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Michigan Legislature
Michigan Compiled Laws Complete Through PA 178 of 2019
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Act 54 of 1903
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Act 54 of 1903

AN ACT to authorize any gas light company and any consolidated company formed by the union of a street railway and electric light company, being corporations organized under the laws of this state, and having their principal place of business in the same town, village or city, to unite and consolidate with any corporation organized under the laws of an adjoining state, and which, under and by virtue of the rights, powers and franchises possessed and enjoyed by it under the laws of such adjoining state, owns and operates a street railway therein and also manufactures, produces, generates, sells and furnishes gas and electricity for heating, lighting and power purposes, where the street railway lines of the 2 corporations last mentioned shall form a connecting and continuous line of railway between this state and such adjoining state.

History: 1903, Act 54, Imd. Eff. Apr. 23, 1903

© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

Section 473.61SectionConsolidation of gas light, consolidated and foreign companies; restriction.
Section 473.62SectionConsolidation agreement; contents.
Section 473.63SectionConsolidation agreement; ratification by stockholders.
Section 473.64SectionCompletion of consolidation; evidence.
Section 473.65SectionConsolidated company; rights, powers and duties.
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