Michigan Compiled Laws
Act 113 of 1869 - Waterworks (486.301 - 486.318)
Section 486.313 - Stockholders; Annual and Special Meetings.

Sec. 13.
There shall be an annual meeting of the stockholders at such time and place as the by-laws of the corporation shall designate, for the election of directors and the transaction of business of the corporation; special meetings of the stockholders may be called by the directors.
History: 1869, Act 113, Imd. Eff. Apr. 3, 1869 ;-- CL 1871, 3367 ;-- How. 3122 ;-- CL 1897, 8512 ;-- CL 1915, 11294 ;-- CL 1929, 11887 ;-- CL 1948, 486.313

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.