How may extend corporate existence. Certain churches to be incorporated visions of act. without the consent of the Classis to which such church, congregation or society may belong, all real estate that may belong to such corporation, and upon which no church buildings or parsonage shall have been erected, and which is not necessary for use by such church, congregation or society in connection with their public worship. SEC. 7. Any corporation organized under the provisions of this act whose corporate existence is about to expire by limitation may extend its corporate existence for a term not exceeding thirty years, by filing with the Secretary of State and the register of deeds of the county where such corporation is located duly attested copies of a resolution adopted by such corporation at a meeting called in accordance with the provisions of its by-laws expressing a desire to so extend its corporate existence, and upon the filing of such resolution as above specified, the corporate existence of such body shall be extended in accordance with the terms of such resolution for a term of not exceeding thirty years from the date of the expiration of its former term, and all rights of property and of contract shall remain unimpaired and the corporate identity of such body shall remain unchanged. SEC. 8. The trustees of every church, congregation or society that have heretofore been incorporated by virtue of the and under pro- provisions of chapter one hundred seventy-three, volume one, Howell's Annotated Statutes of Michigan, providing for the incorporation of Reformed Protestant Dutch Churches, and that are now operating thereunder, are hereby reincorporated under the provisions of this act, and shall be governed by all of the provisions thereof, the same as if they had been originally incorporated under this act, and all such corporations reincorporated under and made subject to the provisions of this act shall succeed to and be vested with all the property, real and personal, moneys, rights. credits and effects, and all the records, files, books and papers belonging to such corporations as formerly incorporated, and no rights or liabilities, either in favor of or against such former corporation, existing at the time of its reincorporation under and subject to the provisions of this act, and no suit or prosecution of any kind shall be in any manner affected by such change, but the same shall stand or progress as if no such change had been made, and all debts and liabilities of the former corporation shall be deemed debts and liabilities of the new corporation, and all the officers of any such corporation elected or appointed under the provisions of the former act incorporating such corporation and in office at the time of such reincorporation under this act shall continue to exercise their respective functions under the provisions of this act of reincorporation for the full term for which they were so elected or appointed, and until their successors shall have qualified and entered upon the duties of their office. This act is ordered to take immediate effect. Approved May 25, 1899. [No. 83.] AN ACT to amend section eighty-seven of act number two hundred six of the public acts of eighteen hundred ninetythree, as amended by act number one hundred fifty-four of the public acts of eighteen hundred ninety-five, as amended by act number two hundred twenty-four of the public acts of eighteen hundred ninety-seven, entitled "An act to provide for the assessment of property and the levy and collection of taxes thereon, and for the collection of taxes heretofore and hereafter levied; making such taxes a lien on the lands taxed, establishing and continuing such lien, providing for the sale and conveyance of lands delinquent for taxes, and for the inspection and disposition of lands bid off to the State and not redeemed or purchased; and to repeal act number two hundred of the public acts of eighteen hundred ninety-one, and all other acts or parts of acts in anywise contravening the provisions of this act," being section three thousand nine hundred ten of the Compiled Laws of eighteen hundred ninety-seven. The People of the State of Michigan enact: ed. SECTION 1. That section eighty-seven of act number two Section amendhundred six of the public acts of eighteen hundred ninetythree, as amended by act number one hundred fifty-four of the public acts of eighteen hundred ninety-five, as amended by act number two hundred twenty-four of the public acts of eighteen hundred ninety-seven, entitled "An act to provide for the assessment of property and the levy and collection of taxes thereon, and for the collection of taxes heretofore and hereafter levied; making such taxes a lien on the lands taxed, establishing and continuing such lien, providing for the sale and conveyance of lands delinquent for taxes, and for the inspection and disposition of lands bid off to the State and not redeemed or purchased; and to repeal act number two hundred of the public acts of eighteen hundred ninety-one, and all other acts or parts of acts in anywise contravening the provisions of this act," being section three thousand nine hundred ten of the Compiled Laws of eighteen hundred ninety-seven, be amended so as to read as follows: al to make SEC. 87. The accounts between the State, county and each Tax accounts. how adjusted. township shall be adjusted on the basis of crediting and paying to each the taxes collected by and for each with the interest thereon. The Auditor General shall, on the first day of Auditor GenerJanuary, April, July and October in each year, make a state- quarterly ment of account between the State and each county respective statement. ly, and render the same to the county treasurer of each county, and draw his warrant on the State Treasurer, payable to such county treasurer, for all moneys in the State Treasury collected for the county, township, school, highway or any other pur urer to pay to State. Proviso. Accounts between county poses for such county or township or district thereof, and transmit such warrant to the county treasurer, and notice to County treas the county clerk thereof. At the same time the county treasurer shall pay to the State all moneys collected and due from their respective counties to the State, as shown by such account so rendered by the Auditor General to be due the State: Provided, That on January fifteenth, and each thirty days there. after until the regular quarterly settlement for the quarter ending March thirty-first shall have been made each year, the county treasurer shall pay to the State all moneys coming into his hands from the collection of said State tax. The county treasurer of each county shall, on or before the first day of and township. February. May, August and November in each year, make out a