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Owning stock in a publicly-traded company, change in your rights?

MAC702

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The Big Guy said:
...A publically held company who is open to the general public should not have the right to ban me from possessing my right to self-defense. What if I am a stock holder?...

TBG mentioned this on another thread, and I missed it at the time. I'm surprised I've not seen other discussions on this.

If I own stock in Apple, and I OC at their store, what can they do? Does the manager (who works for the shareholders, right?) outrank me in this regard?

Or am I now actually bound by company policy regarding employees maybe, and am worse off than before?

Am I somehow seeing a false premise, or is this a really good question?
 

Frantic84

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TBG mentioned this on another thread, and I missed it at the time. I'm surprised I've not seen other discussions on this.

If I own stock in Apple, and I OC at their store, what can they do? Does the manager (who works for the shareholders, right?) outrank me in this regard?

Or am I now actually bound by company policy regarding employees maybe, and am worse off than before?

Am I somehow seeing a false premise, or is this a really good question?

In my opinion I would say that generally on the IN STORE level you are more a customer and should abide by the private property rights of said company. That said if you are a stock holder do you have a vote? if so bring it up and seek change for exemption or better yet to allow as a company OC to everyone.
 

Merlin

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Opinion:

Being a stockholder doesn't put you above company policy, it just allows you to vote on company policy (if you have voting shares).

Does it make you different than a regular customer? No. Stockholder!=Employee.

Sent from my Xoom using Tapatalk 2
 

The Big Guy

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Even more than do you have rights as a shareholder, does a corp. have the same rights as an individual? Unfortunately, wrongly in my opinion, SCOTUS said that Corporations are people too. I believe that the Bill of Rights was written for individuals specifically NOT the many. How can a Corporation be bestowed with certain unalienable rights by their creator? This is exactly why we have a republic and not a democracy. The individual MUST be protected from the whims of the many. The rights of a board of directors DO NOT trump my rights!

Ask yourself this. We pretty much all agree that we have a right to carry in a public building don’t we? One owned by the citizens and they have no right to interfere with that right. Why? because the rights of the individual are NOT trumped by the many (the state). Isn't it the same thing with a corporation who is owned by perhaps thousands or millions of citizens and who open their doors to the general public? How can this corporation require me to leave my rights at the door? There is a BIG difference between private personal property (Mom & Pop) and a publically held corporation. Corporate property that is open to the general public is not the same thing as my personal property rights. If we bestow individual rights on corporations on the same level as the individual, how far are we from bestowing those same rights upon government?

TBG
 

NAVYBLUE

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IANAL, but multiple Supreme Court decisions have ascertained that private property owners have the right to establish their own rules on their property whether publicly traded or not as long as they don't violate federal or state laws. The 2nd amendment guarantees you the right to bear arms, NOT the right to violate other peoples private property rules. Same as free speech and yelling fire falsely in a crowded theater. Personally I think it sucks, but the hoplophobes don't understand the real world

I am all for not shopping at NO GUNS stores, but I don't want to "force" my views on any private store.

I want to "boil" the frog slowly before it is too late for them.

1. Write letters to the local store manager

2. No change to the rules, write the corporate headquarters

3. No change, have the "Forum Owner" send a letter to CEO and show we have put you on a NO GUNS=NO SHOPPING list and have distributed your name to all our forum members and asked them to pass it on to all their friends, neighbors, military fraternities and relatives and to other pro 2nd amendment sites because we feel it is unsafe to shop at your store.

4. Go to the store, buy hundreds to thousands of dollars of items and when you get to the checkout counter and BEFORE they start to ring up items ask to see the manager. When the manager comes, explain that your spouse/wife/friend just informed you that there was a NO GUNS sign at the front of the store and you have changed your mind and don't feel safe in a store that would allow criminals who don't care what your sign says to come in and shoot innocent people in a robbery. While waiting for the manager, take a picture of your purchases and send to the CEO with a letter of why you declined to complete your purchases.

5. Write letters to the LVRJ and explain how unsafe YOU personally felt in XXX store by name and address as they think it's OK for criminals to come in to their store weapons but have no problem leaving you defenseless as they prohibit you a non criminal to defend your self.

