)^  36S.  Corporations  are  dissolved  :

1.  By  any  act  of  the  legislature  declaring  their  dissolution  ;

2.  By  the  expiration  of  the  term  or  the  accomplishment  of  the
object  for  which  they  were  formed,  or  the  happening  of  the  condition
attached  to  their  creation ;

3.  By  forfeiture  legally  incurred  ;

4.  By  the  natural  death  of  all  the  members,  the  diminution  of
their  number,  or  by  any  other  cause  of  a  nature  to  interrupt  the  cor-
porate existence,  when  the  right  of  succession  is  not  provided  for  in
such  cases  :

5.  By  the  mutual  consent  of  all  the  members,  subject  to  the
modifications  and  under  the  circumstances  hereinafter  determined. —
1  Blackstone,  484 ;  C.  S.  L.  C,  c.  88,  s.  10.
Amendment — See  the  Act  intituled  :  "  An  Act  respecting  the
Voluntary  Winding  up  of  joint  stock  Companies.  "  Q.  42-43  Vict.,
cap.  31.
DECISION  :— La  Compagnie  du  Chemin  de  Far  Montreal,  Ottawa  et  Ooci-
dental,  ne  pouvait  se  dissoudre  sans  Pautorisation  du  Parlement  du  Canada. —
Privy  CJouncil. — Bourgoin  &  Monirealj  Ottawa  A  Occidental  By,  Co,,  24  L.  C.  J.,
p.  193  J  3  L.  N.,  p.  185  ;  5  App.  Cas.,  p.  382  ;  R.  A.  C,  p.  874.
300*  Ecclesiastical  and  secular  corporations  of  a  public  nature,
other  than  those  formed  for  the  mutual  assistance  of  their  members,
cannot  be  dissolved  by  mutual  consent  without  a  formal  and  legal
surrender  or  the  authority  of  the  legislature,  as  the  case  may  be.
