Question

what are some examples of joint stock companies

Answer 1

the Chartered Bank of England and the Charter of the British South Africa Company, Statutory Company such as municipal councils, universities and central banks, and lastly Registered Corporation, both limited and unlimited.

Answer 2

For example, suppose Bob holds shares of Company ABC, a joint stock company. These shares give Bob a percentage of the vote on Company ABC's management decisions, board elections, etc. The shares also give Bob unlimited responsibility for company ABC's outstanding unpaid liabilities. In other words, unless Bob sells his shares of Company ABC, he is liable in whole and in part for principal and interest obligations on bonds or other outstanding loans.