Michigan Compiled Laws
Act 233 of 1875 - Canal or Harbor Companies (485.1 - 485.25)
Section 485.25 - Purchasing Corporation; Powers and Duties; Log Interest; Public Rights.

Sec. 25.
When any such corporation shall have purchased any canal or other improvements, lands, or other property of any such other corporation under the provisions of section 24 of this act, the rate of tolls shall not thereafter be increased, but the corporation purchasing shall be entitled to collect the tolls established and existing at the time of such purchase, and no other additional charges shall be imposed. And when any corporation formed under the provisions of this act shall have made improvements on or at the mouth of any navigable stream, said corporation is hereby required to furnish reasonable facilities in said harbor, in, at, or near the mouth of said stream for the making up of rafts at such place and in such manner that it will be practicable to float such rafts to the lake. They shall also be required to furnish reasonable facilities for operating, tying up, or anchoring, as the case may be, such rafts, or any tugs or boats necessary to be used in making up or removing such rafts: Provided, That nothing in this act shall be construed as conferring upon the log interest any paramount rights, nor as authorizing any unnecessary interference with the rights of the public in any navigable waters, nor any unnecessary interference with the rights or privilege of the owners of the adjacent banks or shore, except as hereinbefore provided.
History: Add. 1881, Act 171, Imd. Eff. May 31, 1881 ;-- How. 3844 ;-- CL 1897, 6720 ;-- CL 1915, 8821 ;-- CL 1929, 11756 ;-- CL 1948, 485.25

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.