Work

Escheat, Federalism and State Boundaries

Year: 1963
Type: article
Abstract: Travelers in the United States are decreasingly aware of the fact that they cross state lines in their journeys. The indistinct, and some-what arbitrary, lines which mark many of the divisions between the soil of one state and that of another are little-noticed by passengers in coast-to-coast jet airliners racing the sun across the continent. Even the more distinct boundary lines laid out along rivers and other natural features pass by unseen. Wanderers on trains and buses pass swiftly from state to state without thinking of state boundaries. Automobile excursionists will soon speed across the continent on a completed in-terstate highway network without pausing to have their picture re-corded before the sign which explains the pavement's change in color or texture. However, if the driver fails to adjust the pressure on the accelerator to comply with a lower speed limit, a police siren will soon signify that a state boundary was crossed. Our corporations do busi-ness in many states, although incorporated in only one.
Author: James A. Lake
Language: English
Open Access status: green
OpenAlex ID: W2205989817
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