reglab/statecodes huggingface dataset:
2023 Michigan Compiled Laws › Chapter 485 - Canal, Harbor, and River Improvement Companies › Act 91 of 1887 - Improvement of State Boundary Rivers (485.201 - 485.214) › Section 485.213 - Consolidation; Procedure; Powers of New Corporation; Articles or Certified Copy as Evidence.

485.213 Consolidation; procedure; powers of new corporation; articles or certified copy as evidence.
Sec. 13.
Any corporation formed under this act and any corporation of an adjoining state created for any similar or kindred purpose upon the same river may consolidate their stock, property and franchises in the manner and upon the terms agreed upon by the respective corporations, and such consolidated corporations shall possess and have authority to exercise all the rights, privileges and franchises granted by this act: Provided, That no such consolidation shall be made without the assent of the holders of 3/4 of the capital stock of the consolidating companies: And provided further, That in case of any consolidation of corporations under this act, such consolidated corporations shall have power to assume a name, fix their capital stock, which shall in no case exceed the joint capital of the corporations so consolidated, to fix the number of its directors, which shall be not less than 3 nor more than 9, to adopt a common seal and to fix its term of existence, which shall not exceed 30 years from the date of such consolidation, and such articles of consolidation, when duly executed and filed in the office of the secretary of state, or a certified copy thereof, shall be prima facie evidence in all courts of the existence of such consolidated company.
History:
1887, Act 91, Imd. Eff. Apr. 26, 1887 ;-- How. 3873m ;-- CL 1897, 6762 ;-- CL 1915, 8862 ;-- CL 1929, 11797 ;-- CL 1948, 485.213
2023 Michigan Compiled Laws › Chapter 485 - Canal, Harbor, and River Improvement Companies › Act 91 of 1887 - Improvement of State Boundary Rivers (485.201 - 485.214) › Section 485.214 - Delivery Duties; Liability for Damages.

485.214 Delivery duties; liability for damages.
Sec. 14.
It shall be the duty of said corporation to provide for the delivery of and to deliver to the respective owners and parties entitled to receive the same the logs and timber driven, boomed, or sorted by such corporation, with prompt and impartial diligence, and no owners and parties ready to receive their logs and timber shall be delayed in the sorting and delivery thereof because other owners or parties are not ready to receive the delivery of their logs and timber. And such corporation shall be liable to any owners of logs and timber and to any parties entitled to receive from such corporation any logs and timber, for all damages which they may suffer by reason of the failure of such corporation to comply with the provisions of this section.
History:
Add. 1889, Act 42, Eff. Oct. 2, 1889 ;-- How. 3873n ;-- CL 1897, 6763 ;-- CL 1915, 8863 ;-- CL 1929, 11798 ;-- CL 1948, 485.214
2023 Michigan Compiled Laws › Chapter 485 - Canal, Harbor, and River Improvement Companies › Act 188 of 1889 - Improvement of Rivers for Logging (485.301 - 485.303) › Section 485.301 - Corporations to Improve Rivers for Logging; Incorporation, Control of Stream.

485.301 Corporations to improve rivers for logging; incorporation, control of stream.
Sec. 1.
That any corporation now in existence, or which may hereafter be organized under any law of this state, having as its object the clearing out and improving of any river or stream navigable only for the purpose of driving logs and floating timber within the state, for the purpose of driving, sorting, holding and delivering logs thereon, which has taken possession of such stream, and made permanent and valuable improvements thereon by clearing and straightening the channels thereof, closing sloughs, erecting sluiceways or building dams, as may be required; or where individuals have made such improvements, with the intention of subsequently incorporating, such corporation or individuals shall have the right to control such stream, under such restrictions and in the manner following: Provided, That in all cases where individuals have already made improvements upon any stream or streams they shall proceed to incorporate under the laws of this state, within 4 months from the passage of this act.
History:
1889, Act 188, Imd. Eff. June 26, 1889 ;-- How. 3873o ;-- CL 1897, 6764 ;-- CL 1915, 8864 ;-- CL 1929, 11799 ;-- CL 1948, 485.301
2023 Michigan Compiled Laws › Chapter 485 - Canal, Harbor, and River Improvement Companies › Act 188 of 1889 - Improvement of Rivers for Logging (485.301 - 485.303) › Section 485.302 - Procedure to Come Under Act; Forfeiture of Rights.

