Commonwealth v. American Steel Hoop Co.

Citations

• 226 Pa. 6
• 74 A. 617
• 1909 Pa. LEXIS 863

Syllabus

<p>Corporations — Foreign corporations — Bonus upon capital employed in Pennsylvania — Act of May 8, 1901, P. L. 150.</p> <p>A foreign corporation which was in this state with a portion of its capital employed here before May 8, 1901, is not within the provisions of the Act of May 8, 1901, P. L. 150. It is not liable for a bonus either on the amount of capital which it had employed in this state prior to May 8, 1901, or upon any portion of its capital subsequently brought in and employed here.</p>