State ex rel. Hopkins v. Cogley

Citations

• 109 Kan. 427
• 198 P. 939
• 1921 Kan. LEXIS 147

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Educational Corporation — Duration of Charter. The life of an educational corporation organized under a general statute providing that every corporation shall have succession “for the period limited in 'its charter, and when no period is limited, for twenty years,’.’ where its articles of association provide that it shall exist forever, is not limited to the period mentioned; and without extension or renewal its corporate capacity continues until a limit is placed upon it by subsequent legislation. A later enactment changing the word “twenty” to “fifty” in the clause quoted, and providing that the existence of a private corporation shall begin on the day the charter is filed and continue for fifty years is prospective in its operation and is not intended to diminish a grant already made.</p>