The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1859-07-21

Section / BE enacted by the Cen.
eral Assembly Of the State ofOhio. That
any banking corporation iu the State of
Ohio, organised under The laws thereof.
which shall have suspended payment
upon It's notes Of circulation or other
liabilisies, or shall have made an assign.
ment in trust Of effects, or any part
hereof for the purpose Of preferrinp
any Of its creditors, whereby the proyis.
ans Of the charter Of any such corpor-
ioion, OF the law under which the same
Is organized, the supreme court Of Ohio
lsas power to appoint a master commia-
hloner, examiner or other person, for
she purpose investigating the eoudi.
ton and management Of said corpora.
ton. Tho commissioner, examiner or
other person, who may be appointed bv
the supreme court Of Ohio TO make such
examinations, shall examine fully In
regard to all such matters touching the
condition and management Of such cor.
poration as may bo directed by thc
court and for that purpose power is
given him to issue process for The atten.
dance OF witness, the production Of pa
pers, books and accounts necessary for
such examinations, also, TO summon The
otheers, agents, assignocs, or EMPLOYEES
OF said corporation, or other persons.
to appear before him and testify in rela.
ton 90 the condition and management
OF said corporation, and also to take all
necessary testimony to show the con-
dition and management Of the affairs Of
said corporation
! Section 2. That said master commits.
soner, examiner or other person. who
may be appointed by said court, shall
have power to compel the service Of his
| process, the attendance of witness and
other persons, the production Of books,
papers and accounts, to compel answers
to questions which may be propounded
to al persons, by him sworn, and TO en-
force all orders by him make touching
such examination, by proceeding for
contempt as fully, and to the same ex-
tent, as any court of the State Of Ohio
can.
Section 3. The master commissioner.
ezamineror other person, before entering
upon the duties ofsuch ppointmentshall
take an oath, that he will faithfully.
honestly and impartally discharge the
same, and shall report his proceedings
to the supreme court as il may require.
Section T. That if upon the exami-
nation Of the officers, agents, employ
ees or assignees Of said corporation, or
from the evidence of other witnesses
sworn, it shall appear that there are
books, papers or accounts material and
necessary to the examination, provided
for in this act, in the possession, or un-
der the control Of, or within the knowl-
edge Of such officers, agents, employees
OF assignees, within the State Of Ohio,
or elsewhere, which now belong to, or
once did belong to said corporation, the
originals Of which cannot be produced
at such examination, such master com.
missioner, examiner or other person
shall have power to the same extent,
and in the same manner as is prescrib-
ed by section two Of this act, to compel
the officers, agents, employees or assign
ees Of said corporation to produce upon
such examination attested copies Of said
books, papers or accounts.
Section 3, This act shall take effect
upon its passage
WILLIAM B. WOODS,
| Speaker Of the House Of Representatives
MARTIN WELKER.
President Of the Senate.
April 2, 1859.