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ed to lease in writing under their hands and seals, the Clinton and
Kalamazoo canal between the villages of Frederick in Macomb
county, and Rochester, in the county of Oakland, for a term not
to exceed five years, on such terms as they may deem promotive
of the interests of this state. »
Sec. 2. There is hereby appropriated from the lands granted to

Appropriathis state by congress for internal improvement purposes, a suffi- tion. cient number of, not exceeding five thousand acres to put said canal in good repair between the villages of Frederick and Rochester, under the direction of the Auditor General and Secretary of state; that under this appropriation, there shall be issued land scrip without interest, which shall be receivable at the state land office for any internal improvement lands of this state, in the lower peninsula, for sale at said office.

Sec. 3. The lessees or their assigns, shall annually, between the first Monday in January and the first Monday in February in each with aud. year during the time of said lease, make out a true account of all receip's from, and expenditures upon said canal, with the vouchers for the same, under the oath of two or more of said persons or their assigns, and file the same with the auditor general of the state. Sec. 4. The state may at any time terminate the said lease, and

May termin resume the possession of said canal by giving six months' notice to said persons or their assigns, and by paying to said persons or their assigns such amount of money as they or their assigns may have expended in repairs upon the same, over and above their receipts from the same, as shall appear from the returns to the auditor general, pursuant to the preceding section.

Sec. 5. This act shall take effect and be in force from and after its passage.

Approved March 17, 1847.

To file acc't

gen'l.

nate lease.

[No. 94.] AN ACT to revive the Poor Laws repealed by the Revised

Statutes in certain Counties. Section 1. Be it enacted by the Senate and House of Representa tires of the State of Michigan, That chapter thirty-eight, of the re- R. Statutes

vised statutes of eighteen hundred and forty.six, is hereby repeal. ed, so far as the same relates to the counties of Wayrie, Calhoun and Van Buren, and that the poor laws in force on the twentyeighth day of February, eighteen hundred and forty-seven, be, and the same are hereby revived, so far as said couuties of Wayne, Calhoun and Van Buren' are concerned.

Sec. 2. The supervisors of the said county of Calhoun may, at any lawful meeting, restore the distinction between township anu county poor, by a vote of two-thirds of the members in attendanc at such meeting.

Sec. 3. The paupers in the county of Wayne shall be, and remain county or town poor, the same as if the laws revived by this act had been continued in force and effect all of the time since their passage.

Sec. 4. This act shall be in force from and after its passage.
Approved March 17, 1847.

Paupers to remain t'wn poor.

[No. 95.] AN ACT to incorporate the Marshall Woolen Mills, in the connty

of Calhoun. Section 1. Be it cnacted by the Senate and House of RopresentaIncorporat'n tives of the state of Michigan, That Robert Cross, Oliver C. Com

stock, Asa B. Cook, H. I. Perrin, Charles Dickey, Jarvis Hurd and George S. Wright, their successors and associates, are hereby created for the term of twenty-five years from and after the first day of January, 1847, a body corporate by the name of the “Marshall Woolen Mill,” for the purpose of manufacturing woolen and woolen and cotton cloths, in the township of Marshall and county of Calhoun, capable of executing all the powers, entitled to all the privileges, subject to all the duties and liabilities specified in the statute, prescribing the general provisions for corporations, except so far as the same may be modified and controlled by the terms of

this enactment. Capital stok

Sec. 2. The capital stock of said corporation shall not exceed the sum of fifty thousand dollars, a part whereof, not exceeding twenty-five thousand dollars, may be invested in real estate, which said corporation is hereby authorized to hold.

cers to have

Sec. 3. Said corporation shall have a treasurer and clerk, and What offisuch a other officers and agents, as the members of the corporation may determine, to be appointed in such manner and for such term as the by-laws of said corporation may prescribe. The clerk shall be sworn to the faithful discharge of his duties, as the same may be prescribed in said by-laws; and the treasurer shall give bond im such a sum and with such sureties, as said by-laws may prescribe for the faithful discharge of his duty. Sec. 4. The amount of the capital stock shall be fixed and limi- Amount of

capital sto'k ted by the corporation, in the manner prescribed by the by-laws, limited. not exceeding fifty-thousand dollars, and shall be divided into shares, and a record thereof be made by the clerk; said shares shall be numbered in progressive order, beginning at number one, and every stockholder shall have a certificate, under the seal of the corporation, and signed by the treasurer, certifying his property in such share, as shall be expressed in the certificate: Provided, That the real estate which this company may hold shall be only such as shall be necessary for the corporate uses of said company.

