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May commute with stockholde's
Gov.to issue license.
Rates of toll
intersect, said road shall be constructed and covered as to allow the convenient passage of carriages.
Sec, 8. The directors may commute with any of the stockholders for any instalments upon their stock, by allowing them, instead of paying their subscription, to take contracts, on giving satisfactory security for the fulfillment thereof, by furnishing any part of the materials or executing any part of the construction of said road
Sec. 9. When one half of said road shall be done, the directors may notify the governor of this state, who shall thereupon forthwith appoint three disinterested persons, whose compensation shall be paid by the company, and whose duty it shall be to view said road and report to the governor; and if they report that five miles are done in a good workmanlike manner, according to the true intent of this act, the governor shall issue his license, under the seal of the state, to permit said company to erect such gate or gates upon and across said road as may be necessary to collect the tolls allowed by this act.
Sec. 10. Said company shall be entitled to demand and receive from all persons, except persons going to or from public worship or funerals, the following tolls for the whole distance, and at half toll gates in proportion, to wit: For every score of hogs or sheep, twelve cents; for every wagon, drawn by two horses, mules or oxen, seventeen cents, and for every additional horse, mule or ox three cents ; for every pleasure wagon, coach or carriage, drawn by two horses, twenty-five cents, and for every additional horse, three cents; for every sulky or pleasure carriage, drawn by one horse, twelve cents, and for every additional horse, three cents; for every cart drawn by two oxen, twelve cents, and for every
additional yoke of oxen, four cents; for every horse or mule rode, led or driven, five cents; for every cart drawn by one horse, six cents; for all sleighs or sleds, drawn by one or more horses, mules or oxen, half the tolls of vehicles on wheels; for every horse or mule and rider, six cents; and it shall be lawful for any toll gatherer to stop any of the above property or persons until the tolls are paid according to the foregoing rates.
Sec. 11. If any toll gatherer shall unreasonably detain any traveller or property on said road, or demand or receive more toll than is
allowed by this act, he shall forfeit for every such offence, twentyfive dollars, to be recovered by the person so detained or injured, with costs of suit, before any justice of the peace, in his own name and for his own use.
Sec. 12. The shares of said company shall be transferable in Shares the manner provided in the by-laws of said company; and the company books shall at all times be open to the inspection of any of the stockholders, and shall be so kept as to show the accurate receipts and expenditures of the company.
Sec. 13. If the road herein specified shall not be built and approred within four years, this act shall be void. Sec. 14. The stockholders of said company shall be personally
Liability. liable for all the debts of said company after the corporate property is exhausted.
Sec. 15. The legislature may at any time alter, amend or repeal this act.
Sec. 16. This act shall take effect on the first day of April next.
(No. 98.] AN ACT making Appropriations for the Salaries of State Officers,
for the year eighteen hundred and forty-seven. Section 1. Be it enacted by the Senate and House of Representa
Appropriatires of the State of Michigan, That there shall be, and there is hereby appropriated out of any moneys in the state treasury, to the credit of the general fund, not otherwise appropriated, the following sums: For the salaries of the Governor and Associate Justices of the Supreme Court, fifteen hundred dollars each; for the salary of the Chief Justice of the Supreme Court, sixteen hundred dollars; for the salaries of the Auditor General, State Treasurer and Commissioner of the Land Office, one thousand dollars each; for the salary of the Secretary of State, one hundred and sixty-six dollars and sixty-seven cents, due on the first day of March, 1846, and the further sum of six hundred and sixty-six dollars and sixtyseven cents for the remainder of the year, under the revised statutes of 1846; for the salary of the Attorney General, at the rate of
eight hundred dollars per annum, up to and including the first day of March, instant, and at the rate of five hundred dollars per annum since that time; to the Superintendent of Public Instruction, the sum of five hundred dollars ; for the salary of the Recorder of the Land Office, four hundred dollars; for the salary of the Adju. tant General, three hundred dollars; for the salary of the Quarter Master General, one hundred and fifty dollars; for the salaries of the Deputy State Treasurer and Deputy Auditor General, seven hundred dollars each; for the salaries of the two regular Clerks of the Auditor General, six hundred dollars each; for the salaries of the Deputy Secretary of State, Deputy Commissioner of the Land Office and one Clerk in said office, five hundred dollars each.
