(DOWNLOAD) "American Smelting and Refining Company v. Colorado Ex Rel. Lindsley" by Supreme Court of the United States # eBook PDF Kindle ePub Free
eBook details
- Title: American Smelting and Refining Company v. Colorado Ex Rel. Lindsley
- Author : Supreme Court of the United States
- Release Date : January 07, 1907
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 78 KB
Description
It is conceded that the corporation has paid all its indebtedness for taxes or otherwise to the State of Colorado, except the amount demanded under the above-mentioned law of 1902, and that it has obeyed all the laws of the State with that exception. It is urged, however, upon the part of the corporation that, by its admission into the State, with its right to do business therein by the payment of the amount of money required for such purpose under the then existing law, a contract between the State and itself was thereby made that it should be permitted to remain therein during the term of life which the State by law allowed to corporations created by it (which was twenty years), without being again subjected to further exactions of money for what it had once paid for, viz., the right to remain and transact business in that State. Undoubtedly, if the corporation violated the laws of the State properly applicable to it, or if otherwise it gave just cause for its expulsion, it could not insist upon such a contract as a defense.