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consolidated:finaroka:venture_companies

Venture Company

Venture Company registration formalises a group of individuals working together to fight, explore, hunt or adventure outside of recognised boundaries. Members are held jointly responsible for group decisions, such as working in interdicted areas, or crimes committed on behalf of the group. However there are several advantages to registration.

Properly registered, Venture Companies are eligible for …

  • Commissions and assistance from the authorities. (when it meets their needs)
  • Business Loans from FIG (does not cover buying personal equipment)
  • Discounted travel on FFTC (when space is available)
  • Eligible for land grants (in appropriate circumstances)

On the death of a member

The body will be recovered, if practicable, and if no member of the company is able to perform this function, the cost of an appropriate spell (Reincarnation, Raise Dead or Resurrection) will be paid from company funds. If this is not feasible or not carried out for some other reason, a hearing, using appropriate spells, will be held by the Court of Abadar, who will decide if this contract has been breached. A member of the company can void this clause, verbally or in writing, although that must also be certified by a court hearing.

If the member remains dead, and the body is present, appropriate funeral arrangements will be made by the company, paid for from company funds. However, all company funds and property will be retained by the company. If no will has been made, The Court of Abadar will arrange disposal of the deceased items. Consideration will be given to Dependents and Known Family, remain possessions will be assigned to the Venture Company

Leaving The Company

A member of the Venture Company may leave voluntarily, taking all of their personal possessions with them. However, they will still be liable for a portion of the company debt, which should be paid immediately through sale of possessions. This change must be ratified by the Court of Abadar.

A member can be sacked from the company, by unanimous agreement of the other members of the group. In this case, the ex-member leaves, taking all of their personal possessions with them, and are not responsible for any of the company’s debt. This change must be ratified by the Court of Abadar.

Notes

  • Commissions are at the discretion of the administration, and may be offered directly, or publicised with an invitation to submit applications.
  • FIG loans are the responsibility of all members of the Venture Company. There is a flat 50% fee for the loan, which is added directly to the debt. If you borrow 3000gp to buy a ship, you must pay back 4500gp.
  • FFTC offer a 25% discount to registers Venture Company travellers, with cabins (if they are available) or steerage if they are not.
  • Land Grants confer ownership of an area of land, although there is generally an obligation to develop it is some way. Failure to develop, in a reasonable time, or activities against The Governor’s interests, may result in the withdrawal of the grant. Ownership of developed land permits the collection of local taxes, but comes with the responsibility to collect the Finaroka Tax on behalf of the governor. If the Venture Company is disbanded, developed land my be assigned to individual members, as the Venture Company sees fit. Title to this land is hereditary and can be passed onto a nominated heir. If no hire is nominated, title will pass to the eldest child. Abadar’s Court will have access to spells (including Speak with Dead) to help ascertain the truth of the matter. Cost for these spells will be charged to the Venture Company.
consolidated/finaroka/venture_companies.txt · Last modified: by johnb