The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1872-04-26

missioner shall receive salary Of eight hundred
! ices except reasonable expenses.
SIC. 2. This act shall take immediate effect.
Approved March 20, 1872,
AN ACT to amend an act entitled AN act 20
! authorize the formation Of corporations for the
| purpose OF engaging I'm commerce or naviga-
hundred and slXty-seven, by adding new sec
ton thereto 20 stand as section twenty-five.
! SECTION /. The PCple ~ the state n michigan
enact That " An act 10 authorize the formation OF
corporations for the purpose OF engaging m COM
| merce or navigation approved February twenty
! first eighteen hundred and siXty-scyeu. be amend
| ed by adding new section thereto 20 stand a.
section twenty-hye-said section TO read a. fol-
| lows:
SEC 25. The capital stock and the number of
| shares of any corporation organized under this
act may he increased at any annual meeting there
Of or at any meeting Of the stockholders call
ed FOR that purpose, by. vote of tgo-thirds In
| interest of It's stockholders: PTOri6e3, That
! the amount 50 increased shall not with existing
| capital exceed one million dollars. A certified
cony Of such vote shall be fled with me Secretary
| Of state and with the county clerk OF the county
where their general Office for business is located
and shall be deemed and taken as a part Of the
| articles OF association.
! SEC. .. This act shall take immediate effect.
| Approved March 70 1872.
AN ACT to amend chapter one hundred and
thirty Of the Compiled Laws of one thousand
| eight hundred and scycnty-oue. entitled Gen
erl provisions relating 10 corporations by
adding new section thereto, relative to mort
sEcTIoS /. ne PeoD,e If the .StGie Of Michigan
enact, That chapter one hundred and thirty of the
! Compiled Laws OF one thousand eight hundred
! and seventy-Onc. entitled general provisions
/ relating TO cOrpOratiOns.' be and the same hereby
Is amended by adding 20 the first subdivision Of
! said chapter. the following section, to stand a.
! section twenty six.
SEC. 2G Whenever any corporation, now exist
| ing or hereafter formed, may have conveyed All
thelr corporate property; real and personal To-
gether with their franchises. growing out Of or
| appertaiEing thereto. or together with all their
| corporate franchises. by way Of mortgage or deed
! Of trust. in case of the sale Of the same there
under the purCha sers az such sale and their assO-
Ciates shall be entitled 10 have and exercise all the
privileges and franchises held BY such corporation
and shall be deemed and taken to Ee the true
owners OF IL corporate nights. and 10 be curpOr-
atOrs vested with all the rights. powers privileges
and benefits conferred by law or the statutes Of
this State upon such corporations, in the same
manner. and 10 the same extent, A. II they were
the original cOrporaturs NJ the formation Of -uch
corporation: and they shall. within thirty days
after such sale shall become absolute hic) articles
Of association, together with copy Of the order
confirming the sale, in the Office of the secretary of
States in such other Office or offices the orig
inal articles of association corporation re-
quircd 10 be filed in, and they snail hold title TO
and enjoy all property acquired by, or donated 10.
such corporation, which may have been purchase cd
by them at such sale; and such successor cor
poution may issue, aud Themselves hold new
| stock IN said corporation 10 SUCH an amount and
| OF such denomination rs was prescribed IN the
articles 0l asso'.alIon or SHiIlcI oI lle oii-iuai
citation as required by this act, the old officers of
salu IpoIalioh snaIl oc suPcrseueu' Huu lne oIu
| SDCh III sulu CoIP"Ial5on Silall DC uceileu loI-
teitcd and eXtinguishcd. and may be Cancelled on
the books of said corporation, and the new stock
holders and the officers by them chosen elected.
SnaI,' ~ 'IIc NV " uccli,u any loNSu ~ ~ w
the said corporation shall not be liable for any
ocotS vi cH'cit Nus y! ~ Iiel
S"uI1Ctcu. buI W PItol ulut 'S"e' VI ileu III
DC III any Wa unccleu ny hucu PIoCetulneS' uuu
al :! any .Ht s,lal' uot uS
rou el''.i Lcu ii'oic ios az ~, .cot vi 7uOLi
oIIsLai urlo.'..oi "Hu no llao'I4ly El any ooL
Pprn'1rS' uireC.or OF olhtr persons
, az "a 'n' ""y y, ~ S a.!
"i ",s LuIno,'Z ~ Di 'nia Az, ~
e1Hsu. MAJ .i 'IlNliE Sucl salc ,uc pLoPclt!
es,Gnlid 10 the exercise OF GoIp4IfaJe Iliu'i' To-
gctiel WIN te t3iIP''atJ iiam0iiscs -ai"ll ~
separate from any other property mortga2cd.
SEC = hiS ACl sI"ll axe immaculate eject.
Approved hdrCh ~ lS'-'
AN ACT 10 amend act numhcr one hundred aud
thirty or the Session Laws of one thousand
eight hundred and scycuty-one, entitled An
act 10 amend section nineteen of chapter one
hundred and sevcnty-two of the Revised Stat
utes of one thousand eight hundred and forty.
Fix. being section six thousand one hundred
and seyenty.siV of the Compiled Laws fof 1871 /,
entitled OF the state Prison, and the govern
Inent and discipline thereof F."
enact, That Act uumherOnc hundred and thirty OF
the Session Laws of one thousand eight hundred
and seventy-onc. entitled An act 10 amend section
nineteen OF chapter one hundred ana scVenty-tWO
of the Revised Statutes Of one thousand eight hun
dred and turty-siX. being section six thousand one
hundred aud sCVcnty-SiT OF the Compiled Laws
[of ISL. entitled OF the State Prison and the
government and discipline thereof be amended
so 10 read as follows:
SEC. 70. There shall he paid 10 the officers of
the State Prison, the following annual sal ries to
be paid monthly, at the Office Of the Prison. 10
wit: To agent. fifteen hundred dol ars and the use
Of house. hrewoOd. and HghtS. aud NJ other per
quisiteS whatsoever: 10 the deputy keeper. one
thousand dollars. and the use OF the deputy s
house; and 10 the assistant keepers. "a sum not
exceeding eight hundred dollars each as the in
spectors shall deem just ard reasonable: to the
chaplain. 10 the ply ican. aud 10 the clerk, such
sum a. the inspectors shall allow.
SEC. 2. This act shall take immediate effect.
Approved March %. ls12.
AN ACT to amend section twenty-ninc OF an act
entitled An act TO amend sections ten and