485.302 Procedure to come under act; forfeiture of rights.
Sec. 2.
Every corporation and all individuals desiring to avail themselves of the provisions of this act, shall file with the board of control of the St. Mary's Falls ship canal company a map or plan of the section or sections of the stream or streams which have been so improved, accompanied by the affidavit of the secretary of any such corporation, or any 2 individuals intending to thus incorporate, setting forth fully the nature and value of said improvements, and also generally what further improvements, if any, are contemplated, and the estimated cost of the same, whereupon such corporation or individuals shall have the right to control said stream and collect tolls for running, rafting and driving logs, as hereinafter provided: Provided, however, That where individuals have improved any stream, upon failure to incorporate and file due proof of the same with the said board of control of the St. Mary's Falls ship canal company, within said period of 4 months, all their rights under this act shall be forfeited by mere operation of law without notice.
History:
1889, Act 188, Imd. Eff. June 26, 1889 ;-- How. 3873p ;-- CL 1897, 6765 ;-- CL 1915, 8865 ;-- CL 1929, 11800 ;-- CL 1948, 485.302
2023 Michigan Compiled Laws › Chapter 485 - Canal, Harbor, and River Improvement Companies › Act 188 of 1889 - Improvement of Rivers for Logging (485.301 - 485.303) › Section 485.303 - Corporation; Vested Rights, Restrictions.

485.303 Corporation; vested rights, restrictions.
Sec. 3.
Upon complying with the foregoing provisions of this act, such corporation shall be vested with all the rights, powers and franchises now conferred upon corporations organized under chapter 111 of Howell's annotated statutes, and shall in every particular be governed thereafter by the provisions and restrictions of said chapter.
History:
1889, Act 188, Imd. Eff. June 26, 1889 ;-- How. 3873q ;-- CL 1897, 6766 ;-- CL 1915, 8866 ;-- CL 1929, 11801 ;-- CL 1948, 485.303
Compiler's Notes:
For provisions of chapter 111, referred to in this section, see MCL 485.101 et seq.
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.1 - Water Power Companies; Incorporators; Notice of Formation; Articles of Association, Contents.

486.1 Water power companies; incorporators; notice of formation; articles of association, contents.
Sec. 1.
That any number of persons, not less than 5, may be formed into a corporation, for the purpose of maintaining, repairing and improving, any canal with water-power appurtenant thereto, constructed and used for the transmission of water, and the creation of water-power thereby, for manufacturing uses, by complying with the following requirements: Notice shall be given in at least 1 newspaper printed in the county in which the said canal may be situated, and if there be no newspaper printed in said county, then such notice shall be printed in some newspaper of an adjoining county, having circulation in said county, of the time and place where all persons desirious of forming such company may meet and subscribe articles of association, and elect directors of such company, in which articles of association shall be set forth, the name of the company, the number of years the same is to be continued, which shall not exceed 30 years from the date of said articles, the number and names of the directors who shall manage the concerns of the company for the first year, and shall hold their offices until others are elected, the canal on which the business of said company is intended to be done, and the place within the state where the office of said company shall be kept.
History:
1863, Act 232, Eff. June 22, 1863 ;-- CL 1871, 2745 ;-- How. 3874 ;-- CL 1897, 6767 ;-- CL 1915, 8867 ;-- CL 1929, 11802 ;-- CL 1948, 486.1
Compiler's Notes:
The word “desirious” near the middle of this section evidently should read “desirous.”
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.2 - Articles of Association; Signing, Filing, Evidence; Body Corporate, Powers.

486.2 Articles of association; signing, filing, evidence; body corporate, powers.
Sec. 2.
Each subscriber to such articles of association shall subscribe thereto his name and place of residence. The said articles of association shall be filed in the office of the secretary of state, and thereupon the persons who have so subscribed, and all persons who from time to time shall associate with them, shall be a body corporate, by the name specified in such articles, and as such shall be capable of suing and being sued, in all courts, and in all manner of actions, and may have a common seal. A copy of any articles of association, filed in pursuance of this section, with a copy of an affidavit, made by at least 2 of the directors named therein, setting forth that all prior proceedings of said association, had been in strict conformity with all the provisions of this act endorsed thereon, or annexed thereto, and certified by the secretary of state, to be a true copy of the whole of such articles of association, and of such affidavit, shall be in all courts and places presumptive evidence of the incorporation of such company, and the facts therein stated.
History:
1863, Act 232, Eff. June 22, 1863 ;-- CL 1871, 2746 ;-- How. 3875 ;-- CL 1897, 6768 ;-- CL 1915, 8868 ;-- CL 1929, 11803 ;-- CL 1948, 486.2
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.3 - Board of Directors; Annual Election, Notice; Officers, Treasurer's Bond; Vacancy.

