53 Pa. 71 | Pa. | 1866
The opinion of the court was delivered, by
It is, we think, a fair construction of the Act of Assembly of April 9th 1866, Pamph. L. 293, to hold that its provisions are not applicable exclusively to corporations formed under the authority of Courts of Common Pleas. The words of the enacting clause are very comprehensive. They are : — “ That it shall be lawful for any Court of Common Pleas of the. proper county to hear the petition of any corporation under the seal thereof,” “ praying for permission to surrender any power contained in its charter, or for the dissolution of such corporation ; and if such court shall be satisfied that the prayer of such petition may be granted without prejudice to the public welfare or interests of the corporation, the court may enter a decree in accordance with the petition, whereupon such power shall cease, or such corporation be dissolved.” * * * ' “ Provided, That the
Judgment is therefore to be given for the Commonwealth on the demurrer, and a peremptory mandamus is awarded.