177 So. 653 | Miss. | 1937
The sole question for decision in this case is whether a corporation chartered, organized, and domiciled in another state, but which has been domesticated in this state by full compliance with sections 4160-4162, Code 1930, is subject to attachment in the courts of this state as a nonresident.
The precise question has not been directly decided in this state, or in any other state having domestication statutes of exactly the same provisions as contained in ours, so far as cited by counsel or which we, on our part, have been able to find. But we think the difficulty can be solved upon two considerations.
Whatever may be the full import of the domestication statutes, we think it may be safely said that they do not operate to make two separate and distinct corporations. The foreign corporation domesticated here still remains one corporation, and it must, therefore, have its domiciliary residence in one state and not in both. Thus, it seems the more reasonable to ascribe that residence to the original state which above others has visitorial and supervisory powers over it, as well as the final authority to dissolve it.
Under the ruling of the Supreme Court of the United States in Southern Ry. Co. v. Allison,
Reversed and remanded.