Saintbertholdt

Joined

• started 24 topics
• posted 880 times   see topics posted on
• send a message

Posts by Saintbertholdt

• 
  116

  3 words to describe.....

  by punkofnice in

  1. social
  2. humour

  ..your experience with the watchtower corporation:.

  i'll start...... bully boy elders.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  3 words to describe...your experience with the watchtower corporation:

  Bureaucratic

  Autocratic

  Disillusionment
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  Hey Half Banana,

  I have a different take: Rutherford taught Knorr how things work. You can live it up, travel first class, see the world, have comfortable lodgings, wield lots of power over the faithful, and want for no material possession while you're alive, but you've got to expand Jehoober's kingdom. So I think Knorr viewed himself as some sort of Prince/King of a spiritual Israel. He got to have a comfortable lifestyle and lifelong reign which he thought God allowed him in exchange for full devotion.

  I think the Watchtower leadership back then was delusional, but I don't think they were covertly financially crooked with regards to the stashing of cash/shares.
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  *pssst...Penton was a history professor...not law.

  Sorry I was actually mixing him up with Gary Botting.
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  If by "the" women you're referring to Russell's inheritors. well maybe.

  But as regards voting shares in general the split would have been pretty even regarding gender in those days.

  I can see many a mother saving her pennies in a kitchen jar until she had the 10 dollars to buy a share in the Lords work. And many men would have bought shares because they thought they were becoming part of God's theocratic process.

  So how come they gave it up so easily/willingly?
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  "It may have been possible to obscure the status of the original shareholders with the promise of "look no more financially interested shareholding" but still leaving the original shareholders to make profits?"

  Seems unlikely, the 1945 charter amendment states: "The corporation has no capital stock."

  But have a gander at it, perhaps there is more to it than I can see. The devil may be in the details :)

  http://www.a2z.org/wtarchive/docs/1945_Charter_of_the_Watch_Tower_Bible_and_Tract_Society.pdf

  I'll will say this to our collective dismay: People like law professor James Penton has also studied the document, and he made no bones about it.
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  "Did the WTS just kick the women to the curb and confiscate the stock value?"

  If the majority of shareholders of a corporation vote to dissolve their shares at zero cost and decide to give their voting rights over to a new scheme, the minority still has to abide.

  This is what seemingly happened in 1945 with an overwhelming majority vote (Over 200 000+)

  So it seems as if the bulk of the shareholders (men and women) were happy to give these shares back to the WTBTS directors to do with how they saw fit. Which the directors then duly did by hand picking the voting shareholders :)
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  He wanted to inherit Rutherford's kingdom. It would appear politic or to use JW terminology,"theocratic" for him to abolish the monetary shares in the society in 1945 but would it not be in his financial and power interests to honour the original investments?
  

  I would agree. The directors could hand pick the nominees (voters) henceforth. Which meant that they would rubber stamp whatever the WT directors wanted. That is the norm to this very day. Being nominated is perceived as a privilege and so these voters are basically yes men to whatever the directors propose.
  
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  I should like to ask: does anyone have any idea of what happened to the stock value of the WTBTS before the cut off date in the forties and does it still continue among the inheritors of the original stock holders...or was it realised at that time and henceforth abolished?

  No, a financial gain was not realized for the voting members because the 1945 Charter was adopted almost unanimously by the 200 000+ shareholders.

  The Board of Directors then could select the 300 - 500 shareholders according to the amended charter with the stipulations: "...No member shall sell, transfer or assign his vote... be conveyed by will or other instrument upon a member's death."
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  "And...what about the five women who had been named as the inheritors of Russell's stock?"

  According to the 1945 charter amendment, only men are to be nominated as shareholders.
• 
  59

  Cooperate Members of the Watchtower Society

  by James Jack in

  1. watchtower
  2. scandals

  a older sister in miami florida has told me that the special pioneer couple who got their walking papers last week said they are also voting members of the watchtower society.

  also his stock share is valued at $800,000!.

  i did some research and spoke to some longtime witnesses and found out that there are 500 voting members of the society and they are also called shareholders.. has anyone ever of someone selling his share?.

  1. 
  2. 
  3. 
• 

  Saintbertholdt

  From the 1945 charter amendment which was adopted in September 1944:

  "Such nominee [voting member] shall be elected... by the Board of Directors... No member shall sell, transfer or assign his vote... be conveyed by will or other instrument upon a member's death."