Goodloe v. Tennessee Coal, Iron & R. Co.

Citations

• 117 F. 348
• 1902 U.S. App. LEXIS 5103

Syllabus

<p>1. Foreign Corporation—Grant of Privileges—Domestication of Corporation.</p> <p>Acts Ala. 1892-93, p. 454, entitled “Relating to the Tennessee Coal, Iron & Railroad Company, and to confer certain rights and powers on said company,” provides that such corporation, “created by and existing under the laws of Tennessee,” shall enjoy all privileges and immunities conferred by general laws for industrial purposes. It is authorized 1» build furnaces, etc., is given the power of eminent domain, authorized to consolidate with other corporations, and form one general one, under another name, but it is provided that the act shall not limit the rights of the corporation under its Tennessee charter. The constitution of Alabama declares that the subject of an act shall be stated in the title. Held that, as the statute gave no suggestion of an intent to create a corporation, it did not make the Tennessee Coal, Iron & Railroad Company a corporation of Alabama, nor was the corporation’s acceptance of the powers conferred any consent to such a change in its status.</p>