on the real estate of said company, and any investment of any portion of the net profits of said company, in the business of said company, shall be considered as so much capital paid in, and shall be included in the returns to the state treasurer hereinbefore required. Sec. 5. The first meeting of said company shall be held at such 1st meeting. time and place as the persons named in the first section, or any two of them shall appoint, by a notice to be published in one or more newspapers in the city of Detroit, at least thirty days before the time of such meeting. habitants of Sec. 6. Any inhabitant of the state shall have a lien upon the Lien of instock, appurtenances, and entire property of said company for all this state. claims and demands against said company, to the amount of one hundred dollars or under, originally contracted within this state, which shall take precedence of all other claims or demands, judgments or decrees, liens or mortgages against said company. visions. Sec. 7. Said company shall be subject to the provisions of chap- General proter fifty-five of the revised statutes of eighteen hundred and fortysix, so far as the same may be applicable. fice. Sec. 8. The said company shall, within six months after the first Business of-election of the officers thereof, by a vote of the board of directors, locate a business office of said company within the territorial limits of the state of Michigan, and file in the office of the secretary of state a certificate specifying the place of such location; and all annual and other meetings of said company shall be held at such place as the by-laws of the company may designate and direct. Duration of Sec. 9. This act shall take effect and be in force for thirty years from and after its passage, and the legislature may at any time al- charter. ter, amend or repeal this act after the limitation thereof, by a twothird vote, or at any time for any violation of the provisionsthereof; Provided, That it shall not be lawful for said company to use their funds or any part thereof in any banking or brokerage or exchange, or in buying or selling money or bank notes, or stocks of any kind, or in any other business whatever, except that speeially provided for by this act. Approved April 2, 1849. Act amend ed. [No. 252. ] AN ACT to amend an act to organize certain Townships, approved Section 1. Be it enacted by the Senate and House of Represen taties of the State of Michigan, That section fifteen of "an act to organize certain townships and for other purposes," approved March 15th, 1849, be and the same is hereby amended by adding after the words "fourteen west" the following words: "lying south of Grand river." Sec. 2. This act shall take effect and be in force from and after its passage. Approved April 2, 1849. Wardens & Trinity Church in Marshall authorized to sell lot. [No. 253. ] AN ACT to authorize the Wardens and Vestry of Trinity Church in Marshall, to convey certain real estate. Section 1. Be it enacted by the Senate and House of Represen Vestry of tatives of the State of Michigan, That the wardens and vestry of Trinity church, in Marshall, or a majority of them, are hereby authorized to sell and convey by a good and sufficient deed, all the right, title and interest of said church, of, in and to lot number two, of block number thirty-four, situated in said village of Marshall, and county of Calhoun. Approved April 2, 1849. Sec 101 chap 20 RS repealed. See 101 substituted. [ No. 254. ] AN ACT to provide for the sale of certain State Tax Lands, and Section 1. Be it enacted by the Senate and House of Represents tives of the State of Michigan, That section one hundred and one of chapter twenty of the revised statutes of eighteen hundred and forty-six be and the same is hereby repealed, and the following substituted in lieu thereof: "Sec. 101. All lands heretofore bid off, or that may hereafter be bid off to the state for taxes, shall continue to be offered for sale for taxes of subsequent years, at the same time and in the same 1 manner as other lands; but when so offered, if the title of the state lands to be annual tax Sec. 2. All lands, subject to be sold as state tax lands, shall here. State tax after be first offered at the annual tax sales, and the sale or offer- offered at ing for sale of the same shall be concluded, before the commence- sale. ment of the sales of lands for the taxes of subsequent years. to make an withheld vertisement thereof. Sec. 3. It shall be the duty of the auditor general to prepare lists Aud. Gen'! of all lands heretofore withheld from sale for taxes, on account of nual lists of having been bid off to the state for taxes of previous years, and lands-adwhich shall remain unredeemed or otherwise undisposed of, stating and sale the amount due on each description for the taxes, interest and charges for each year, for which it was so withheld, including interest, as heretofore prescribed by law, at the rate of twenty-five per cent. per annum, from the time of being withheld to the day of sale; and the lands embraced in said lists shall be advertised and sold, at the same time and in the same manner, and under the same conditions and restrictions, as other lands sold for taxes, except as hereinafter provided. manner of Sec. 4. The lands mentioned in the preceding section shall be Time and offered for sale, next after the sale or offering for sale of the state such sale. tax lands in the several counties, and in the order of the years, for the taxes of which they were severally withheld; and all lands not sold or