Last week the Cabinet of Marshal Henri Philippe Petain issued its first decrees regulating commerce. In a batch of 46 laws, 26 decrees and 33 administrative orderswhich for the first time in history caused a day's delay in publication of the Journal Officielboards of corporations were restricted to not more than twelve or fewer than three members. The president of a company must be an active participant in its management and president and board are personally liable for all the company's debts. All abuses of the capitalistic system, Finance Minister Marcel Yves Bouthillier said, evolved around the "irresponsibility of the chiefs...
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