Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1868-06-18

cry such bill shall contain statement Of
the reasons Wy the dissolution o. ''ie = :,
! 90 p0ra'ion Is prayed Tor and sought
there shall also De filed with 1t
First. \ fall and true inventory Of al
the assets ii such corporation, am Of all
the books. securities. md vouchers relat
inr thereto.
81 80, a..>,,+,f Tho can;tal
-. ..---.r-.,;..,, ,rl g.. list If All
80 .s.tLsl4,~. +heir ras;3ancas and the
nnr,t,r - sL,rrs hoIanoiug to each, the
anonut r.,;,l - e4eb Of said shares, and
the amount SIN due.
M, ~ -, ;oa,,,-
lh4'd' y - r.t..,-.-...',,;a..
Frances on the pfyP.. q 5ne goi POI - 80
ana la A3' q =. - p.'u,,,.. go, A..
[ee~t.iNe l IN - s,a,au,ants sb.n
- 80 ..e, -. 80 oati or stf;rma,ion Of
,.,.I $50. ,rr,.srrar Sacreta-
o,'i'e' '''e - e. ~ Of some
- = > IN ! ~ sa-ror,.;ar
80 O. n'l ~ q Az Al ~ = en,rte5 That
e,:-s ai.1 l;1 recommended
p ~ - - -Ja cut ebslf
4 - Wy ''0' So 49, II ,,..-,.,s NJ.
! pass an III 49, va y
/ csIoG in such corporation 10 show cause
II any 'hey nave WY SuSn po' - bof1rn
snou:u 10. 10 =, nan,od ~ sa;a orr5e-~
eVi .'tH - ~ ~ - ,t,;-h.1 g. saoh
-''eA4 - IL, -. :. o
t'iilc do 'iie 90! ~ -
newspaper published IN tue county, or
city OF Baltimore, as the case may De- IN
which such court Is held and upon any
answer being filed to the sand blll by any
! creditors or stockholders Of SAID corpora
ton, the court may authorize evidence TO
+ be taken, on application OF the complain
ants or defendants, III the manner usual
in Courts Of Equity .
Sec. lSs. And be It enacted, That Ii
the court shall upon consideration OF the
BILL or o. the bill, answers and proof,
any answers have been Med or proof ia
ken, be Of opinion that the corporation Is
iusolyent, or that for any reason dlsso-
luton of the SAID corporation viii he ben
ctclal to the stockholders, and not lnJu-
rlouS to tue pubic interests, i decree shall
be entered dlssolYlng the sad corporation,
and appointing one or more receivers OF
ITS estate and effects, ana such corpora
ION snat 'hcl,"p'" oe ",1a7i 80 any %
me directors trustees, -'"A'Gt'S u gu
or oficerS, or any Oh inc SsocAhotuers Oh
any corporation, may be appointed ITS re
relver' or such other person or persons as
the court may SeAGcI' -,
See. lo9. Ana pe enacted, 1hat
where receivers OF the estate OF eHects OF
any corporation Shall De appointed py
court, upon OF pelofe me :, alsSola'ion VI
any corporation' they sn'Li Oe vested with
al '!le estate anu ''S'o'' - fe ~ o0-
longing to such corporation i'o'l ''tG ' tn
OF their quali'yino "s 'eIei'I'S' "''1' 9'i',''
be trustees thereon Yer inc oeaen' u tle
creditors OF Such eoIl 44a'iof ana us STOCK
| holders ana 'noy Sli"n proceed 70 "u'"
up the AFFAIRS Of snch corporations oI'eI
the direction OF the court by when they
shall have been appointed, and shalt nave
all powers which shall be necessary Tor
that purpose
Sec. 100 And>bc It enacted, That all
sales, as lgnments, transfers, mortgages,
or other dispositions or eonveyane's OF
any part OF the asscs's OF ms coFlorauoh'
made after the ming OF Dill fQr al'So-
lUt'on thereof, un8tr inc provisions o. 'nlS
Article, and all Judgments confessed ny
SAID corporation, after that time, shall be
absolutely void as against the sad recelv-
crs.
Sec 19l And be it enacted, That no
dissolution of any corporation shall relieve
It's stockholders from the Obligations ana
liabilities imposed on them by the fifty
ninth section of this Article, aud if the