There are different schools of thought as to who legally owns a corporation. Many people argue, as the late economist Milton Friedman believed, that the shareholders of a corporation are the owners, because they have an expressed stake in the corporation, voting rights and other ownership-like rights.hareholders. A shareholder, also called a stockholder, is an individual who owns shares in a corporation. Sale of stock in a corporation may be public or private, so some corporations will have thousands of shareholders while others may have just a few.
  A church convocation is a an assembly of members for a religious meeting. To be convoked is to be brought together for this purpose. A weekly or daily church service can â¦ be said to be a convocation of a church's congregation.+ 11 others found this useful. A church convocation is a an assembly of members for a religious meeting. To be convoked is to be brought together for this purpose. A weekly or daily church service can â¦ be said to be a convocation of a church's congregation. + 11 others found this useful.
Both the Church of God in Christ as a national church and the local jurisdictions in the United States have holy convocations every year. The International Holy Convocation that all the members of the COGIC attend is held every year on either the first or second week of November.The holy convocations for the local jurisdictions are usually held every year either in July or August. In the local convocations, the bishops officiate over the convocation.he International Holy Convocation that all the members of the COGIC attend is held every year on either the first or second week of November. The holy convocations for the local jurisdictions are usually held every year either in July or August. In the local convocations, the bishops officiate over the convocation.