486.3 Board of directors; annual election, notice; officers, treasurer's bond; vacancy.
Sec. 3.
The business of said company shall be under the management and direction of a board of directors, composed of not less than 3 nor more than 7, who, after the first year, shall be elected annually, at such time and place, and after such notice of the election as the by-laws shall prescribe, not less than 30 days previous to said election, and who shall hold their offices until their successors are elected. The said board shall elect from their number a president, and appoint a treasurer, who shall give such bond as the board of directors may require, and a secretary; and in case any vacancy shall occur in said board, the remaining directors may elect any member of said company to fill such vacancy as director, for the remainder of the term, and until a successor is elected; and in case said annual election of directors, from any cause, shall not be held at the time appointed, it shall be proper to hold the same at any time thereafter, upon giving like notice.
History:
1863, Act 232, Eff. June 22, 1863 ;-- CL 1871, 2747 ;-- How. 3876 ;-- CL 1897, 6769 ;-- CL 1915, 8869 ;-- CL 1929, 11804 ;-- CL 1948, 486.3
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.4 - Membership in Association; Procedure, Rights.

486.4 Membership in association; procedure, rights.
Sec. 4.
Any person owning any interest in the canal and water-power under the control of such association, may become a member thereof at any time by subscribing his name to the articles of association. And any person or persons who shall purchase an interest in said water-power of any member of this association shall become a member of said association without other act and shall succeed to all his grantor's rights and privileges in the same as a member thereof to the extent of the interest so purchased.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2748 ;-- How. 3877 ;-- CL 1897, 6770 ;-- CL 1915, 8870 ;-- CL 1929, 11805 ;-- CL 1948, 486.4
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.5 - Repairs; Permanent Improvements, Approval of Members; Expense.

486.5 Repairs; permanent improvements, approval of members; expense.
Sec. 5.
When the canal or any of its appurtenances under the control of such association may need to be repaired or rebuilt, the directors of said association may cause the same to be done at the expense of the owners thereof: Provided, That in all cases of permanent improvements of the water-power or appurtenances thereto, as distinguished from repairs, the said directors shall not be authorized to make such improvements, or incur any expense concerning the same, unless first authorized by a vote of the members of said association at a regular or annual meeting thereof, or at a meeting to be called for that purpose: And provided further, That the expense of permanent improvements which are not rendered necessary for the actual preservation or protection of said water-power or its appurtenances shall be assessed and collected in the manner hereinafter provided only upon the members of such association and such owners of water-power not members as shall have consented thereto previous to the making of such improvement.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2749 ;-- How. 3878 ;-- CL 1897, 6771 ;-- CL 1915, 8871 ;-- CL 1929, 11806 ;-- CL 1948, 486.5
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.6 - Repairs; Statement, Filing, Contents.

486.6 Repairs; statement, filing, contents.
Sec. 6.
Whenever the board of directors shall make any repairs not authorized at any meeting of said association, it shall be their duty to file with the clerk of the said association a statement containing:
First. A description of the work done;
Second. The expense thereof;
Third. The amount paid and to whom paid;
Fourth. The amount unpaid, if any, and to whom due.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2750 ;-- How. 3879 ;-- CL 1897, 6772 ;-- CL 1915, 8872 ;-- CL 1929, 11807 ;-- CL 1948, 486.6
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.7 - Assessment for Repairs or Improvements.

486.7 Assessment for repairs or improvements.
Sec. 7.
For the purpose of defraying the expenses of such repairing, rebuilding or permanent improvement, and such contingent expenses as may be incurred in the discharge of their duties as directors of such association, the said directors may make from time to time, as the work progresses, an assessment upon the owners of such water-power, assessing and apportioning to and upon each owner thereof, such portion of said expenses as the water-power used or owned by such persons bears to the whole water-power furnished by such canal and its appurtenances; and when a water-power afforded by such canal is owned by a firm or corporation, such firm or corporation shall be considered as an individual member, and such assessment may be made to and upon such firm or corporation.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2751 ;-- How. 3880 ;-- CL 1897, 6773 ;-- CL 1915, 8873 ;-- CL 1929, 11808 ;-- CL 1948, 486.7
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.8 - Assessment; Collection; Non-Payment, Use of Water Prohibited.

