State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-458 > Act-42-of-1842 > Section-458-153

Act 42 of 1842

458.153 First meeting, calling; annual meeting.

Sec. 3.

There shall be a meeting of the members of said corporation once in each year, for the purpose of transacting business, at such time and place as may be designated at a previous meeting. The first meeting under this act of incorporation shall be at Jonesville, on the first Wednesday in October next. Should anything prevent a meeting at that time, or at any other time, to be designated as above provided, it shall be the duty of the president, or in case of his absence, death or refusal, of any other officer or director, on the written request of a majority of the board of directors, to call a meeting of the members of said incorporation, at any time within 6 months thereafter, by giving 2 months notice of the time and place of such meeting in some newspaper published in this state.

History: 1842, Act 42, Eff. Mar. 19, 1842 ;-- CL 1929, 10915 ;-- CL 1948, 458.153