Green Bay Packers
Successive rescue campaigns in 1923, 1935, and 1950 made the Green Bay Packers a Wisconsin nonprofit stock corporation whose shareholders can vote but cannot receive dividends, freely trade their shares, or divide the corporation's residual value. Those rules separate community capital and identity from private financial return; governing authority is delegated through a board and executive committee, while Brown County's stadium referendum and public stadium district created a distinct taxpayer and public-institution constituency.
How did repeated rescues make Green Bay part of the Packers' ownership design, and who governs once widely dispersed supporters are called owners?