Summary

Ward Hunt Tioga Railroad v. Blossburg and Corning Railroad…

Of course, it could not bring its residence into the State of New York. It was resident out of the State when the cause of action accrued against it, and had ever since so continued. There is no limitation of the time in which the action may be brought in such a case.
Statutes of limitation are in their nature arbitrary. They rest upon no other foundation than the judgment of a State as to what will promote the interests of its citizens. Each determines such limits and imposes such restraints as it thinks proper.
Source: Wikisource

Ward Hunt Tioga Railroad v. Blossburg and Corning Railroad…

These principles have never been disturbed, although other doctrines contained in these cases in regard to the residence of a corporation, when plaintiff in an action, have been reconsidered.
It is also established in the courts of New York, [11] that a foreign corporation is a citizen of the State from which it obtains its charter, and that it is incapable of immigration.
We do not say that a corporation cannot run its cars in a State other than that where it is incorporated and where it is domiciled, nor that it cannot by its lawful agents make contracts and do other business in such State.
Source: Wikisource

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