Section 485.116 – Tolls; Improved Streams Open to All.
485.116 Tolls; improved streams open to all. Sec. 16. Any stream improved under this act shall be open to all persons for use, upon the payment of tolls, prescribed as aforesaid for the passage of vessels, boats, logs, rafts, timber and lumber through such improved stream or waters, and uniform rates of toll shall be […]
Section 485.117 – Tolls; Collection.
485.117 Tolls; collection. Sec. 17. Whenever said tolls are prescribed as aforesaid, the directors of the corporation may collect the same by action of assumpsit from persons using such improved portions of such stream. The proceedings in such action shall be in accordance with the practice of the courts in which such action is commenced […]
Section 485.118 – Lien on Floatables; Sale, Procedure.
485.118 Lien on floatables; sale, procedure. Sec. 18. Such company shall have a lien upon all logs, rafts, timber or lumber or other floatables driven, rafted or run through such stream or waters upon which toll shall be due, for such toll, and may sell a sufficient quantity of such logs, timber or lumber, or […]
Section 485.119 – Stream to Be Kept in Repair; Forfeiture.
485.119 Stream to be kept in repair; forfeiture. Sec. 19. The board of directors of any such company shall, at all times after commencing the collection of any tolls from persons using said improved stream or waters, keep such portions of the stream or waters clear of all unnecessary obstructions, and in good condition for […]
Section 485.120 – Injury to Stream or Property; Penalty.
485.120 Injury to stream or property; penalty. Sec. 20. If any person shall wilfully obstruct any stream or waters improved under the provisions of this act, or any part thereof, or shall wilfully destroy or injure any buildings, piers, dams, fixtures, banks or other constructions in use upon the same belonging to said company, such […]
Section 485.121 – Log Jam; Power to Break, Lien for Cost.
485.121 Log jam; power to break, lien for cost. Sec. 21. If any person or persons shall put, or cause to be put, into said stream or waters, any logs, timber, or lumber, and shall not make adequate provisions and put on sufficient force for breaking jams of such logs, timber or lumber in or […]
Section 485.122 – Lien; Enforcement.
485.122 Lien; enforcement. Sec. 22. Any such corporation claiming any lien may bring an action of assumpsit against the owner of such property to determine and satisfy the amount of such lien or such corporation may waive its claim of lien and bring such action against such owner for the amount thereof. The proceedings in […]
Section 485.123 – Lien on Floatables; Owner Unknown or Without Jurisdiction of Court.
485.123 Lien on floatables; owner unknown or without jurisdiction of court. Sec. 23. If the owner of such logs, timber or other floatables, cannot be ascertained, or is without the jurisdiction of the court, the proceeding to ascertain and determine the amount of such lien may be against the property, and commenced by filing the […]
Section 485.124 – Annual Report; Contents.
485.124 Annual report; contents. Sec. 24. On or before the first Monday in January in each year it shall be the duty of the directors of every company formed under this act, to report to the secretary of state, under the oath of the secretary and 1 or more of the directors, the length of […]
Section 485.125 – Taxation.
485.125 Taxation. Sec. 25. Each and every company formed under this act, shall pay to the treasurer of the state of Michigan an annual tax at the rate of 1 per cent on the whole amount of capital paid in upon the capital stock of said company, which tax shall be estimated upon the last […]