Chap. 349.——An ACT to amend the Code of Virginia by adding thereto a new
section numbered 3813-c, authorizing purchasers of real estate, and their
successors in title, purchased from certain dissolved corporations, to maintain
suits to quiet title to such real estate and to remove clouds therefrom, pre-
scribing the jurisdiction of such suits, authorizing the appointment of re-
ceivers, directing the defense of such suits by such receivers, and providing
that no stockholders, officers or directors of such dissolved corporations
formerly owning said real estate, need be defendants thereto. [H B 419]

Approved March 27, 1936

1. Be it enacted by the General Assembly of Virginia, That the
Code of Virginia be amended by adding thereto a new section num-
bered thirty-eight hundred and thirteen-c, which new section shall
read as follows:

Section 3813-c. In all instances in which any circuit or corporation
court shall have heretofore appointed or continued trustees for any
dissolved corporation where the stockholders or directors of such
corporation have adopted a resolution attempting to change the prin-
cipal office of such corporation, which attempted change was not
legally perfected, and said trustees have with the approval of said
court sold and conveyed any real estate of such corporation, the pur-
chaser or his successors in title shall have the right to maintain a suit
in equity to quiet the title to such real estate and to remove any cloud
therefrom either in the city or county in which the principal office of
said corporation actually was, or in the city or county in which such
real estate lies, and the court shall have jurisdiction in such suit to
appoint a receiver for such dissolved corporation, who shall defend
such suit, and neither the said dissolved corporation nor any officer,
director or stockholder, shall be a necessary party defendant in such
suit. The appointment of a receiver under this section thirty-eight
thirteen-c may be made upon the exparte application of the complainant
in such suit; or of any creditor or stockholder of such dissolved
corporation, or of any other person interested in the assets of such
dissolved corporation.

2. An emergency existing, this act shall be in force from its passage.