Why Was The Office Of Commissioner of Corporations Abolished?
California’s first Commissioner of Corporations, Herschel L. Carnahan, took office in 1914, the same year that the office of the Commissioner of Corporations ceased to exist. This seeming contradiction is explained by the fact that the office abolished that year belonged to a federal, not state, official who headed an agency known as the Bureau of Corporations. In 1903, President Read more...
