MCL - Act 149 of 1869


RIVER IMPROVEMENT COMPANIES

Act 149 of 1869

AN ACT to authorize the formation of corporations for the purpose of improving the navigation of rivers.


History: 1869, Act 149, Imd. Eff. Apr. 5, 1869




The People of the State of Michigan enact:
Document Type Description
Section 485.101 Section Corporations to improve on rivers; formation; tolls.
Section 485.102 Section Corporations to improve on rivers; certificate, contents, acknowledgment, recording, filing.
Section 485.103 Section Body corporate; powers; governing law.
Section 485.104 Section Improvement of streams; consent of governor and attorney general.
Section 485.105 Section Map or plan; application for approval; hearing, procedure, approval; alteration of plan.
Section 485.106 Section Directors; powers, election, term, vacancy, qualification.
Section 485.107 Section Directors; calling of election.
Section 485.108 Section Directors; majority control.
Section 485.109 Section Directors; president; treasurer; selection, vacancy.
Section 485.110 Section President and directors; powers.
Section 485.111 Section Subscriptions; increase in capital stock, certificate, filing.
Section 485.112 Section Subscriptions; calling in; sale, procedure, purchaser's rights.
Section 485.113 Section Corporate powers.
Section 485.114 Section Tolls; forfeiture of right to collect.
Section 485.115 Section Tolls; power of board to fix; jurisdiction of corporation; annual statement, contents.
Section 485.116 Section Tolls; improved streams open to all.
Section 485.117 Section Tolls; collection.
Section 485.118 Section Lien on floatables; sale, procedure.
Section 485.119 Section Stream to be kept in repair; forfeiture.
Section 485.120 Section Injury to stream or property; penalty.
Section 485.121 Section Log jam; power to break, lien for cost.
Section 485.122 Section Lien; enforcement.
Section 485.123 Section Lien on floatables; owner unknown or without jurisdiction of court.
Section 485.124 Section Annual report; contents.
Section 485.125 Section Taxation.
Section 485.126 Section Stockholder's liability; recovery prerequisites.
Section 485.127 Section Shares deemed personalty; transfer.
Section 485.129 Section Governing laws.