Sec. 3.
When such proprietors shall be organized as a corporation in the manner hereinbefore provided, they shall have all the powers and privileges, and be subject to all the duties of a corporation, according to the provisions of chapter 55, so far as such provisions shall be applicable in such case, and not inconsistent with the provisions of this chapter.
History: R.S. 1846, Ch. 53 ;-- CL 1857, 1784 ;-- CL 1871, 3148 ;-- How. 4409 ;-- CL 1897, 8166 ;-- CL 1915, 10685 ;-- CL 1929, 10178 ;-- CL 1948, 450.693 Compiler's Notes: For provisions of chapter 55, referred to in this section, see MCL 450.504 et seq.
Structure Michigan Compiled Laws
R.S. of 1846 - Revised Statutes of 1846 (450.691 - 450.696)
R-S-1846-450-691-53 - Chapter 53 Chapter 53. of Libraries and Lyceums. (450.691...450.696)
R-S-1846-450-691-53-LIBRARIES-AND-LYCEUMS. - Libraries and Lyceums. (450.691...450.696)
Section 450.691 - Incorporation of Library by Proprietors; Meeting; Notice.
Section 450.692 - Libraries; Proprietors; Powers; Proceedings, Certificate; Recording.
Section 450.693 - Libraries; Powers of Corporation; Governing Law.
Section 450.694 - Libraries; Collector and Treasurer, Bond.
Section 450.695 - Libraries; Shares, Assessment and Transfer; Holding of Property.
R-S-1846-450-691-53-LIBRARIES-AND-LYCEUMS-OF-LYCEUMS. - Of Lyceums. (450.696...450.696)