Page images
PDF
EPUB
[blocks in formation]

* A Plat of the village off Macomb, and State of Michigan. The lots are 75 feet front aride, except Main and St. Clair streets. The alleys intersecting each bl

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small]
[blocks in formation]

43

21

65

2

21

1

[ocr errors]

8

[merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small]

Block

1

40 feet wide.

43

[blocks in formation]

21

34

Range 2 west, St. Ceast, St. Clair st., range 2 east.

[blocks in formation]

[No. 39.]

AN ACT to incorporate the White Pigeon Academy.

Incorpora

SECTION 1. Be it enacted by the Senate and House of Representatires 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.

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

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.

ply funds.

SEC. 12. The said trustees shall faithfully apply all funds in money or otherwise, by them collected or acquired, according to How to aptheir 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.

SEC. 14. The trustees of said corporation shall be jointly and severally 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.

Process.

+

Trustees lia

ble.

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 institution.

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.

« PreviousContinue »