457.1 St. George’s societies; incorporators. Sec. 1. That any number of persons of English birth, who may now or hereafter be residents of this state, or the descendants of such persons in the first or second degree, may be incorporated in pursuance of the provision of this act. History: 1871, Act 134, Imd. Eff. Apr. […]
457.2 Articles of association; execution, contents. Sec. 2. Any 10 or more persons residents of this state, being of English birth, or their descendants as aforesaid, desiring to become incorporated, may make and execute articles of association under their hands and seals, which said articles of association shall be acknowledged before some officer of this […]
457.3 Filing copy of articles with department of commerce; signers of articles, associates, and successors as body politic and corporate; powers; evidence of existence and incorporation. Sec. 3. A copy of said articles of association shall be filed with the corporation and securities bureau of the department of commerce, and thereupon the persons who shall […]
457.4 Property; holding, disposition. Sec. 4. Every corporation formed in pursuance of this act shall be capable in its corporate name, of purchasing, taking, receiving, holding and enjoying to itself estates both real and personal: Provided, That the value of such real and personal estate shall not exceed the sum of 100,000 dollars, and that […]
457.5 By-laws and rules; officers, powers. Sec. 5. Said corporations shall have full power and authority to make and establish rules, regulations and by-laws for regulating and governing all the affairs and business of said corporations, not contrary to the laws of this state and the United States and to designate, elect, or appoint from […]
457.6 Erection of buildings; capital stock, creation, shares. Sec. 6. Any corporations formed in pursuance of this act may erect and own such suitable edifices, buildings or halls as such corporation shall deem necessary, with convenient rooms, for the meeting of said society, and for that purpose may create a capital stock of not more […]
457.7 Governing law; amendment of act. Sec. 7. All corporations formed under the provisions of this act shall be subject to the provisions of chapter 73 of the Compiled Laws of this state, so far as the same may be applicable to corporations formed under this act, and the legislature may alter or amend this […]
