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The Maryland Code Public General Laws, 1904
Volume 393, Page 699   View pdf image (33K)
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ART. 23] DISSOLUTION—RECEIVERS—EXECUTION. 699

wards, new suits may be brought and carried on by any such
receivers, either in their own names and capacities as such
receivers, or in the name of the corporation for which they
shall have been appointed; but no new suit shall be brought
in the name of a corporation after it shall have been dissolved,
or after the expiration of its charter.

Hayes v. Brotzman, 46 Md 525. Dorsey v. Morrison, 46 Md. 461. Mus-
grave v. Morrison, 54 Md. 161. Rider v. Morrison, 54 Md. 429. Frank v.
Morrison, 55 Md. 299. Frank v. Morrison, 58 Md. 440. Clark Co. v Colton,
91 Md 207

1888, art. 23, sec. 275. 1868, ch. 471, sec. 196.

388. No suit commenced in the name of any such receiver
shall be abated by his removal or death; but the same may be
continued in the name of his successor, or of the corporation,
if its charter has not expired or been dissolved, as may be
directed by the court in which the suit shall be pending.

Ibid. sec. 276. 1868, ch. 471, sec. 197.

389. The court in which any suit or proceeding against a
corporation which shall have been dissolved by the expiration
of its charter or otherwise, shall be pending at the time of such
dissolution shall have power, on the application of either party
thereto, to make an order for the continuance of such suit or
proceeding, and the same may thereafter be continued until
final judgment or decree shall be had therein, which shall have
the like effect upon the rights of the parties, as if such cor-
poration had not been dissolved.

1892, ch. 399.

390. No corporation made taxable by any law of this State
shall hereafter be dissolved under the decree of any court of
this State until all taxes due the State have been fully paid or
adjusted and the certificate of the comptroller of the treasury
to this effect filed in the proper court with the proceedings of
dissolution.

Execution Against the Stock of Corporations.

1888, art. 23, sec 277. 1868, ch 471, sec 198. 1886, ch. 287.

391. Any interest which any defendant in a judgment or
decree rendered by a court of law or equity, or in a proceed-
ing by attachment on original process has in the capital, joint
stock or debts of a corporation transferable on its books, shall


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 699   View pdf image (33K)
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