Sec. 18.
The legislature may at any time alter, amend or repeal this act, and any such alteration or amendment shall act as an alteration or amendment of the corporate rights of all companies formed, created, organized or at any time doing business under its provisions; or they may annul or repeal any corporation formed under this act; but such alteration, amendment, annulling or repeal shall not, nor shall the dissolution of any such company, take away or impair any remedy given for or against any such corporation, its stockholders or officers for any right acquired or liability which shall have been previously incurred.
History: 1851, Act 59, Imd. Eff. Mar. 20, 1851 ;-- CL 1857, 2066 ;-- CL 1871, 2642 ;-- How. 3710 ;-- CL 1897, 6684 ;-- CL 1915, 8783 ;-- CL 1929, 11679 ;-- CL 1948, 484.168
Structure Michigan Compiled Laws
Chapter 484 - Telephone, Telegraph, and Radio
Act 59 of 1851 - Telegraph Companies (484.151 - 484.172)
Section 484.151 - Telegraph Companies; Incorporators.
Section 484.152 - Telegraph Companies; Certificate of Organization, Contents, Filing.
Section 484.153 - Body Corporate; Certified Copy of Certificate as Evidence.
Section 484.154 - Power to Hold Realty; Officers and Agents; Rules and By-Laws.
Section 484.155 - Telegraph Lines; Construction, Restrictions.
Section 484.156 - Aggrieved Property Owner; Remedy, Procedure.
Section 484.157 - Injury to Line; Penalty.
Section 484.158 - Stockholder's Liability for Corporate Debts; Contribution.
Section 484.159 - Annual Report; Contents; Failure to Make, Liability of Directors.
Section 484.160 - Annual Tax; in Lieu of Other State Taxes.
Section 484.161 - Shares of Stock; Status as Personalty, Transfer, Purchase in Other Corporations.
Section 484.163 - Books; Inspection, Use as Evidence; Penalty, Forfeiture.
Section 484.164 - Transmission of Dispatches; Penalty.
Section 484.165 - Transmission of Dispatches; Order of Transmission; Penalty.
Section 484.166 - Divulging Contents; Willful Failure to Transmit; Penalty, Civil Liability.
Section 484.167 - State's Lien for Taxes; Sale; Surplus.
Section 484.168 - Amendment or Repeal of Act.
Section 484.169 - Immediate Effect.
Section 484.170 - Appraisal of Damages; Lands in More Than 1 County.
Section 484.171 - Appraisal of Damages; Contiguous Lands of Same Person.
Section 484.172 - Amendment to Articles; Filing, Recording, Use of Certified Copy as Evidence.