Missouri v. Kettle River Co.
Opinion of the Court
The prosecuting attorney of Cape Girar-deau county, Mo., brought an action 'in the name of the state against the Kettle River Company, a Minnesota corporation, to recover a penalty of $50,000 for doing business in Missouri without first obtaining from the Secretary of State a certificate of permission. The trial court held the action was brought without proper authority. The case depends on sections 1025 and 1026, Rev. Stat. of Mo. 1899. The first requires every corporation of another state organized for gain, “now or hereafter doing business within this state,” to file with the Secretary of State a copy of its charter and a sworn statement of the proportion of its capital represented by its property and business in Missouri and to pay into the state treasury certain incorporating taxes and fees, as a prerequisite to a certificate from the Secretary of State authorizing it to do business. Section 1026 imposes a penalty of not less than $1,000 for neglect or failure to comply with the statute recoverable in any court of competent jurisdiction, makes it the duty of the Secretary of State, when advised of a violation, to report the fact to the prosecuting attorney of the county where the business of the corporation is located, and provides that the prosecuting attorney shall, as soon thereafter as practicable, institute proceedings, etc.
We think the trial court was right in holding it was the intent of the statute that a report by the Secretary of State should be a condition precedent to an action by the prosecuting attorney. The statute is highly penal; the fine prescribed being without limit above the sum of $1,000. An example of what might be done under it is shown by the present action in which the penalty demanded is $50,000, though the company had fully complied with the statutory requirements about six months before it was brought. Such statutes should be fairly construed to give effect to the legislative intent, but care should be taken not to go beyond. When the statute in question was enacted, it was-doubtless rcognized that many foreign corporations were already doing business in the state; that many others would come afterwards; and that,
The judgment is affirmed.
Reference
- Full Case Name
- STATE OF MISSOURI v. KETTLE RIVER CO.
- Status
- Published