Sec. 1.
Any number of persons, not less than 5, who shall desire to form a corporation for the purpose of acquiring, owning, controlling, maintaining and improving lands for the purposes of parks, playgrounds, drives and boulevards, or any 1 or more such purposes, and holding the same in trust for any 1 or more municipal corporations of this state, may, by articles of agreement in writing under their hands and seals, associate for such purposes under a name to be assumed by them in their articles of association: Provided, That no 2 corporations shall assume the same name.
History: 1911, Act 161, Eff. Aug. 1, 1911 ;-- CL 1915, 10130 ;-- CL 1929, 10388 ;-- CL 1948, 455.301
Structure Michigan Compiled Laws
Chapter 455 - Summer Resort and Park Associations
Act 161 of 1911 - Parks, Playgrounds, Drives, and Boulevards (455.301 - 455.313)
Section 455.301 - Parks, Playgrounds, Drives and Boulevards; Incorporation, Purpose.
Section 455.302 - Articles of Association; Acknowledgment, Contents.
Section 455.303 - Filing Articles of Association With Department of Commerce.
Section 455.304 - Body Corporate; Powers.
Section 455.305 - Corporation; Shares of Stock; Directors, Election, Terms, Powers.
Section 455.307 - Corporation; Powers; Condemnation.
Section 455.308 - Municipal Corporation; Transfer of Realty, Revocation.
Section 455.309 - Municipal Corporation; Aid.
Section 455.310 - Lands Held in Trust; Free Access, Tax Exemption.
Section 455.311 - Trustees; Court Appointment.