Page:United States Statutes at Large Volume 45 Part 2.djvu/970

 2646 TREATY-LATVIA. APRIL 20, 1928. ARTICLE XIII. CorporatlOIll! etc or Limi·ted l' bili'tv d th t' d. t' hth pnized In eltber c~un: I!. ~I an 0 er co~pora IOns an aBSOCia IOns, weer try may conduct their or not for pecumary profi~J which have been or may hereafter be business In the other. organized in accordance with and under the laws, National, State or Provincial, of either High Contracting Party and maintain a cen- tral office within the territories thereo~ shall have their juridical status recognized by the other High u>ntracting Party I,>rovided that they pursue no aims within its territories contrary to Its laws. They shall enjoy free access to the courts of law and equity, on con- forming to the laws regulat~ the matter, as well for the prosecution as for the defense of rights In all the degrees of jurisdiction estab- lished by law. Right to establish The right of such corporations and associations of either High branches. Contracting Party so recognized by the other to establish themselves within its territories, establish branch offices and fulfil their func- tions therein shall depend upon, and be governed solely by, the con- sent of such Party as expressed in its National, State or Provinci!l.l laws and regulations. ARTICLE XIV. Nationals of either The nationals of either High Contracting Party sho.11 enioy within country may organize th .. fhh . 11d 11 'th C!lrporatlons or associa· e terrItories 0 t e ot er, reclproca y an upon comp lance WI tlonslntheother. the conditions there imposed such rights and privileges as have been or may hereafter be acCC:rded the nationals of any other State with respect to the organization of and J>articipation in limited liability and other corporations and associatIOns, for pecuniary profit or otherwise, including the rights of promotion, incorporation, pur- chase and ownership and sale of shares and the holding of executive or official positions therein. In the exercise of the foregoing rights and with respect to the regulation or J?rocedure conce~ the organization or conduct of such corporations or associations, such nationals shall be subjected to no conditions less favorable than those which have been or may hereafter be imposed upon the na- tionals of the most favored nation. The rights of any of such cor- porations or associations as may be organized or controlled or par- ticipated in by the nationals of either High Contracting Party within the territories of the other to exercise any of their functions therein, shall be governed by the laws and regulations, Nationa.l, State or Provincial, which are in force or may hereafter be estab- lished within the territories of the Par~ wherein they propose to Polltlcsl associations enga~ in business. The foregoing stipuAations do not apply to the excepted. organization of and .I?articipation in political associations. Reclpro~al enjoy· The nationals of eIther Hi~h Contracting Party shall, moreover, h~'!i of mining priv- enjoy within the territories of the other, recIprocally and upon com- pliance with the conditions there imposed, such rights and privi- leges as have been or may hereafter be accorded the nationals of any other State with respect to the mining of coal, phosphate, oil, oil shale, gas, and sodium on the public domain of the other. ARTICLE XV. Commerclaltravelen Commercial travelers representing manufacturers, merchants and recognized. traders domiciled in the territories of either High Contracting Party shall on their entry into and sojourn in the territories of the other Party and on their departure therefrom be accorded the most favored nation treatment in respect of customs and other privileges and of all charges and taxes of whatever denomination applicable to them or to their samples.

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