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17-808.

History: G.S. 1868, ch. 23, § 42; R.S. 1923, 17-808; Repealed, L. 1939, ch. 152, § 154; June 30.

CASE ANNOTATIONS

1. Action not brought in name of corporation after charter expires. Krutz v. Paola Town Co., 20 Kan. 397.

2. When corporation expires by limitation its franchise expires. The State, ex rel., v. Lawrence Bridge Co., 22 Kan. 438, 462.

3. Duties of officers upon dissolution. Paola Town Co. v. Krutz, 22 Kan. 725.

4. Judgment not rendered in favor of extinct corporation. Eagle Chair Co. v. Kelsey, 23 Kan. 632.

5. Land does not revert to grantor upon dissolution. Sword v. Wickersham, 29 Kan. 746, 748, 749.

6. Judgment not void because corporation dissolved after action commenced. MacRae v. Piano Co., 64 Kan. 580, 581, 68 P. 54.

7. Effect of dissolution upon judgments and actions pending. MacRae v. Piano Co., 69 Kan. 457, 459, 77 P. 94.

8. Title to corporate property after corporation dissolves or becomes defunct. Root v. Wear, 98 Kan. 234, 236, 157 P. 1181.

9. Corporation dissolved; trustees' payment on note tolls statute of limitations. Bank v. Reed, 108 Kan. 176, 178, 194 P. 638, 195 P. 599.

10. No receivers appointed; directors acting as trustees settle corporate affairs. Razor Co. v. Guymon, 110 Kan. 745, 749, 205 P. 635.

11. Suit by stockholder against directors as trustees is in equity. Spena v. Goffe, 119 Kan. 831, 241 P. 257.

12. Rights of statutory trustees where receiver appointed. McCleery v. McCleery-Dudley Lumber Co., 120 Kan. 281, 243 P. 541.

13. Proper expenditure of assets considered. Wright v. Sutton, 122 Kan. 771, 253 P. 225.

14. Directors not trustees on distribution without dissolution. Maurice Rapaport & Co. v. Leppellman, 124 Kan. 309, 311, 259 P. 690.

15. Limitation of action by state for appointment of receiver. State, ex rel., v. Peabody Petroleum Co., 124 Kan. 785, 262 P. 1027.

16. Collection of note is incident to winding up affairs. Farmers Co-operative Union v. Reynolds, 127 Kan. 16, 18, 272 P. 108.

17. Trustees of dissolved corporation not personally liable, but only as trustees. Kansas Wheat Growers Ass'n v. Markley, 132 Kan. 156, 157, 294 P. 885.

18. Trustees of defunct corporation not liable for unintentional mistake of employee. Beeler & Campbell Supply Co. v. Riling, 132 Kan. 499, 505, 296 P. 365.

19. Section cited in dismissing action where corporation becomes defunct. Arkansas River Gas Co. v. Molk, 135 Kan. 152, 154, 9 P.2d 623.

20. When charter forfeited corporation ceases to exist; effect of dissolution. Black, Sivalls & Bryson, Inc., v. Connell, 149 Kan. 118, 120, 86 P.2d 545.

21. Kansas supreme court has authority to appoint receivers in quo warranto proceedings. Lillard v. Lonergan, 72 F.2d 865, 870.

22. Corporation has no corporate rights or prerogatives after charter forfeited; successor corporation held distinct taxable entity. Weber Flour Mills Co. v. Commissioner of Internal Revenue, 82 F.2d 764, 765.

23. Trustees of dissolved corporation have authority to execute valid waiver. Bothwell v. United States, 18 F. Supp. 1011, 1014.

24. Dissolved corporation; stockholders' liability to corporation's creditors determined; income tax claim. Koch v. United States, 138 F.2d 850, 851.


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