Full text : The nature of capital and income

 

 

 

 

 

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TYPICAL CASES ILLUSTRATING THE EXISTENCE OF WEALTH BEHIND PROPERTY RIGHTS

 

NAME OF CASE

WEALTH ON WHICH
THE PROPERTY
RIGHT IS BASED

SERVICES OF THAT
WEALTH

DESCRIPTION OF PROPERTY
RIGHT

CERTIFICATE OF
OWNERSHIP, IF ANY

 

Fee Simple
Partnership

Jownt Stock
Different Usufructs

Street Franchise
Lease or Hire

Lease or Hire

Lease or Hire

Railway Ticket
Work Dues

Railroad Bond

Personal Note

Bank Note
Bank Deposit

Promises of Refrainup

Good Will of Newspaper

Irredeemable

money
Copyright

Paper

Patent Right
Monopoly Franchise

Tazing Power
Rights in Common

Government Property

farm yielding crops
yielding profits from

dry goods
sales

yielding profits

railway
yielding products

ranch

use of same for passage,
 etc.
use of same for shelter,
 ete.
driving

street
dwelling
horse and buggy

use of same for
amusement
transportation

his work

theater

railway
workman

payment of ‘‘interest”
 and ‘principal”

payment

railway

all the possessions of]
the signer

 

right to use it exclusively
forever
one partner’s “undivided onethird
 interest’
other partners’ ‘undivided
two-thirds interest”
the shares of stock
right of farming
right of lumbering
right of fishing
right of mining
right to run cars through it
right to run wires through it
right of tenant till fixed date
right of landlord thereafter
right of customer to an afternoon
 drive
residual rights of liveryman
right to opera box for season

right to specified trip
right of employer
formance of same
right to same and contingent
right to foreclose

to perright

 to same and in default
thereof right to collateral sedeed



articles of agreement



stock certificate
written contracts

charter

lease

none

receipt

ticket
written contract

bond certificate

note

 

 

 

bank building, cash, payment
and all wealth un-| mand
derlying bank
property
bank building, cash, p
and all wealth un-|
derlying bank
property
person and
(other) wealth | open
subscribers, adver-resubscribing
tisers, and their] readvertising
(other) wealth
general wealth of any uses thereof
community
general wealth of|leaving
community (per-| open
sons included) |
general wealth of|leaving
community (per- open
sons included) {
general wealth of|refraining from docommunity
 (per-| ing similar busisons
 included) | ness
general wealth of paying taxes
community
club building furni- use of same
ture and members|
streets, public parks, use of same
and buildings

on

ayment
mand

on

hisleaving the

and

the field

the field

 

dede-





curity

right to same on demand

right to same on demand

right to same

right of the “paper” to
chance of their patronage

right to portion of same

right to compel same
right to compel same
right to compel same

right of government to collect

right to use of same

right to walk over and otherwise
 use same

 

pass book

articles of agreement

none

paper money

official record
official record
charter

none
certificate

official recorded
plats, old grants,
individual dedications,
 deeds

 

 

 

 

 
            
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