During the late 1970's, a duo or trio of Central New Jersey teenaged males would break off from the larger peer group to maximize personal gain and form what was called a "corporation". Usually the hastily formed corporations mission statement included the pursuit of hot chicks, smoking a limited supply of excellent weed, or attending a keg party without the rest of the peer group attending. These loose-knit organizations could last anywhere from one day to several weeks. Often after the corporation dissolved, the former members would be absorbed back into the peer group after some interrogative statements about where the party was or how ugly that chick was who you were sucking face with last night.
Hey, is that Joey in the passengers seat of Bob's Monte? Joey only has a little of that killer weed left. He must have formed a corporation with Bob so they can smoke whats left between themselves and leave us out here freezing on the street corner.
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