The ability to have a vertical scroll bar on a multi-line textbox is not available in MATLAB 7.0.1 (R14SP1).
To work around this issue, you can use a editbox where the "Min" and "Max" properties are such that "Max - Min > 1".
h = uicontrol('Style','edit','Position',[10 10 150 50],...
'min',0,'max',2,'enable','inactive');
str = {['Since its founding in 1984, MathWorks has become the leading ',...
'global provider of technical computing and model-based design ',...
'software. Headquartered in Natick, Massachusetts, MathWorks ',...
'currently employs more than 1,000 people worldwide. ']};
set(h,'String',str)
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