State Ex Rel. Steckhan v. Common Pleas Court

By the Court.

Cause No. 29049 will be considered first.

In making the order distributing the 78,250 shares of stock as a dividend in the liquidation proceeding the Court of Common Pleas acted under Section 710-98, General Code, which in part reads:

“As soon as practicable after the expiration of the date fixed for the presentation of claims, the Superin tendent of Banks may, ont of the funds remaining in his hands after the payment of expenses, declare one or more dividends. Each such dividend shall be paid to such persons and in such manner and amounts and upon such notice as may be directed by…