Untitled Texas Attorney General Opinion

Ron. 11111Mann Richardson AssistantSeoretaryof state Austin, Texas Dear Sir: Opinion aso.0-30b3' Rer Benefitsaffordedby Chapter16, Title 32 of R.C.Si must be spec- ificallyadopted. The pertineutparts of your requestfor au opinionof this department read: ~“A foreigaoorporatiotihaving a permitto do businessin Texas under Subdivision37 of Artiale 1302 nowwishes to have the additionalpowers grant- ed by Chapter15 of Title 32 of the Revised Civil Statutes. These powersare set out in Articles1495 through1507. Attorneys for the oompauyhave raised tha followingquestions: "1. mether the provisionsof that Chapterapply to the corporation, eventhough it doss not specificallyaooept them. ‘2. If a speoifiointentionto aoceptthe protisiousof Chapter15 must be filed,may a foreignoorporation mend its permit to aooept these provisions. "It has been the praotioeof this DepPrbnent,wherea foreiguaorpora- tion wishedto ohaugeits pslmit~ frCarone subdivisionof &ticle 1302 to anoth- er, to requiw the corporationto surrenderits permitandtaka out a new per- mit under the oorreotsubdivision. In this ease, however, the,oorporation wishes to keep its presentpurposeclause,and also to nake mrtain that it has the rights,powsrs and privilegesgrantedby Chapter15. s Subdivision37 of Artiole 1302, readsr '37. To establishend main- tain au oil businessuith authorityto oontraotfor ~thelease and purohase of the right to prospsotfor, developand use ooal and other minerals,petro- lsulnandgas: also the right to erect, build and ems all meoessaryoil tanks, oars and pipes neoessaryfor the operationof the tisinessof the ssme. (Acts 1897, p. 188; G. L, Vol. 10, p. 1242; Aots 1915, p. 225.)" &t,icle 1495, Vernon'sAnnotatedCivil Statutea,oontainedin Chap- ter 15, Title 32, to whiohrefersnoewas nade in,your inquiry,readtj - Hon. Will Ram Rlohardson,page 2 (05003) "This Chapter&raoes oorporationsoreatedfor the purposeof storing,transporting,b~%ag aad selling oil, gas, salt brine and other mineral solutionsand liquefiedminerils2also sand and clay for ti uanufaotureand sale of clay produots).andtheproductionof oil andgas. (As aaeadedAots 1935, 44th Leg., p. 296, oh. 110, S 2.)" Such Artiolems anendedby Aots of 1935, 44th Legislature,page 296, Chapter110. The ssnendatory aot 1~8 designated88 Seaate Bill lb. 169. We believethe oaptionof the Bill is significant. It reads in part: "An Aot mending &zbditision36 of Article1302, Title 32,.Chapter1, of the B vised Civil Statutesof 1925, and amendingArticle 1495 and Subdivl- SiOh 3 of Article 1496 of Title 32, Chapter15, of the Rsvised Civil Strtutesof 1926, so as to add, after the words *mineralsolutions,tin each of said Artiolee,the words 'and liquefiedminerals,'. . . and amending..." Subdivisioa36 of Article 1302, Vernon'sAunotatsdCivil Stntutes, reads: "36. To store,transport,w and seli.oil,gas, salt; brine and other mineral solutionsand liquefiedminerals;also sand'andclay for the manufaotureand sale of olay produots.(As &aendedActs 1935, 44th Leg., p. 296, ch. 110, 8 1.)' Thus it seems clearfromthe LsgislatiVeexpressioaoontainedia the above quoted oaptionthat the adVantagesaffordedby Chapter15, supra, were to en-tendtothose corporationsoreatedunder Subdivision36, mpra, and not to those oreatsdunder Subdivision37 above quoted. Artdale 1506,Vernon's¬ated Civil Statutes,provides: 'Car- poratioa6organisedunder fhi6 ohapterwhioh shall file with the Secretary of State a duly authoriaedaoaeptanoeof the provisionsof this law, are hereby declaredto have, in additionthe powers emsneratedin this chapter, the power to carry on the businessthereianubhorisedoutsideof as nell as dthin this State;to own and operaterefineries,easingaadtreatiag plants,sales offices,warehouses,docks, ships,tank oars and vehiolee necessaryintie oonduotof their %msiaessaand to oaueethe formationof