Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1859-06-24

No. 1es.1 AN ACT
Authorizing the examination of Banking Corporations in
certain Cases
Section I. BE it enacted By the General Assembly of
the State of Ohio, That any banking corporation in the
State Of Chic. organized under the, laws Thereof, which
ton or DINER liabilities, or shall have made an assign
ment in trust of its effects, or any part thereof, for. the
purpose OF PrelerFlnG any Of its creditors, whereby the
provisions Of the charter OF any such corporation, Or the
act under which the same is organized, the S-upremeCourt
OF oDlo mas power 10 appoint a master commissioner, eX-
dmLler ~ otner person; Tor the purpose OF investigating
the condition and management OF such corporation. The
master commissioner. examiner or other person, who
may De appointed pF tne supreme court OF ONO to make
such examinations, shall examine fully III regard to all
such matters touching the condition and management OF
suc1 corporation as may De directed by the Court, and
for that purpose power is given him to issue process for
the attendance Of witnesses, the pro luction Of papers,
DOCKS ana accounts necessary Tor SUCH examination also,
to summon the officers, agents, ~assignees, or employees
of said corporation, or other persons, TO appear before
MN ana testify IN relation TO the condition and manage
ment OF said corporation, and also to take all necessary
testimony TO show the condition and management of the
affairs of said corporation.
Sec. ?. That said master commissioner, examiner or
other person who may be appointed by said Court, shall
have power to compel the service Of process, the atten
dance OF witnesses and other persons, the production of
books, papers and accounts, to compel answers to ques-
lions "Iilcn may De pfopodfded to all persons by him
sworn, and to ertoIce all orders by him made touching
such examination, by preceding Tor contempt, as fully,
and TO the same extent as any Court Of the State OF 0aio
can. 81
Sec. 3. The Master Commissioner, Examiner or other
person, before entering upon the duties OF such appoint
mcnt, shall take an oath that he will faithfully, honest
ly. and ilnpartially discharge the same, and shall report
his proceedings to the supreme Court as it may require
Sec. 4. That if upon examination Of the officers, agents,
employees or assignecs of said corporation, or from the
evidence of other witnesses sworn; it shall appear that
there are books; papers or accounts material and neces-
sary to the examination, provided for in this act, pthe
possession or under the control of, or within the knesl-
edge of such officers, agents, employees or assignees,
within the state OF Ohio, or elsewhere, which row be
long to- OF once did belong to said corporation, the orig
inals OF which cannot be produced at sucii examination,
such Master Commissioner Examiner or ether person,
shall have power to the same extent, and in the same
manner as Is prescribed by section two of this act, to
compel the officers, agents, employees or assignees of
said corporation to produce upon such examination, at
tested copies of said books, papers or accounts.
Sec. 3. This act shall take effect upon its passage.
WILLIAM =. WOODS.
Speaker of the House of Representatives.
MARTIN EIkER
President of the Senate.
AnrjI . JcS2