486.8 Assessment; collection; non-payment, use of water prohibited.
Sec. 8.
The said assessment shall then be delivered to the treasurer of the association for collection, who shall proceed forthwith and shall demand payment from each person named in said assessment of the amount apportioned to him, and if any such person shall neglect or refuse to pay the amount within 5 days after such demand to the treasurer, the same may be sued for and recovered, as provided for in section 18 of this act. Or the board of directors of such water-power company, may, by resolution direct that no member of said company or occupant of such power, whose assessment has been due and unpaid for 30 days after notice in writing of such assessment, shall be permitted to draw water from the race of said water-power company until such assessment is paid, and such board of directors may, after the expiration of 30 days, after notice in writing as aforesaid, board up, or close the gate of flume of such delinquent member, or person, or owner, and keep the same closed until the assessments due as aforesaid have been paid.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2752 ;-- How. 3881 ;-- Am. 1897, Act 32, Eff. Aug. 30, 1897 ;-- CL 1897, 6774 ;-- CL 1915, 8874 ;-- CL 1929, 11809 ;-- CL 1948, 486.8
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.9 - Assessment; Notice to Non-Resident.

486.9 Assessment; notice to non-resident.
Sec. 9.
In case any person upon whom an assessment shall have been made, as is herein provided, shall be a non-resident of the county in which said water-power is located, or absent, so that personal demand cannot be made upon him by the treasurer for the payment of such assessment, then in such case the treasurer shall give notice of such assessment by inserting a notice in some daily paper published in the town or city where such canal is located, in each issue, for 4 successive weeks, if a daily paper be published therein, if not, then in a weekly paper published in the county where said canal is located, once in each week for 4 successive weeks, specifying the fact of such assessment, and the name or description of the interest so assessed, and the amount of the assessment: Provided, That in case the directors shall so direct, it shall be lawful to include 1 or more assessments upon the same person or interest in 1 notice, and by a notice by mail directed to the owners' reputed place of residence, and the publication aforesaid, and the giving of notice by mail as aforesaid, shall be deemed equivalent to a personal demand in the cases specified in this section after the publication and mailing said notices as aforesaid.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2753 ;-- How. 3882 ;-- CL 1897, 6775 ;-- CL 1915, 8875 ;-- CL 1929, 11810 ;-- CL 1948, 486.9
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.10 - Assessment; Mortgage Lien; Preference.

486.10 Assessment; mortgage lien; preference.
Sec. 10.
All assessments made under the provisions of this act shall be and remain a mortgage-lien upon the interest so assessed, from and after the completion of the work for which such assessment was made, until paid, together with interest and the cost of publishing notice, if notice shall be published, and said mortgage-lien shall have preference over all incumbrances on said interest from and after the recording of a certificate, as is hereinafter provided, except incumbrances now existing thereon in good faith, and except taxes assessed or to be assessed thereon by any law of this state.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2754 ;-- How. 3883 ;-- CL 1897, 6776 ;-- CL 1915, 8876 ;-- CL 1929, 11811 ;-- CL 1948, 486.10
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.11 - Mortgage Lien; Certificate, Contents, Recording.

486.11 Mortgage lien; certificate, contents, recording.
Sec. 11.
After such mortgage-lien shall have attached to such interest in such canal and water-power, the secretary of such association shall make a certificate in writing, to be signed by him, and countersigned by the president, which certificate shall state
First. The amount of such assessment or assessments;
Second. That the work for which such assessment was made has been done;
Third. The time when the same became a lien;
Fourth. A description of the property or interest upon which such assessment was made;
Fifth. The amount due thereon, together with the costs made thereon, which certificate shall be verified by the affidavit of such secretary, or some member of the board of directors, and shall be recorded and indexed by the register of deeds of the county in which such water-power is situated, in the books for mortgage, the same as if it were a mortgage given by the owner of the interest so assessed, and such record, or a certified copy thereof, shall be notice and evidence to the same intent, extent, and for the same purpose as a mortgage so recorded.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2755 ;-- How. 3884 ;-- CL 1897, 6777 ;-- CL 1915, 8877 ;-- CL 1929, 11812 ;-- CL 1948, 486.11
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.12 - Mortgage Lien; Foreclosure.

486.12 Mortgage lien; foreclosure.
Sec. 12.
Such mortgage-lien created as aforesaid shall be in the nature of a mortgage on real estate, and may be foreclosed and collected the same as a mortgage is now enforced and collected in equity, and shall be subject to all laws of this state in relation to the foreclosure and satisfaction of mortgages in chancery, as near as may be. All suits commenced for the foreclosure, collection, and satisfaction of such mortgage-lien shall be in the corporate name of such association.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2756 ;-- How. 3885 ;-- CL 1897, 6778 ;-- CL 1915, 8878 ;-- CL 1929, 11813 ;-- CL 1948, 486.12
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.13 - Mortgage Lien; Commencement of Suit After 60 Days.

