Legal Opinion · Dissent
Texas Co. v. State ex rel. Coryell
Supreme Court of Oklahoma
Decided February 18, 1947No. 31827Published
1DissentRiley, J.
By constitutional prohibition (sec. 2, art. 22, Const, of Okla.) a corporation doing business in this state shall not “buy, acquire, trade or deal in” rural real estate “except such as shall be necessary and proper” for carrying on the business for which such corporation was chartered and licensed.
The majority deem the constitutional prohibition not self-executing and rely on State v. Prairie Oil & Gas Co., 64 Okla. 267, 167 P. 756, Parwal Investment Co. v. State, 71 Okla. 121, 175 P. 514, Sheridan Oil Co. v. Superior Court, Creek Co., 183 Okla. 372, 82 P. 2d 832, and the rule stated in 10…
2Cases cited18 opinions
- M'culloch v. State of MarylandSupreme Court of the United States · 1819
- Knox v. LeeSupreme Court of the United States · 1871
- Fairfax's v. Hunter's LesseeSupreme Court of the United States · 1813
- Matter of Carnegie Trust CompanyNew York Court of Appeals · 1912
- Matter of People (Melrose Ave.)New York Court of Appeals · 1922
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