Search for: "Hoekstra v. Ford Motor Company"
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16 Aug 2012, 7:11 am
Ford Motor Company, wherein the shareholders objected because Henry Ford declined to pay a dividend and chose instead to invest profits in a smelting plant so as to reduce the price of the automobiles, not because it putatively related to a commercial purpose, but because of Ford's desire to effect social change - "the betterment of mankind. [read post]