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<div style="background:#fff;border:#bbb dashed 1px;padding:5px"><a href="http://en.citatepedia.ro/comments.php?id=538962" style="color:#000;text-decoration:none"><div style="margin:10px 0"><strong>Limited Liability</strong></div><div style="margin:10px 0">Some seven men form an Association<br>(If possible, all Peers and Baronets),<br>They start off with a public declaration<br>To what extent they mean to pay their debts.<br>That's called their Capital: if they are wary<br>They will not quote it at a sum immense.<br>The figure's immaterial - it may vary<br>From eighteen million down to eighteenpence.<br>I should put it rather low;<br>The good sense of doing so<br>Will be evident at once to any debtor.<br>When it's left to you to say<br>What amount you mean to pay,<br>Why, the lower you can put it at, the better.</div><div style="margin:10px 0">They then proceed to trade with all who'll trust 'em,<br>Quite irrespective of their capital<br>(It's shady, but it's sanctified by custom);<br>Bank, Railway, Loan, or Panama Canal.<br>You can't embark on trading too tremendous -<br>It's strictly fair, and based on common sense -<br>If you succeed, your profits are stupendous -<br>And if you fail, pop goes your eighteenpence.<br>Make the money-spinner spin!<br>For you only stand to win,<br>And you'll never with dishonesty be twitted.<br>For nobody can know,<br>To a million or so,<br>To what extent your capital's committed!</div><div style="margin:10px 0">If you come to grief, and creditors are craving<br>(For nothing that is planned by mortal head<br>Is certain in this Vale of Sorrow - saving<br>That one's Liability is Limited), -<br>Do you suppose that signifies perdition?<br>If so you're but a monetary dunce -<br>You merely file a Winding-Up Petition,<br>And start another Company at once!<br>Though a Rothschild you may be<br>In your own capacity,<br>As a Company you've come to utter sorrow -<br>But the Liquidators say,<br>&quot;Never mind - you needn't pay,&quot;<br>So you start another Company to-morrow!</div><div style="margin:10px 0"><br /></a><br />poem by <a href="http://en.citatepedia.ro/by.php?a=William+Schwenck+Gilbert">William Schwenck Gilbert</a><div class=q>
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<script type="text/javascript" src="//s7.addthis.com/js/300/addthis_widget.js#pubid=citatepedia" async="async"></script><div style="display:inline-block" class="addthis_sharing_toolbox" data-url="http://en.citatepedia.ro/comments.php?id=538962" data-title="Limited Liability de William Schwenck Gilbert" data-description="Some seven men form an Association
(If possible, all Peers and Baronets),
They start off with a public declaration
To what extent they mean to pay their debts.
That's called their Capital: if they are wary
They will not quote it at a sum immense.
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