The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1859-06-03

datory, "A certificate By tho clerk of tho pro.
per court of tho appointment OF such re.
ccivor shall bo sufficient authority to him to
tako possession OF the books property rights.
credits. and effects OF every description of
tho independent banking company. in re-
spcct Of which he is such receiver, and shall!
TO full authority to the shoriff OF the county
where such banking company is located to
givo such receiver full possession of such
books. property. rights. credits and effects
with the aid of the county if required so to
do. by such receiver
SEC. ? Whoucvcr the said receiver shall
have reason to believe that any such bank
ing company has issued notes Of circulation
in violation OF tho act to which this act is an
amendment, o. that such banking company
is entitled to any rights. credits. or effects.
which have hccn improperly taken By any
officer, employee, or stockhoder thereof. or
any other person and which arc in tho hands
ot the takcr or any other person or persons,
to whom the sums may have boon transfer.
red. or into whose hands tho sume NAV
have otherwise come it shall bo tho duty OF
such receiver to investigate fully ali the
facts and circumstances touching such trans
action. aud for that purpose ho is hereby
authorized. if hu deem it necessary and pro
per to do SO. to issue subITnas for any per-
sons found within tho county, whore such
subrpnas shall bo issued commanding them
to attend before him at a time and place. in
such county, to be designated in the sub.
rmna, to testify, touching such mattors as
may be cuquired of them bv the receiver,
aud such subpoena shall be served bv the
sheriff of such county. and tho receiver may
also insert in sIch subpGnas n clause ro.
curing the production before him of such
books and papers as may bG designated
therein, and no shall havo tho samo power
to enforce obedience to such subrnras and
to punish for disooedicnco thereto aud tor
refusing to testify in such case. that justices
Of the peace are clothed with in all cases OF
subpunus issued by them.
SEC 3. Such receiver NAV institute suit
in his own name rs such receiver, for all
rights. credits. and ctiec $. belonging to such
banking company, in either tho court of
common pleas or superior court u! Frank.
lin county; anG upon such suit being insti
tutrd. he shall file in such conrt a report OF
his dongs together with the testimony taken
up to that time as such receiver. aud all the
testimony shall stand in all respects as the
testimony taken bv u master duly appoint.
ed in such case, and any party to the suit
may except to any part OF such report, aud
ask II new reference, or tako further testi-
mOny. aud tho court shall have full power
to proceed ON tho case, as it may deCn pro
per as in other cases after reference and
report mado by master. Provided, that
nothing herein contained shall be held to
deprive any party to such suit of trial By
jury whore such party would havo been en-.
titled to jury trial, it tho receiver had led
to such report.
SEC L. This net shall take effect from
and after its passage.
WILLIAM B WOODS,
Speaker Of Tie House Of Representatives..
f. BASSETr LANGDON.
President pro tenn, Of tie Senate.
March 1T, 1859.