Actino Laboratories, Inc. v. Lamb

It is conceded by the record that plaintiff is a foreign stock corporation, organized under the laws of the State of Illinois, with its principal place of business in Chicago.

It is also conceded that the plaintiff corporation had not secured a permit authorizing it to do business in the State of Iowa as required by section 8427 of the Code of 1935, which provides that:

“No foreign stock corporation doing business in this state shall maintain any action in this state upon any contract made by it in this state unless prior to the making of such contract it shall have procured such permit. ’ ’

It…