486.13 Mortgage lien; commencement of suit after 60 days.
Sec. 13.
Suits may be commenced for the foreclosure of such mortgage-lien at the expiration of 60 days from the time the certificate shall be recorded as mentioned in section 11 of this act.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2757 ;-- How. 3886 ;-- CL 1897, 6779 ;-- CL 1915, 8879 ;-- CL 1929, 11814 ;-- CL 1948, 486.13
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.14 - Meetings of Members of Associations; Notice, Proof of Service, Filing.

486.14 Meetings of members of associations; notice, proof of service, filing.
Sec. 14.
Meetings of the members of the association may be called by any director, and it shall be the duty of any director to call a meeting of the members of said association on the written application of 3 members thereof. In all cases other than the annual or regular meetings, notice of such meeting, and of the time and place thereof, shall be given by personal service thereof if practicable, otherwise by posting a notice of such meeting on the premises of each member not personally served, in a conspicuous place, at least 24 hours before the time of meeting, and proof of the time and manner of such service by affidavit of the person serving the same shall be made and filed with the secretary of the association.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2758 ;-- How. 3887 ;-- CL 1897, 6780 ;-- CL 1915, 8880 ;-- CL 1929, 11815 ;-- CL 1948, 486.14
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.15 - Watchman; Appointment, Duties, Compensation.

486.15 Watchman; appointment, duties, compensation.
Sec. 15.
The board of directors are also authorized, in case they deem it expedient for the safety and well-being of the property under their control, to employ a competent watchman to watch during the night to see that the canal or its appurtenances receive no injury from breaks in embankments or other causes; and they may prescribe his duties and fix his compensation, and raise means to pay the same in the manner hereinbefore provided.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1869, Act 51, Imd. Eff. Mar. 22, 1869 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2759 ;-- How. 3888 ;-- CL 1897, 6781 ;-- CL 1915, 8881 ;-- CL 1929, 11816 ;-- CL 1948, 486.15
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.16 - Contracts Made by Board of Directors.

486.16 Contracts made by board of directors.
Sec. 16.
The said board of directors shall have power to make all necessary contracts in the name of the corporation to carry out the duties imposed upon them by this act, which contract shall be signed by the president of the board, if in writing, in the corporate name thereof.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2760 ;-- How. 3889 ;-- CL 1897, 6782 ;-- CL 1915, 8882 ;-- CL 1929, 11817 ;-- CL 1948, 486.16
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.17 - Treasurer; Duties.

486.17 Treasurer; duties.
Sec. 17.
The treasurer of said board shall receive all moneys paid to him on assessment, and hold the same, to be paid out on the order of the said board, certified to the president thereof.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2761 ;-- How. 3890 ;-- CL 1897, 6783 ;-- CL 1915, 8883 ;-- CL 1929, 11818 ;-- CL 1948, 486.17
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.18 - Assessment; Recovery, Interest.

486.18 Assessment; recovery, interest.
Sec. 18.
All sums due from any person upon any assessment authorized by this act may be recovered with interest in an action of assumpsit brought in the name of the corporation, in any court of competent jurisdiction, or as provided in section 12 of this act.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2762 ;-- How. 3891 ;-- CL 1897, 6784 ;-- CL 1915, 8884 ;-- CL 1929, 11819 ;-- CL 1948, 486.18
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.19 - Disposition of Funds at Annual Meeting.

486.19 Disposition of funds at annual meeting.
Sec. 19.
At the annual meeting of the members of said association, held for the election of officers, pursuant to the by-laws thereof, the members representing the majority of interest in such water-power may by vote make disposition of all the funds shown by the report of the treasurer of the board of directors, to be made to said meeting, to be in his hands, and such funds shall be paid out as so voted by said treasurer upon the certificate of the president of said board.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2763 ;-- How. 3892 ;-- CL 1897, 6785 ;-- CL 1915, 8885 ;-- CL 1929, 11820 ;-- CL 1948, 486.19
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.20 - By-Laws of Association; Regulations, Promulgation, Publishing, Enforcement; Meetings.

486.20 By-laws of association; regulations, promulgation, publishing, enforcement; meetings.
Sec. 20.
Said association shall have power by its by-laws to regulate the use of the water transmitted through the canal under its control by the several owners thereof; to determine the absolute or average head of said water; for the measurement of the quantity to be used by the several owners thereof in proportion to their interest in the water-power furnished by said canal; and to provide for the construction and maintenance in good order of all flumes, gateways, and other structures built to draw water from said canal, and for the tightening, contracting, or enlarging of the same according to the various stages of water in said canal; and in said by-laws to provide for the manner in which the aforesaid regulations shall be made, published, and enforced; and to provide for regular meetings of the association and the time and place of holding the same.
History:
1863, Act 232, Eff. June 22, 1863 ;-- Am. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2764 ;-- How. 3893 ;-- CL 1897, 6786 ;-- CL 1915, 8886 ;-- CL 1929, 11821 ;-- CL 1948, 486.20
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.21 - Stockholder's Liability.

