Michigan Compiled Laws
Chapter 486 - Water and Power Companies
Act 113 of 1869 - Waterworks (486.301 - 486.318)

Section 486.301 - Waterworks in Municipalities; Incorporators; Powers. - Sec. 1. That whenever the common council of any city...

Section 486.302 - Certificate; Contents, Filing and Recording; Body Corporate, Name. - Sec. 2. Any number of persons not less than 5,...

Section 486.303 - Corporate Power to Hold Property. - Sec. 3. Every such corporation shall, by their name, have...

Section 486.304 - Capital Stock; Fixed Amount, Increase. - Sec. 4. The amount of capital stock in every such...

Section 486.305 - Officers; Election, Term, Powers; Quorum of Stockholders; Right to Vote. - Sec. 5. The officers shall be elected by the stockholders...

Section 486.306 - Corporate Powers. - Sec. 6. Any corporation formed under this act shall have...

Section 486.307 - Acquisition and Use of Lands for Purposes of Act; Survey and Map, Signing, Filing; Right of Entry. - Sec. 7. Before entering, taking or using any lands for...

Section 486.308 - Condemnation Proceedings. - Sec. 8. In case said company cannot agree with the...

Section 486.309 - Stock Deemed Personal Property; Certificates of Stock, Transfer; Report to Assessing Officer. - Sec. 9. The stock of every such corporation shall be...

Section 486.310 - Capital Stock; Subscriptions, Calling In; Sale, Procedure, Proceeds; Rights of Purchaser. - Sec. 10. The directors may call in subscriptions to the...

Section 486.311 - Stockholder's Liability; Recovery Prerequisites; Contribution to Creditor. - Sec. 11. The stockholders of all corporations organized under this...

Section 486.312 - Contract Between Municipality and Company; Obligations. - Sec. 12. It shall and may be lawful for the...

Section 486.313 - Stockholders; Annual and Special Meetings. - Sec. 13. There shall be an annual meeting of the...

Section 486.314 - Officers of Company; Designation, Election, Bonding. - Sec. 14. The officers of such company shall be a...

Section 486.315 - Ordinances of Common Council; Granting Use of Public Property; Rates of Compensation. - Sec. 15. Whenever any such company shall have been duly...

Section 486.316 - Purchase of Corporate Rights and Property by Municipality; Arbitration. - Sec. 16. From and after the expiration of 25 years...

Section 486.317 - Municipality as Stockholder; Issuance of Bonds, Interest Rate Limit, Tax Levy; Certain Corporations as Stockholders. - Sec. 17. Any such city, town or village may become...

Section 486.318 - Company Fully Organized; Qualification, Powers, Financial Arrangements. - Sec. 18. Any such company shall be deemed to be...