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The conger was a system common in bookselling in 18th and early 19th century England , for financing the printing of a book .. bookselling. Bookstore. book. book. The term referred to a syndicate of booksellers , mostly in London , who bought shares to finance the book 's printing .. book. book. syndicate. syndicate. London. London. Each member agreed to take so many copies for sale themselves , and the final profit was split in proportion to the members ' initial financial input .. Their names all appeared on the title pages as co-publishers , though one of the major publishing houses usually took the lead in setting the deal up .. Prior to the Statute of Anne , the Conger -LRB- often seen capitalized -RRB- also had an effect on copyright .. Statute of Anne. Statute of Anne. copyright. copyright. After the printing became common , publishers took the position that having purchased a work from an author , the right to control its publication continued permanently .. right to control. History of copyright. Courts supported the claim via precedent , until the Statute was passed early in the 18th century , after which it was law that literary works went into the public domain after a fixed time set by statute .. public domain. public domain. This system seems to have been mostly used in the financing of major projects -- for example , multi-volume works such as encyclopedias .. Shares were often subdivided and re-sold , so the actual balance of ownership became very convoluted .. Category  : Book publishing companies. Category  : Bookstores