Michigan Compiled Laws
Act 41 of 1877 - St. Andrew's Societies (457.21 - 457.27)
Section 457.26 - Erection of Buildings; Capital Stock, Creation, Shares.

Sec. 6.
Any corporation formed in pursuance of this act may erect and own such suitable edifices, buildings, or halls as such corporation shall deem necessary, with convenient rooms for the meetings of said society, and for that purpose may create a capital stock of not more than 60,000 dollars to be divided into shares of not more than 25 dollars each.
History: 1877, Act 41, Imd. Eff. Mar. 30, 1877 ;-- How. 4532 ;-- CL 1897, 7816 ;-- CL 1915, 10252 ;-- CL 1929, 10542 ;-- CL 1948, 457.26

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 457 - Fraternal Associations

Act 41 of 1877 - St. Andrew's Societies (457.21 - 457.27)

Section 457.21 - St. Andrew's Societies; Incorporators.

Section 457.22 - Articles of Association; Execution, Contents.

Section 457.23 - Filing Copy of Articles of Association With Department of Commerce; Signers of Articles, Associates, and Successors as Body Politic and Corporate; Powers; Evidence of Existence and Incorporation.

Section 457.24 - Property; Holding, Disposition.

Section 457.25 - By-Laws and Rules; Officers, Powers.

Section 457.26 - Erection of Buildings; Capital Stock, Creation, Shares.

Section 457.27 - Governing Law; Amendment of Act.