486.21 Stockholder's liability.
Sec. 21.
The stockholders of all corporations or associations formed under the provisions of this act, shall be individually liable for all labor performed for such corporation or association.
History:
1863, Act 232, Eff. June 22, 1863 ;-- CL 1871, 2765 ;-- How. 3894 ;-- CL 1897, 6787 ;-- CL 1915, 8887 ;-- CL 1929, 11822 ;-- CL 1948, 486.21
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 232 of 1863 - Water Power Companies (486.1 - 486.22) › Section 486.22 - Tenants in Common; Consent for Improvements and Repairs, Liability.

486.22 Tenants in common; consent for improvements and repairs, liability.
Sec. 22.
All owners of water-power afforded by any canal or its appurtenances which is under the control of any association formed under this act, who are tenants in common of the water, water-power, or easements or canal and appurtenances with the members of said association formed under this act, or the act to which this act is amendatory, shall be deemed to have consented to the making of such repairs, and improvements as are proper or necessary for the protection and preservation of such canal and its appurtenances and such as render the same generally available to the owners thereof; and it shall not be necessary in any such case in any proceedings under this act, to allege or show a previous request made to them to join in making such repairs and improvements, but they shall be respectively liable to pay their just proportion at the time and in the manner in this act provided for.
History:
Add. 1871, Act 90, Imd. Eff. Apr. 12, 1871 ;-- CL 1871, 2766 ;-- How. 3895 ;-- CL 1897, 6788 ;-- CL 1915, 8888 ;-- CL 1929, 11823 ;-- CL 1948, 486.22
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.51 - Water Power and Supply Corporations; Incorporators; Powers.

486.51 Water power and supply corporations; incorporators; powers.
Sec. 1.
That any number of persons not less than 5, may form themselves into a corporation for the purpose of excavating and constructing, maintaining, repairing and improving any canal already existing, or which they may wish to excavate and construct, with water power appurtenant thereto, and may own, use and control the same for the purpose of accumulating, storing, conducting, selling, furnishing and supplying, upon an agreed rental, water and water-power for mining, manufacturing, domestic, municipal and agricultural purposes, and may acquire, take, hold, lease and convey lands or water power, as may be necessary or convenient, for the purposes above specified, by complying with the following requirements:
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895a ;-- CL 1897, 6789 ;-- CL 1915, 8889 ;-- CL 1929, 11824 ;-- CL 1948, 486.51
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.52 - Certificate; Contents; Recording and Filing.

486.52 Certificate; contents; recording and filing.
Sec. 2.
Such persons under their hands and seals shall make a certificate which shall specify:
First, The name of the corporation;
Second, A statement of the amount of capital stock of such company, and the number of shares into which the capital stock shall be divided;
Third, The county and townships within this state in which such canal is to be excavated and constructed, and the operations of said company carried on;
Fourth, The business and object of said company in general terms;
Fifth, The names and places of residences of the stockholders, and the number of shares held by each of them respectively;
Sixth, The names of the first directors, being not more than 7, and not less than 5;
Seventh, The place in this state where their office for the transaction of business is located;
Eighth, The term of existence of such corporation, which certificate shall be acknowledged as deeds are required to be acknowledged and recorded, in the office of the clerk of the county in which the office of said company for the transaction of business is located, and a copy thereof filed in the office of the secretary of state.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895b ;-- CL 1897, 6790 ;-- CL 1915, 8890 ;-- CL 1929, 11825 ;-- CL 1948, 486.52
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.53 - Body Corporate; Governing Laws.

486.53 Body corporate; governing laws.
Sec. 3.
Upon complying with the provisions of the last preceding section such company shall be a body corporate by the name designated in said certificate, and shall be subject to and governed by all the general provisions relating to corporations embraced in chapter 130 of the Compiled Laws of the state of Michigan, now in force, so far as the same shall be applicable thereto.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895c ;-- CL 1897, 6791 ;-- CL 1915, 8891 ;-- CL 1929, 11826 ;-- CL 1948, 486.53
Compiler's Notes:
For provisions of chapter 130, referred to in this section, see MCL 450.504 et seq.
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.54 - Board of Directors; Members, Election, Qualification.

