Page images
PDF
EPUB

for the year eighteen hundred and forty-nine, a sum not exceeding eight thousand dollars, and for the year eighteen hundred and fifty, a further sum not exceeding eight thousand dollars: Provided, That the consent of the taxable inhabitants of said city to the proposed levy, be first obtained at a public meeting of said taxable inhabitants, to be convened by the proclamation of the Mayor of said city: And provided further, That the said sums, or any part thereof, so raised, shall be applied in payment of the city debt, and the interest thereof, and to no other purpose.

Sec. 2. All acts and parts of acts, contravening the provisions of this act, are hereby repealed.

Sec. 3. This act shall take effect from and after its passage.
Approved March 2, 1849.

Township

Norton to

Ferry with

[No. 57. ]

AN ACT relative to certain taxes in the township of Norton, in the county of Ottawa.

Section 1. Be it enacted by the Senate and House of RepresentaLeasurer of tives of the State of Michigan, That the treasurer of the township credit WM of Norton, county of Ottawa, be and he is hereby authorized and cert'a suins. required to credit William M. Ferry upon the tax roll now in his hands the sum of seventy-eight dollars sixty-five cents, at any time when the said Ferry shall pay the balance of the tax assessed and charged to him on the tax roll of said township, and when said balance shall be paid as aforesaid, it shall be the duty of the township treasurer to give to said Ferry a receipt in full for all taxes assessed upon his property in said township, for the year A. D. one thousand eight hundred and forty-eight.

Re-assess

[ocr errors]

Sec. 2. It shall be the duty of the proper officers of the township ment of said of Norton (as now organized by law, or as it may be hereafter organize) to assess upon all the taxable property of said township the said sum of seventy-eight dollars sixty-five cents, with the annual taxes of one thousand eight hundred and forty-nine, and that said township treasurer shall pay over all monies to the county treasure, all the monies as directed by his warrant affixed to the said tax roll.

Sec. 3. This act shall take effect and be in force from and after its passage.

Approved March 3, 1849,

[No. 58. ]

AN ACT to attach certain portions of the township of Hamtramck in the county of Wayne, to the township of Grosse Point, in said county.

Hamtramck

Grosse Point

Section. 1. Be it enacted by the Senate and House of Represen- Portion of tatives of the State of Michigan, That all that part of the town- attached to ship of Hamtramck, lying east of a line commencing at a point on the Detroit river where the westerly line of private land claim number seven hundred and twenty-five, "according to a plat made by E. A. Hathon," touches said river, thence following said westerly line north-westerly, to the south line of fractional section number twent ty-two, thence along said south line, easterly to the east line of said section, thence northerly along said east line, and along the east line of section number fifteen, to intersection with the present boundary line of said township of Grosse Point, shall be, and the same is hereby set off from the township of Hamtramck, and attached to the township of Grosse Point, in said county of Wayne. Sec. 2. This act shall take effect and be in force from and after its passage.

Approved March 3, 1849.

[ No. 59. ]

AN ACT requiring the Commissioner of the State Land Office to make an Annual Report to the Regents of the University of Michigan.

state land office to make report

to sec'y of

board of re

Section 1. Be it enacted by the Senate and House of Represen- Commissi'r tatives of the State of Michigan, That the commissioner of the land office shall make out and transmit to the secretary of the board of regents of the university, by the first day of July next, an accurate geuts. statement of each and every parcel of university land that shall have been sold up to that date, and the price for which it was sold. Also, of all forfeitures and re-sales, with an amount of the loss or gain attending such forfeitures and re-sales, and also, an amount or list of each parcel of university land un-old.

port to re

Sec. 2. Said commissioner shall annually thereafter, report to Annual rethe board of regents. all sales and forfeitures of university lands, gents. with an amount of the receipts and expenditures attending the

same.

bid.

Ibid.

Regents entitl'd to copy

Sec. 3. Said commissioner shall also report annually, the expenses lawfully charged to and deducted from the university interest fund, together with the nett income.

Sec. 4. Said commissioner shall with each of his reports, furnish an accurate statement of all monies loaned from said fund, to whom loaned and when payable, with the interest annually paid thereon, and the annual interest due and unpaid. Also, the amount of internal improvement warrants paid for university lands, with the annual interest paid thereon by the state.

Sec. 5. The regents of the university shall severally be entitled of statutes to receive from the secretary of state, in the same manner as other public officers, a copy of the annual laws of the State.

Sec. 6. This act shall be in force from and after its passage.
Approved March 3, 1849.

[ocr errors]

Incorporation.

Capit'l sto'k

Powers and objects of

company.

