Michigan Compiled Laws
Chapter 486 - Water and Power Companies
Act 232 of 1863 - Water Power Companies (486.1 - 486.22)

Section 486.1 - Water Power Companies; Incorporators; Notice of Formation; Articles of Association, Contents. - Sec. 1. That any number of persons, not less than...

Section 486.2 - Articles of Association; Signing, Filing, Evidence; Body Corporate, Powers. - Sec. 2. Each subscriber to such articles of association shall...

Section 486.3 - Board of Directors; Annual Election, Notice; Officers, Treasurer's Bond; Vacancy. - Sec. 3. The business of said company shall be under...

Section 486.4 - Membership in Association; Procedure, Rights. - Sec. 4. Any person owning any interest in the canal...

Section 486.5 - Repairs; Permanent Improvements, Approval of Members; Expense. - Sec. 5. When the canal or any of its appurtenances...

Section 486.6 - Repairs; Statement, Filing, Contents. - Sec. 6. Whenever the board of directors shall make any...

Section 486.7 - Assessment for Repairs or Improvements. - Sec. 7. For the purpose of defraying the expenses of...

Section 486.8 - Assessment; Collection; Non-Payment, Use of Water Prohibited. - Sec. 8. The said assessment shall then be delivered to...

Section 486.9 - Assessment; Notice to Non-Resident. - Sec. 9. In case any person upon whom an assessment...

Section 486.10 - Assessment; Mortgage Lien; Preference. - Sec. 10. All assessments made under the provisions of this...

Section 486.11 - Mortgage Lien; Certificate, Contents, Recording. - Sec. 11. After such mortgage-lien shall have attached to such...

Section 486.12 - Mortgage Lien; Foreclosure. - Sec. 12. Such mortgage-lien created as aforesaid shall be in...

Section 486.13 - Mortgage Lien; Commencement of Suit After 60 Days. - Sec. 13. Suits may be commenced for the foreclosure of...

Section 486.14 - Meetings of Members of Associations; Notice, Proof of Service, Filing. - Sec. 14. Meetings of the members of the association may...

Section 486.15 - Watchman; Appointment, Duties, Compensation. - Sec. 15. The board of directors are also authorized, in...

Section 486.16 - Contracts Made by Board of Directors. - Sec. 16. The said board of directors shall have power...

Section 486.17 - Treasurer; Duties. - Sec. 17. The treasurer of said board shall receive all...

Section 486.18 - Assessment; Recovery, Interest. - Sec. 18. All sums due from any person upon any...

Section 486.19 - Disposition of Funds at Annual Meeting. - Sec. 19. At the annual meeting of the members of...

Section 486.20 - By-Laws of Association; Regulations, Promulgation, Publishing, Enforcement; Meetings. - Sec. 20. Said association shall have power by its by-laws...

Section 486.21 - Stockholder's Liability. - Sec. 21. The stockholders of all corporations or associations formed...

Section 486.22 - Tenants in Common; Consent for Improvements and Repairs, Liability. - Sec. 22. All owners of water-power afforded by any canal...