The nature of capital and income

Bibliographic data

Monograph

Identifikator:: 102659555X

URN:: urn:nbn:de:zbw-retromon-82920

Document type:: Monograph

Author:: Fisher, Irving http://d-nb.info/gnd/118533541

Title:: The nature of capital and income

Place of publication:: New York

Publisher:: The Macmillan Company

Year of publication:: 1923

Scope:: XXI, 427 Seiten

Digitisation:: 2019

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Introduction. Fundamental concepts

Collection:: Economics Books

Sec. 10] PROPERTY 37 partial right is a right to a part of its uses. The partial rights are the only ones which make difficulty. The services of an article of wealth may be apportioned among different part owners in many ways. If they are divided longitudinally in time, the rights of the various coowners are similar to each other. The chief examples are the rights of partners and stockholders, and the less well-defined rights of the individual members of a club, family, or commune to the common property and all rights in common, and, finally, the rights to the different kinds of uses, as, for instance, where one person owns the right of farming a piece of land, another the right of mining its minerals, and a third the right of fishing in the streams which run through it. If the services are divided transversely in time, one per- son has the rights of all services up to a particular date, and another all the rights beyond that. The former person is called the tenant and the latter the landlord. If the services are limited both in time and also in quantity or value, we have still another group of property rights. These and other classes are seen in the following scheme of classification. [rights in common rights to different to services cut longitudinally { usufructs Complete (Fee Simple) £ partnership rights 2 ( joint stock shares Z lease g to services cut transversely reversion a 2 patent and copyright Gs bonds i ' private notes a promises 1 hank notes k deposits rights to definite parts ban p of services checks, drafts, and bills of exchange irredeemable paper money orders good will and custom taxing power | minor and indefinite {

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