Interesting read here....
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10370174
An extract...
"Todd Corp's founding document makes the distinction clear: "Todd Family means the persons who are descendants natural or adopted of Charles Todd, late of Wellington, merchant, who died on 21 August 1942 and his wife Mary Todd ... "
Even spouses - individuals most New Zealanders would regard as family - are excluded from holding shares. "
Sort of ties in with their attitude to minority holders of FMS.
FMS - "The Foundation Customer", page-169
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