485.1 Canal or harbor company; incorporators, procedure; articles, contents. Sec. 1. Any number of persons, not less than 3, may be formed into a corporation for the purpose of constructing a canal or harbor, or improving the navigation of any river or stream in the upper peninsula and in Branch and Macomb counties, by dredging […]
485.10 Condemnation; procedure; use of property. Sec. 10. Whenever said company shall desire to enter upon, use, or occupy any lands, or condemn any franchises or right to the use of running water, when no agreement can be made with the owners thereof, the like proceedings shall be had and taken as is provided in […]
485.11 Tolls and charges; establishment, lien, evidence. Sec. 11. Any such company shall be authorized to charge, demand, and receive such rates of toll for the use of said canal or harbor, or for the use of any river or stream of this state, improved by said company, or for any dock, wharf, or other […]
485.12 Injury to property; violation of regulation; liability for damages, lien. Sec. 12. If any person shall willfully obstruct, or in anywise injure any such canal, harbor, or improvements, or any dock, wharf, or other fixture connected therewith, or shall violate any rule or regulation established by said company, such person, or [such] boat or […]
485.13 Repair of bridges. Sec. 13. Whenever any canal shall cross any highway, the company shall make and keep in good repair such bridges as the board of supervisors of the county in which such canal is located shall direct. History: 1875, Act 233, Imd. Eff. May 4, 1875 ;– How. 3832 ;– CL 1897, […]
485.14 Stockholder’s liability; recovery prerequisites; subrogation; contribution. Sec. 14. The stockholders of said companies incorporated under this act, shall be jointly and severally liable for all labor performed for such company; but no suit shall be brought against any individual stockholder for any debt of said company until judgment on the demand shall have been […]
485.15 Avoidance of payment of toll; penalty. Sec. 15. Any boat, vessel, raft, or craft which shall willfully pass through said canal or said improvement without paying the toll required, shall be liable to pay to said company the sum of 100 dollars, to be collected by proceeding against said boat or against the owners […]
485.16 Amendment or repeal. Sec. 16. The legislature shall, at all times hereafter, have the free right to alter, amend or repeal this act. History: 1875, Act 233, Imd. Eff. May 4, 1875 ;– How. 3835 ;– CL 1897, 6711 ;– CL 1915, 8812 ;– CL 1929, 11747 ;– CL 1948, 485.16
485.17 Taxation. Sec. 17. All corporations formed or existing under this act shall be liable to be assessed for all real and personal estate held by them in this state, as provided by law for the assessment of other real and personal estate, and shall pay thereon a tax for township, village, city, county, state […]
485.18 Existing corporation; organization under act, preference in subscription. Sec. 18. Any person or private association or corporation in the upper peninsula and Branch and Macomb counties, who have previous to the passage of this re-enacted and amended act, constructed any canal or harbor, or have improved the navigation of any river or stream in […]
485.19 Failure to furnish cargo statement; penalty. Sec. 19. In case the master or clerk of any boat or vessel shall neglect or refuse to furnish the statement as required by section 11 of this re-enacted and amended act, he shall be liable to a fine not exceeding 100 dollars, to be sued for and […]
485.2 Articles; signing, filing; powers of company. Sec. 2. Each subscriber to such articles of association shall subscribe thereto his name and place of residence, and the number of shares of stock taken by him. The said articles shall be filed in the office of the secretary of state, and thereupon the persons who have […]
485.20 Bonds; issuance, restrictions. Sec. 20. Any company organized under this act may borrow money, and issue bonds for the payment of the same, for the purpose of providing means for repairing, altering, or enlarging said improvements: Provided, however, That the amount so raised shall not at any one time exceed in amount 50 per […]
485.21 Canal or improvement, purchase by county; procedure; operation; sale to United States. Sec. 21. Any county through which any such improved river or stream shall pass, or in which the greater part of any such improvements have been constructed, or which any canal shall have been constructed, within the provisions of this act, shall […]
485.22 Canal or improvement, purchase by county; procedure; submission to electors; bonds, issuance. Sec. 22. The board of supervisors of any such county may at any time, by a majority vote, submit the question of purchasing any such canal, harbor or improvement, to the electors of said county; and if a majority of the electors […]
485.23 Re-instated corporations. Sec. 23. The corporations heretofore formed under said chapter 84 in the upper peninsula and in Branch and Macomb counties, are herein re-instated in all their rights, privileges, franchise, and property. History: 1875, Act 233, Imd. Eff. May 4, 1875 ;– Am. 1879, Act 39, Imd. Eff. Apr. 18, 1879 ;– How. […]
485.24 Re-instated corporations; formation of companies to purchase and operate. Sec. 24. Corporations may be formed under this act in the upper peninsula and Branch and Macomb counties for the purpose of operating and further improving any canal or improvement in the upper peninsula and Branch and Macomb counties, of any corporation formed under the […]
485.25 Purchasing corporation; powers and duties; log interest; public rights. Sec. 25. When any such corporation shall have purchased any canal or other improvements, lands, or other property of any such other corporation under the provisions of section 24 of this act, the rate of tolls shall not thereafter be increased, but the corporation purchasing […]
485.3 Articles; filing, prerequisites; vote of stockholder. Sec. 3. Such articles of agreement shall not be filed in the office of the secretary of state until 5 per cent of the capital subscribed shall have been paid to the directors named in the articles, nor until there is endorsed on said articles, or annexed thereto, […]
485.4 Articles; certified copy as evidence. Sec. 4. A copy of said articles, filed in pursuance of this act, certified by the secretary of state to be a true copy, and of the whole thereof, shall be in all courts and places presumptive evidence of the incorporation of such company and of the facts therein […]