Incorpora.

tion.

Route.

Capital.

charter.

[ No. 131. ]

AN ACT to incorporate the Grand River Plank Road Company. Section 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Louis Campau, Amos Rathbone, Edmund B. Bostwick, Francis H. Cuming, Nelson Robinson, George M. Mills and Canton Smith, be and they are hereby appointed commissioners, under the direction of a majority of whom subscriptions may be received to the capital stock of the Grand River Plank Road Company; and the subscribers thereto, with such other per sons as they shall associate with them for that purpose, their successors and assigns, shall be and they are hereby created a body politic and corporate, by the name and style of the Grand River Plank Road Company, with corporate succession.

Sec. 2. Said company hereby created shall have the power to lay out, establish and construct a plank road, and all necessary buildings and appurtenances, from the village of Grand Rapids in the county of Kent, to the village of Portland in the county of Ionia, with the right of uniting said road at any other point with the plank road of any other company.

Sec. 3. The capital stock of said company shall be seventy-five thousand dollars, to be divided into three thousand shares of twentyfive dollars each; and said company shall be subject to all general laws of this State now in force relative to plank roads, and the same are made a part of this act.

Sec. 4. This act shall be and remain in force for the term of sixty Duration of years from and after its passage; but the Legislature may at any time alter, amend or repeal this act by a vote of two-thirds of each branch thereof; but such alteration, amendment or repeal shall not be made within thirty years from the passage of this act, unless it shall be made to appear to the Legislature that there has been a violation by the company of some of the provisions of law to which it is subject: Provided, That after said thirty years, no alteration or reduction of the tolls of said company shall be made during its existence, unless the yearly nett profits of said company, over and above all expenses, shall exceed ten per cent. on the capital stock invested: Provided, There be no violation of the charter of said company.

Proviso.

Proviso

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

Approved March 20, 1850.

[ No. 132. ]

AN ACT to incorporate the Lansing and Howell Plank Road Com

pany.

tion.

Section 1. Be it enacted by the Senate and House of Representatives Incorporaof the State of Michigan, That James Seymour, Hiram H. Smith, Ephraim B. Danforth, George W. Lee and Frederick C. Whipple, be and they are hereby appointed commissioners, under the direction of a majority of whom subscriptions may be received to the capital stock of the Lansing and Howell Plank Road Company; and the subscribers thereto, with such other persons as they shall associate with them for that purpose, their successors and assigns, shall be and they are hereby created a body politic and corporate, by the name and style of the Lansing and Howell Plank Road Company, with corporate succession.

Sec. 2. Said company hereby created shall have power to lay Route. out, establish and construct a plank road, and all necessary buildings and appurtenances, commencing at Lansing, county of Ingham, and terminating in the village of Howell, county of Livingston, with the privilege of uniting said road at any point with the road of any other company.

Sec. 3. The capital stock of said company shall be sixty thou- Capital sand dollars, divided into two thousand four hundred shares of twenty-five dollars each.

Grand Riv'r

Sec. 4. As soon as said company shall be duly organized, the Detroit and board of directors thereof are hereby authorized to enter upon and road. take possession of so much of the Detroit and Grand River road, so called, as lies between the village of Lansing and the village of Howll, and proceed to construct and maintain thereon a plank road: Provided, That during the construction of said plank road, the said company shall in no wise prevent or improperly obstruct the usual track thereon: Provided further. That nothing herein contained shall be construed as conveying any other or further right in the said Grand River road than the State as such possesses: And proviled further, That before the said company shall be entitled to the right of way on the Grand River road, the Detroit and Howell Plank Road file notice in Company shall file in the office of the Secretary of State, a notice of State. that the said Detroit and Howell Plank Road Company have relinquished to the Lansing and Howell Plank Road Company the right

Company to

office of Sec.

Directors

mute with

of way on the Grand River road from Lansing to Howell; such notice to be signed by the president and secretary.

Sec. 5. The directors of said company may commute with any of may com- the stockholders thereof for any instalments upon their stock, by alstockhold'rs 'lowing them instead of paying their subscriptions in money, to take contracts, on giving satisfactory security for the fulfillment of the same, by furnishing any part of the materials or executing any part of the construction of said road.

Capit'l sto'k

Duration of

charter.

Proviso.

General

Sec. 6. The Detroit and Howell Plank Road Company are hereby authorizedto subscribe to the capital stock of the said Lansing and Howell Plank Road Company to an amount not exceeding fifteen thousand dollars.

