"According to Sir William Blackstone, a corporation may be dissolved; (1) by Act of Parliament, which is boundless in its operations; (2) by the natural death of all its members, in case of an aggregate corporation; (3) by surrender of its franchises into the hands of the King, which is a kind of suicide; (4) by forfeiture of its charter through negligence or abuse of its franchises, in which case the law judges that the body politic has broken the condition upon which it was incorporated, and thereupon the incorporation is void; and the regular course is to bring an information in nature of a writ of quo warranto, to inquire by what warrant the members now exercise their corporate power, having forfeited it by such and such proceedings." 1

At the present time "A corporation may be dissolved; (1) by the repeal of its charter; (2) by the happening of a condition or contingency prescribed by the charter; (3) by the natural death of all its members or the loss of an integral part; (4) by the surrender of its franchises; (5) by expiration of the period of its existence as limited in its charter; (6) by judgment of forfeiture in a judicial proceeding." 2