The Perrysburg journal. [volume] (Perrysburg, Ohio) 1853-1861, 1859-06-09
April2. 1859.

mo. 1881 AN ACT
Authorizing tho examination Of Banking Corpora.
tons In certain cases. '' ~
SEcrioSl. u. en- tcted5yth, Gm.rai Astmbiy 81
the State Of Ohio. That any banking corporation Ia
the state of Ohio organized under tle laws thereof
which shall have suspended peynicnt upon is notes Of
circulation or other liabilities or shall have made an
assignment Ia trust of its elects. any purt thereof
for the purpose of prsferring any OF It's creditors
whereby tho provisions o the charter " such cor
pOratlon the law under which the same IL organ
EeG the supreme Of Ohio has power 20 appoint
master commissioner examiner or other person Tor
tho purpose of investigating the condition and man
ngement of said corporation. The master commis
soner examiner or other person who may be appoints
cd by the supreme OF Ohio to make such exani
nations shall examine fully in regard 30 all such mat
ters touching the condition and manageen mt OF such
corporation may be directed Ivy the court. and for
that purpose is given him TO issue process for
the attendance of witnesses the production of papers
books. and accounts necessary FOR such examination
also to summon the Officers agents assignees.
plOyees OF said corporation OF other persons to ap
pear before him aud testify In relation to the cond
ton aud mana cement OF said corporation, aud aeo IA
take all necessary testimony to show the condition
and management of the affairs of said corporation.
! Sec. 2. Thnt said master commissioners, examiner
other person who may be appointed by said court
shall have power to compel tho service OF his process
the attendance of witnesses aud other persons, the
production Of bOOks papers and accounts, to compel
nnawers TO questions which may be prspounded 90 all
persons by him sworn, and to enforce all orders by
him made touching such examination. by proceeding
for contempt as fully and to the same extent, any
court Of the state Ot Ohio can. e.
! Sec s. The said master commissioner, examiner
or other person, before entering upon the duties Of
such appoi tment shall take an oath. that he will
faithfully, honestly, and impartialy discharge the
aud shall report his proceedings to the supreme
court as II may require.
See. L. Thatif upon the examination of the officer,
agents. employees ussgnees of said corporation
from tho evidence of other witnesses sworn. Il
shall appear that there books papers accounts
material and necessary to the examination. provided
ior in this uct In the possession, or under the conro
of. within the knowledge OF such officers, agents
employees or nsaignces. within the sHte Of Ohio ol
elsewhere which now bcloug to, or once did belong
to said corporation the originals of which cannot b
produced at such examination. such naster commits
sioner, examiner or other person shall have power &
the same extent and In the sane manner as 10 pre-
scribed by section two of this act to compel the o
ccrs agents. empoyo or as.ignees OF said corpora
tion to produce upon such examinat attested cop
| ies OF said hooks, papers or accounts.
Sec. 8. This act shall take effect on its passage,
| WILLIAM B. WOODS.
| Speaker of the House OF Representatives,
| MARTIN WELKER,
| President of the Senate.
IoEn