|
III. The 100% Shareholder of the Universe, Christ Jesus
In the capitalist system, we have a never-ending fight for our quota. Let’s start by talking about the flower of capitalism, stock trading (and the 5% rule).
There are following provisions in the Securities and Exchange Act regarding reporting massive shareholdings.
Article 200-2 (Report on Mass Holdings, etc. of Stocks)
(1) Any person (excluding those who are prescribed by Presidential Decree) who holds voting stocks of a stock-listed corporation or Association-registered corporation in large quantities (this refers to such cases where the number of the stocks, etc. owned by the person himself and specially connected person is 5/100 or more of the total number of such stocks, etc.), shall report the situation of their holdings to the Financial Supervisory Commission and the Stock Exchange (meaning the Association in case of an Association-registered corporation; hereinafter the same shall apply in this Article, within five days (the day as prescribed by Presidential Decree is not counted; hereinafter the same shall apply in this paragraph) from the day on which that person comes to hold such stocks, under the conditions as prescribed by Presidential Decree, and if the rate of that person's holding exceeds 1/100 of the total number of stocks, etc. of such corporation (excluding such cases as prescribed by Presidential Decree), shall report the contents of such change to the Financial Supervisory Commission and the Stock Exchange, within five days after such change occurs, under the conditions as prescribed by Presidential Decree: Provided, That with respect to the institutional investors, etc. as prescribed by Presidential Decree, the time, contents, etc. of such report may be determined separately by Presidential Decree.
Let’s also examine minority shareholder’s rights. The act contains the following provisions.
Article 191-13 (Exercise of Minority Stockholder’s Rights)
(1) A person who has held 1/10,000 or more of the total number of issued and outstanding shares of a stock-listed corporation or Association-registered corporation for six months as prescribed by Presidential Decree may exercise the stockholder's rights prescribed in Article 403 (including where it is applicable mutatis mutandis under Articles 324, 415, 424-2, 467-2 and 542 of the Commercial Act) of the Commercial Act.
(2) A person who has held 50/100,000 or more (in case of a corporation as prescribed by Presidential Decree, 25/100,000 or more) of the total number of issued and outstanding shares of a stock-listed corporation or Association-registered corporation for six months as prescribed by Presidential Decree may exercise the stockholder's rights prescribed in Article 402 of the Commercial Act.
(3) A person who has held 10/10,000 or more (in case of a corporation as prescribed by Presidential Decree, 5/10,000 or more) of the total number of issued and outstanding shares of a stock-listed corporation or Association-registered corporation for six months as prescribed by Presidential Decree may exercise the stockholder's rights prescribed in Article 466 of the Commercial Act.
(4) A person who has held stocks 50/10,000 or more (in case of a corporation prescribed by Presidential Decree, 25/10,000 or more) of the total number of issued and outstanding shares of a stock-listed corporation or Association-registered corporation for six months as prescribed by Presidential Decree may exercise the stockholder's rights prescribed in Articles 385 (including a case where it is applicable mutatis mutandis in Article 415 of the Commercial Act) and 539 of the Commercial Act.
(5) A person who has held 30/1000 or more (in case of a corporation as prescribed by Presidential Decree, 15/1000 or more) of the total number of issued and outstanding shares of a stock-listed corporation or Association-registered corporation for six months as prescribed by Presidential Decree may exercise the stockholder's rights prescribed in Articles 366 and 467 of the Commercial Act. In this case, when a person exercises the stockholder's rights prescribed in Article 366 of the Commercial Act, the number of shares shall be calculated based on voting shares.
There’s also an article regarding stockholder’s proposal. Take a look at article 191.
Article 191-14 (Stockholder’s Proposal)
(1) A person who has 10/1000 or more (in case of a corporation as prescribed by Presidential Decree, 5/1000 or more) of the total number of issued and outstanding shares of a stock-listed corporation or Association-registered corporation for six months as prescribed by Presidential Decree may propose to the directors that such directors place certain matters as agenda matters of the general meeting of stockholders under the conditions as prescribed by Presidential Decree (hereinafter referred to as "stockholder's proposal").
(2) Any person who makes a proposal as a shareholder pursuant to the provisions of paragraph (1) may ask directors to enter the summary of their proposal in a publication and a notice thereof in accordance with the provisions of Article 363 of the Commercial Act in addition to matters to be placed on the agenda of a general meeting of shareholders on the conditions as prescribed by Presidential Decree.
