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amount so borrowed to be invested under the direction of said board
in bonds of the city of Detroit, bearing interest at such prices as the
same can be purchased, to accumulate as a sinking fund for the pay-
ment of the principal of the sum so borrowed; both of which ap-
propriations shall take precedence of all others.
Approved March 12, 1847.

To lay out certain road.

Commiss❜rs.

Duty of com

[No. 41.]

AN ACT to provide for laying out a certain Road in the county of Macomb.

SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That there shall be laid out and established, a road in the county of Macomb, and state of Michigan, on the most eligible route, commencing at the turn of the road between St. Furton and Antoine Laducer, in the township of Erin, in the county aforesaid; thence in a south westerly course to the house of Frances Laforge, and thence across a marsh to Antoine Grifford, and thence to a point where Jefferson avenue is constructed in said township of Erin. "

SEC. 2. The expense of laying out said road shall in no way chargeable to the state.

be

SEC. 3. Richard Butler, Ignace Swey, of the county of Macomb, and George Moran, of the county of Wayne, are hereby appointed commissioners to lay out and establish said road, and are vested with full powers for said purpose.

SEC. 4. It shall be the duty of said commissioners to cause to be missioners. made a map of said road, with the courses and distances, which shall be certified by them, and recorded in the office of the township clerk of the township through which it shall run. The expense of surveying, laying out and establishing said road, shall be paid by the township of Erin.

Who entitl'd

SEC. 5. The owners of lands through which said road may pass to appraisal. shall be entitled to an appraisal and assessment of damages, and to compensation therefor in the same manner in every respect as if such road was laid out by highway commissioners of the township in which the same may be.

SEC. 6. This act shall take effect and be in force from and after

its passage.

Approved March 12, 1847.

[No. 42.]

AN ACT to anthorize the Township of Bertrand in the County of Berrien to raise a sum of money for building a bridge therein.

SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That the lawful voters of the township of Bertrand in the county of Berrien, be and they are hereby authorized and empowered, at their annual meeting to be holden on the first Monday of April next, to raise by a tax upon the taxable property of said township, a sum not exceeding fifteen hundred dollars, for the purpose of erecting a bridge across the Saint Joseph river in said township of Bertrand, which sum shall be levied, collected and applied in the same manner as other taxes raised for the erection of bridges.

SEC. 2. This act shall take effect and be in force from and after its passage.

Approved March 12, 1847.

[No. 43.]

AN ACT to amend an act entitled "an act to authorize William H. Cross and Seth C. Hanchett to erect a dam across the St. Joseph river in the county of St. Joseph," approved February seventeenth, one thousand eight hundred and forty-six.

SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That section one of the act entitled

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an act to authorize William H. Cross and Seth C. Hanchet to erect a dam across the St. Joseph river in the county of St. Joseph," approved February seventeenth, one thousand eight hundred and forty-six, be amended by striking out of the first section of said act all after the word "provided," where it occurs the first time and inserting in lieu thereof as follows, to wit: "That said dam shall be so constructed as not to impede or obstruct the navigation of said

[No. 39.]

AN ACT to incorporate the White Pigeon Academy.

Incorpora

SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Levi Baxter, Edwin Kellogg, tion. Elias S. Swan, John Redfern, Charles Kellogg and George W. Beisel, of the county of St. Joseph, and their successors in office, be and they are hereby constituted and declared a body corporate and politic, in fact and in name, under the name and style of the White Pigeon Academy," and by that name they and their successors in office shall and may have perpetual succession, and shall be persons in law capable of sueing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended in all courts whatever.

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May have a

SEC. 2. The persons named in the preceding section and their successors in office, may have a common seal, and change the same seal. at their pleasure, and by the name of the White Pigeon Academy, shall be capable in law of acquiring and holding by purchase, gift, grant, devise, bequest or otherwise; and of selling, conveying or leasing any estate, real, personal or mixed, for the purposes hereinafter mentioned, and no other; and they and their successors in office, shall have full power to make and enter into contracts, to make such rules and by-laws as may be necessary for the good government and success of said Academy: Provided, Such by-laws are not inconsistent with the constitution and laws of the United States and of this state.

Sec. 3. The capital stock of the said corporation shall not exceed the sum of ten thousand dollars, and shall be divided into shares of five dollars each.

Capital sto'k

Power of

SEC. 4. Said corporation shall have power to establish and continue in the township of White Pigeon, an institution of learning corporation for the instruction of persons in the various branches of literature

and the arts and sciences.

SEC. 5. There shall be six trustees of the said corporation, who shall be members thereof, and who shall manage all the affairs Trustees. thereof; and the first trustees shall be Levi Baxter, Edwin Kellogg, John Redfern, Elias S. Swan, Charles Kellogg and George W. Beisel, who shall hold their offices, and have and exercise the

General meeting.

Power of trustees.

Stockholder entitled to

one vote for

powers and franchises hereby granted, until the first Monday in January, eighteen hundred and forty-eight, and until others are elected in their places.

SEC. 6. There shall be on the first Monday of January, eighteen hundred and forty-eight, and on the first Monday in January in every succeeding year, a general meeting of the stockholders of said corporation at their academy building in the village of White Pigeon, or at any other place to be designated by the by-laws of said corporation, and a majority of the stockholders who shall meet in person or by proxy, shall elect by ballot six of the stockholders to be trustees of said corporation for the year then next ensuing.

SEC. 7. The trustees of said corporation shall have power to choose of their own number a president, treasurer and secretary, who shall immediately enter upon the duties of their offices, and hold the same from the time of their election until the first Monday of January of the ensuing year, and until others are chosen in their stead; and in case any of the trustees shall die, resign, refuse or neglect to act, then and in such case the remaining trustees may, within thirty days thereafter, elect by ballot other stockholders of the said corporation in their stead, who shall hold their offices in the same manner as those first elected.

SEC. 8. Each stockholder shall be entitled to one vote for each share of which he shall be the holder, and the said trustees shall each share. receive subscriptions for shares in said corporation until the capital stock may be subscribed. The said shares shall be assignable and transferrable according to such rules as the board of trustees shall from time to time make and establish, and shall be considered personal property..

Who to be stockhold'rs

SEC. 8. Each person residing in said county at the date of the passage of this act, who were subscribers and donors for erecting a building in said village in the year eighteen hundred and forty, for a branch of the university, shall be stockholders to the amount they have severally subscribed and paid for the benefit of said branch.

SEC. 10. That all the real and personal estate at any time heretofore donated to the regents of the university for the use of said branch by said subscribers, shall hereafter belong to and be owned by said corporation for the use of said institution.

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