Michigan Compiled Laws
Act 113 of 1869 - Waterworks (486.301 - 486.318)
Section 486.308 - Condemnation Proceedings.

Sec. 8.
In case said company cannot agree with the owners or occupants of any lands or water, intended to be taken or used as aforesaid, for the purchase thereof, said company may, for the purpose of acquiring the necessary title and right to said lands or water, present a petition to the circuit court of the county where the company is located, at any term thereof, or during the vacation of the term, to any judge of a court or record, praying for the appointment of 3 commissioners; and such proceedings shall be had upon said petition as are prescribed in the act to provide for the incorporation of railroad companies, being chapter 67 of the Compiled Laws, for the purpose of acquiring such title or right, except that the said circuit court or judge shall appoint disinterested and competent freeholders residing in the township or municipality where the said premises are situated.
History: 1869, Act 113, Imd. Eff. Apr. 3, 1869 ;-- CL 1871, 3362 ;-- How. 3117 ;-- CL 1897, 8507 ;-- CL 1915, 11289 ;-- CL 1929, 11882 ;-- CL 1948, 486.308 Compiler's Notes: Chapter 67, referred to in this section, was repealed by Act 198 of 1873. See now MCL 463.1 et seq.

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 486 - Water and Power Companies

Act 113 of 1869 - Waterworks (486.301 - 486.318)

Section 486.301 - Waterworks in Municipalities; Incorporators; Powers.

Section 486.302 - Certificate; Contents, Filing and Recording; Body Corporate, Name.

Section 486.303 - Corporate Power to Hold Property.

Section 486.304 - Capital Stock; Fixed Amount, Increase.

Section 486.305 - Officers; Election, Term, Powers; Quorum of Stockholders; Right to Vote.

Section 486.306 - Corporate Powers.

Section 486.307 - Acquisition and Use of Lands for Purposes of Act; Survey and Map, Signing, Filing; Right of Entry.

Section 486.308 - Condemnation Proceedings.

Section 486.309 - Stock Deemed Personal Property; Certificates of Stock, Transfer; Report to Assessing Officer.

Section 486.310 - Capital Stock; Subscriptions, Calling In; Sale, Procedure, Proceeds; Rights of Purchaser.

Section 486.311 - Stockholder's Liability; Recovery Prerequisites; Contribution to Creditor.

Section 486.312 - Contract Between Municipality and Company; Obligations.

Section 486.313 - Stockholders; Annual and Special Meetings.

Section 486.314 - Officers of Company; Designation, Election, Bonding.

Section 486.315 - Ordinances of Common Council; Granting Use of Public Property; Rates of Compensation.

Section 486.316 - Purchase of Corporate Rights and Property by Municipality; Arbitration.

Section 486.317 - Municipality as Stockholder; Issuance of Bonds, Interest Rate Limit, Tax Levy; Certain Corporations as Stockholders.

Section 486.318 - Company Fully Organized; Qualification, Powers, Financial Arrangements.