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Artificial succession

Defined in 1 dictionary — Black's (1910)

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

That attribute of a corporation by which, in contemplation of law, the company itself remnins always the same though its constituent members or stockholders may change from time to time. See Thomas v. Dakin, 22 Wend. (N. Y.) 100.

Defined under Succession in Black's Law Dictionary.