The court has power to hear and determine all controversies between the state and corporations, their stockholders or creditors, upon a bill filed by the attorney general and reporter on behalf of the state.
Code 1858, § 4296 (deriv. Acts 1839-1840, ch. 1, § 4); Shan., § 6105; mod. Code 1932, § 10366; T.C.A. (orig. ed.), § 16-605.