17-5418.   Shareholder's rights terminate on redemption date.If the aforesaid notice of redemption shall have been duly given, and ifon or before the redemption date the funds necessary for such redemptionshall have been set aside so as to be and continue to be availabletherefor, dividends upon shares called for redemption shall cease to accruefrom and after the dividend date specified as the redemption date, and allrights with respect to such shares shall forthwith, after such redemptiondate, terminate, except only the right of the shareholder of record toreceive the redemption price without interest.

      History:   L. 1943, ch. 133, § 76; July 1.