| Any 2 or more corporations organized under this chapter may |
| consolidate into a single corporation, which may be either one of |
| the corporations or a new corporation under the laws of this |
| State to be formed by means of the consolidation. The |
| consolidation may be effected by vote of the directors, trustees |
| or managing board, however designated, of each of those |
| corporations at a legal meeting thereof ratifying a proposed |
| agreement of consolidation. The resulting corporation shall |
| deliver for filing with the Secretary of State a certificate of |
| consolidation signed and dated by the clerk or secretary of the |
| corporation. When the certificate of consolidation is filed, the |
| separate existence of all of the constituent corporations, or of |
| all of the constituent corporations except the one into which the |
| constituent corporations have been consolidated, ceases and the |
| constituent corporations, whether consolidated into a new |
| corporation or merged into one of the constituent corporations, |
| as the case may be, become the consolidated corporation by the |
| name provided in the agreement, possessing all the rights, |
| privileges, powers, franchises and immunities of a public and |
| private nature and being subject to all the liabilities, |
| restrictions and duties of each of those corporations so |
| consolidated, and all the rights, privileges, powers, franchises |
| and immunities of each of those constituent corporations, and all |
| real, personal and mixed property of those constituent |
| corporations, all debts due to any of those constituent |
| corporations on whatever account and all other things in action |
| of or belonging to each of those constituent corporations are |
| vested in the consolidated corporation. All property, rights, |
| privileges, powers, franchises, immunities and all other |
| interests are thereafter the property of the consolidated |
| corporation in the same manner as they were of the several and |
| respective constituent corporations, and the title to any real |
| estate, whether by deed or otherwise vested under the laws of |
| this State in any of those constituent corporations, may not |
| revert or in any way be impaired by reason of the consolidation.__ |
