Report of the Commissioner of Corporations On State Laws Concerning Foreign Corporations. March 15, 1915
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Day v. Postal Tel. Co., 66 Md., 354 (1887). A foreign corporation has power to take and hold lands in Now Hampshire. Lumbard v. Aldrich, 8 N. H., 31 (1835). roreign corporations may acquire and hold real estate in Vermont. (No statutory provisions.) Clare- mont Bridge v. Eoyce, 42 Vt., 730 (1870); State c. Boston, C. & M. R. Co., 25 Vt., 433 (1853). Foreign corporations may take bequests of charities under a will made in the State, when and to the extent authorized by their charters. University... o. Tucker, 31 W. Va., 621 (1888); Wilson v. Perry, 29 W. Va., 169 (1886). A foreign corporation which had not complied with the law leased certain real property and brought an action against another who it alleged had unlawfully withheld from it possession of the leased property. The defense was interposed that the lease was invalid because given before the corporation had complied with the law. Held on demurrer that the defense was good. Lanz-Owen & Co. v. Garage Equipment Mfg. Co., 151 Wis., 665 (1913).
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