corporationsoutsideof this State,not exoeedingone in aw ststte, ter- ritory or foreigncountry,whose purposesand pouers exercisedshallbe only those coaferredby law upon the formingor holdingsoorporationaa inoorporatedunder the lam of Texas,and om and hold the stook of suoh oorporationwhen the effeot of such formationor stock holdingis not substantially to lessen competitionor otherwiseto violate laws probib- iting trusts rmd monopoliesand ooaspiraoiesia restraintof trade. (Acts 1915, p. 82.)' ~lbbeliem,.thata corporationpreviouslyoreatedunder Subdivl- sion 36 of Article 1302, or holdinga foreignpermitthereuuder,,~Qnuldbe requiredto speoifioallyadopt the provisionsof Chapter15, suprr,ia order to avail itself of the advantagesaffordedthereby. 3ttis our fur- ther opinionthat a corporationoreatedunder Subdivision37 of such &tiole, or holdinga foreignpermitthereunder,oould hot adopt the _ .- - A Hon. Will harm Riohardaon,page 3 (O-3003) provisionsthereof. He believethere is suoh a differenoein Subdivisions36 and 37 as toibllwithin the prohibitionoontainedin Article1314, Vernon'sAkmotated Civil Statutes,to the effeeof that: sNo amendmentor ohmgo violativeof the Constitutioaor lawe of this State or say provisionof this title or which so ohangesthe original purposeof suoh oorporationa8 to preventthe executionthereof,shall bs of any foroe or effect." It is our opinion,therefore,that a foreign oorporatioaholdinga permitunder Subdivision37 of Artiole 1302 may not amead its psmnit so as to ohenge its purposeto that authorisedly Subdivision36 thereofin order to avail itselfof the provisionsof Chapter15, supra. It muld be required to surrenderits presentpermitandtake out a new one under Subdivision36, and to specificallyadopt the provisionsof Chapter15. Of ooursethis aould not be done unlessthe purposeolausecontainedin the oharterof the oorpor- ationwas sufficientlybroad to permit au applioationunder Subdivision36. He do not mean to hold that all foreigncorporatioasseekinga per- mit totransaotbusinessintie State uuder Subdivision36 of ktiole 1302 0~11, as a matter of right, adopt the,provlsions of Chapter16, supra. It is neo- essaryto ascertain from the charterof the corporationwhether or mot suoh corporationhas the rightsand privilegesaffordedby Chapter15 in the state of its oreation. If it has suoh rightsad powers in the state which granted the charter,it may adopt the provisionsof Chapter15, and thus acquirethe ssme rights ia Texas. On the other hand, if it does not have such rightsin the state of its creation,it may not acquirethem in this State by virtue of an attemptedadoptionof Chapter15. A corporation,besing solely a creatureof law, oaa have ao power beyondthat of the law whi‘ohgives it birth. Its capaoltyto a& throughits agents out&de of the territoriallimits of the jurlsdiotionwhichcreatedit must, in any given ease, be determinedprimarilyly its charterand the laws of the state or sovereigntyunder and by virtue of whioh it hasbeen created and fromwhich it has derivedits fFArJOhi8e. It is always subjectto these laws, and they have a parmsountinfluenceover its oorporatepowerswherever it undertakesto exeroisetherm. Indeed,it is saidthat it oan have no oapa- citiesand oaa exerciseno powers anywherewhich are not expresslyor by im- pliaationgiven by the laws of the statewhich createdit. Its oorporate onmoitg and powersoannot be enlargedor ohangedby the laws of the other statesinwhioh it is psrmfttedto do business,exceptby reinoorporation of the associationthere. See Annotation44 A.L.R. 16; 47 A.L.R. 15641 97 A.L.R. 4773 119 A.L.R. 464; see also 23 Am. Jur. pp. 83-85 and 23 Am. Jur. Foreign aorporations880. 790 AFPROVND JULY 2, 1942 /d Grover Sellers Yours very truly ASSISTAUT, FIR,$!$ &ll'ORNEY GENERAL LA:mpWgW ATTORNEYGENBAL OFTEXAS APPROVED:OPINIONCO?dMITTEE SW2 cHAIRXAN By /s/Lloyd Amsstroag Assists&