Enough people do that it will SLOWLY change as WE are trying to turn around a ship that has been heading in the wrong direction since 1964 when America started going to hell in a hand basket. They ONLY understand the bottom line. That's why the LEFT is so successful.

NAVYBLUE
 
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DON`T TREAD ON ME

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To TBG's Argument about public Corps owned by Citizens and the Govt. owned by Citizens This "due Proccess" Claim has had some success particularly after the CIvil war. The big problem, or saving grace is The Constitution does not bind the arms of Corporations. It restricts the Government only. The recent SCOTUS case you brought up, Shows how important that becomes.

* If Corps are held to the same constitutional limits as the Govt.
* A decision making individuals and Corps. the same in entity, would have a very limiting effect on the rights of the people.
* Remember if we limit ourselves, To the federal govt. level, the state excercises the rest of the power. You will correct me and say we the people are included in with the state. not if we Consent we are not, just look at human history.
As for the cite on Civil war era, Check out the Cruishank (sp) and slaughterhouse cases.
 

Merlin

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Even more than do you have rights as a shareholder, does a corp. have the same rights as an individual? Unfortunately, wrongly in my opinion, SCOTUS said that Corporations are people too.

Agreed. I know a lot of righties were in support of this decision because it allowed corps to support political campaigns, but it was a bad decision for the US. It will be bad on so many levels for decades to come. The unintended consequences shall be many, not few.

The rights of a board of directors DO NOT trump my rights!

Ask yourself this. We pretty much all agree that we have a right to carry in a public building don’t we? One owned by the citizens and they have no right to interfere with that right. Why? because the rights of the individual are NOT trumped by the many (the state). Isn't it the same thing with a corporation who is owned by perhaps thousands or millions of citizens and who open their doors to the general public? How can this corporation require me to leave my rights at the door? There is a BIG difference between private personal property (Mom & Pop) and a publically held corporation. Corporate property that is open to the general public is not the same thing as my personal property rights. If we bestow individual rights on corporations on the same level as the individual, how far are we from bestowing those same rights upon government?

TBG

Good point. I had to think about this. So if I understand your point here, it is to identify a publicly traded corporation (PTC) as something different than a private company, right? So a private company can exercise private property rights, but a
PTC can't because it is publicly traded?

Hmm.. No, I don't think I can accept that. The way I come to this conclusion is to try to find a way to be my own devils advocate. Lets say it is NOT 2a, but instead 1a that someone wants to exercise in the Apple Store. Should they have the right to picket in the showroom? I don't think so. I think (both constitutionally and philosophically) the PTC has the right to trespass them from the property. Can they picket outside, on the sidewalk? You bet. In fact, please do. In fact, exercise your 1a about your 2a outside on the sidewalk.

As for the slippery slope argument of allowing corporations to deny me 2a while on their property turning into the government doing the same, I just don't see the path. Government is us. PTC's are not, although I understand your argument that by being PTC's, they are similar. I get that, but I don't think it is enough to force their hand on something like this. SEC requirements of Open Records? Sure, but that is there to protect investors from scams and such. Not really a constitutional argument, more of a mechanism to keep the whole PTC concept viable.

I think the answer to this (and the CO incident is a good example of this), is Tim's answer. They can choose to not permit firearms, but they do so at their own peril/liability. In other words, if every one of the families and patrons of the theater that night sued the theater for denying them their ability to defend themselves, and making them defenseless victims, failing to provide a safe environment, etc, I think that is the proper approach. Leverage liability. Hell, the reason that they deny OC/CC in the first place is probably a fear of liability. So that just needs to be balanced against an equal liability. If the liability for disarming your patrons is the same as leaving well enough alone, then it's a wash. The crazy part is that I can't see anyone making an argument of liability on the part of the theater if they didn't deny OC/CC. In other words, they don't have to PERMIT it. It's already constitutionally protected. Like Walmart, the right policy is no policy.

