The Portsmouth inquirer. [volume] (Portsmouth, O. [Ohio]) 1849-1855, 1850-07-08
AN ACT

AAAN AZ
In relation, to judicial proceedings in favor Of
and against dissolved corporations.
SEC. l. Bet enacted by tie General As.
sen6ty Of the State of Ohio, That any hank.
ing on othel corporation may at any time af.
ter It's dissolution, whether such dissolution
occur BY the expiration of It's charter or
ofherwlse, prosecute any suit at law or in
equity in and by the corporate name of such
dissolved corporation for the use Of the mar
~ entitled to receive the proceeds Of any
such SUIT, upon any and all causes of actor,
accrued or which but for such dissolution
would have accrued in favor Of such corpo-.
ration. In the same manner and with the
like effect as if such corporation were not
dissolved.
SEC. 2. Any such dissolved corporation
may be sued at law or in equity In and by
us corporate name, for or upon any cause
OF action accrued, or which but for such dis
solution would have accrued against such
corporation, in the same manner and with,
the like effect as if such corporation were
not dissolved, and all process By which any
sun. ellner at law or in equity may be insti4
tuted against any such dissolved corporation.
may be served by the sheriff or other proper
omcer, by delivering to any one Of the as
signees, trustees. receivers OF persons having
charge OF the assets Of such dissolved como.
ration, a copy thereof or by leaving such
copy at the residence of any such assignee
trustee receiver or person having charge OF
such assets. e1zS1
SEC. 3. Judgments and DEGREES in favor
OF or against any such dissolved corporation,
whether such judgments and DEGREES were
rendered before or after such dissolution.
and which have heretofore, or NAV at any
time hereafter become dormant, NAV be re-.
vived in favor Of or against such dissolved
corporation as The case may be, in and by
the corporate name of such dissolved corpo
raIlon, In the same manner and with the like
eiect as II such corporantion were not dis
solved, and IN all cases of such judgments
ordecrees against any such CORPORATION, the
writ OF scire facias or other proper process
shall be served in the manner prescribed IN
the second section of this act for the service
OF process in suits against dissolved coroo.
Tations.
SEC. 4. Writs Of error upon judgments
at law may be sued out, and bills OF review
In chancery may be exhibited in favor of ar
against any such dissolved corporation, and
by It's corporate name, in the same manner
and with the like effect as if such cofpora-
ton were not dissolved, and process thereon
against any such dissolved corporation shall
be served in the manner prescribed in the
second section of this act.
Sec. D. That the provisions of the fony.
tteenth section of the act institutinp proceed
ings against corporations not possessina
banking powers, and to provide for the regu.
iauon OF corporations generally, passed
March z, lS42, in relation to the anpo;nt.
ment OF trustees Of dissolved corporafiof,
and its effects shall be taken and constrped
as extending only to those cases of dissolved
corporations wherein no trustee or trustees,
assignee or assinees thereof have been an.
pointed by the stockholders, directors q
managers thereof and shall not extend tc
cases OF dissolved corporations in which n,
corporation before its dissolution, or TN
stocknolders, directors or managers tbereo
nave appointed, or may hereafter appoint /,
trustee. or trustees, assignee OF assignee,
Sec. s. Nothing in this &C. contained
snail atany time be construed as extendinr
or revivlng the charter of any banking o
other corporation, dissolved either by efiiux
ion oil time or otherwise for any other pur
pose than that Of judicial proceedings Il
tsorof oragainst the same.
!, SEC. z. The fourth and fifth sections o
the act 70 amend the act entitled an act /,
institute proceedings against corporation
mol possessing banking powers, and the visi
iorlal powers of courts, and regulating Cor
pIeonnons generally, passed February 2l
lSi9, are hereby repealed. IL .
BENJAMIN. LETTER,
Speaker Of ftte House of Rrpressniatises
CHARLES Q. CONvERS,
March 81, 1880,