(3) The board of directors shall submit stockholder's proposals before the general meeting of stockholders as the agenda matters thereof, except where the contents of the stockholder's proposal violate statutes or subordinate statutes, the articles of incorporation or in the case as prescribed by Presidential Decree, and where a person who makes a stockholder's proposal requests, the board of directors shall give that person an opportunity to explain the concerned proposal at the general meeting of stockholders.
In a capitalist corporation, the top decision-making body is the shareholders. Let’s take a look at the articles of the Commercial Code regarding the resolution of shareholders’ meeting.
第368條 (總會’s 決議方法 and 議決權’s Actions)
① Excluding the case where 總會's 決議 is a 法 or 定款 has a defect, the株主’s 議決權’s 過半數 and 發行株式總數’s must exceed 4分of 1 數.<改正 1995.12.29>
②者 who has無記名式’s 株券 must株券 to 會社供託 會日’s 1週間前.
③株主 can get 代理人 to 行使 his 議決權. This 境遇 can get that 代理人 to 代理權 to 證明 書面 to get 總會’s 提出must.
④總會’s 決議 regarding 關 who did 特別 who has 利害關係 者’s 議決權 cannot行使.
The more important the provision, the stricter the restrictions on the shareholder’s meetings. Let’s continue to examine this act.
第433條 (定款變更’s 方法)
①定款’s 變更 must 依 to 決議’s 株主總會.
②定款’s 變更 must 記載 to those that 關 to 議案’s 要領 第363條’s 規定 regarding those that 依 通知 and 公告’s.
第434條 (定款變更’s 特別決議) 第433條第1項’s 決議 must to the attended exceed 株主’s 議決權’s 3分 2 in 數 and exceed 發行株式總數’s 3分 1 數.
[全文改正 1995.12.29]
If we view the Earth as a corporation that the capitalists and market economists love so much, then who is the biggest shareholder of our company? Of course, it would be Jesus. In fact, he owns 100% of our company’s shares. Genesis to Revelation proves this fact.
[Genesis 2:1]
Thus the heavens and the earth were completed in all their vast array.
[Deuteronomy 10:14]
To the LORD your God belongs the heavens, even the highest heavens, the earth and everything in it.
[Nehemiah 9:6]
You alone are the LORD. You made the heavens, even the highest heavens, and all their starry host, the earth and all that is on it, the seas and all that is in them. You give life to everything, and the multitudes of heaven worship you.
[Psalm 8:6]
You made them rulers over the works of your hands; you put everything under their feet
[Psalm 119:91]
Your law endures to this day, for all things serve you
[Psalm 146:6]
He is the Maker of heaven and earth, the sea, and everything in them- he remains faithful forever.
[Isaiah 44:24]
“This is what the LORD says- your Redeemer, who formed you in the womb:
I am the LORD, the Maker of all things, who stretches out the heavens, who spreads out the earth by myself,
[Jeremiah 10:16]
He who is the Portion of Jacob is not like these, for he is the Maker of all things, including Israel, the people of his inheritance- the LORD Almighty is his name.
[Jeremiah 51:19]
He who is the Portion of Jacob is not like these, for he is the Maker of all things, including Israel, the people of his inheritance- the LORD Almighty is his name.
[John 1:3]
Through Him all things were made; without Him nothing was made that has been made.
[John 3:31]
The one who comes from above is above all; the one who is from the earth belongs from the earth, and speaks as one from the earth. The one who comes from heaven is above all.
[John 3:35]
The Father loves the Son and has placed everything in his hands.
[Acts 17:25]
And He is not served by human hands, as if he needed anything.
[Rome 9:5]
Theirs are the patriarchs, and from them is traced the human ancestry of the Messiah, who is God over all, forever praised! Amen.
[Rome 11:36]
For from Him and through Him and for Him are all things. To Him be the glory forever! Amen.
[1 Corinthians 8:6]
Yet for us there is but one God, the Father, from whom all things came and for whom we live; and there is but one Lord, Jesus Christ, through whom all things came and through whom we live.
[1 Corinthians 15:27]
For he “has put everything under His feet.” Now when it says that “everything” has been put under Him, it is clear that this does not include God himself, who put everything under Christ.
[1 Corinthians 15:28]
When he has done this, then the Son himself will be made subject to him who put everything under him, so that God may be all in all.
[Ephesians 1:22]
And God placed all things under His feet and appointed Him to be head over everything for the church.
[Ephesians 1:23]
Which is His body, the fullness of Him who fills everything in every way.