Now, I am not naive enough to think that Cinemark would just acquiesce and allow OC/CC. No, they would try to put in metal detectors. But there are multiple problems with that. First, it will reduce ticket sales. Nobody likes going through security. We do it at the airport because we have little choice. But at the theater? **** that. I'll wait for DVD. Also, guns aren't the only hazard that patrons are potentially exposed to. There are plenty of things that would pass through a metal detector. But a gun still has a chance of stopping the assailaint.

I think the message that we need to stick to on this front is this:

1. The best policy is no policy.
2. If you disarm me, I will not do business with you if I can help it.
3. If you disarm me, and I DO choose to do business with you anyway, you are on the hook for my safety.
4. I will actively seek out business that respect my rights, and I will let them know that I chose them, at least in part, based on that.

I am open to the topic, but I am unconvinced as of yet. But you did get me thinking about it in a way I had not previously considered. :)
 

The Big Guy

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The Constitution does not bind the arms of Corporations. It restricts the Government only. The recent SCOTUS case you brought up, Shows how important that becomes.

.

You are correct when you say that the constitution, specifically the bill of rights, does not bind the arms of corporations, but neither does it grant them life. A corporation is an artificial (read: manmade) entity and therefore not endowed with our unalienable rights.

You are correct when you say it binds the hands of government but it also acknowledges those individual rights that the government may not usurp. As stated in our Declaration of Independence how can an artificial entity enjoy the right to "life, liberty and the pursuit of happiness"?

I realize that corp. rights are the law of the land but I on a personal level find it reprehensible. I am a man, I have life and I do not bow before anything man made.

TBG
 

The Big Guy

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Lets say it is NOT 2a, but instead 1a that someone wants to exercise in the Apple Store. Should they have the right to picket in the showroom?

First let me say one quick thing about the 1A in general. The free speech portion of the Constitution is in regard to the sharing of ideas, redress of grievances (government), and freedom of the press. It is not about being able to say anything you want, anyplace you want, anytime you want, anyway you want.

In answer to your question, No. Do you have a right to picket in the chamber of your local city council? You will be tossed out. Protest in that manner, in that place would disrupt the right of other people (Individuals) to conduct their business. In that instance you would have other, better avenues to get your message accross.

Let's look at it this way. I go into that same Apple store with a "T" shirt that says "ABOLISH THE FEDERAL RESERVE AND THE IRS". Can they tell me I can't shop the store while wearing that shirt, hell no! In this regard I am exercising my sharing of ideas without disrupting the commerce of other of my fellow citizens. My rights are preserved without stomping on someone else’s.

Though I feel strongly about this issue, let me also say that with the world in the shape it's in, the issues facing us, this is at the bottom of my list of things to spend too much time on. In other words it's a good discussion topic but I would not be writing my representatives about it.

TBG
 
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DON`T TREAD ON ME

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First let me say one quick thing about the 1A in general. The free speech portion of the Constitution is in regard to the sharing of ideas, redress of grievances (government), and freedom of the press. It is not about being able to say anything you want, anyplace you want, anytime you want, anyway you want.

In answer to your question, No. Do you have a right to picket in the chamber of your local city council? You will be tossed out. Protest in that manner, in that place would disrupt the right of other people (Individuals) to conduct their business. In that instance you would have other, better avenues to get your message accross.

Let's look at it this way. I go into that same Apple store with a "T" shirt that says "ABOLISH THE FEDERAL RESERVE AND THE IRS". Can they tell me I can't shop the store while wearing that shirt, hell no! In this regard I am exercising my sharing of ideas without disrupting the commerce of other of my fellow citizens. My rights are preserved without stomping on someone else’s.

Though I feel strongly about this issue, let me also say that with the world in the shape it's in, the issues facing us, this is at the bottom of my list of things to spend too much time on. In other words it's a good discussion topic but I would not be writing my representatives about it.

TBG

If you are correct, the "NO SHOES NO SHIRTS NO SERVICE" signs at the 7-11 are unconstitutional? Or am I mistaken?
 

The Big Guy

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If you are correct, the "NO SHOES NO SHIRTS NO SERVICE" signs at the 7-11 are unconstitutional? Or am I mistaken?

