The Statutory Rule XXXVII/1875, Commercial Act came into effect on January 1, 1876. In Slovakia, the other provisions of this Act, lost its force on 1 January 1955. A substantial part of the provisions of this Act was made void by the Civil Code in 1950, with effect from 1 January 1951. The Statutory Rule XXXVII / 1875 was based on Act no 1/1863 r.z., General Commercial Code. This article examines the economic and political circumstances of the adoption of this Act and compares the contents of the Statutory Rule XXXVII/1875 and Act no. 1/1863 r.z. This article pays attention to the circumstances that have resulted from changes in the constitutional arrangement after the Czechoslovak Republic was established (1918), as well as the Slovak Republic (1939), as well as restoration of the Czechoslovak Republic after the World War II, which mainly concerned capital companies.