discharged, as state tax lands, shall be struck off to the state for the taxes of the several years for which they were withheld, subject to redemption as in other cases, or to the sale of the state bid, when the title of the state for taxes of former years shall have been disposed of; and in case of the sale or discharge of any description as state tax land, if the same shall not be sold to the same or other purchasers for the taxes of the years for which it was withheld, it shall be struck off to the state; and when so struck off for one year, it shall be struck off to the state for each subsequent year, for taxes of which it may have been advertised to be sold. Aul. Gen'l nual list of Sec. 5. In addition to the lists of lands bid in for the state, on to make an- which the time of redemption may have expired, the auditor genlands bid in eral shall also furnish to each county treasurer, a list of all lands for the state ding years for sale sub ject to redemption,. &c. for prece bid in for the state at the last preceding annual tax sale, on which the redemption would expire at or about the time of the next ensuing sale for taxes, and which shall be offered for sale as other state tax lands, subject to the right of redemption or purchase existing or provided by law, when struck off to the state; and if said lands shall not have been redeemed, or the state bd purchased,. within the period provided by law, the purchaser shall be entitled to a deed, as in case of the sale of other state tax lands; and if redeemed, he shall be entitled to the purchase money paid by him when the lands were so last sold; Provided, That no such lands, on which the state has a lien for prior years, shall be sold until the title for the taxes of prior years shall have been disposed of. State tax lands unsold Sec. 6. All state tax lands remaining unsold or otherwise undisafter being posed of, after having been twice offered as state tax lands at pubed to be sold lic sale at the annual tax sales, shall at the next ensuing tax sale, to highest twice offer bidder. Advertise sales.. be offered for sale to the highest bidder, without reference to the minimum now established by law, or the cost to the state of each parcel, in taxes, interest and charges; but said state tax lands shall be sold subject to the same conditions and restrictions in other respects, as are now or may hereafter be provided by law, in regard to other lands of the same class; and lands offered for sale under the provisions of this section, shall be offered for sale, prior to the sale of other state tax lands. Sec. 7. The publication of the lists of land to be sold for taxes ment of tax for eight weeks successively next previous to the first Monday of October in each year, as required in section seventy-one of chapter twenty of the revised statutes, shall be construed to mean eight publications once a week next preceding the said first Monday of October. Approved April 2, 1849. [No. 255. ] AN ACT to incorporate the village St. Mary. Section 1. Be it enacted by the Senate and House of Represen latives of the State of Michigan, That all the citizens of this state, inhabitants of, and included within the following corporate limits, viz: commencing at the north-east corner of the military reserve, held by the United States, at a point where it touches the St. Mary; thence south, one mile; thence due west, two miles; thence due north, one mile, to said river St. Mary; and thence easterly, following the meanderings of the same, to the place of beginning, be and the same are hereby ordained, constituted and declared to be, from time to time, forever hereafter, a body corporate and politic in fact and in name, by the name of "the president, trustees, and citizens of the village of St. Mary," and by that name they and their successors forever, shall, and may have perpetual succession, and shall be persons in law, capable of suing and being sued, pleading and being impleaded in all suits of whatever nature soever, and also to purchase, hold and convey any estate, real or personal, and may have a common seal, and may change and alter the same at pleasure, and shall be citizens of said village. inceting. Sec. 2. There shall be a meeting of the citizens of said village General holden annually, on the first Monday in June, for the purpose of choosing officers of said village, and the officers chosen at such meeting, shall continue in office until the second Monday of June then next, or until others shall be chosen and qualified in their stead. Sec. 3. The citizens of said village in legal meeting assembled shall annually choose a president, two trustees, a clerk, a treasurer and a marshal, all which officers shall be chosen by ballot, and on each ballot which shall be given in, shall be written the name of the person for whom the same is given, and such ballot shall; by the person giving the same, in the presence of the president and trustees or such of them as are present at such meeting, be put into a proper box for that purpose by the said village provided, and when the citizens present at any such meeting shall have had a reasonable time to give in their ballots, the president, or in his absence, the senior trustee present, in the presence of the meeting shall oper the box, sort and count the ballots, and the person who shall have a majority of the ballots given in, shall, by the marshal, or in his absence, by the junior trustee present, be declared to be elected, and no ballot shall be received after the box shall have been opened. Election of officers. |