MCL - Act 113 of 1869
AN ACT to authorize the formation of companies for the introduction of water into towns, cities and villages, in the state of Michigan.
History: 1869, Act 113, Imd. Eff. Apr. 3, 1869
| Document | Type | Description |
|---|---|---|
| Section 486.301 | Section | Waterworks in municipalities; incorporators; powers. |
| Section 486.302 | Section | Certificate; contents, filing and recording; body corporate, name. |
| Section 486.303 | Section | Corporate power to hold property. |
| Section 486.304 | Section | Capital stock; fixed amount, increase. |
| Section 486.305 | Section | Officers; election, term, powers; quorum of stockholders; right to vote. |
| Section 486.306 | Section | Corporate powers. |
| Section 486.307 | Section | Acquisition and use of lands for purposes of act; survey and map, signing, filing; right of entry. |
| Section 486.308 | Section | Condemnation proceedings. |
| Section 486.309 | Section | Stock deemed personal property; certificates of stock, transfer; report to assessing officer. |
| Section 486.310 | Section | Capital stock; subscriptions, calling in; sale, procedure, proceeds; rights of purchaser. |
| Section 486.311 | Section | Stockholder's liability; recovery prerequisites; contribution to creditor. |
| Section 486.312 | Section | Contract between municipality and company; obligations. |
| Section 486.313 | Section | Stockholders; annual and special meetings. |
| Section 486.314 | Section | Officers of company; designation, election, bonding. |
| Section 486.315 | Section | Ordinances of common council; granting use of public property; rates of compensation. |
| Section 486.316 | Section | Purchase of corporate rights and property by municipality; arbitration. |
| Section 486.317 | Section | Municipality as stockholder; issuance of bonds, interest rate limit, tax levy; certain corporations as stockholders. |
| Section 486.318 | Section | Company fully organized; qualification, powers, financial arrangements. |