Western Electrical Co. v. Pickett

This controversy is over the meaning to be given a portion of General Sections 904 and 910, Revised Statutes, 1908; that portion of Section 904 involved reads:

“No such corporation, joint stock company or association shall have or exercise any corporate powers or hold or acquire any real or personal property, franchises, rights or privileges, or be permitted to do any business or prosecute or defend in any suit in this state until the said fee shall have been paid.”

The portion of Section 910 involved, reads:

“No corporation * * * of any foreign state powers or acquire or hold any real or…