§ 47-16. Probate of corporate deeds, where corporation has ceased to exist.
§47‑16. Probate of corporate deeds, where corporation has ceased toexist.
It is competent for the clerkof the superior court in any county in this State, on proof before him upon theoath and examination of the subscribing witness to any contract or instrumentrequired to be registered under the laws of this State, to adjudge and orderthat such contract or instrument be registered as by law provided, when suchcontract or instrument is signed by any corporation in its corporate name byits president, and when such corporation has been out of existence for morethan 10 years when the said contract or instrument is offered for probate andregistration, and when the grantee and those claiming under any such granteehave been in the uninterrupted possession of the property described in saidcontract or instrument since the date of its execution; and said contract orinstrument so probated and registered shall be as effective to all intents andpurposes as if signed, sealed, and acknowledged, or proven, as provided underthe existing laws of this State. (1911, c. 44, s. 1; C.S., s.3307.)