Sec. 1.
That any number of persons, not less than 5, desiring to form a corporation for the purpose of owning, maintaining and improving lands and other property for the purposes of a summer resort or a park for ornament, recreation or amusement, in any city, village or township of this state, or of any adjoining state, may, by articles or agreement in writing, under their hands and seals, associate for such purpose under the name to be assumed by them in their articles of association: Provided, That no 2 corporations shall assume the same name.
History: 1897, Act 230, Imd. Eff. June 4, 1897 ;-- CL 1897, 7618 ;-- Am. 1899, Act 30, Imd. Eff. Mar. 30, 1899 ;-- CL 1915, 10034 ;-- CL 1929, 10304 ;-- CL 1948, 455.1
Structure Michigan Compiled Laws
Chapter 455 - Summer Resort and Park Associations
Act 230 of 1897 - Summer Resort and Park Associations (455.1 - 455.24)
Section 455.1 - Summer Resort and Park Associations; Incorporation, Purpose.
Section 455.2 - Articles of Association; Signing, Acknowledgment, Contents.
Section 455.4 - Evidence of Incorporation.
Section 455.5 - Certificates of Stock; Signing, Sealing, Right to Vote.
Section 455.6 - Annual Meeting; Notice, Failure to Hold.
Section 455.7 - Annual Report; Stockholders, Contents; Perjury.
Section 455.8 - First Meeting; Notice.
Section 455.10 - Board of Directors; Powers.
Section 455.10.amended - Board of Directors; Powers.
Section 455.11 - Board of Directors; Officers and Employees, Selection, Removal, Terms.
Section 455.12 - By-Laws and Rules; Amendment.
Section 455.13 - Books; Inspection; Stock, Transfer.
Section 455.16 - Annual Dues; Levy, Use, Payment.
Section 455.17 - Stockholders' Liability; Subrogation; Contribution.
Section 455.18 - Annual Report.
Section 455.20 - Stockholders; Map or Plat of Land; Record; Use as Evidence; Street, Public Places.
Section 455.22 - Repeal; Saving Clause; Provisions Governing Act.
Section 455.23 - Special Dues; Purpose, Time, Enforcement.
Section 455.23.amended - Special Dues; Purpose, Time, Enforcement.
Section 455.24 - Associate Members; Terms; Stock, Disposition.