[No. 126.] AN ACT to amend act number seventy of the public acts of eighteen hundred eighty-one, entitled "An act to authorize the formation of electric light companies," and to amend the title of said act, the same being sections seven thousand one hundred thirty-two to seven thousand one hundred forty-five, inclusive, by inserting a new section in said act to stand as section eleven-a. The People of the State of Michigan enact: SECTION 1. Act number seventy of the public acts of eight. Act amended. een hundred eighty-one, entitled "An act to authorize the formation of electric light companies," being sections seven thousand one hundred thirty-two to seven thousand one hundred forty-five, inclusive, of the Compiled Laws of eighteen hundred ninety-seven, is hereby amended in its title and by the insertion of a new section in said act to stand as section eleven-a, and to read as follows: steam heat. SEC. 11a. Every corporation organized under the pro- May sell, etc., visions of this act shall have full power to produce, generate, furnish and sell steam for steam heating as the same may be desired in any city, town or village where such corporation carries on its business, for the purpose of heating public and private buildings for hire, and shall have the power to lay, construct and maintain conductors for conducting such steam and heat in and through the streets, alleys, lands and squares of any such city, town or village, with the consent of such city, town or village, and under such reasonable regulations as the municipal authorities thereof may prescribe. SEC. 2. The title to act number seventy of the public acts Title of eighteen hundred eighty-one, entitled "An act to authorize amended the formation of electric light companies" is hereby amended to be and to read, "An act to authorize the formation of corporations for the purpose of producing and selling electricity, electric light, electric power and electric heat, and to authorize and empower such corporations to produce and sell steam for the purpose of heating, and to define the duties and powers of such corporations." Approved May 20, 1903. Act amended. When may provide for How used. [No. 127.] AN ACT to amend an act, entitled "An act to provide for the formation of corporations for the purpose of owning, maintaining and improving lands and other property kept for the purposes of summer resorts or for ornament. recreation or amusement, and to repeal all laws or parts of laws in conflict herewith," approved June fourth, eighteen hundred ninety-seven, being sections seven thousand six hundred eighteen seven thousand six hundred thirty-eight, inclusive, of the Compiled Laws of eighteen hundred ninety-seven, by adding two new sections thereto to be known as section twenty-three and twenty-four. The People of the State of Michigan enact: SECTION 1. An act, entitled "An act to provide for the forma tion of corporations for the purpose of owning, maintaining and improving lands and other property kept for the purposes of summer resorts or for ornament, recreation or amusement, and to repeal all laws or parts of laws in conflict herewith," approved June fourth, eighteen hundred ninety-seven, being sections seven thousand six hundred eighteen to seven thousand six hundred thirty-eight, inclusive of the Compiled Laws of eighteen hundred ninety-seven, is hereby amended, by adding two new sections thereto to be known as sections twenty-three and twenty-four, which sections shall read as follows: SEC. 23. It shall be lawful for the stockholders at a special special dues. meeting called for that purpose by a vote of two-thirds of all the capital stock, to authorize the board of directors to provide for special dues additional to those provided for in section sixteen, not exceeding twenty-five dollars per share in any one year, and such special dues shall be used only for the purpose of paying any existing indebtedness of said corporation or for improving and bettering the lands and property of said corporation, or for improving the sanitary condition thereof, providing protection from loss or damage by fire or water, or erecting, purchasing or maintaining any hotel, club house or other building for the entertainment, comfort or convenience of said corporation, and its stockholders, and any resolution adopted by said stockholders' meeting for such purpose shall determine the purpose for which such special dues shall be expended and the period of time during which they may be levied. The payment of dues authorized under the provisions of this section may be enforced by said corporation in the same manner as is provided in section sixteen for the enforcement of the annual dues. May provide for associate members. SEC. 24. It shall be lawful for the stockholders of any such corporation, either at the time the articles shall be executed, or at any subsequent period, by a vote of two-thirds of the capital stock, to provide the terms upon which persons may become associate members of the organization, with or without being stockholders therein, and also to provide for the limita- This act is ordered to take immediate effect. [No. 128.] AN ACT making appropriations for the Michigan Pioneer and Historical Society for the fiscal years ending June thirty, nineteen hundred four, and June thirty, nineteen hundred five, and to provide a tax to meet the same. The People of the State of Michigan enact: tion. SECTION 1. There is hereby appropriated from the general Appropriafund to the Michigan Pioneer and Historical Society the sum of three thousand three hundred and seventy dollars for each of the fiscal years ending June thirty, nineteen hundred four, and nineteen hundred five, to be used, in the discretion of the How used. executive committee of said society, in collecting, arranging and preserving a library of books, pamphlets, maps, charts, manuscripts, papers, paintings, statuary, and other materials illustrative of and relating to the history of Michigan; to rescue from oblivion the memory of its early pioneers; to procure and preserve narratives of their early exploits, perils, privations, hardy adventures, and noble achievements; and also in collecting materials of every description, relative to the history, genius, progress or decay of our Indian tribes; to exhibit