Summary

Portrait of Melville Fuller Melville Fuller Fidelity Mutual Life Association of Philadelphia v…

It is one thing for a state to forbid a particular foreign corporation, or a particular class of foreign corporations, from doing business at all within its limits. It is quite another thing for a state to admit or license foreign corporations to do business within its limits, and then subject them to some statutory provision that is repugnant to the Constitution of the United States.
Source: Wikisource

Portrait of Melville Fuller Melville Fuller Fidelity Mutual Life Association of Philadelphia v…

And yet, under the statute, a fire, marine, or inland insurance company, if it resists a claim for loss, is not liable, when its defense is unsuccessful, to pay any special damages or special attorneys' fee. It can defend any suit brought against it under the same conditions accorded to individual citizens or to corporate bodies generally. But a different and most arbitrary rule is prescribed for life and health insurance companies. Their good faith in refusing to pay a claim for loss, or in defending an action brought to enforce payment of such a claim, is not taken into account.
Source: Wikisource

Portrait of Melville Fuller Melville Fuller Fidelity Mutual Life Association of Philadelphia v…

Texas was quoted: 'A corporation is the creature of the law, and none of its powers are original. They are precisely what the incorporating act has made them, and can only be exerted in the manner which that act authorizes. In other words, the state prescribes the purposes of a corporation and the means of executing those purposes.
Source: Wikisource

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