...them gradually to settle and close their business, to dispose of and convey their property, and to divide their capital stock, but not for the purpose of continuing the business for which said corporation shall have been established.' " And the opinion continues: "This section is not confined...

...them gradually to settle and close their business, to dispose of and convey their property, and to divide their capital stock but not for the purpose of continuing the business for which said corporation shall have been established : provided, however, that with respect to any action,...

...them gradually to settle and close their concerns, to dispose of and convey their property, and to divide their capital stock, but not for the purpose...such corporations have been or may be established." It was under this statute that the Pewabic Mining Cornpan}' mentioned in the pleadings was formed on...

...settle and close their concerns, to dispose of and convey their property, p. L. ISM, p. soo. and to divide their capital stock, but not for the purpose of continuing the business for which such corporation may be established. 60. When any corporation shall be dissolved in any manner whatever,...

...purely administrative is made positive by the express limitation conveyed in the concluding words: "But not for the purpose of continuing the business...such corporations have been or may be established." 1 How. Ann. St. §§ 4025-i8(i7. The question now to be adjudged is as to whether the directors thus...

...them gradually to settle and close their concerns, to dispose of and convey their property, end to divide their capital stock : but not for the purpose of continuing the business for which they were established. SECTION 65. When the charter of an insurance fo th™ may be appowm'and company...

...settle and close their affairs and to dispose of and convey their property and to divide their assets ; but not for the purpose of continuing the business for which such corporations were organized : Provided, That with respect to any action, suit or proceeding begun or commenced by...

...gradually to settle and close its affairs, to dispose of and convey its property, and to divide its capital stock, but not for the purpose of continuing the business for which it was established. SECTION 228. If the charter of a railroad corporation expires, or is annulled,...

...entity gradually settles and closes its affairs, disposes and conveys its property and to divide its capital stock, but not for the purpose of continuing the business for which it was established. At this terminal stage of its existence, a corporation may no longer persist to...