General meeting. Power of trustees. Stockholder 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 entitled to 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. trustees. SEC. 11. In case it shall at any time happen that an election of Election of trustees should not be made on any day, when pursuant to this act it ought to have been made, the said corporation shall not for that cause be dissolved; but it shall and may be lawful on any other day to hold an election for trustees, in such manner as shall be provided by the by-laws and ordinances of said corporation. SEC. 12. The said trustees shall faithfully apply all funds in money or otherwise, by them collected or acquired, according to How to apply funds. their best judgment, in the erection of suitable buildings, in the support of necessary officers and teachers, and procuring a suitable library and other articles necessary to insure the success of said institution. SEC. 13. All process against said corporation shall be by summons, and the service of the same shall be by leaving an attested copy with the president of said board of trustees, or in his absence, at his last place of abode, at least six days previous to the return day thereof. Process. ble. SEC. 14. The trustees of said corporation shall be jointly and Trustees liaseverally liable for all debts against the corporation: Provided, That no execution shall issue against the individual property of said trustees until the property of the corporation shall have first been exhausted.. SEC. 15. The principal of the academy shall, on or before the Who shall first day of November of each year, report to the superintendent of make report public instruction the number of pupils in said academy, the stu dies pursued, the books used, and the general condition of the in stitution. SEC. 16. The legislature may at any time alter, amend or repeal this act. SEC. 17. This act shall take effect and be force from and after its passage. Approved, March 12, 1847. amount so borrowed to be invested under the direction of said board To lay out [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 Representacertain road. tives 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. " Commiss'rs. Duty of com SEC. 2. The expense of laying out said road shall in no way be chargeable to the state. 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. its SEC. 6. This act shall take effect and be in force from and after 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 Representatires 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. its SEC. 2. This act shall take effect and be in force from and after 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 "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 stream, or injure its use as a common highway, or prevent sage of fish up and down the same. SEC. 5. This act shall take effect from and after its passage. [No. 44.] AN ACT for the relief of Priscilla Eddy, widow of Samuel Eddy, deceased. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That all the right, title and interest which the people of this State have or may claim, in or to any lands or real estate of which Samuel Eddy, late of the city of Monroe in said State, deceased, died siezed or possessed, or to which he had any equitable or other right, and which may have come to the people of this state by escheat, be and it is hereby released, transferred and set over to Priscilla Eddy, widow of the said Samuel Eddy, deceased, and to her heirs and assigns forever; subject, however, to the payment of any subsisting debts due from the estate of said Samuel Eddy, deceased. SEC. 2. This act shall take effect from and after its passage. Preamble. [No. 45.] AN ACT for the Relief of Henry Willis. Whereas, Henry Willis did, at a public sale, held at Marshall, in the county of Calhoun, on the twenty-seventh day of September, A. D. 1842, purchase blocks number fifteen, eighteen, nineteen, twenty, twenty-two, twenty-three and twenty-seven, in east Battle Creek village; And whereas, Said Willis has made an affidavit that the superintendent of public instuction at said sale, agreed to make him a certificate for each block separately, and at the request of said superintendent, owing to the press of business, he took one certificate for the whole number of blocks, expecting to obtain separate certificates when demanded; |