486.54 Board of directors; members, election, qualification.
Sec. 4.
The business and property of such company shall be managed and directed by a board of not less than 5 nor more than 7 directors, who shall be elected annually and at such time and place as said by-laws may direct. No person shall be a director unless he is a stockholder in the corporation.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895d ;-- CL 1897, 6792 ;-- CL 1915, 8892 ;-- CL 1929, 11827 ;-- CL 1948, 486.54
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.55 - Board of Directors; Election, Notice.

486.55 Board of directors; election, notice.
Sec. 5.
In case it shall happen that an election for directors shall not be held as provided, the said corporation shall not be for that reason dissolved, but such election shall be held on some future day to be fixed by the directors holding over, upon giving the notice therefor as in this act provided.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895e ;-- CL 1897, 6793 ;-- CL 1915, 8893 ;-- CL 1929, 11828 ;-- CL 1948, 486.55
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.56 - Board of Directors; Majority Control.

486.56 Board of directors; majority control.
Sec. 6.
A majority of the directors shall be a board for the transaction of business, and the acts of a majority of the board shall bind the corporation.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895f ;-- CL 1897, 6794 ;-- CL 1915, 8894 ;-- CL 1929, 11829 ;-- CL 1948, 486.56
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.57 - Capital Stock; Subscriptions; Increase, Procedure.

486.57 Capital stock; subscriptions; increase, procedure.
Sec. 7.
The directors of any such company may at any time receive subscriptions to stock in said company until the whole amount mentioned in their articles of association shall be subscribed, and whenever, in the judgment of the directors, it shall be necessary to increase the capital stock of any such company for the extension or more perfect completion of such proposed work, or to provide lands and buildings needful for its use, it shall be competent for such directors, with the approval or ratification of the holders of a majority of the capital stock, at any lawful meeting of the stockholders, to provide for such increase, and in all cases where such capital stock is increased, a certificate thereof shall be signed, certified and filed as hereinbefore required in the case of original articles of association.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895g ;-- CL 1897, 6795 ;-- CL 1915, 8895 ;-- CL 1929, 11830 ;-- CL 1948, 486.57
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.58 - Capital Stock; Subscriptions, Calling In; Sale, Procedure, Proceeds; Purchaser's Rights.

486.58 Capital stock; subscriptions, calling in; sale, procedure, proceeds; purchaser's rights.
Sec. 8.
The directors may call in subscriptions to the capital stock of such corporation by installments, in such portions, and at such times and places as they shall think proper, by giving notice thereof as the by-laws shall prescribe; and in case any stockholder shall neglect or refuse payment of any such installment for the space of 60 days after the same shall become due and payable, and after he shall have been notified thereof, the stock of such delinquent stockholder may be sold by the directors, at public auction, at the office of the secretary of the corporation, giving at least 30 days' notice in some newspaper published in the county: Provided, That if said stockholder shall reside in this state the stock shall be sold at the business office of said corporation, in the county in which they are doing business, giving at least 30 days' notice thereof in some newspaper published in the county. If no newspaper be published in the county in which such corporation transacts their business, then it shall be published in the newspaper in the city of Detroit, which shall have at the time the largest circulation; and the proceeds of such sale shall be at first applied in payment of the installment called for, and the expenses on the same, and the residue shall be refunded to the owner thereof; and such sale shall entitle the purchaser to all the rights of a stockholder, to the extent of the shares so bought.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895h ;-- CL 1897, 6796 ;-- CL 1915, 8896 ;-- CL 1929, 11831 ;-- CL 1948, 486.58
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.59 - Corporate Powers; Liabilities and Restrictions.

486.59 Corporate powers; liabilities and restrictions.
Sec. 9.
Every such corporation organized as hereinbefore prescribed, shall have the following powers and be subject to the liabilities and restrictions following, that is to say:
First, To cause such examination and surveys for the proposed improvements whether of dams, canals or digging or deepening of channels to be made, as may be necessary to prepare for the work to be done;
Second, To purchase and by voluntary grants and donations to receive, enter upon, take, hold and use, all such lands and real estate and other property as may be necessary for the construction, maintenance and operation of dry docks, canals and all other works proposed in the approved plans of such company, and to lease, mortgage or otherwise dispose of real or personal property;
Third, To divert into any canal excavated or constructed under the provisions of this act, water from Lake Superior or St. Mary's river to flood lands belonging to said company, subject to the consent of the board of supervisors of the proper county in which waters so diverted are situated, and to erect such docks in Lake Superior or St. Mary's river as may be necessary or convenient for the purpose of such company.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895i ;-- CL 1897, 6797 ;-- Am. 1899, Act 231, Eff. Sept. 23, 1899 ;-- CL 1915, 8897 ;-- CL 1929, 11832 ;-- CL 1948, 486.59
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.60 - Power to Construct Railroads, Telegraph and Telephone Lines; Holding of Realty.

