Return-path:X-Andrew-Authenticated-as: 0;andrew.cmu.edu;Network-Mail Received: from andrew.cmu.edu via trymail for +dist+~js9b/Public/camc.dl@andrew.cmu.edu (->+dist+~js9b/Public/camc.dl) ID ; Wed, 1 Apr 1992 01:55:24 -0500 (EST) Received: from po5.andrew.cmu.edu via qmail ID ; Wed, 1 Apr 1992 01:54:22 -0500 (EST) Received: from ecl.psu.edu (eclb.psu.edu) by po5.andrew.cmu.edu (5.54/3.15) id for +dist+~js9b/Public/camc.dl; Wed, 1 Apr 92 01:53:50 EST Received: from vn-gateway by ecl.psu.edu with PMDF#10043; Wed, 1 Apr 1992 01:52 EST Received: by hogbbs.scol.pa.us (1.65/waf) via UUCP; Wed, 01 Apr 92 01:32:01 EST for +dist+~js9b/Public/camc.dl@andrew.cmu.edu Date: Wed, 01 Apr 92 01:28:43 EST From: wce@hogbbs.scol.pa.us (Bill Eichman) Subject: Last Entry? To: +dist+~js9b/Public/camc.dl@andrew.cmu.edu Message-Id: Organization: The Heart of Gold BBS, Lemont PA Comments: Validated Hi, all, Well, it looks as though this mailist may have died the quick death. Too bad. I am going to research the possibility of starting an electronic magazine devoted to this topic. So, hopefully, those of you who are genuinely interested can continue to participate. Jon, I'd appreciate it if you gave me some details of the mailist software, the number of members, etc.... Here's another bit of flotsam from my files on this topic..... ------------------------------------------------------------------------- Pioneering the 21st Century--summary--Bill Eichman wce@hogbbs.scol.pa.us ------------------------------------------------------------------------- Organization, Documents, and the Village Corporation ------------------- Our goal, then, is to produce a community with the efficiency, security, and profitabilty of the modern corporation, combined with the emotional warmth, ecological soundness, and creative intimacy of the traditional tribal village. There are four ways in which we can organize these new villages that can accomnplish these goals, and at the same time avoid the problems that have plauged intentional comunities in the past: (1) The For-Profit Incorporation (The typical projected form of these proposed corporate villages, especially once the first experiments have been performed, and the first bugs worked out of the plans.) (2) The Non-Profit Incorporation (Presumably the first corporate villages will be non-profit, run as experimental test-models, with a fair proportion of community capital invested in recording, measuring, documenting the corporate experiments, and publishing reports, tapes, and software to help run future communities [or to warn off others from a bad idea, if the data so indicate].) (3) The Incorporated Church (In the US, and in some instances, it may be a good idea to experiment with running these communities as a "religion", in effect forming a Church of Planet Earth to teach a new way of life.) (4) The Employee-Owned Partnership (Smaller comunity experiments could be formed with minimal paperwork and rather more informality and risk, using the unincorporated partnership format, in effect creating an employee owned business most of the time, though true partnerships may also be used.) .....And, of course, several more informal possibilities, which include: (5) Private Club (Just like it sounds, a casual, non-documented association-- presumably most village experiments will start as essentially private clubs of interested people.) (6) Scoff-law Private Organizations (A private club, or documented organization, that builds communities on land that it owns without consulting with local governments or paying building code fees, or a nomadic village, and similar scoflaw activities.) (7) Outside-of-the-law Private Organizations (A private club, by definition not documented, that forms such a village by squatting, or just taking remote federal land, or uses other methods to stake out a land claim and build a 'secret' community.) ----------------- The essence of the corporate village exists in two documents-- The corporate constitution and the employee-stockholder membership contract. Together, these two documents turn these group efforts from unorganized communal experiments to clearly defined entreprenuerial businesses. The corporate constitution is ratified at the very beginning of the corporate tribes existence, and is in effect simply the articles of incorporation and bylaws typical of any conventional corporation adapted to the needs of a businees fused with community living. The membership contract is negotiated with each new member, prior to their formal entry into the corporate tribe, and it spells out the expected responsibilities of the new member, and the corresponding responsibilities of the tribe. It also describes specifically the 'exit' proceedures to be used if the relationship between new member and tribe do not work out. ----------------- A typical situation might be as follows-- The Pan-Earth Corporation (;-}) is meeting with prospective new members, a couple, married and pregnant. The male is an archtitectural student, with experience in plastics manufacturing, and the female has experience in retail management. They agree to sign a contract that will eventually give them three shares apeice, and three more for their future child, plus an option to sign up for more shares. The shares themselves would ordinarily sell for 2500 dollars apeice, a price established by the board of directers of the corporation, subject to approval vote by all voting members. The new members agree to pay 500 in cash up front as partial payment for their shares, and agree to perform ten hours of labor a week, above and beyond the ten hours required of all members whatsoever, labor of profit to the corporation to pay off over time the rest of the money they owe for the 9 shares. The contract has a five year duration, and an interest rate comparable to the rate on borrowed dollars is applied to the "sweat equity" being agreed upon by the new members and the corporation, and the precise work hours are calculated at an agred rate, and otherwise properly amortized over time, so that the new members can see for themselves wether or not the contract is completely fair. Provisions are made for a 'more-rapid-than-anticipated' payback, in the event that the members want to switch, after training, to more valuable work, and thus pay back the remainder more quickly. Likewise if the couple decides to buy the shares outright. Provisions are also made for the calculation and payback of the investment that the new members risked in the event that the new members decide that this particular corporation is not for them. Naturally, this includes some calculation algorythms that protect the community by deducting from the investment the value of the benfits that the new members have recieved while they lived in the community, using community housing and community facilities. In this contract the community describes the type of housing that it guarentees, the benfits such as access to education, use of the business incubator facilities, health insurance, and other values that the community offers to the new members as the "special rights" that shareholder status confers. --------------------- The design of these contracts will be a special concern of the first community experiments. Ideally, in time, an expert software package would be generated that would include clauses for almost all possibilties, stored in a database, and ready to be custom adapted to the specific needs of nearly any corporation-and-member negotiation. Following are several examples of the types of contracts that we are suggesting: (Specific Contract Forms inserted here) --------------------- prev message next message