"The general rule is recognized everywhere that a corporation is a citizen, resident or inhabitant of the state under whose laws it was created.”
How later courts described this case
- "The general rule is recognized everywhere that a corporation is a citizen, resident or inhabitant of the state under whose laws it was created.”
- "Our statute using a term defined by the federal courts should ordinarily be considered as having the meaning thus given by those courts, if consistent with our conception of its true meaning"
- "[A] corporation is a citizen, resident or inhabitant of the state under whose laws it was created. . . ."
Written by the judges who cited it.
The opinion
BOULDIN, Justice
(limited concurrence).
I concur in the result, but cannot concur in the view that a foreign corporation may acquire a “permanent residence” in Alabama within the meaning of section 103 of the Revenue Act of 1935. I have no quarrel with the authorities reviewed to the effect that for certain tax purposes a foreign corporation may acquire a local situs or domicile.
In my opinion section 345, Tit. 51, of the Code of 1940, requiring an annual permit to engage in business in Alabama negatives the acquiring a permanent residence in Alabama.