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for in said act; and if the said company shall, within two years of the time provided for in the said act of incorporation, comply with

such provisions, they shall be entitled to all the rights and privileges Privileges. granted and secured in the said act of incorporation, as fully as if

they had complied with such provisions within the time prescribed

in the said act of incorporation. May erect Sec. 2. Whenever said company shall have completed three consectoll gate.

utive miles at the eastern termination of said road, the directors may erect a toll gate and take tolls: Provided, That unless the said company shall, within eighteen months from the time they thall erect such gate, have completed at least five consecutive miles, they shall take down said gate and exact no toll until they shall have five miles

so completed. Act amend Sec. 3. Section first of the act incorporating said company shall

be amended by striking out of said section the name of Joel McCollum, and insert instead thereof the name of John P. Cook.

Sec. 4. This act shall take effect and be in force from and after its passage.

Approved March 25, 1850.

ed.

[ No. 146. ] AN ACT to organize certain townships therein named. Township

Section 1. Be it enacted by the Senate and House of Representatives dalizeaore of the State of Michigan, That towns number seven and eight north

of range number twelve east, in the county of Lapeer, be and the same are hereby set off from the townships of Almont and Lapeer,

and organized into a separate township, by the name of Imlay, and 1st meeting; the first township meeting therein shall be held at the house of Jo where held.

seph Denean, in said township. Township Sec. 2. That town number two north of range number nine west, of Hope or ganized. in the county of Barry, be and the same is hereby set off from the

township of Barry, and organized into a separate township, by the

name of Hope, and the first township meeting therein shall be held 1st meeting. at the school house near the house of Alvah Mott, in said township. Township

Sec. 3. That town number eight north of range number four cast, organized. in the county of Shiawassee, be and the same is hereby set off from

of Hazelton

the township of New Haven, and organized into a separate township, by the name of Hazleton, and the first township meeting therein shall ist meeting be held at the house of Stanton S. Latham, in said township.

Sec. 4. This act shall take effect and be in force from and after

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tion

[ No. 147. ]
AN ACT to incorporate the Royal Oak and Rochester Plank Road

Company.
Section 1. Be it eracted by the Senate and House of Representatives

Incorporaof the State of Michigan, That E. M. Cook, Wheeler Clark, Almon Mack, Virgil Rose and William Flummerfelt, be and they are hereby appointed commissioners, under the direction of a majority of whom subscriptions may be received to the capital stock of the Royal Oak and Rochester Plank Road Company, and the subscribers thereto, with such other persons as they shall associate with them for that

purpose, their successors and assigns, shall be and they are hereby created a body politic and corporate, by the name and style of the Royal Oak and Rochester Plank Road Company, with corporate succession.

Sec. 2. Said company hereby created shall have the power to lay Rocie. out, establish and construct a plank road, and all necessary buildings and appurtenances, from the house of Virgil Rose, in the township of Royal Oak in the county of Oakland, on the most eligible route to Union Corners in the township of Troy, in the county of Oakland, with the privilege of cxtending said road to the village of Rochester in the aforesaid county. Sec. 3. The capital stock of said company shall be twenty thou

Capllal, sand dollars, divided into eight hundred shares of twenty-five dollars each, with the power to increase said capital stock to thirty thousand dollars, with a corresponding increase of the number of shares.

Sec. 4. This act shall be and remain in force for the term of sixty Duration of years from and after its passage; but the Legislature may at any time alter, amend or repeal this act by a vote of two-thirds of each branch thereof; but such alteration, amendment or repeal shall not

charter

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be made within thirty years from the passage of this act, unless it shall be made to appear to the Legislature that there has been a violation by the company of some of the provisions of this act. Provided, That after said thirty years, no alteration or reduction of the tolls of said company shall be made during its existence, unless the yearly. nett profits of said company, over and above all expenses, shall exceed ten per cent. on the capital stock invested : Provided, There

be no violation of the charter of said company. Fubject to

Sec. 5. Said company shall be subject to all general laws of this general laws

State now in force relative to plank roads, and the same are hereby made a part of this act.

Sec. 6. This act shall take effect and be in force from and after its passage.

Approved March 25, 1850.

'Incorpora jon.

[ No. 148. ) AN ACT to incorporate the Howell and Byron Plank Road Com

pany. Section 1. Be à enacted by the Senate and House of Representatives of the State of Michigan, That George W. Lee, Josiah Turner, B. W. Dennis, F.J. Provost and Noah Ramsdell, be and they are hereby appointed commissioners, under the direction of a majority of whom subscriptions may be received to the capital stock of the Howell and Byron Plank Road Company; and the subscribers thereto, with such other persons as they shall associate with them for that parpose,

their successors and assigns, shall be and they are hereby created a body politic and corporate, by the name and style of the Howell and Byron Plank Road Company, with corporate Succession.