486.60 Power to construct railroads, telegraph and telephone lines; holding of realty.
Sec. 10.
Said corporation may, in the exercise of its discretion erect along the line of its canal, or over different portions of its property, such railroads as may be necessary for connecting manufacturing establishments situated upon or connected with their premises or enjoying water privileges from them with any line of railroad or any harbor near them, and such telegraph lines or telephonic lines as may be reasonably necessary or convenient in connection therewith. Said corporation may purchase and hold such tracts of land along the line of its canal and water courses, as may reasonably be necessary or convenient for the conveying of water, storing it, and dispensing and dividing it among those who wish to purchase or lease it for any of the purposes mentioned in this act, or for the purpose of erecting manufactories or mills upon.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895j ;-- CL 1897, 6798 ;-- CL 1915, 8898 ;-- CL 1929, 11833 ;-- CL 1948, 486.60
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.61 - Furnishing and Use of Water; Rent, Collection.

486.61 Furnishing and use of water; rent, collection.
Sec. 11.
Such company may furnish water to other persons or companies for mining, manufacturing, milling, domestic, municipal, or agricultural purposes, on such rent as shall be agreed upon by and between it and those desiring to obtain it, or it may use the same for such purposes itself in any class of manufacturing purposes. It is authorized to bring suit to enforce the payment of such rent in any proper court of the county where its principal office is located.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895k ;-- CL 1897, 6799 ;-- CL 1915, 8899 ;-- CL 1929, 11834 ;-- CL 1948, 486.61
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.62 - Injury to Stream or Property; Misdemeanor, Penalty.

486.62 Injury to stream or property; misdemeanor, penalty.
Sec. 12.
If any person shall willfully obstruct any stream or waters improved under the provisions of this act or any part thereof, or shall willfully destroy or injure any buildings, piers, dams, fixtures, banks, or other constructions in use upon the same, belonging to said company, such person or persons so offending, shall for every offense, be deemed guilty of a misdemeanor, and shall be punished by a fine not exceeding 500 dollars, or by imprisonment in the county jail not more than 1 year, in the discretion of the court.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895-l ;-- CL 1897, 6800 ;-- CL 1915, 8900 ;-- CL 1929, 11835 ;-- CL 1948, 486.62
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.63 - Board of Directors; Annual Report, Contents.

486.63 Board of directors; annual report, contents.
Sec. 13.
On or before the first Monday in July in each year it shall be the duty of the directors of every company formed under this act to report to the secretary of state, under the oath of the secretary and at least 2 of the directors, the length of the stream or waters so constructed or improved, the cost of such improvements, the amount of money expended, the amount of their capital, how much of the same is paid in, and how much is expended, the whole amount of tolls or earnings expended on such improvements, the amount of money received during the previous year for tolls, and from all other sources, stating each separately, the amount set apart for repairs, the amount of dividends made, and the amount of indebtedness of such company, specifying the object for which such indebtedness accrued.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895m ;-- CL 1897, 6801 ;-- CL 1915, 8901 ;-- CL 1929, 11836 ;-- CL 1948, 486.63
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.65 - Stockholder's Liability; Recovery Prerequisites.

486.65 Stockholder's liability; recovery prerequisites.
Sec. 15.
The stockholders of every company organized in pursuance of this act shall be jointly and severally personally liable for the payment of all debts and demands against such association, which shall be contracted or which shall be or shall become due during the time of their holding such stocks for any labor or services done or performed for such company, but no stockholder shall be proceeded against for the collection of any debt or demand against such company until execution on judgment for such labor and services shall have been returned unsatisfied, or unless such association shall be dissolved.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895o ;-- CL 1897, 6803 ;-- CL 1915, 8902 ;-- CL 1929, 11837 ;-- CL 1948, 486.65
Popular Name:
Water Company Act
2023 Michigan Compiled Laws › Chapter 486 - Water and Power Companies › Act 39 of 1883 - Water Power Companies (486.51 - 486.66) › Section 486.66 - Shares Deemed Personal Property; Transfer.

486.66 Shares deemed personal property; transfer.
Sec. 16.
The shares of any company formed under this act shall be deemed personal property and may be transferred as shall be prescribed by the by-laws of such company.
History:
1883, Act 39, Imd. Eff. Apr. 21, 1883 ;-- How. 3895p ;-- CL 1897, 6804 ;-- CL 1915, 8903 ;-- CL 1929, 11838 ;-- CL 1948, 486.66
Popular Name:
Water Company Act