262 S.W. 876 | Tex. App. | 1924
Another contention, relating to which a number of appellant's questions are urged, is that the appellee order failed to show a permit to do business in this state covering the period of the issuance of the insurance certificate under consideration. Article 4761 of title 71, Rev. Stats., declares that:
"No foreign or domestic insurance company shall transact any insurance business in this state, other than the lending of money, unless it shall first procure from the commissioner of insurance and banking a certificate of authority," etc.
Article 1314, of chapter 26, title 25, relating to foreign corporations, provides generally that:
Such corporations are "required to file with the secretary of state a duly certified copy of its articles of incorporation; and, thereupon, the secretary of state shall issue to such corporation a permit to transact business in this state."
Article 1318 of the same chapter provides that:
"No such corporation can maintain any suit or action, either legal or equitable, in any of the courts of this state upon any demand, whether arising out of contract or tort [committed], unless at the time such contract was made, or tort committed, the corporation had filed its articles of incorporation under the *877 provisions of this chapter in the office of the secretary of state for the purpose of procuring its permit."
This is the only article we have in mind which declares the consequence of a failure to procure a permit, and it is to be noted that the prohibition of this article only prevents a corporation from maintaining any suit or action, but does not prohibit a corporation sued from presenting any lawful defense that it may have. Freeman v. Garcia,
Moreover, article 1319 of said chapter 26 provides that:
"The provisions of this chapter shall not apply to * * * such corporations as are required by law to procure certificates of authority to do business from the commissioner of insurance and banking."
It follows, we think, that the questions relating to appellee's alleged failure to seasonably secure a permit from the secretary of state are also immaterial.
Other questions, we think, may be passed without discussion, and we conclude that all assignments of error and propositions should be overruled, and that the trial court's conclusions of fact and law should be adopted, and the Judgment affirmed.