State ex rel. University Lumber & Shingle Co. v. Nichols

Citations

• 48 Wash. 605
• 94 P. 196
• 1908 Wash. LEXIS 927

Syllabus

<p>Corporations — Foreign Corporations — Right to do Business— Articles — Construction—Trust Companies. Articles of a foreign corporation authorizing it “to act as agent in the sale and purchase of real and personal property” do not authorize it to do a trust business, and hence do not require compliance with the provisions relating to trust companies.</p> <p>Same — Real Estate Brokerage Business — Statutes—Construction. The proviso to Bal. Code, § 4291, prohibiting a foreign corporation which has among its powers the business of real estate brokerage from carrying on a Brokerage business in this state, provides that the prohibition shall not extend to any other business for which it is organized; hence a manufacturing company authorized to do a brokerage business in its home state is entitled to file its articles and do other business in this state.</p>