[Ephesians 3:9]
And to make plain to everyone the administration of this mystery, which for ages past was kept hidden in God, who created all things.
[Ephesians 4:10]
He who descended is the very one who ascended higher than all the heavens, in order to fill the whole universe.
[Philippians 3:21]
Who, by the power that enables Him to bring everything under His control, will transform our lowly bodies so that they will be like His glorious body.
[Colossians 1:16]
For in Him all things were created: things in heaven and on earth, visible and invisible, whether thrones or powers or rulers or authorities; all things have been created through Him and for Him.
[Colossians 1:17]
He is before all things, and in Him all things hold together.
[Colossians 1:18]
And He is the head of the body, the church; He is the beginning and the firstborn from among the dead, so that in everything He might have the supremacy.
[Colossians 1:20]
And through Him to reconcile to Himself all things, whether things on Earth or things in heaven, by making peace through His blood, shed on the cross.
[1 Timothy 6:13]
In the sight of God, who gives life to everything, and of Christ Jesus, who while testifying before Pontius Pilate made the good confession, I charge you
[Hebrews 1:3]
The Son is the radiance of God’s glory and the exact representation of His being, sustaining all things by His powerful word. After he had provided purification for sins, he sat down at the right hand of the Majesty in heaven.
[Hebrews 2:8]
And put everything under their feet. In putting everything under them, God left nothing that is not subject to them. Yet at present we do not see everything subject to them.
[Hebrews 2:10]
In bringing many sons and daughters to glory, it was fitting that God, from whom and through whom everything exists, should make the pioneer of their salvation perfect through what He suffered.
[Hebrews 3:4]
For every house is built by someone, but God is the builder of everything.
[Hebrews 4:13]
Nothing in creation is hidden from God’s sight. Everything is uncovered and laid bare before the eyes of Him to whom we must give account.
[1 Peter 4:7]
The end of all things is near. Therefore, be alert and of sober mind so that you may pray.
[2 Peter 3:4]
They will say, “Where is this ‘coming’ He promised? Ever since our ancestors died, everything goes on as it has since the beginning of creation.”
[Revelation 4:11]
“You are worthy, our LORD and God, to receive glory and honor and power, for you created all things, and by your will they were created and have their being.”
[Revelation 5:13]
Then I heard every creature in heaven and on earth and under the earth and on the sea, and all that is in them, saying:
“Worthy is the Lamb, who was slain, to receive power and wealth and wisdom and strength and honor and glory and praise!”
[Revelation 21:5]
He who has seated on the throne said, “I am making everything new!” Then he said, “Write this down, for these words are trustworthy and true.”
Our fight over monetary shares is like brothers quarreling over their inheritance before God our Father, who is the 100% shareholder of the universe. Landowners, laborers, and capitalists all demand a larger portion of their shares. The outcasts that aren’t included in those categories can’t even get in line for their shares. They stand like mothers that lost their child standing before Solomon. Sometimes they are criticized for creating moral dilemmas by others. “The wealthy had to swallow the burden of increasing taxes, yet the poor did nothing but create more poverty, crime, and anti-social behavior.”
Now we must remember before further discussion that the modern economics completely disregard the fact that the greatest shareholder of all is Jesus Christ. This is the reason that arguments regarding economics never seem to be able to find a resolution. Just like the argument between Job and his three friends.
Let’s take a look at Job chapter 42.
7 After the Lord had said these things to Job, he said to Eliphaz the Termanite, “I am angry with you and your two friends, because you have not spoken the truth about me, as my servant Job has.
8 So now take seven bulls and seven rams and go to my servant Job and sacrifice a burnt offering for yourselves. My servant Job will pray for you, and I will accept his prayer and not deal with you according to your folly. You have not spoken the truth about me, as my servant Job has.”
9 So Eliphaz the Termanite, Bildad the Shuhite and Zophar the Naamathite did what the Lord told them; and the Lord accepted Job’s prayer.
Everything comes from God. In a capitalistic sense, God is our ultimate shareholder. Men are merely minority shareholders, and even if we combined all we have we do not exceed even 5%, and we barely qualify for a shareholder proposal. Since we do not exceed 5%, we don’t even have the ‘duty to report.’
All things in Genesis to all things in Revelation, as well all things in modern capitalism belongs to God; nothing in our universe can escape from God’s absolute authority. No matter what those who do not believe say, the truth is unchanging. We must have faith in this fact. |
1 
