The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1859-05-26

President, pro tenn, Of tho Senate.
March IL, 1859.
mo. 72.1 AN ACT
Supplementary to an act entitled Gan
act to incorporate the State Bank Of
Ohio, and other Banking Companies, "
passed February %. 1915
Sec. ]. BE i enacted by the Gsncr-
al assembly Of the S'ote Of Ohio, That
whenever a receiver shall have been or
shall hereafter be appointed pursuant
to the 4lst section Of tho act to which
this act is amendatory, a certificate by
the clerk of the proper court of the ap-
| pointmeut Of such receiver shall be suf.
6eient authority to him to take posses
sion Of the books, property, rights, cred
its, and effects Of every description Of
the Independent banking company in
respect Of which he is such receiver, and
shall be full authority to the sheriff Of
the county where such banking compa-
I ny is located, to give 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. 2. Whenever the said receiver
shall have reason to believe that any
such banking company las issued notes
Of circulation in violation of the act to
which this act is an amendment, or that
such banking company in entitled to
any rights, credits, or effects which have
been improperly taken by any officer
employee, or stockholder therof, or any
other person, and which are in the
hands of the takor or any other person
or persons, to whom the sums may
have been transferred, or into whose
hands the same may have otherwise
come, it shall be the duty ofsuch receiv.
err to investigate fully all the facts and
circumstances touching such transac.
ton, and for that purpose he is hereby
aothorized, if he deem it necessary and
proper to do so, to issue subpmnas fOl
any persons found within the county
where such subpmnas shall be issued
commanding them to attend before him
at a time and place, in such county, tc
he designated on the subpoena, to tcsti.
fy, touching such matters as may be en-.
quirod of them by the receiver, and sucl
subpoena shall be served by the sheriff
of such county, and the receiver may
also insert in such subpnnas, n clause
requiring the production before him Of
such books and papers as may be dcsig
mated therein, and he shall have tho
same power to enforce obedience to sucI
subponas, and to punish for disobedi
cnce thereto and for refusing to testify
in such case, that justices Of the peace
are clothed with in all cases Of subpU.
mas issued by them.
Sec 3. Such receiver may institute
suit in his own name as such receiver
for all rights. credits, and effects belong
ing to such banking company, in eth
er the court Of common pleas or supc
rior court Of Franklin county; and upor
such suit being instituted, he shall flt
in such court a report of his doings
together with the testimony taken ur
to that time as such receiver and al
the testimony shall stand in all respects
as the testimony taken by a master duly
appointed in such case, and any party
to the suit may except to any part Of
such report, and ask a new reference
or take further testimony, and the court
shall have full power to proceed on tn,
case, as il may deem proper, in other case
after reference and report made by q
master. Provided, that nothing herein
, contained shall be held to deprive an,
p1rtv fo such guit 0G trial bv iurv yvhrr,