Sec. 2. Said company hereby created shall have the power to lay out, establish and construct [a] plank road, and all necessary buildings and appurtenances, commencing in the village of Howell, county of Livingston, and terminating in the village of Byron in the county of Shiawasse, with the privilege of uniting said road at any point with the road of any other company.

Sec. 3. The capital stock of said company shall be thirty thou

Route,

Capital

may CONH

charter.

sand dollars, divided into one thousand two hundred shares of twenty-five dollars each.

Sec. 4. The directors of said company may commute with any Directors of the stockholders thereof for any instalments upon their stock, by mule. allowing them, instead of paying their subscription in money, to take contracts, on giving satisfactory security for the fulfillment of the same, by furnishing any part of the materials or executing any part of the construction of said road.

Sec. 6. This act sball be and remain in force for the term of sixty Duration of years from and after its passage; but the Legislature may at any time alter, amend or repeal this act by a vote of two-thirds of each branch thereof; but such alteration, amendment or repeal shall not be made within thirty years from the passage of this act, unless it shall be made to appear to the Legislature that there has been a violation by the company of some of the provisions of this act: Provided, That after said thirty years, no alteration or reduction of the tolls of said company shall be made during its existence, unless the yearly pett profits of said company, over and above all expenses, shall exceed ten per cent on the capital stock invested. Sec. 6. Said company shall be subject to all general laws of this

Subject to State now in force relative to plank roads, and the same are hereby made a part of this act.

Sec. 7. This act shall take effect and be in force from and after its passage.

Approved March 25, 1850.

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general laws

lion.

I No. 143.) AN ACT to incorporate the Clarkston Academical Institute. Section 1. Be it enacted by the Senate and flouse of Representatives Incorpora of the State of Michigan, That Nelson Abby, Floratio Foster, Jr., David A. Wright, Amos Orton, William C. Scranton, Arthur Davis, Marcus W. Riker, George P. Thurston, Albert G. Robinson, Joseph Gambell, David McKnight, Arza C. Crosby, Alexander Turbush, Nelson W. Clark, Thomas Johnson, Jacob Walter, and Edward Bartlett, together with such other persons as may become associated with them as members of the Clarkston Academical Association, or

where located.

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Powers of corporation

under this act, are hereby created, shall be and they are hereby constituted and declared to be a body corporate and politic by the name

of the Clarkston Academical Institue, which shall be located in the Institutes a village of Clarkston in the county of Oakland; and in their corpo

rate name may sue and be sued, and may have a common seal which they may alter or renew at pleasure, and shall enjoy and may

exercise all the powers, rights and privileges which may appertain corporation to corporate bodies for the purpose mentioned in this act; and all ob

ligations and liabilities created or existing to or with said associatransferred. tion, are hereby transferred to said incorporation, and may be en

forced by said incorporation as fully as by said association. Capital. Sec. 2. The capital stock of said corporation shall not exceed the

sum of six thousand dollars, and shall be divided into shares of ten dollars each: Provided, That the real estate which said corporation may hold shall only be such as shall be necessary for the object of said corporation.

Sec. 3. The corporation liereby created shall be forever capable in jaw to purchase, take, receive, hold and enjoy any estate real and personal whatever, to an amount not exceeding six thousand dollars, and to lease, sell and convey, or otherwise dispose of the same for the benefit of the stockholders.

Sec. 4. There shall be forever hereafter seventeen trustees of said mateir classi: corporation, who shall be members thereof, and who shall manage

all the affairs thereof; and the first trustees shall be Nelson W.
Clark, president; Thomas Johnson, vice president; Edward Bartlett,
secretary; Jacob Walter, treasurer; Nelson Abby, Horatio Foster,
Jr., David A. Wright, Amos Orton. William C. Scranton, Arthur
Davis, Marcus W. Riker, George P. Thurston, Albert G. Robinson,
Joseph Gambell, David McKnight, Arza C. Crosby and Alexander
Turbush, who shall hold their offices until the third Wednesday in
August, 1850, and until others are elected in their places.

Sec. 5. There shall be on the third Wednesday in August, 1850, and on the third Wednesday in August in every succeeding year, a general meeting of the members of said corporation at some convenient place in the village of Clarkston, to be designated by the laws of said corporation; and a majority of the members who shall meet in person or by proxy, shall elect by ballot, a president, vice president, treasurer, and secretary, and seventeen trustees of the said

Trustees;

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