[ No. 60. ]

AN ACT to Incorporate the "Northville Hydraulic Company." Section 1. Be it enacted by the Senate and House of Represen tatives of the State of Michigan, That Alonzo Plumsted, Abram A. Gardner, Sylvester Cochrane and Stephen Amsharree, their successors and associates, are hereby created for the term of twentyfive years, from and after the first day of January eighteen hundred and forty-eight, a body corporate by the name of the "Northville hydraulic company," for the purpose of supplying the village of Northville, in the county of Wayne, with water from a spring about one mile distant from said village, capable of exerting all the pow ers, entitled to all the privileges, subject to all the duties and liabil ities specified in the statute, prescribing the general provisions for corporations, except so far as the same may be modified and controlled by the terms of this enactment.

Sec. 2. The capital stock of said corporation shall not exceed the sum of five thousand dollars in shares of ten dollars each, transferable on the books of said company, and in such manner as may be provided by the by-laws thereof.

Sec. 3. Said company hereby created shall have power to conduct water from said spring into said village of Northville, under ground, along the highway and streets of said village on the lands

of the persons owning the same, between said spring and said village of Northville: Provided, They first obtain the consent of the owners of said spring and said lands.

Sec. 4. Said corporation shall have a treasurer and clerk and such other officers and agents as the members of the corporation. may determine, to be appointed in such manner and for such terms. as the by-laws of said corporation may prescribe. The clerk shall be sworn to the faithful discharge of his duties as the same may be prescribed in said by-laws, and the treasurer shall give bond in such a sum and with such sureties as said by-laws may prescribe, for the faithful discharge of his duty.

Sec. 5. The amount of capital stock shall be fixed and limited by the corporation in the manner prescribed by the by-laws, not exceeding five thousand dollars, and shall be divided into shares, and a record thereof be made by the clerk; said shares shall be numbered in progressive order, beginning at number one, and every stockholder shall have a certificate, under the seal of the corporation, and signed by the treasurer, certifying his property in such share as shall be expressed in the certificate; and all new stockholders to said corporation, shall be under all the liabilities and possess all the privileges of the original stockholders.

Officers.

Certificates of stock.

shares.

Sec. 6. Any shares may be transferred by the proprietor thereof Transfer of by a deed under his hand and seal, acknowledged by an officer duly authorized by law to take acknowledgments of deeds, and recorded by the clerk of the corporation, in a book to be kept for that purpose, and the purchaser named in such deed so recorded, shall, on producing the same to the clerk and delivering to him the former certificate, be entitled to a new certificate, and from the entry of such transfer the new stockholder shall be under all the liabilities and possess all the privileges of the orginal stockholder.

Sec. 7. Said corporation may from time to time at any regular Assessm'nte meeting called for that purpose, assess upon each share such sums of on shares. money as the corporation shall think proper, not exceeding in the whole, the amount at which such share shall be originally limited and such sums so assessed shall be paid to the treasurer at such times and in such instalments as the corporation may direct.

Sec. 8. All the members of said corporation shall be jointly and severally liable for all debts and contracts made by said corporation, provided that the corporate property shall be exhausted before the private property of any member of said company shall be

Liabilities

of corpora.

tors.

Debts of the

company.

Real estate.

mendment,

taken: and a certificate signed and sworn to by the clerk and treasurer, setting forth the amount of capital stock paid in, shall be filed and recorded in the office of the register of deeds for said county of Wayne.

Sec. 9. The whole amount of debts which said corporation shall at any time owe shall not exceed the one half of the amount of its capital stock actually paid in, and the clerk of said corporation shall at all times keep a record containing a true and correct account of all the debts due and owing from said corporation, and of the amount of capital stock paid in, which record shall at all times be open to public inspection.

Sec. 10. Said corporation shall have the power to purchase and hold lands, rights of way and other real estate, to the amount of two thousand dollars.

Right of a Sec. 11. The legislature may at any time alter, amend or repeal this repeal, &c. act, for any violation of the provisions of this charter; and it shall Mot be lawful for said company to use their funds or any part thereof in any banking transactions, in brokerage or exchange, in dealing in money or bank notes, or in the purchase of any stock of any bank or in the purchase of any public stock whatever, or for any purposes other than those herein particularly specified; and the said company shall be subject to the provisions of chapter fifty-five of the revised statutes of 1846, so far as the same are applicable and not inconsistent with the provisions of this act.

1st meeting.

Sec. 12. The first meeting of said corporation shall be called by a notice signed by one or more of the persons named in this act, setting forth the time, place and purpose of the meeting, and such notice shall, at least three days before the meeting, be delivered to each member thereof.

Approved March 5, 1849.

[No. 61. ]

Incorporation.

AN ACT to incorporate the Detroit Savings Fund Institute.

Section 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Elon Farnsworth, David Smart, John Palmer, Zina Pitcher, Charles Moran, Shubael CoDant, B. B. Kercheval, Levi Cook, James A. Hicks, George M. Rich and Gurdon Williams and their successors, are constituted a body corporate and politic, by the name of the Detroit savings fund institute.

« PreviousContinue »