Halydean Corporation

Halydean Corporation
In process of listing publicly
Traded as NASDAQ: (coming soon) HALY (coming soon)
Founded 1128
Headquarters Hayward, Wisconsin, U.S.
Key people
 Ron Braatz

Halydean Corporation is an investment group that is a land-based agricultural holding company in the dairy and beef industries. The company is headquartered in Hayward, Wisconsin, but primarily consists of holdings in subsidiaries. The company CEO is Ron Braatz.[1] The company targets dairy facilities for mergers and acquisitions each worth an average $34 million USD, and is moving to increase its revenues from US export sales.[2]

Notable ownership

Below is a list of past owners of Halydean Corporation, which is curiously diverse.

OwnerYearManner in which held
The Church1128Perpetual, tax-exempt ownership & civil rule[3]
The State1545Royal Burgh, held by the Crown[4]
Private property1602Proprietorship of Barony & Lordship[5]
Corporate shareholders2014Corporation owned by many shareholders[6]

Halydean is unique in that it was founded by the Crown, owned by the Catholic Church (rivaled in Scotland only by St Andrews), then owned by the state, then owned privately,[7] and is now soon to be listed as a publicly traded company.[8] Under feudalism, Halydean had the legal authority of "pit and gallows," which is to say, to carry out the death sentence. The original charter also specified that the organization was tax exempt.[9]

History and age of company

The company only states that it has "more than 100 years of operational history," [10] which may be referring to the age of a subsidiary, however, there are well documented legal records showing that the entity had its establishment in 1128 with its primary holdings being thousands of acres of grazing land.[11][12][13][14][15] This is substantially older than Harvard College, which has been described as the new world's oldest corporation, established in 1636.[16][17] The oldest companies in the world for tea, sake, metalworking, and pharmacy were all established after 1128, the year of Halydean's establishment.[18] Lorillard Tobacco Company is listed as the oldest public American company, having been established in 1760.[19] The Tuttle Farm was established in the 1630s by King Charles II, and is the oldest continually operating business in the US.[20] Based on that information, it can be argued that Halydean is a very old company, although it is unknown whether or not it may hold the claim as the oldest publicly traded company in the world. The company has not made any such claim. The company is on Wikipedia's List of oldest companies. In 1545 Halydean's ownership was appropriated by the Crown, rechartered, and eventually assigned to new owners in 1602,[21][22] and in 2014 Halydean was reorganized as a Delaware corporation.[23]

Today

Halydean Corporation is an agricultural land holding company that specializes in dairy and beef production. The company's focus is to consolidate the dairy industry through vertical and horizontal integration, acquiring farms with a mixture of stock and cash.[24]

Environmental Activism

Halydean invests in research for farm wastewater treatment for improved conditions for animals and workers. The company is implementing systems to speed up the digestion of waste products into useful co-products such as fertilizer for cleaner air and water.[25] The company promotes the idea that environmentalism is financially beneficial to those who practice it, and states on its website, "you’ll find no leafy logos or other “greenwashing” attempts to make our company appear to be on the pseudo-environmental bandwagon. A look at any company’s actions will reveal its true colors."[26] Company officers and directors have donated cash to orphanages for the creation of orchards. Thus, the company supported humanistic and Christian social gospel causes, while at the same time helping environmental causes. This dualistic ideology of company directors is typical of the company policy to kill two birds with one stone. Multifaceted agendas are evident everywhere in company policy, usually revolving around the company's deeply philosophical "code of ethics" and "company culture" statements on its web page. One such precept is that corporate environmental statesmanship is both good for the environment and good for company profitability.

