All those State laws, commonly called acts of incorporation, by which a certain number of persons are licensed to contract debts, without having their individual properties held liable to pay them, are laws impairing the natural obligation of their contracts.
Lysander Spooner: “All those State laws, commonly called acts of incorporation, by which a certain number of persons are licensed to…”
Editor's note · Context
This statement critiques state incorporation laws that limit personal liability, arguing they undermine the integrity of contracts.
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They acknowledge it to be our unquestioned right and duty to kill them, if we can; that they expect nothing else, than that we will kill them, if we can; and that we are only fools and cowards, if we do not kill them, by any and every…
They do not carry their heads high, above all other men, and demand our reverence and admiration, as statesmen, patriots, and benefactors.
They do not attempt to deceive us, or mislead us, or reconcile us to their doings, by any such pretences, impostures, or insults as these.
On the contrary, they acknowledge themselves robbers, murderers, and villains, pure and simple.