Court Opinion

ID: 4140535
Source: CourtListenerOpinion
Date Created: 2017-02-18 03:00:16.376956+00
Date Added: 2024-06-11T14:19:34.822551
License: Public Domain

OFFICE OF    TNE   ATl’ORNEY      GENERAL.      OF TEXAS
                                       AUSTIN

    Xonorable     Sidney     Latham
    Secretary     0r State
    huetin,     Text18

           Your   lottar 41 booewh.       2oy      1049L    r8queatfng  tha  opinion
    ot   thiod.mrtzxmhwh     hh.   .kkti&            at:t.d     therein read8 aa

                                   I&&&      photoatatio oopy o?
                                   0 ,rbove naaed pri3posed oorpofa-
                                   lo oopy ol our letter of Deem-
                                   l,soed   to   the attorney     for   the
                                   Cod end a photoatatio          aopy    0r
                                   ired to our lettar.
                              i the ch,ster io aatirfactory
            to this office, the neaoaoary filing foes have
            been paid snd satiofactaryovfdenoo heo been
            furnished relstive to the pey.3entof the copltel                           -
            etook. Tho only question thi$ dopertnont is in
            doubt about lo whether Sub-Dlrielon      80 of   hrtl-
            ale 1302 authorizeTexno oorporetionoto bo formed
            for the tranoaotionof bu#inasa      in this   rtute.

                    “80 are therefore reepeotfully              raqus8tin&
I
        the opinion of your departzmaatin                    anewer    to   the
        r0ii0wfeg      qu44ti0a8;

                  "1. 3s tht8 offloe ruthorimed to
                      hpprovo ana it10 a charter under
                      the provialonoor Sub-Divimlon
                       80 or Art lo14        1302 when 1t I#
                       the igtorrtof the oorporrrtlon
                       to trahsaot fts butilnem ln
                       thla ~@ate?
                - *t. ShoWI thfm dopartmnt approve
                      and tile tha snolosed aharter?*

      The parposo olauaa of the ohartor of                       the   proposed aorpora-
tion road* am r0imOt

         Sabdlrision        80 of Aa'UolaltfJt,         ~maoa'8 .Annotot& Civil
Stetuto8,~rudm,         fn pert, a8 followrt

                  "To 40 bu8ino.a        ia any      State    dt, forala
         aountiyr

              "(a) Tha .stabiimUeat of 1~14 ooapaalaa
        to buy, own, ~11 and oonroy real l8ta tom4
        &nor&is, and eqay U mining, agticultulro   and
        stock rnlsing.

                  "(0) + * * anyorparatloa erganlme4                     hero-
         uador    ahall only own 8uoh,rool letete   ia                 thle
        Stat0     88~ may   44   nooosuary     rot    It*,   ofrl44.      * * *n

                                                                                            ...?
                                                                                           /-
                                                                              793

Aoguhr  ~oeaton, U3897,waa 8n a4t to aand iuticlaa 841 and
642,         2, Tltlo 21 0s ma Sovised Clrll at~tutaa 0r
         Chapter
!kXaa, rolattag to tha oreutlon 0r oorporationp.
          Liubeeotion39         0s    raid AOt reads aa r0110~8:

                "l'hoontobllahmcmt  0s land aimkm148
          to buy, own; 0011 an4 4onvoy xoal oatata la
          MJ stat4 or fom%i(gi couatry; but mob ooa-
          9any rho11 on&y own luoh raal aatat4 In thlr
          Stat4 eO.may b4 noarsaary for it0 0rri00.*                      .

         SubdlriaionSo.,SPQM. ‘wasmm.404 by tha lkaaty-aovonth
Logialaturr,   Regular 3488fon, 1901, by mu84 Biu 110.43s. sala
Rowe Bill lo. 4SS, lup x a p,r o vidw, Inp ut,a sio llo wa ;

               ‘SO.  for the ptwp004 0s doing                 boainesr
         ln cny stat0 or ror4Lga oountky,r
               “(a) The eetabllehwat  of load eOmpao1oa
         to buy, owns,8@ll an4 oonvey raal artata an4
  -      aine~ala end ~rgag4 in m&I-, agrIOultti0an4
         atook rriaIng.

