation's cities. Noise, traffic jams, slums, air pollution, and sanitation and health problems became commonplace. Mass transit, in the form of trolleys, cable cars, and subways, was built, and skyscrapers began to dominate city skylines. During the final years of the 1800s, industrial cities, with all the problems brought on by rapid population growth and lack of infrastructure to support the growth, occupied a special place in U.S. history. For all the problems, and there were many, the cities promoted a special bond between people and laid the foundation for the multiethnic, multicultural society.
