Michigan Compiled Laws
Act 233 of 1875 - Canal or Harbor Companies (485.1 - 485.25)
Section 485.22 - Canal or Improvement, Purchase by County; Procedure; Submission to Electors; Bonds, Issuance.

Sec. 22.
The board of supervisors of any such county may at any time, by a majority vote, submit the question of purchasing any such canal, harbor or improvement, to the electors of said county; and if a majority of the electors shall decide to purchase any such canal, harbor or improvement, then the board of supervisors shall be authorized to purchase the same, and may, for that purpose, issue the bonds of said county to an amount sufficient to make such purchase: Provided, That if the property and franchises of any corporation, organized under the provisions of this act, shall be conveyed to the United States, as provided in section 21 of this act, then in such case the provisions of section shall not be operative.
History: 1875, Act 233, Imd. Eff. May 4, 1875 ;-- Am. 1879, Act 216, Eff. Aug. 30, 1879 ;-- How. 3841 ;-- CL 1897, 6717 ;-- CL 1915, 8818 ;-- CL 1929, 11753 ;-- CL 1948, 485.22

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 485 - Canal, Harbor, and River Improvement Companies

Act 233 of 1875 - Canal or Harbor Companies (485.1 - 485.25)

Section 485.1 - Canal or Harbor Company; Incorporators, Procedure; Articles, Contents.

Section 485.2 - Articles; Signing, Filing; Powers of Company.

Section 485.3 - Articles; Filing, Prerequisites; Vote of Stockholder.

Section 485.4 - Articles; Certified Copy as Evidence.

Section 485.5 - Directors; Number, Election, Term, Vacancy.

Section 485.6 - Directors; Quorum; Selection of Officers.

Section 485.7 - President and Directors; Powers; Annual Report, Contents.

Section 485.8 - Construction of Route; Restrictions.

Section 485.9 - Real Estate; Power to Hold.

Section 485.10 - Condemnation; Procedure; Use of Property.

Section 485.11 - Tolls and Charges; Establishment, Lien, Evidence.

Section 485.12 - Injury to Property; Violation of Regulation; Liability for Damages, Lien.

Section 485.13 - Repair of Bridges.

Section 485.14 - Stockholder's Liability; Recovery Prerequisites; Subrogation; Contribution.

Section 485.15 - Avoidance of Payment of Toll; Penalty.

Section 485.16 - Amendment or Repeal.

Section 485.17 - Taxation.

Section 485.18 - Existing Corporation; Organization Under Act, Preference in Subscription.

Section 485.19 - Failure to Furnish Cargo Statement; Penalty.

Section 485.20 - Bonds; Issuance, Restrictions.

Section 485.21 - Canal or Improvement, Purchase by County; Procedure; Operation; Sale to United States.

Section 485.22 - Canal or Improvement, Purchase by County; Procedure; Submission to Electors; Bonds, Issuance.

Section 485.23 - Re-Instated Corporations.

Section 485.24 - Re-Instated Corporations; Formation of Companies to Purchase and Operate.

Section 485.25 - Purchasing Corporation; Powers and Duties; Log Interest; Public Rights.