detailed statement of the account between the county and the several townships or cities, which statement shall show the different funds to which the several debits and credits belong, and render the same to the township or city treasurer, and pay all moneys shown by said statement so rendered to the township or city to the proper receiving officer of the township or city, and notify the township or city clerk of the items and total amount thereof; also a description of the lands upon which such taxes were paid. The county clerk shall charge such amounts to the county treasurer, and the township or city clerks shall charge such amount to the township or city treasurers on the books of their respective offices: Provided, That in the county of Kent the county treasurer shall not be required to make a detailed statement. Proviso as to This act is ordered to take immediate effect. Stock, bonds, etc., may be sold for debt. [No. 84.] AN ACT to provide for the public or private sale of stock, bonds, or other personal property pledged as collateral security for the payment of money or the performance of any obligation; and to authorize and empower the pledgee, his assigns, or his or their legal representatives, to purchase the property at such sale. The People of the State of Michigan enact: SECTION 1. When stock, bonds, or other personal property is pledged as collateral security for the payment of money or the performance of any obligation, and there has been a default in such payment or performance, such stock, bonds or other personal property may be sold to satisfy said debt or obligation at public sale, or at private sale where the contract of pledge authorizes a private sale; but before a sale, ten to pledgor. days notice in writing thereof shall first be served on the Notice of sale pledgor or his legal representative, either personally or by mail addressed to said pledgor or his legal representative at his last place of residence. where held. SEC. 2. In the case of a public sale, as provided in section When and one of this act, such sale shall be at public vendue, between the hour of nine o'clock in the forenoon and the setting of the sun, at a public place in the township, village or city where such stock, bonds or other personal property is held as collateral security; and shall be made by the person or party or corporation so holding said stock, or the agent or attorney of said person, party or corporation; and notice of such sale shall be given by posting a written or printed notice thereof in three Notice of sale, public and conspicuous places in the township, village or city where such sale is held, ten days before the date of said sale; and the pledgee, his assigns, or his or their legal representatives, may fairly and in good faith purchase said property or any part thereof, at such sale. how posted. postponed. SEC. 3. Such sale may be postponed from time to time, and May be in case of postponement for more than one day notice thereof shall be posted as provided in section two of this aet. This act is ordered to take immediate effect. Approved May 25, 1899. [No. 85.] AN ACT to amend act number two hundred five of the public acts of eighteen hundred ninety-seven, entitled "An act to prefer ex-soldiers for public employment." The People of the State of Michigan enact: SECTION 1. That act number two hundred five of the public Act amended. acts of eighteen hundred ninety-seven, entitled "An act to pre fer ex-soldiers for public employment," be and the same is hereby amended so as to read as follows: charged sol employment. SECTION 1. In every public department, and all public de- Honorably dispartments in all municipal corporations, and upon the public diers, etc. preworks of the State of Michigan, honorably discharged Union ferred for soldiers, sailors and marines of the late rebellion and the soldiers, sailors and marines of the late Spanish-American war shall be preferred for appointment and employment; age, loss of limb or other physical impairment which does not, in fact, incapacitate, shall not be deemed to disqualify them: Pro- Proviso. vided, however, That the applicant shall have been a resident of the State for at least five years and of the county in which the office or position is located for at least two years, and possesses other requisite qualifications. No veteran, soldier, etc. to be removed without hearing. Penalty. SEC. 2. No veteran, or other soldier, sailor or marine, as indicated in the preceding section, holding an office or employment in the public works of any city or town of the State shall be removed or suspended, or shall, without his consent, be transferred from such office or employment, except after a full hearing before the mayor of such city, or before the common council of such town, and at such hearing the veteran shall have the right to be present and to be represented by counsel. Such removal, suspension or transfer shall be made only upon a written order of the mayor or of the common council. SEC. 3. Any violation of the provisions of this act shall be deemed a misdemeanor, and upon conviction in any court of competent jurisdiction, shall be punished by a fine of not less than fifty dollars and not more than one hundred dollars. This act is ordered to take immediate effect. Approved May 25, 1899. Regents may receive and disburse certain money and property. Donations not subject to certain act. [No. 86.] AN ACT to enable the Regents of the University of Michigan to receive any money or other property for the ultimate use of the university and to invest the same in the best manner possible subject to the payment of the net income or any portion thereof derived therefrom to any specified person or persons then living, during the life or lives of such person or persons. The People of the State of Michigan enact: SECTION 1. That the Regents of the University of Michigan are authorized to enter into agreements to receive, and to receive from any one and in any manner, money or other property for the ultimate use of the university, to invest the same in the best manner possible, and to pay the net income derived therefrom, or any portion of the same, to any person or persons living at the time such money or property is received, during the life or lives of such person or persons. Said regents at the time of receiving such money or property may enter into agreements that all or part of such net income may be paid to the person or persons designated during such life or lives. Donations of money or property received under the provisions specified by this act shall not be subject to the provisions of act number one hundred and forty of the public acts of eighteen hundred ninety-five, unless so agreed by the donors and the Regents of the University. This act is ordered to take immediate effect. |