r as, i,t la our oplnlcra that the Saarataap of State should not a pore and flla a 0Wtat of a domaatlo oorporation; wham a 9 or the qu@ftln&! UaWaa of oapltal atook ara aubaorIbad and paid for by a aorpo@atlan wlthout~a parinlt to do bualnaaa ln Taras.
4. zh vlaw of our holdlag that uudrr tho faota etatod, a foreign oorporatlm (w&@houta permit ta do biaminrar in Texas) would not be parmlttad to lubaorlba for all of thr qualifying shores of oap%tal stoat of a dbmoetio oorpnr~tion, as haratofora stated, Inrofar as the laok of authozl$~ is oonooamd, It la immatarlal uðer @ia pmpmaa of the foralga eubaorlblng oorporatlai a& tha propcrrad damratio oorporatlap are the maa or dlffaront. ~Tharaioro, our anawar to Qtmatlca 2 would bo ao dlffaiant if. t&S purpcia~r of the foreign o~orporatlon (without a peralt to do buaInaaa ln Texas) awl tha proposed domaatlo oorporatlm wars dlffyaat. We trust the faregoing ~atiafaot~r'ily anawara row! Lnquirloa. Toura vary truly