Collection of taxes and dues by successor

Such new corporation is invested with the right to collect, receive, and receipt for all taxes and dues to the old corporation to which it succeeds, and shall be entitled to exercise all the remedies provided by law for the collection of such taxes and dues. Acts 1903, ch. 399, § 3; Shan., § 1997a12; Code 1932, § 3516; T.C.A. (orig. ed.), § 6-407. Such new corporation is invested with the right to collect, receive, and receipt for all taxes and dues to the old corporation to which it succeeds, and shall be entitled to exercise all the remedies provided by law for the collection of such taxes and dues. Acts 1903, ch. 399, § 3; Shan., § 1997a12; Code 1932, § 3516; T.C.A. (orig. ed.), § 6-407.