Page:Harvard Law Review Volume 9.djvu/133

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OWNERSHIP BY FOREIGN CORPORATIONS, I05 different interpretation may be adopted by the State courts after such rights have accrued." It is said that " as the very object of giving to the national courts jurisdiction to administer the laws of the States in controversies between citizens of different States was to institute independent tribunals which it might be supposed would be unaffected by local prejudices and sectional views, it would be a dereliction of their duty not to exercise an independent judgment in cases not foreclosed by previous adjudication." Arthur M. Alger, Taunton, Mass. GEORGE R. WALKER COUNSELOR AT LAW 69 WALL STREET NEW YORK