Word: boundingly
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...poorly attended annual meeting affords no guarantee whatever of such a verdict. The men in charge of the Co-operative Society are entitled to an intelligent verdict, not only in their own interest, but above all in the interest of third persons and innocent persons whom they are morally bound to protect. Reversals of policy are liable to mean changes in the persons employed in the Society's stores. So long as the Directors are not secured against being turned out of office by the vote of an insignificant minority who may not represent the permanent judgment of the Society...
...cities of this evil is for men to work to overthrow the rule as forcefully as the bosses work to establish it. The present conditions of corruption are due to politics and hypocrisy. If laws even though wrong stand on the statute books, then the officers are in duty bound to enforce them...
...democratic bodies. Those dangers are: unwillingness to pay the salaries that will retain men of distinguished efficiency; unwillingness to trust the expert; and the belief that the man put into office by accident, or through the activity of an insignificant minority, can intervene intelligently, and is in duty bound to intervene in matters of detail...
...soon as the stockholders get control. But they do not point to any specific harm that is likely to befall, and if they stop to think a moment, they will see how absurd such a supposition is. Is it conceivable that members of the Faculty, who are legally bound by the conditions on which they receive their stock not to make personal profit out of the business, whose interests are closely bound with those of the students, who are peculiarly subject to popular opinion, and finally who are under the control of the President and Fellows of Harvard University, would...
...Laws, which the members of the Society are invited to examine at the office of the Society are not anything which the proposed stockholders will be bound by, but which they may change at any time. The only limitations on the powers of the stockholders are: (1) that they shall make no personal profit as stockholders, and (2) that they shall divide profits each year into dividends and capital, the relative amounts of each being, however, as the Directors determine. The members cannot be sure then that, if they vote away their control, the present method of management will last...