for the year eighteen hundred and forty-nine, a sum not exceeding cight thousand dollars, and for the year eighteen hundred and alty, a further sum not exceeding eight thousand dollars: Provided, That the consent of the taxable inhabitanis of said city to the proposed levy, be first obiained 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 io 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 All acts and parts of acts, contravening the provisions of this act, are hereby repealed.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. [ No. 57. 7 AN ACT relative to certain taxes in the township of Norton, in the county of Ottawa, Section 1. Bc it cnacleil by the Senate anrl House of RepresentaTownship Weauvreto tives of the State of Michigan, That the treasurer of the township Sredii w of Norton, county of Ottawil, be and he is hereby authorized and eert'n duins, required to credit William M. Ferry upon the tas roll now in his hands the sum of severty.eight dollars sixty-five cents, at any time when the said Ferry shall pay the balance of the tax assessed and charged to hiin on the tas 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 snid Ferry a receipt in full for all taxes assessed upon his property in said township, for the year A. D. one thousand cight hundred and forty-eight. 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 hereasier organ ized) to assess upon all the taxable property of said towriship the said sum of seventy-eight dollars sixty-five cents, will 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 Re-assess Hamıramek Groese Point [ 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. 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 iy-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 or 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, 1819. state land board of re [ No. 59. ] AN ACT requiring the Commissioner of the State Land Office to make an Annua: Repori 10 the Regents of the University of Michigan. Section 1. Be it cracted by the Senate and House of Represen Commissi's tatires of the State of Michigan, That the commissioner of the land office to make report office shall muke out and transmit to the secretary of the board of to sec'y of regents of the un versiły, by the first day of July next, an accurate geuts. statement of each and erery parcel of university land that shall have been sold up to thai date, and the price for which it was sold. Also, of all forleitures and re-sales, with an amount of the loss or gain attending such forfeitures and re-sales, and also, an amount or Vistof each parcel of university land un-old. Sec. 2. Said comaissioner shall annually thereafter, report to Annual rcthe board of regnis. all sales and forfeitures of university lands, gents, with an amount of iho receipts and expenditures altending the same.' port to re ibid. 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, Regents en 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 Slate. Sec. 6. This act shall be in force from and after its passage. tion, [ No. 60. ] Section 1. Be it enacted by the Senate and House of Represen- tatives of the State of Michigan, That Alonzo Plumsted, Abram trolled by the terms of this enacimeni. Capit'l sto'k 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 Powers and objects of company. Certificates of the persons owning the same, between said spring and said vil- Officers. 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 oi 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 ex- of stock. ceeding 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 10 said corporation, shall be under all the liabilities and possess all the privileges of the original stockholders. 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 meeting called for that purpose, assess upon each share such sums of on shares. rponey 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 Liabilities and severally liable for all debts and contracts made by said poration, provided that the corporate property shall be exhausted before the private property of any member of said company shall be shares. Assessmu'nta cor of corpora tors. eompany Real estate. taken: and a certificate signed and sworn to by the clerk and treas. 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 Sec. 10. Said corporation shall have the power to purchase and thousand dollars. not be lawful for said company to use their funds or any part there- inconsistent with the provisions of this act. a notice signed by one or more of the persons named in this aci, Approved March 5, 1849. Incorporation. [ No. 61. ] |