Summary

Pierce Butler Detroit International Bridge Company v…

Appellee insists that to own and operate the bridge and take tolls for its use does not involve intercourse between Michigan and Ontario, and that therefore appellant is not engaged in foreign commerce, and further maintains that appellant has power to engage in business other than the operation of the bridge. We do not consider whether appellant is engaged in foreign commerce, for we are of opinion that it has failed to establish that it has no power to carry on any business that is not within the protection of the commerce clause.
Source: Wikisource

Pierce Butler Detroit International Bridge Company v…

The statute, section 4, as amended, declares that every corporation, excepting certain companies that need not be named, organized under the laws of the state 'shall * * * for the privilege of exercising its franchise and of transacting its business within this state, pay to the secretary of state an annual fee of two and one-half mills upon each dollar of its paid-up capital and surplus, but such privilege fee shall in no case be less than ten dollars nor more than fifty thousand dollars.
Source: Wikisource

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