Capital Reconstruction Introduction:- The act of placing a company into voluntary liquidation and then selling its assets to another company with the same name and same stockholders‚ but with a larger capital base. It is the complete overhaul of the capital of a distressed company to save it from liquidation. The object of it is to enable the company to continue as a going concern by the removal of the burden of immediate debt‚ the attraction of additional capital and the creation of a viable financial
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The Successes and Failures of Reconstruction 1865 – 1877 The purpose of the Reconstruction was to reintegrate the North and the South. Between 1865 and 1877‚ the federal government under President’s Johnson and Grant‚ along with congress which consisted of Radical Republicans attempted to solve political‚ social‚ and economic issues in the 11 confederate states. The Presidential Reconstruction consisted of the president’s plan to bring the southern states back into the Union. It began
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Meaning of Internal Reconstruction: When a company has been making losses for a number of years‚ the financial position does not present a true and fair view of the state of the affairs of the company. In such a company the assets are overvalued‚ the assets side of the balance sheet consists of fictitious assets‚ useless intangible assets and debit balance in the profit and loss account. Such a situation does not depict a true picture of financial statements and shows a higher net worth
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Lincoln‚ Johnson‚ and Congress’ Plans for Reconstruction The main goals of the Reconstruction were to readmit the Southern states back into the Union and recognize the civil rights of Freedmen in the society. Its tasks were to unify America into one nation‚ secure the rights of every man‚ and establish order. Three major strategies were presented to unify the nation. The three major Reconstruction plans were contributed by Lincoln‚ Johnson‚ and the Congress. Lincoln presented his plan in 1864
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workers. Even as settlers moved west to find their fortunes‚ vigilantes and their forms of “justice” were used to control others. At the end of the Civil War‚ in an effort to control radical reconstruction efforts giving freed Afro-Americans more rights‚ the Ku Klux Klan was formed to resist these reconstruction efforts which included violently terrorizing Blacks‚ Whites‚ or anyone in
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back on Reconstruction‚ there were many moments when we took a turn for the worst. However‚ I will discuss what I believe to be the root of our problems: the rise of Radical Republicans and their mission to slash the power of the Southern white population. As soon as the Radicals started to gain power‚ Reconstruction shifted from unification to reformation. Alongside others‚ I believe that the South had “nobility‚ Christian virtues‚ leadership‚ [and] loyalty to its men” (“Reconstruction”). In other
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Social and economic challenges played significant parts in drafting constitutional amendments and molding civil rights of individuals during the Reconstruction Era. The Thirteenth through Fifteenth Amendments were recognized as the Civil War Amendments because they were put in place directly following the war. Their purpose was to secure the ending of enslavement and give recently emancipated slaves equal protection and rights in the U.S. The Thirteenth Amendment was first put in place to abolish
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“Education during Reconstruction” In the south before‚ during‚ and after the reconstruction was a time for educational growth. Many states were just beginning to provide public education. The education system at the time was a shadow of the system that we know today during this era. The civil war brought the separation of races but also families. To distract from this the Radical Republicans stressed education during the reconstruction to avert the attention of the people from the war and
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The three major phases of Reconstruction were Wartime Reconstruction which took place from 1861-1865‚ Presidential Reconstruction from 1865-1867‚ and Congressional or Radical Reconstruction which took place between 1867-1877. During these periods‚ the war was still underway and President Lincoln felt the need to build up the south with a resilient Republican party to bring an end to the animosity caused by war. He worked to insure that the state approved the Thirteenth Amendment and abolish slavery
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From 1865 to 1900‚ African American freedoms were very limited socially. Black Codes said that African Americans could not marry anyone that is white. If someone that was black was not generally attracted to their own race or vice versa‚ they were unable to marry who they wanted to. The Ku Klux Klan burned many houses of African Americans as well as the white people that wanted to help them. If you were in any way positively involved with black people‚ the KKK would find a way to basically ruin your
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