Corporate Successor
As a corporate entity, the corporation known as The Proprietors of the Susquehanna Canal still exists, having been purchased by the Philadelphia Electric Company, and now owned by its successor, Exelon. Its rights as a Maryland corporation dating to 1783, allowed the construction of the Conowingo Dam.
Read more about this topic: Susquehanna And Tidewater Canal
Famous quotes containing the words corporate and/or successor:
““It’s hard enough to adjust [to the lack of control] in the beginning,” says a corporate vice president and single mother. “But then you realize that everything keeps changing, so you never regain control. I was just learning to take care of the belly-button stump, when it fell off. I had just learned to make formula really efficiently, when Sarah stopped using it.””
—Anne C. Weisberg (20th century)
“The name of a successor is like the tolling of my own death-bell!”
—Elizabeth I (1533–1603)