faithfully the past and present resources of Michigan, and for the publication of additional volumes of historical and other material relative to and illustrative of the history of the State. Said Michigan Pioneer and Historical Society shall collect, arrange and prepare the materials for said volumes for printing, which shall be printed by the State printer under the direction and superintendence of said society, the cost of said printing to be paid out of the above appropriation, which volumes, of not more than two thousand five hundred copies each, and containing not more than seven hundred fifty pages each, shall be printed and published in the kind of type, quality of paper and style of binding and printing as those heretofore published by said society. how distrib SEC. 2. The State Librarian shall be the custodian of the Publications, publications of the society, and shall exchange with the pioneer uted, etc. and historical societies of domestic and foreign states and gov ernments. The State Librarian shall distribute one copy of each volume to each of the public libraries and grange libraries in the State of Michigan, when authoritatively and officially requested so to do by legally elected officers, or other legally constituted managers of said public and grange libraries. The remainder of said copies of said volumes shall be delivered to and Appropriation how paid. To reprint certain volumes. Expenses limited. Appropriation to be incorpo tax. be in the custody and care of the State Librarian, to be sold by said librarian at a price not less than seventy-five cents per copy, and the moneys arising from such sales shall be deposited in the State Treasury to the credit of the general fund. SEC. 3. The several sums appropriated by the provisions of this act shall be paid out of the general fund in the State treasury to the treasurer of the Michigan Pioneer and Historical Society, at such times and in such amounts as the general accounting laws of the State prescribe, and the disbursing officer shall render his accounts to the Auditor General thereunder. SEC. 4. The Michigan Pioneer and Historical Society shall also cause to be reprinted and bound not to exceed one thousand copies of volumes three, five and seven of this series of books, the same to be paid for by the Board of State Auditors, said books to be disposed of in all respects as the rest of said series is disposed of. The cost of such printing and binding shall not exceed that paid per volume for the current volume. SEC. 5. No part of the sums hereby appropriated shall be paid for the services rendered by its officers to the society while in the discharge of their official duties, and the amount expended in any one year for the expenses of members at board meetings shall not exceed one hundred dollars. The amount expended for clerk hire shall be limited to one thousand dollars, for postage and supplies, one hundred dollars, and for expenses of the annual meeting, one hundred dollars. SEC. 6. The Auditor General shall add to and incorporate rated in state in the State tax for the year nineteen hundred three the sum of three thousand three hundred and seventy dollars and for the year nineteen hundred four, the sum of three thousand three hundred and seventy dollars, which, when collected, shall be credited to the general fund to reimburse the same for the money hereby appropriated. This act is ordered to take immediate effect. Sections amended. [No. 129.] AN ACT to amend sections two and five of chapter seventytwo of the Revised Statutes of eighteen hundred forty-six, and the several acts amendatory thereto, entitled "Of the payment of debts and legacies of deceased persons," being sections two and five of chapter two hundred fifty-two of the Compiled Laws of eighteen hundred ninety-seven. The People of the State of Michigan enact: SECTION 1. Sections two and five of chapter seventy-two of the Revised Statutes of eighteen hundred forty-six and the several acts amendatory thereto, entitled "Of the payment of debts and legacies of deceased persons," being sections two and five of chapter two hundred fifty-two of the Compiled Laws of eighteen hundred ninety-seven, are hereby amended so as to read as follows: meetings of ers. SEC. 2. When such commissioners shall be appointed, it Notice of shall be their duty to appoint convenient times and places commissionwhen and where they will meet, for the purpose of examining and allowing the claims; and within thirty days after their appointment, they shall give notice of the times and places of their meeting, and of the time limited for creditors to present their claims, by posting a notice thereof in three public places in the same county, and by publishing the same at least three weeks successively in some newspaper printed in the same county if there is a newspaper published therein and otherwise in some newspaper in an adjoining county, or in any other manner which the court may direct. to present SEC. 5. The probate court shall allow such time as the cir- Time in which cumstances of the case shall require for the creditors to pre- claims. sent their claims to the commissioners for examination and allowance, which time shall not in the first instance exceed one year nor be less than four months; and the time allowed shall be stated in the commission. Approved May 20, 1903. [No. 130.] AN ACT to authorize the formation of corporations for the purpose of buying, selling, exchanging, improving and dealing in all kinds of real estate. The People of the State of Michigan enact: organize. SECTION 1. Any number of persons not less than three may Number may form themselves into a corporation for the purpose of buying, selling, exchanging, improving and dealing in all kinds of real estate by complying with the following requirements: SEC. 2. Such persons under their hands and seals shall To make cermake 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 business and object of such company in general terms; Fourth, The place in this State where the office for transaction of business is located; Fifth, The designation of the general officers and number of directors, which shall not be less than three; Sixth, The term of existence of such corporation, not to exceed thirty years. tificate, what to specify. |