I don't know of any one of the bill of rights that would cover that. I can't imagine given the time the Constitution was written that the framers could have ever thought anyone would think that was ok. They I'm sure would not have thought porn was a protected method of free speech either and could never have comprehended otherwise.

Same with the size and scope of modern day international corporations. They did however fear the coroprate state.

TBG
 

DON`T TREAD ON ME

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If I remember correctly that is a health/safety /insurance issue.

Can't they all? If I have an apple store, with a black employee, and TBG walks in with a KKK support shirt, can I construe that as a safety issue?

He sees the first amendment. He would be OK if it were on property occupied by a political subdivision of the govt. It is a property issue! you have no right to someones elses property!

Since the first ammendment was brought up, can someone point out where it is stated thaat the people, are beholdinfg to it?
 

The Big Guy

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If I remember correctly that is a health/safety /insurance issue.

Can't they all? If I have an apple store, with a black employee, and TBG walks in with a KKK support shirt, can I construe that as a safety issue?

He sees the first amendment. He would be OK if it were on property occupied by a political subdivision of the govt. It is a property issue! you have no right to someones elses property!

Since the first ammendment was brought up, can someone point out where it is stated thaat the people, are beholdinfg to it?

With regard to the KKK shirt, no, not without some overt action by the person so wearing it.

With regard to "you have no right to someone else’s property". It is not a taking. It is simply using property for a commercial purpose after being invited in.

Who is this someone? "Someone" by my limited definition is a person. Giving human rights to an entity created by government on paper is disturbing to me.

Where do property rights end? Carrying it to the ridiculous extreme, can I say you have no right to your life while on my property? Can I say you can't breathe while on my property? Can I say wheelchairs or crutches are not allowed because you might trip someone? Blind people are not allowed because they may run into another customer while in my store? What about a young black male that looks like he may be a gang banger? "His presence scares other customers in my store and I don't know if he is going to pull a gun and rob the place in spite of my NO FIREARMS allowed sign".

My question is, are property rights the be all end all of rights? Do property rights trump all other rights?

My answer is, if it is private, meaning personal property, mostly yes but even that has limits. If it is corporate property, only when it comes down to the activity or presence is a direct interference or imminent danger to other people so using that property.

It is a dilemma to us mere mortals that we have a hard time delineating where the line is, but it is good that reasonable men and women can ponder it in the light of day.

TBG
 

Merlin

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Here's a thought on another way to look at this:

If I understood correctly, you support the private property rights of an individual, right?

So how is a corporation different than an individual, for this particular case? In other words, a corporation is just a collection of people, who have elected to have their collective wishes acted out by a board of directors, etc. When you get right down to it, a mom&pop is something of a 2-person corp, right? So at what point does the mom&pop lose their private property rights? When they bring their son into it? Or his friend? Or 3 million of their closest friends and neighbors?

Now, with that said, this example does not extend to voting for political offices and such (and by extension, campaign support), because the individuals that make up the corp get 1 vote, and it is direct, not proxied.

Corporations are not people, but they can carry out the will of their ownership.

I'm not really disagreeing with your philosophy, more just spitballin' different angles to the discussion.
 

The Big Guy

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Here's a thought on another way to look at this:

If I understood correctly, you support the private property rights of an individual, right?

So how is a corporation different than an individual, for this particular case? In other words, a corporation is just a collection of people, who have elected to have their collective wishes acted out by a board of directors, etc. When you get right down to it, a mom&pop is something of a 2-person corp, right? So at what point does the mom&pop lose their private property rights? When they bring their son into it? Or his friend? Or 3 million of their closest friends and neighbors?

Now, with that said, this example does not extend to voting for political offices and such (and by extension, campaign support), because the individuals that make up the corp get 1 vote, and it is direct, not proxied.

Corporations are not people, but they can carry out the will of their ownership.

I'm not really disagreeing with your philosophy, more just spitballin' different angles to the discussion.

What makes you believe they are carrying out the will of the ownership (stockholders)? We can't even the gubment to do our bidding (joke, sort of).

