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From: Charles Packer <mailbox@cpacker.org>
Newsgroups: rec.arts.sf.fandom
Subject: Re: Longest plan
Date: Sat, 23 Nov 2024 21:25:01 -0000 (UTC)
Organization: A noiseless patient Spider
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On Thu, 21 Nov 2024 09:47:51 -0500, Evelyn C. Leeper wrote:

> On 11/21/24 4:00 AM, Charles Packer wrote:
>> On Wed, 20 Nov 2024 08:23:59 -0500, Cryptoengineer wrote:
>> 
>>> In practical terms, this limits such instruments to around 100 years.
>>> For example, Disney has an agreement with the state of Florida which
>>> grants certain privileges until 21 years after the death of the last
>>> survivor of the descendants of King Charles III at the time the
>>> agreement was made.
>>>
>>>
>> Do you have a source for this rather bizarre provision?
> 
> Google is your friend, but here's one source:
> 
> <https://www.npr.org/2023/03/30/1167042594/disney-desantis-board-reedy-
creek-charles>
> 
> ...
> 
> Florida Gov. Ron DeSantis, Walt Disney World and a special tax district
> are once again making headlines, but this time, it's with a new cast
> member: England's King Charles III.
> 
> In a quiet move that's enchanting the internet, the former `` signed its
> power back to Disney before leaving office, a binding declaration that
> doesn't expire until England's monarchy dies out.
> 
> ...
> 
> And, in an extra detail that the internet is devouring, the term of the
> agreement was set using the "Rule Against Perpetuities" — which states
> that a policy will continue until after a certain person dies.
> 
> In this case, the declaration will continue "until twenty one (21) years
> after the death of the last survivor of the descendants of King Charles
> III." DeSantis, after all, frequently refers to Walt Disney World as a
> "corporate kingdom."


Now that I've had a chance to study this I see why I missed out
on learning of the King Charles angle. I don't follow news about 
corporate governance shenanigans. Even though this quirk is the
kind of thing New York Times readers such as I would expect to have
called to their attention, there was nothing there. Shame on the
Gray Lady!

Anyway, the ghost of Cecil Rhodes would get a chuckle out of it.
He wanted to bind America and Britain back together, with or 
without a monarchy. Thomas Jefferson, however, is turning in his
grave.

> 
> ...