Republic Power & Service Co. v. Gus Blass Co.

The statutes of this State do not prohibit a foreign corporation from acquiring property in the State, nor from suing in the courts to recover property or to seek redress for damage to property thus acquired. Railroad Co. v. Fire Association, 60 Ark. 325; Alley v. Bowen-Merrill Co., 76 Ark. 4; Rachels v. Stecher Cooperage Co., 95 Ark. 6; Linton v. Erie Ozark Mining Co., 147 Ark. 331. In the absence of such a statute, foreign corporations may acquire property in a State and sue for in the courts of the State. Cowell v. Springs Co., 100 U. S. 55. The only inhibition in our statute is that a…