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Sunday 20 July 2014

Corporation

A New York fishing company became the first corporation to be chartered in the United States in 1675.

U.S. Steel, the first billion-dollar corporation and once the world's largest producer of steel, was incorporated by industrialist J. P. Morgan in 1901.

The General Motors Corporation becomes the first U.S. corporation to make over US$1 billion in a year in 1955.

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