Suits by State Against Corporations

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The court has power to hear and determine all controversies between the state and corporations, their stockholders or creditors, upon a bill filed by the attorney general and reporter on behalf of the state.

Code 1858, § 4296 (deriv. Acts 1839-1840, ch. 1, § 4); Shan., § 6105; mod. Code 1932, § 10366; T.C.A. (orig. ed.), § 16-605.

Textbooks. Gibson's Suits in Chancery (7th ed., Inman), §§ 7, 506.

Tennessee Jurisprudence, 11 Tenn. Juris., Equity, §§ 34, 35; 17 Tenn. Juris., Jurisdiction, § 23.

Law Reviews.

The Tennessee Court System — Chancery Court (Frederic S. Le Clercq), 8 Mem. St. U.L. Rev. 281.

Cited: State ex rel. Collier v. Enloe, 121 Tenn. 347, 117 S.W. 223, 1908 Tenn. LEXIS 24 (1909).


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