Any alien or foreign corporation may purchase, acquire, and hold title to or be a lessor or lessee of as much real estate as shall be necessary for the purpose of (1) erecting thereon manufacturing or industrial establishments, and in addition thereto such real estate as may be required for facilities incidental to such establishments, or (2) erecting and maintaining establishments primarily operated for the storage, sale, and distribution of petroleum products, commonly known as filling stations or bulk stations.

Source

  • Laws 1889, c. 58, § 4, p. 485;
  • R.S.1913, § 6276;
  • Laws 1919, c. 136, § 1, p. 313;
  • Laws 1921, c. 142, § 3, p. 609;
  • C.S.1922, § 5690;
  • C.S.1929, § 76-505;
  • Laws 1931, c. 128, § 1, p. 361;
  • C.S.Supp.,1941, § 76-505;
  • R.S.1943, § 76-413;
  • Laws 1945, c. 184, § 1, p. 573;
  • Laws 1953, c. 264, § 1, p. 875.

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Terms Used In Nebraska Statutes 76-413

  • Acquire: when used in connection with a grant of power or property right to any person shall include the purchase, grant, gift, devise, bequest, and obtaining by eminent domain. See Nebraska Statutes 49-801
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Foreign: when applied to corporations shall include all those created by authority other than that of this state. See Nebraska Statutes 49-801