Sec. 7.
Any corporation formed in pursuance of this act may erect and own such suitable edifice, building or hall as to such corporation shall seem proper, with convenient rooms for the meetings of the courts of the Independent Order of Foresters, and for that purpose may create a capital stock of not more than 10,000 dollars to be divided into shares of not more than 10 dollars each.
History: 1891, Act 136, Eff. Oct. 2, 1891 ;-- CL 1897, 8064 ;-- CL 1915, 10538 ;-- CL 1929, 10743 ;-- CL 1948, 457.537
Structure Michigan Compiled Laws
Chapter 457 - Fraternal Associations
Act 136 of 1891 - Independent Order of Foresters (457.531 - 457.538)
Section 457.531 - Independent Order of Foresters; Incorporation.
Section 457.532 - High Court; Incorporators; Articles of Association, Execution, Contents.
Section 457.534 - Evidence of Existence and Incorporation.
Section 457.535 - Subordinate Courts; Chartering; Existing Courts, Regulation.
Section 457.537 - Erection of Building; Capital Stock, Creation, Shares.