Re: Aboard the Longshot
In reply to Kheaiftouaw (msg # 11):
"Yup, yup, yup." Vonon, again, nods in agreement, "Like Khea says--right now all we need is just something like a Free Trader Profit Sharing agreement. We let the 'corporate' minutia be handled by the extant structure of shipboard responsibility--the Ships Officer structure--there's only us right now, after all, it's not like we have investors."
"We leave the bigtime incorporation stuff until we start acquiring real property--other ships, planet-based warehouses, contracted trade routes...our own planets!"
"For the most part we let the Captain be the Company Boss. That's not to say that, when we can, if there's time in the deal making, we don't all get together--like now--and have a pow-wow about deals we're offered or might pursue. If it makes anyone happy, call that a Board Meeting or call it a Crew Meeting, same thing either way."
"But, if time is critical, the Captain--that's still you, Sir Walter--can go ahead and make deals and contracts on his own initiative--just like a Free Trader Captain."
"Everyone is owed 1 Share of Ship's Profit--because we're all equal partners, here, right? The Ship gets 2 Shares, from which all maintenance fees, resupply costs, and payroll for non-invested Crew shall be taken. And if the Ship Account is ever depleted, we, as the Crew, have to add to it from our own profits."
"Question--on top of the 2 Shares for the Ship, do we want to also set aside 1 Share for a Slush Fund? Y'know, for the money we might need for emergencies or to use for speculative trade of our own?"