This is an example of where do you draw the line. Yes, Mom/Pop may be incorporated but for all general purposes it is wholly owned. A publically traded corporation is an animal unto itself.

You put another wild thought into my pea size brain. If a publically traded corporation is bestowed the rights of a living breathing being with regard to one of our unalienable rights and they are treated as an individual with regard to property, by extension shouldn't they be afforded all of our individual rights?

TBG
 

DON`T TREAD ON ME

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If I remember correctly, in the campaign fund case that has you seeing red, The SCOTUS used a narrower criteria than "bestowing" living breathing rights on corps. the question asked and answered, as I remember was for the sake of donating money to a candidate, does a corporation perform the same role as a person who is the same as a sole proprieter.

Remember that many people are tied to their businesses, and vice versa. should the structure of your business prevent or limit you from donating to the candidate of your choice?
Scenario​
I cashed in my retirement,(which was based on publicly traded commodities,) and purchased a hot dog cart, as a sole proprieter. Paid the county for a license and worked a deal with the county to rent a piece of "easement" on a main street to put my hot dog cart on. Business goes good, so I buy a deluxe Dog cart, couldn't afford it all in one shot so I brought in an investor, the bank. Things are going good but I am getting "copy cats" springing up. In an effort to push back my competition, I take in a partner, change from sole proprieter to LLC and expand my business. The partner invested capital in my company and together we kicked butt on the competition, took over the town and started looking outward. We developed a franchise plan and implemented it, taking on investers/franchisees from all the states. Soon the formula was so succsessfull we were offered a position of trade with Dow Jones, we eventually accepted and grew evem more. Now Treads hot dog stands are everywhere, ......... My question is, at what point did I lose the right to not serve someone because I found them annoying?
 

The Big Guy

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If I remember correctly, in the campaign fund case that has you seeing red, The SCOTUS used a narrower criteria than "bestowing" living breathing rights on corps. the question asked and answered, as I remember was for the sake of donating money to a candidate, does a corporation perform the same role as a person who is the same as a sole proprieter.

Remember that many people are tied to their businesses, and vice versa. should the structure of your business prevent or limit you from donating to the candidate of your choice?
Scenario​
I cashed in my retirement,(which was based on publicly traded commodities,) and purchased a hot dog cart, as a sole proprieter. Paid the county for a license and worked a deal with the county to rent a piece of "easement" on a main street to put my hot dog cart on. Business goes good, so I buy a deluxe Dog cart, couldn't afford it all in one shot so I brought in an investor, the bank. Things are going good but I am getting "copy cats" springing up. In an effort to push back my competition, I take in a partner, change from sole proprieter to LLC and expand my business. The partner invested capital in my company and together we kicked butt on the competition, took over the town and started looking outward. We developed a franchise plan and implemented it, taking on investers/franchisees from all the states. Soon the formula was so succsessfull we were offered a position of trade with Dow Jones, we eventually accepted and grew evem more. Now Treads hot dog stands are everywhere, ......... My question is, at what point did I lose the right to not serve someone because I found them annoying?

Where do you draw the line? In my mind, when you no longer were wholly owned and became publically traded. The company has gone from being your alter ego to a corporation with a corporate government (board of directors and executive branch) who are responsible to the citizens (stockholders) who the corporate govenment works for.

TBG
 

The Big Guy

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Judge Napolitano sums things up nicely. I admire him very much. I don't completely agree with him as I think an individual’s private property is sacred be it home or business. However he certainly makes me think about even my limited stand. If you've seen this, it is worth watching again.

http://www.youtube.com/watch?v=GP1Wgkh5MeE

I was thinking about the discussion on this thread. What comes to mind is that we are dissolving this nation as founded. In my opinion the turning point was when, and I can't put a finger on exactly when it happened as it is more of a slippery slope, we started to think less in terms of the individual and more about the collective. This was founded as a nation of sovereigns where the individual was of most importance. That old life, liberty and the pursuit of happiness thing. It continues to get worse as we stay this path. When we grant to the collective what once was reserved to us as free citizens then I believe this once great nation is lost. We became the greatest nation on earth not by the collective but by the individual.

TBG
 
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