Sec. 7. This act shall be and remain in force for the term of sixty years from and after its passage; but the Legislature may at any time alter, amend or repeal this act by a vote of two-thirds of each branch thereof; but such alteration, amendment or repeal shall not be made within thirty years from the passage of this act, unless it shall be made to appear to the Legislature that there has been a violation by the company of some of the provisions of this act: Provided, That after said thirty years, no alteration or reduction of the tolls of said company shall be made during its existence, unless the yearly nett profits of said company, over and above all expenses. shall exceed ten per cent. on the capital stock invested.

Sec. 8. The said company shall be subjected to the provisions of all provisions. general laws now in force relative to plank roads, and the same are made a part of this act, except so far as otherwise provided in this

act.

Sec. 9. This act shall take effect and be in force from and after its passage.

Approved March 20, 1850.

[ No. 133. ]

Incorpora tion.

AN ACT to incorporate the Kalamazoo and Gull Prairie Plank Road

Company.

Section 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Samuel Boyles, Alfred Thomas, Sam

uel Clark, John F. Gilkey and L. Vanderwalker, be and they are hereby appointed commissioners, under the direction of a majority of whom subscriptions may be received to the capital stock of the Kalamazoo and Gull Prairie Plank Road Company; and the subscribers thereto, with such other persons as they shall associate with them for that purpose, their successors and assigns, shall be and they are hereby created a body politic and corporate, by the name and style of the Kalamazoo and Gull Prairie Plank Road Company, with corporate succession.

Sec. 2. Said company hereby created shall have the power to lay Route. out, establish and construct a plank road, and all necessary buildings and appurtenances, from the village of Kalamazoo in the county of Kalamazoo, to Gull Prairie in the county of Kalamazoo, with the right of uniting said road at any point with the plank road of any other company.

Sec. 3. The capital stock of said company shall be fifteen thousand Capital. dollars, to be divided into three hundred shares of fifty dollars each; and said company shall be subject to all general laws of this State now in force relative to plank roads, and the same are made a part of this act.

charter.

Sec. 4. This act shall be and remain in force for the term of six- Duration of ty years from and after its passage; but the legislature may at any time alter, amend or repeal this act by a vote of two-thirds of each branch thereof; but such alteration, amendment or repeal shall not be made within thirty years from the passage of this act, unless it shall be made to appear to the Legislature that there has been a violation by the company of some of the provisions of law to which it is subject: Provided, That after said thirty years, no alteration or reduction of the tolls of said company shall be made during its existence, unless the yearly nett profits of said company, over and above all expenses, shall exceed ten per cent. on the capital stock invested: Provided, There be no violation of the charter of said Proviso. company.

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

Approved March 20, 1850.

Proviso.

[No. 134. ]

Authority

-certificate.

AN ACT to authorize Julia A. Grougan to assign a certain land certificate.

Section 1. Be it enacted by the Senate and House of Representatives Ja of the State of Michigan, That Julia A. Grougan, widow of John Grougan, deceased, be and she is hereby authorized to sell and assign to any person the certificate of sale issued at the State land office, of the south-east quarter of the north-west quarter of section number sixteen, in town two north of range three east, in the county of Livingston: Provided, That such assignment shall not be of any effect unless the judge of probate of the said county of Livingston shall certify on the back of said certificate his approval of the same: Provided further, That before the said Julia A. Grougan shall sell and assign the said certificate, she shall execute and deliver to the judge of probate of the said county of Livingston, a bond in such penalty as the said judge shall direct, conditioned that she, the said Julia, will invest the proceeds of such sale in other real estate, or in some productive stock, or put the same at interest, for the benefit of the heirs of the said John Grougan, deceased.

Proviso.

Sec. 2. This act shall take effect and be in force from and after its passage.

Approved March 20, 1850.

[ No. 135. ]

hority to

real estate.

AN ACT to authorize Nathaniel A. Balch, administrator, to sell certain real estate belonging to the estate of Walter Clark, late of Kalamazoo, deceased.

Section 1. Be it enacted by the Senate and House of Representatives certam of the State of Michigan, That Nathaniel A. Balch, as administrator of the estate of Walter Clark, deceased, be and he is hereby authorized to sell on credit and at private sale, subject to the approval of the judge of probate for the county of Kalamazoo, the following described pieces of land belonging to the assets of said estate, to wit: The west half of the south-west fractional quarter of section seven, township six south of range fourteen west, containing fifty-seven and fifty-two one-hundredths acres, situated in the county of Cass;