               ‘(0) * + * prorIQod, that 4ziy &rporation
         organlaad wdor the 9rorI010~ Of tbl~ lubdltlalon
         ahrll only own lu6h real oatate IP t&la Stow    aa
         my b4 n*ooarary  r4r itB 0rrie4. * * *

                   -340.   3.        Whoroaa, 0wy     oit:ioonr 4r   tb
         state     or, Twmo     am      daalmw      0r roraag   oorporw
         tfona for tho purpoaa 0s       lnwgin(1 In buolaoaa
         In ;ICltIoo,   Cube, 9uortO Web an4 the Philipplnm
         Islands an4 rartow othar for4iga aagntrliag           4aQ
         ahoreaa, auf 9rascurtoorporat1on laws 4~4 Inab-
         quete    to worer such Borwrata powur a8 u4
         n40488~p     t0  the r0r3ttbtion 0s luoh oo?np4d14a   for
         th4 &Wlr~OO,sr an4 upan th4 torma provldod la this
         Aot, and are oow 84ering       inaorporatloain other
         Ytatos or the ilnionwhich ellorroorpontiona           for
         auoh purpo448,tha8 4aprIrin6 tha state of Tore8
         Of the la(;ItIiurte   rovoauoa   that   would be duivod
         rrofa tha buainosa 4ntorprise        0s her cit%tsna~ end
         Werena, the grosmt a4eato~ of the kglalaturo
         18 wariq      ‘It8 ol.004,end the oalonduo 01 the
         3onato and HOUU~ 4~4 IB a orow4a4 mmdltfoa,
                                                                                         ,i
                                                                                              794

        Therefore, an bmorgen67bxlot8, and impratl~o
        pub114    n4o488ity  domrn&8  th4t  the COnBtitUtiOnal
        Rule   requlrlng bllla    to k   road on thr80    88woral
        daya finoach Hour4 ha suapendod, and that thb
        -at  tari   4ff4ot  end b4 in Pcmco from an& after
        its    pae*ago.       and it     ia 80 onaotod.'

      Roforrlng to Yubdlrlmlon80, iirtl4181308, VWIIO~S’BAm+
tat44 Cltil Otatut48, it I4 statd 1~ VO~UM 10, 20~48 J~l8gr~d0~8,
Pago BD@s

              *+ + * A dome8tlo corporationsay bo or&anit-
        o dfo r tha lxpn88 purpose of oonduoting ioni@
        bUelnor8;       &at without      the 4ZQr488    authorimatfon
        of  its    chartor,     it  may oonduot    ioroiga     bu8iarr8
        80 rat am it        la parfaItto     by th4 low of the ior-
        4le     4tat4.*

         u   th.      BPBb   Of    04IiOF41   -tOPI        AIHDtaQ44 ~rDW4tiODT.
YoCellor.      Smrutary           of &ate.      10    8.   W’. (a)   6W,   it   la   44ib:

                  a* * * x plvatb    eoworatloa    ho8 no right
        to tran8aat it8 bu8lncl88      in the Stat. witbout the
        authority     ltiQon04B   in 4u4h a mar a8 the   Stat8
        may dinot.        A Oofporatibn, Being an anlrlalal
    -   porooa, ham only push powor          a8 oonlorrodby its
        quirtrr,     and *aa adlJ tramart ita buaSnsr8       in
         $h$   ynsr          and ia the tbrrltory pwaitbod bf law,

        By rxprerrr ltatutooy prorl8lon8, the aequl6ltlonor lund                              by
4 oorporatton I8 roetrlctrb to the Mpulram%t8 of the oorporatlon
to saablo lt to de buolaoss r1thl.nthe Stute or to that puroharrd
by the Qorporationto 84a~r4 a bebt.  (EW  ati.    13SV, Vornon*r
rinnotatodGlril Stetuto*).
       Arti   136P, Vomon~r Anaotatod civil Statut.44,  prohlbito
a OOrpOrotiOaW&o*4 lauin purparo i8 th@ aoquiriticnof lmd by pur-
shoreo,loam, or otherwlob,  from aequirlng say land in !hxa8. Said
rtatuto r4ad,8am         follow:

