Untitled Texas Attorney General Opinion

Honorable Wm. J. Lawson Secretary 0P State Austin, Texas, Dear Sir: Attention:' Will Mann Richardson O&&on No. O-3304 Re: Whethes th,e'Holland Texas Hypotheek Bank of Amsterdam, Holland, will ,bedoing busi- ness~in Texas under the re- cited facts. You,havw requested the opinion of this depart- ment upon the question of whether the Holland Texas Bypo- theek sank of'imstwrdam, Holland, under the recited facts, may surrender ita permit to do business in Texas and not be subject to liability there,altwrfor doi,% business in Texas without a permit. Thwre was enclosed with your rw- quest4wtter a copy of ~aletter ftiomthe attornwy for the corporationwhich rwcitws the following facts: "The Holland Texas Hypothwek Bank of Am- sterdam, Holland, Incorporatedunder the laws of the Kingdom of Netherlands,was granted a pwrmlt to do business in Texas on November 30, 1931, whloh permit will expire on November 30th of this gear, In May, 1940, the Netherlands waa invaded by Germany and occupied by Pores and as a rwsult of such invasion and for thw purposes of protecting the assets,oP the sub- jects ~ofthe Kingdom of'the Netherlands,the President issuwd a proclamationPrewzing all of said funds located within the United States. On May 24, ~1940,the Royal NethprlandsOovern- ment residing in London, promulgatedits dwcrww wherwbg the title to all propwrty,in the United Ztatws was vested In the NethsrlandsCtovernmsnt. Under the dwcree, the Minister of the Netherlands 'wad appointed Attorney:inFact for the Government and was duly wmpower,edto delegate the authority vested in him. Honorable Wm. J. Lawson, Pagw 2, (O-3384) "For the purpose of placing an additional protection around the assets of this corporation as against thw enemy, it became necessary to adopt a plan in the nature of a reorganization. In brief, the plan followed was to organizw a domestic corporationunder the laws of this State, said corporationbeing designated the Holland Texas Mortgagw Compeny with an office in Port Arthur, Texas. All of the assets of the Holland Texas Hypotheek Bank of Amsterdam, Holland, were transferred to the Holland Texas Mortgage Company. Since said date, the domi- cile of the Amsterdam corporationhas bwwn changed undwr Dutch law to Wlllemstad, Curacao. The,only asset now hwld by the Holland Texas ., Hypothewk Bank of Willwmstad, Curacao, is a mortagw on the assets of the Holland Texas " Mortgage Company which bears Interest. The COP- poratlon does not perform any of the acts au- thorized under its permit but continues to main- tain an office in Port Arthur, Twxas. All busi- ness such as erecting or repairing any building ,or improvwmwntand thw loaning of money, etc., Is done by the Holland Texas Mortgage Compeny." The question of whether a forwign'corporationis doing intrastatebusiness in Texas is essentiallyone of fact. The casws arw legion which dwal with the problem. Particularlyis this true where therw is the relationship of parent and subsidiary,or one otherwise contractural. We cannot categoricallysay, as a matter of law, either that the Hypotheek Bank of Amsterdam will or will not be doing business in Texas henceforth. The statement that the Holland corporationwill have a mortgage on the assets of thw Texas corporation,which bears interest, sug- gests many possibilitiesrelative to the actual relation- ship between thw two corporations. Likewise, the recitation that the foreign corporationwill continue to maintain an office in Texas does not descrlbw the activities or Sunations thereof. Moreover, the statement that the Holland corpora- tion will not continue to pwrform any of the acts authorized under its pwrmit or its charter is a legal conclusion,re- quiring both a knowledgw of the provisions of the corporationls permit and charter, together with an understandingof that which the corporationwill continue to do in Texas. Certainly thw'maintenancwoften office in Texas auggwsts the doing OS business in Texas. In King v. Monitor . -c Honorable Wm. J. Lawson, Page 3, (0-3384) Drilling Company, 92 9. W: 1046, 1047, 1048, it was said: "And unless a foreign corporationis trans- acting or solicitingbusiness in this State, or. has an office here, it is not rwquired under Eese circumstancesto havw a permit to do business to enable it to sue in our courts * * *w (Jbnphasis ours) In Morton v. Thomas & Sons Company, 93 3. WI 711, 712 (citedby the corporation*sattornwy'inthe ,abovwmen- tioned letter), the sign;niSicance of the maintenance of an office was recognizedby the court as follows: "Thw petition disclosersthat plaintiff, a corporationorganized and,doing business in Ken- tucky, holds the two notes executed and delivered to it by defendant in Texas and made payable in ,Galvwstonof that State. It is not disclosed that it had been doing business in this State, and such allegationsdo not bring it within the operation of the statutes.:The case of Chatman v. Hallwood (Tex. Civ. App.) 75 S. W. YbY, does not control, f th the plaintiff corporationalleged that i?had'%oSSice in Dallas County, Twxas, thus bringing itself clearly and affirmativelywithin %hw terms of the statute. The exact point was a id d b thi t in line with our present c%cl~sio~ in &TV. Monitor Drilling Co. (rw- cwntl decided by this court) 92 8. W. 1046. * * *' (Emphasisours) In Bank of America v. Whitney Central Matlonal Bank, 261 U. 3. 171, the Supreme Court of the United States held that the corporationwas not doing business in New York, and speaking through Mr. Justice Brandies said at page 173: "The Whitney Central had what would populat- ly be called a large New York business. The transactionswere varied. important and expen- sive. But it had no place of business in New York. * * *" (Emphasisours) Perhaps, however, the fact of thw maintenance of an office of itself is not conclusive of thw question as to whether the Holland corporationwill be doing business In Texas. As said by Mr. Justice Holmes In Edwards v. Chile Copper Company, 270 U. S. 452, "the activities and situ- ation must be judged as a whole". - ‘_ Honorable Wm. J. Lawson, Page 4, (O-3384) The general rule touching the question of whether a foreign COrpOratiOnis tPaXMactiIIg business in a state is summarized In l&a Corpus Jurls, Pagw 1270, Section 3977, as follows: "Thw general rule is that when a foreign corporationtranacts some substantialpart of its ordinary business in a state, it is doing, transacting,carrying on, OP engaging in busl- ness thwrwin, within the meaning of the stat- utes under consideration." An interminablediscussion'couldbe had upon this question in the light of the numwrous casws in which it has been involved. We do not, however, bwlieve that such would swrve a useful purpose in this opinion, The cases do demonstrate,howwver, why this department cannot with pro- priety categoricallyrulw upon the quwstion of whether the Holland Texas Hypotheek Bank will be doing bUSinWSs in Texas under the limited statement of facts before UB. YOUPB very truly ATTORREY GENERAL OF TEXAB By /s/ Zollie C. Stwaklg Zolllw C. Stwakley Assistant ZCS:LM:EAC APPROVED MAY 1, 1941 APPROVED OPIRION /s/ Glenn R. Lewis COMMITTEE ACTING ATTORKEYGERERAL BY B.W.B. c-