Consolidation

In Civil Law. The union of the usufruct with the estate out of which it issues, in the same person, which happens when the usufructuary acquires the estate, or vice versa. In either case the usufruct is extinct.

Lee. Elm. 424.

It may take place in two ways: First, by the usufructuary surrendering his right to the proprietor, which in the common law is called a "surrender"; secondly, by the release by the proprietor of his rights to the usufructuary, which in our law is called a "release." In Ecclesiastical Law. The union of two or more benefices in one. Cowell. in Practice. The union of two or more pending actions in the same court between the same parties, and involving the same issues. ——Of Corporations. The merger of the franchises, rights, and effects of two or more corporations into one, whether the single corporation, known as the "consolidated company," be a new one then created, or one of the original companies continuing in existence with only larger rights, capacities, and property.

64 Ala. 656.