American Lancaster gazette. [volume] (Lancaster, Ohio) 1855-1860, 1859-04-28

No, 70. AN ACT
Supplementary TO an act entitled can act to
incorporate the State Bank Of Ohio and other
Banking companies, passed Feb. "a, iI64S.
Sec. !. Be IL enacted BY the General As-
seHnbly Of the State Of Ohio, That whenever a
receiver shall have been or shall hereafter be
appointed pursuant to the 4lst sec.ion Of the
act TO which this actis amendatory, a cefth-
cate by the clerk Of the proper court of he ap-
Pointment of such receiver shall be sufficient
authority 10 him to take possession Of the books
property, rights. credits, and effects Of every
description Of the independent banking compa-
ny, in respect Of which he il such receiver, and
shall be full authority to the sheriff Of the
county where such banking company is 10
Gated, to give such receiver full possession oi
such books, property, rights, credits, and effects
with the aid OF the county il required SO to do,
by such receiver.
Sec. o. Whenever the said receiver shall
have reason to believe that any such banking
company has issued notes Of circulation in vi.
olation Of the act 10 which this act is an a
mendment, or that such banking company is
entitled to any rights, credits, or effects. which
have been improperly taken by any officer,
employee. or stockholder thereof, or any Other
person, AID which are in the hands ofthe TAX.
sums may have been transferred, or into whose
hands the same may have otherwise come, il
shall be the duty Of such receiver 10 investigate
| fully all the facts and circumstances touching
such transaction, and for thai purpose he il
hereby authorized, II he deem it necessary ant
proper to do so, TO issue subpGnas for any per
sons found within the county, where such sub
p9has shall be issued, commanding them to at
tend before him at time and place, in suct
county, to be designated in the subpoena, tC
testify, touching such matters as may be en-
quired OF them by the receiver, and such sub
pena shall be served by the sheriff of such
county, and the receiver may also insert il
such subpoenas, a clause requiring the produc
ton before him Of such books and papers a!
may be designated therein, and he shall have
the samepower to enforce obedience tosuch sui
poeuas, and to punish for disobedience thereto
and for refusing to testify in such case, tina
justices Of the peace are clothed with in al
cases OF subpoenas issued by them.
| Sec. 8. Such receiver may institute suit II
his own name as such receiver, for all rights
credits, and effects, belonging 10 such bankinI
company, in either the court Of common plea
or superior court of franklin county; and up
on such suit being instituted, he shall file II
such court report of his doings, together will
the testimony taken up TO that time as such re
ceiver, and all the testimony shall stand in al
| respects as the testimony taken by maste
duly appointed in such case, and any party t
the suit may except to any part Of such report
and ask new reference, or take further testi
mony, and the court shall have full power t.
proceed or the case, ss it may deem proper a
in other cases after reference and report mad
j by a master. Provided, that nothing hereil
/. contained shall be held to deprive any party L
such suit OF trial by jury ewhere such part
would have been entitled to jury trial, if tn
receiver had filed no such report.
Sec. 4. This act shall take effect from an
after it's passage.
/ WILLIAM B: WOODS,
Speaker Of the House Of Representatives.
/ &. BASSRTT LANGD0N,
President pro TEN, Of the Senate.
March IA, 1859