                 *Ho privhto aorporation h4r4tofar4or hero-
         uftsr 4h;rrterod  or orontod w&or4 nmln purpon4 of
         bu8in448   18 tbo aaquieft;on or ownerohlp of land
                                                                                                              795

            by guroh484, loisso or otherwl44, rhall heroalter
            b4 psralttadto require   4ny land wIthin this :it*t4
            by puroh~ae, 14444 or otbmwlw.l

       hpparoctly,the main qUO8tiOA InvoLrcd     in your  roquaat
18 wh4thor OOrpOratiOAB or@fIis4d UIldOrsubdlvlelonSO, S4otIon
(4). Artlolo lSOS& oaa legally traurnot burInoe4 ln thlo Stat,.
or n&ether euoh protl~ioo8 Of the etatUt   authorirta   a doaratio
oorporatIon          to    0rgkoi.a~     ior    th4   4xpreaa purpoim or ~onduotln6
burla~~a         IA-45s Ytato Othsr th4n Toxar or fOroig4 oountrlr8.
           We kr4    fall46 to find 4ny Toxae 0884 dlnotlf paulrig
epoa tho qeratlon unbar oon8ld4ratIoa. Bnmv*r,             fn vlou of the
iorufgoing    BtatUt48    and tb8 em4rgonay  claun  O? Ibun      Blll.Ho.
43S, lup r a it, Ia oar oplnlon that oorporetfonrorgadised              and
inoorporated endor Bubdirlaloo         80, Sootion (a), Artialo 13C2,
are not authoriz.rd to tranmot kui#LOaB ln tbfr Btat8.                Stated
anothof     war, it lo ouz opinion that     oorporatloaa organiad undsr
81~bbU~i810n    SO, Sootlon (41.. &loAa      13018,or4 4uthorlr4d        t4
tra484OtbU8in.88        In BOW   othar stat8 Or ?OrclI~    OQWltr~     Olllr
and -8 not authorlsodto tWW46t~bU4iUiBB              in tbla   State.

        In oonotruin6  8 *tateta, a oourt 18 66t r48trIot4d to it8
bw.    *'ftmay refer  to othox gortIOnU OS the Ad,  that   18, tbo
eajation or title, aid the pre8mbl.a aad 8Iwrgrnoy 014~40.

           It la atatrd          lo Faxa        Jurirprtadonm,               Voluam        SO,    Paw elr7:

                      *a4     $U~j1480     Of   UI    BRWr&4nOf        4m84           18    AOt
           to olarify OT d8oW4 the Antontion of the L46Ia-
           latch, nor to brplrin th 4xpr488 laq~m     of the
           sot, but merely to luatif~ 4urp4nrionof tbo Gem-
           ltItutionaI&lo roqufrla$ ths bill to b4 rood QB
       -   thrn      84parat4       day8 or to m4k4              the   not      im4diately
           4ftrotiT4.      It
                         may not bo lntokad for tbr pur90z4
           or raldng 4n ambf6ultr in 4 8tatut4 or to oontrol
           ite PlaiB 34aalng Or pUrp44a. BUt an omergauey
           ~Olau44        may bo   fJOABidOr4d        if,   it   8h8dB       li@kt     UpOn
           the fnqulry anll'wlllaid tb4 oourt la lroortalala(a
           the la~i8lati+o   iAtOAt, 8V’M thOUgh it 18 not Of-
           frotivo to surpend the Con8tltutlonall&114.*

           Ln VioW Or what Ii&Sboon BclidhcrOtOfOr4, it i8 oUC
opiz&m that both of your pueIrtion8, a8 quoted above,    ahould
be anmered in tha nagatlvo, and are IO an8wemd.
                                          Youra   very truly

                                                  Ardell Wllliin8
                                                        Assicltant