References

  1. ↑ Yahoo Finance, http://markets.financialcontent.com/mi.miamiherald/news/read?GUID=31731899
  2. ↑ Yahoo Finance, http://finance.yahoo.com/news/halydean-signs-letter-intent-acquire-163308476.html;_ylt=AwrC1jExXVhXymkAecyTmYlQ;_ylu=X3oDMTByMDgyYjJiBGNvbG8DYmYxBHBvcwMyBHZ0aWQDBHNlYwNzYw--
  3. ↑ Moffat, A., (2006). Kelsae: A History of Kelso from Earliest Times. Birlinn Ltd. ISBN 1841584576
  4. ↑ Moffat, A., (2006). Kelsae: A History of Kelso from Earliest Times. Birlinn Ltd. ISBN 1841584576
  5. ↑ Moffat, A., (2006). Kelsae: A History of Kelso from Earliest Times. Birlinn Ltd. ISBN 1841584576
  6. ↑ https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
  7. ↑ Moffat, A., (2006). Kelsae: A History of Kelso from Earliest Times. Birlinn Ltd. ISBN 1841584576
  8. ↑ Yahoo Finance, http://markets.financialcontent.com/mi.miamiherald/news/read?GUID=31731899
  9. ↑ Moffat, A., (2006). Kelsae: A History of Kelso from Earliest Times. Page 12. Birlinn Ltd. ISBN 1841584576
  10. ↑ Yahoo Finance, http://markets.financialcontent.com/mi.miamiherald/news/read?GUID=31731899
  11. ↑ The Register of the Great Seal of Scotland; Liber S. Marie de Calchou, Registrum Cartarum Abbacie Tironensis de Kelso, 1113-1567.
  12. ↑ (English version)Thomson, J. M., Dickson, W. K., Paul, J. B., & Stevenson, J. R. H. (1984).Registrum magni sigilli regum Scotorum. The register of the Great seal of Scotland. Scottish Record Society in conjunction with Clark Constable.
  13. ↑ Scottish Barony Register (2003). Burke's Peerage, Baronetage, & Knightage: Clan Chiefs Scottish Feudal Barons, 107th edition. ISBN 9780971196629
  14. ↑ The Scottish Records Society, New Series, Volume 24, (Edinburgh, 2001), p. 58-62
  15. ↑ Moffat, A., (2006). Kelsae: A History of Kelso from Earliest Times. page 12. Birlinn Ltd. ISBN 1841584576
  16. ↑ Herbst, J., (1982). From Crisis to Crisis. American College Government 1636-1819, Harvard University Press, Cambridge. ISBN 0-674-32345-9.
  17. ↑ Rudolph, Frederick (1961). The American College and University. University of Georgia Press. p. 3. ISBN 0-8203-1285-1.
  18. ↑ Crockett, Z. Why Are So Many of the World's Oldest Companies in Japan? from http://priceonomics.com/why-are-so-many-of-the-worlds-oldest-businesses-in/
  19. ↑ Bullock, D., (2011). America's 10 Oldest Public Companies. From http://www.minyanville.com/special-features/articles/oldest-public-companies-america2527s-oldest-companies/9/23/2011/id/37022
  20. ↑ Brown, R., (2015). 5 Of The World's Oldest Companies. From Invetopedia, http://www.investopedia.com/financial-edge/0711/5-of-the-worlds-oldest-companies.aspx
  21. ↑ Watt, D. E. R.; Shead, N. F., eds. (2001), The Heads of Religious Houses in Scotland from Twelfth to Sixteenth Centuries, The Scottish Record Society, New Series, Volume 24 (Revised ed.), Edinburgh: The Scottish Record Society, ISSN 0143-9448
  22. ↑ Moffat, A., (2006). Kelsae: A History of Kelso from Earliest Times. Birlinn Ltd. ISBN 1841584576
  23. ↑ https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
  24. ↑ Yahoo Finance, http://markets.financialcontent.com/mi.miamiherald/news/read?GUID=31731899
  25. ↑ Canadian Business Journal. http://www.cbj.ca/halydean-leading-farm-industry-environmental-improvements/
  26. ↑ Company website. http://www.halydean.com/index.php/en/environmental-statement

External links

Company website: http://www.halydean.com

This article is issued from Wikipedia - version of the 11/19/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.