The freeman. (Fremont [Ohio]) 1849-1850, 1850-05-04
AN ACT
March %, 1850.

AIN All
In relation TO Judicial proceedings in favor of and
against dissolved corporations
SEC. Be 1t enacted by the General ASSEM-
bly Of the State Of Ohio, That any banking or
other corporation may at any time after its
dissolution, whether such dissolution occur by
the expiration of its charter or otherwise, pros
ecute any suit at law or in equity. in and by
the corporate name of such dissolved corpora
ton for the use of the party entitled to receive
the proceeds of any such suit, upon any and
all causes of action, accrued OK which but for
such dissolution would have accrued in favor of
such corporation, 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 its cor
porate name, for or upon any cause of action
accrued, or which but for such dissolution
would have accrued against such corporation,
in the same manner and with like effect as if
such corporation were not dissolved, and all
process by which any suit either at law or in
equity may be instituted against any such dis
solved corporation, may be served by the sher-
if or other proper officer, by delivering to any
one OF the assignees, trustees, receivers or per-
sons having charge of the assets of such dis
solved corporation, copy thereof or by leav-
ing such copy at the residence of any such
assignee, trustee, receiver or person having
charge of such assets.
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 may at any time
hereafter become dormant, may be revived in
favor of or against such dissolved corporation
as the case may be, in and by the corporate
name of such dissolved corporation, in the
same manner and with the like effect as if such
corporation were not dissolved; and in all
cases of such judgments or DEGREES 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 corporations.
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 or
against any such dissolved corporation, in and
by its corporate name, in the same manner and
with the like effect as if such corporation 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. 5. That the provisions of the fourteenth
section of the act instituting proceedings
against corporations not possessing banking
powers, and to provide for the regulation OF
corporations generally, passed March Z, 1s42,
in relation to the appointment of trustees of a
dissolved corporation, and its effects shall be
taken and construed as extending only to those
cases of dissolved corporations wherein no trus-
tee or trustees, assignee or assignees thereof
have been appointed by the stockholders, di-
rectors Or managers thereof, and shall not ex-
tend to cases of dissolved corporations in which
the corporation before its dissolution, or the
stockholders, directors or managers thereof
have appointed, Or may hereafter appoint a
trustee or trustees, assignee or assignees
thereof.
Sec. 6. Nothing in this act contained shall
al any time be construed as extending or re-