Sec. 2. The salaries above specified shall be payable quarterly, be paidquar. commencing from the first day of March in the present year, or at terly.
the same rate for fractional quarters.
necessary to pay the salaries of the Chancellor, Judge of the Dis trict Court, and the several officers above mentioned, their respective salaries as they were severally fixed by law up to and prior to the first day of March, instant.
Sec. 4. This act shall take effect and be force from and after its passage.
Approved, March 17, 1847.
[No. 99.] AN ACT to appoint Commissioners to lay out a certain State
Section 1. Be it enarted by the Senate and House of Representatires of the State of Michigan, That Harry Williams of Charlotte, Sylvanus Hunsiker of Bellevue, and Alonzo Noble of Battle Creek, be commissioners to lay out a state road from Battle Creek in Calhoun county, to Lansing in the county of Ingham, on the best and most eligible route: Provided, The state shall in no way be liable for the expense of laying out and constructing said road.
Sec. 2. This act shall take effect and be in force from and after
Stock to be
[No. 100.] AN ACT to incorporate the Union City Iron Company, in the
county of Branch. Section 1. Be it enacted by the Senate and House of Representa
Incorporatires of the State of Michigan, That the share owners of the Union lion. City Iron Company, in the county of Branch, at the time of their acceptance of this charter, shall be a body politic and corporate in law, with a capital stock of twenty thousand dollars, by the name and style of the Union City Iron Company.
Sec. 2. The said company may hold all such real and personal May hold esestate as shall be necessary for the successful prosecution of the business of Iron making and the manufacturing of the same in its various branches, and for supplying coal and ore for the business aforesaid, not exceeding five thousand acres.
Sec. 3. The shares or stock in said company shall not be taxable; but all the property belonging to said company, whether real taxed. or personal, shall be liable to assessment and laxation in the township where the same is situated, in the name of the company, the same as any other real or personal property; and all such taxes may be collected by distress and sale of any of the company's property, by the collector of the proper township in said county of Branch; and when no personal property to[is] be found in any township where the company are taxed for real estate owned by them, the tax shall be returned and collected in the same manner as other non-resident taxes. Sec. 4. This act shall be subject to the provisions of the Revised
Act subject Statutes of one thousand eight hundred and forty-six, as contained in to revised title ten, chapter fifty-five, and such amendments as may fromt ime to time he made thereto, except so far as the provisions thereof are varied by this act, and unless the provisions of this act are accepted by the first day of May next, by said company, by a vote of said company, duly had at a meeting of said company held according to the articles of association of said company, and certified by the President and Secretary thereof, and filed in the office of the Secretary of State, this act shall be void.
Sec. 5. Each stockholder of said company sh be personally Liability. liable for all the debts and liabilities of the company, to the amonnt
of stock owned by him and paid in; but no execution shall issue against the separate property of any stockholder, until the property of the company in this state liable to execution shall tave been exhausted.
Sec. 6. The legislature may at any time alter, amend or repeal this act by a vote of two thirds of each branch of the legislature.
Sec, 7. This act shall take effect and be in force from and after its passage.
Approved March 17, 1847.
Section 1. Be it enacted by the Senate and House of RepresentaIncorpora- tives of the State of Michigan, That Elijah Brownell, Eliphalet
Jones, William E. Warner, Samuel A. Hubbard, Joseph L. Peters, Stephen Allen and Anson Backus, of the county of Lenawee, together with such other persons as may be associated with them for that purpose, shall be and they are hereby constituted a body politic and corporate, by the name and style of the "Raisin Institute,” subject to the provisions relating to corporations, contained in chapter fifty-five of the revised statutes of eighteen hundred and forty-six, and such amendments thereof as may from time to time be made by the legislature.
Sec. 2. The trustees shall have power, and they are hereby authorized to establish in the township of Raisin, in the county of Lenawee, an institution for the instruction of young persons, in an'cient or modern languages or literature, and the arts and sciences, and shall faithfully apply all funds received by them for that purpose, by subscription, bequest or otherwise, in providing suitable buildings, employiug professors and teachers, procuring books, maps, philosophical and other apparatus necessary or proper for
the successful prosecution of study in said institution. Capital sto'k Sec. 3. The capital stock of said corporation shall not exceed
the sum of ten thousand dollars, and shall be divided into shares of ten dollars each, which shall be considered personal property; and they may hold any property or estate, real, personal or mixed, for
Power of trustees,