Sec. 5. Any shares may be transferred by the proprietor thereof, Shares trans by a deed under his hand and seal acknowledged by any officer duly authorized by law to take acknowledgments of deeds, and recorded by the clerk of the corporation in a book to be kept for that

parpose, and the purchaser named in such deed, so recorded shall on producing the same to the treasurer and delivering to him the former certificate, be entitled to a new certificate; and from the entry of such transfer the new stockholder shall be under all the liabilities of the original stockholder.

Sec. 6. Said corporation may, from time to time, at any regular May make meeting called for that purpose, assess upon each share, such sums of money as the corporation shall think proper, not exceeding in the whole the amount at which such share shall be originally limited; and such sums so, assessed shall be paid to the treasurer at such times and by such instalments as the corporation shall direct.

Sec. 7. All the members of said corporation shall be jointly and liability. severally liable for all debts and contracts made by said corporation, and a certificate signed and sworn to by the clerk and treasurer setting forth the amount of capital stock paid in, shall be

assessment.

at

To give no tice of am't of assessment.

filed and recorded in the office of the register of deeds for said
county.

Sec. 8. The whole amount of debts, which said corporation shall
any
time

owe, shall not exceed the one half amount of its capital stock actually paid in; and said corporation shall annually give notice in some newspaper printed in the village of Marshall, of the amount of all the assessments, laid by said corporation and actually paid in, and the amount of all existing debts, which notice shall be signed by the treasurer or clerk.

Sec. 9. The legislature may at any time alter, 'amend or repeal

this act.

Approved March 17, 1847.

[No. 96.] AN ACT to amend an act entitled "an act to authorize the high

way commissioners of the township of Kalamazoo to vacate certain streets," approved February thirteenth, eighteen hundred and forty-seven.

Section 1. Be it enacted by the Senate and House of Representatires of the State of Michigan, That the proviso to section one of an act entitled “an act to authorize the highway commissioners of the township of Kalamazoo to vacate certain streets,” approved Feb. ruary thirteenth, eighteen hundred and forty-seven, be and the same is hereby repealed, and the following substituted in lieu thereof, and to stand as a part of said section one: Provided, That said commissioners shall not be authorized to vacate any more of said street than is now or that has heretofore been used and occupied by the Michigan Central Rail Road Company, or that may hereafter be necessary for the purpose of constructing, continuing, building, maintaining and keeping in repair a rail road with a single or double track with the necessary appurtenances, without the written assent of the owners of the lands adjoining said street. Sec. 2. This act shall take effect from and after its

passage. Approved March 17, 1847.

Com'rs:

cause books

ed.

(No. 97.] AN ACT to incorporate the Marshall and Bellevue Plank Road

Company SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Isaac E. Crary, Jarvis Hurd and Oliver C. Comstock, are hereby appointed commisioners to receive subscriptions to the capital stock of a plank road company from Marshall, in the county of Calhoun, to Bellevue, in the county of Eaton.

Sec. 2. The capital stock of said company shall be thirty thous. Capital sto'k and dollars, and shall be divided into one thousand shares of thirty dollars each.

Sec. 3. The said commissioners may open books for the subscrip-Who to tion of stock at any time within two years, at the village of Mar- to be openshall, by first giving twenty days' public notice thereof; and whenever one half of said stock shall be subscribed, and one dollar on each share so subscribed be paid to said commissioners, the stockholders so subscribing shall be a body corporate by the name of the “Marshall and Bellevue Plank Road Company,” having succession by that name, and being in all respects under the provisions of the fifty-fifth chapter of the revised statutes of eighteen hundred and forty-six, except as herein changed or otherwise (provided.)

Sec. 4. The said company may hold such real estate as shall be necessary for the construction and use of said road, not exceeding ten thousand dollars in value.

Sec. 5. The said company may acquire right of way by gift Right of grant or otherwise, as they may be able so to do, and hold the same as company property. Sec. 6. The said company, in lieu of all other taxation, shall pay

To pay a tax to the state a tax of five mills on a dollar for all the capital stock of five mills. paid in, and all loans made by said company for the construction of said road, from and after the time of charging tolls on said road by said company. Sec. 7. The said company may construct a plank road from

May conMarshall, in the county of Calhoun, to Bellevue, in the county of struct plank Eaton. Said road shall be built of good sound plank, not less than eight feet long and three inches thick; and whenever other roads

way.

road.

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