About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

An Act making certain appropriations therein named. 1852 104 (1852.1)

handle is hein.slavery/ssactsms0273 and id is 1 raw text is: 10O IAWS OF MISSIsSIPPI. the stockholders, under the supervision of said President and directors. SEC. 12. Be it further enacted, That the charter hereby granted shall continue in force for the charter to space of fifty years from and after the passage fifty years. of this act, at the expiration of which period, unless previously renewed by act of the Legisla- ture, shall cease and determine, and the corpo. ration shall be dissolved; yet, upon such dissolu- tion, none of the common law consequences of dissolution of a corporation, shall take place; but all assets and property of the said dissolved corpo- ration, after the payment of all its just debts, shall be ratably divided among the diffei-ent stockhold- ers, according to their respective amounts of stock, to effect which division, if it could be done by amicable adjustments of the stockholders among themselves, the Superior Court of Chancery shall have jurisdiction, at the suit of any one or more of the stockholders to effect the same, and to that end, to appoint one or more trustees to collect the debts, assets, and other property of said dis- solved corporation, and convert the same, as speedily as may be, into money; and after all just debts of the dissolved corporation are paid, to di- vide the residue ratably among said stockholders, according to their respective shares at the date of dissolution. - SEc. 13. And be il ,lvrl/er enacted, That this act shall take effect and be in force from and after its passage. Approved, October 16,4852. CHAPTER 71. . . AN ACT making certain appropriatioins therein named. SECTION 1. Be it enacted by the Legislature of the State of Mississippi, That the following sums be allowed and paid out of any money in the Treasury not otherwise appropriated, viz: ART 1. To S. B. Newman, sheriff of the county of Adams, for taking four depositions in the case of the State of Mississippi against the Bank of the United States, at the request of the Attorney Gen- eral, the sum of ten dollars ($10 00.)

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most