State ex rel. Collins v. Cresent Cotton Oil Co.
Citations
- 116 Miss. 398
- 77 So. 185
Syllabus
<p>1. Corporations. Foreign Corporations. Power of state.</p> <p>The state not only has the right to prohibit a corporation from entering it for the purpose of transacting business but also to expel such a corporation from the state after it has entered and commenced doing business therein, provided only that such corporation is not thereby deprived of a right guaranteed to it by 'the federal Constitution.</p> <p>2. Same.</p> <p>The state also has the right, under section 178 of the state Constitution and within the limitations of section 14 thereof to withdraw from a domestic corporation powers granted to it when chartered, provided, also that such corporation is not thereby deprived of a right guaranteed to it by the federal Constitution.</p> <p>3. Same.</p> <p>Laws 1914, chapter 162 (Hemmingway’s Code, section 47C0 et Sequitur), providing that a corporation engaged in the manufac0 ture,-of cotton seed oil products shall not operate a cotton gin except where its cotton oil plant is located, and imposing a penalty, and in addition forfeiture of charter, if a domestic corporation, and if a foreign corporation, forfeiture of its rights to do business in the state for violation of the statute, is within the powers of the state.</p> <p>4. Constitutional Law. Criterian.</p> <p>The criterion by which to test the constitutionality of a statute is not that those affected thereby may be inconvenienced.</p>
Judges: Smith
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