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Sec. 7. The said trustees are authorized to receive subscriptions for shares to the capital stock of said corporation, and such shares shall be assignable and transferable agreeably to such by-laws as the said trustees shall from time to time establish, and shall in law be consid. ered personal property.

Sec. 8. The said trustees are hereby empowered and authorized to establish in the township of Adrian, in the county of Lenawee, an institution for the instruction of young persons in the various branches of literature, science and the arts, and shall faithfully apply the funds by them from time to time received, under the provisions of this act, in providing suitable buildings, employing professors and teachers, procuring books, maps, philosophical and other apparatus necessary to insure a successful prosecution of study in said institution.

dec. 9. In the collection of debts against said corporation, if corporate property cannot be found sufficient to satisfy any execution issued against it, the trustees shall be liable as partners in trade, for any debt created by them whilst trustees in behalf of said corporation; and if such debts cannot be collected from the corporate property of said institution, or the property of the trustees as aforesaid, then each stockholder shall be individually linble therefor.

Sec. 10. The said trustees shall, at least ten days previous to each annual election of trustees as aforesaid, cause a list of the names of all the trustees and stockholders of said corporation, together with a statement of the amount of stock owned by each, duly authenticated by affidavit, to be filed in the office of the county clerk of the county of Lenawee; and the said list and statement shall be prima facie evidence that the individuals therein named are the trustees and stockholders of said corporation, and that the statement of the stock is the aniount owned by each individual respectively.

Sec. 11. That said seminary shall be subject to the annual visitation of the Superintendent of Public Instruction, and the trustees of said seminary shall annually, on or before the twen. tieth day of October, in each year, make to said Superintendent a full report of the literary and pecuniary condition of said seminary.

Seo. 12. This act shall be under the control of any future Legislature, to alter, amend or repeal, as the public good may require.

Approved January 30, 1846.

[ No. 70. ]

AN ACT to amend an act entitled an act to incorporate the Adrian

Seminary, approved January thirteenth, eighteen hundred and forty-six. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That the first section of the act entitled an act to incorporate the Adrian Seminary, approved January thirteenth, eighteen hundred and forty-six, be amended by striking out the names of Alfred W. Budlong, William Wolcott, Francis J. King and Harry Wood, and inserting the names of Abel Whitney, Daniel K. Underwood, John A. Rice and Langford G. Berry; and by striking out the words "Adrian Seminary," and inserting “Adrian Atademy."

8vo. 2. The first meeting of said corporation shall be held at such time and place as may be designated, in accordance with the provisions of the third section of chapter fifty-five of the cerised statutes of eighteen hundred and forty-six.

8no. 3. This act shall take effect from and after its passage. Approved March 16, 1847.

[ No. 13. ] AN ACT to incorporate the Clinton Institute. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That from and after the passage of this act, Ebenezer Hall, Thomas M. Perry, Henry M. Dodge, Aaron G. Parke, Joseph Cole, Chester Spalding, Harlehigh Cartter, Pliny Power and Morton Shearer, of the county of Macomb, and their successors be and they are hereby constituted, ordained and declared a body corporate and politic under the name and style of "The Clinton Institute;" that by that name they and their successors shall and may have perpetual succession, and shall be persons in law capable of suing and being sued, pleading and being impleaded, answering and being answered, defending and being defended in all courts of record whatever, and in all manner of suits, actions, complaints, matters and causes whatever; and that they and their successors may have a common seal, and change and alter the same at their pleasure; and that they and their successors by the name of "The Clinton Institute," shall be in law capable of acquiring and holding by purchase, gift, or otherwise, and of selling, conveying or leasing any estate, real, personal or mixed, for the use of said corporation, not exceeding ten thousand dollars; and that they and their successors shall have full power to make and enter into contracts, to make such rules and by-laws as they may deem necessary for the good gov. ernment and prosperity of said institution: Provided, Such by-laws are not inconsistent with the constitution and laws of the United States or of this state.

Sec. 2. Said corporation shall have power to establish at or near the village of Mount Clemens, in the county of Macomb, an institution for the instruction and education of young per

sons.

Sec. 3. There shall be nine trustees of the said corporation, who shall be stockholders thereof, and who shall manage and control all the affairs of the same, and the above named persons shall be the first trustees, and shall hold their offices until the first Monday in July, ono thousand eight hundred and forty-six, and until others are elected in their places; and they or their successors shall have power to fill all vacancies in their own body, which may happen by death, resignation, or otherwise, to appoint a president, secretary and treasurer of their own body, and to prescribe such studies and regulations in said institution, as to them shall seem best.

SBC. 4. There shall be a meeting of the stockholders of said corporation on the first Monday in July, one thousand eight hundred and forty-six, and on the first Monday in July in every succeeding year, at some couvenient place in the village of Mount Clemens, to be designated by the by-laws of said corporation; and a mnjority of the stockholders who shall meet in person or by proxy, shall elect nine of the stockholders to be trustees of said corporation for the year then next ensuing, and until others are elected in their places; ench share of stock entitling the stockholder to one vote, either personally or by proxy.

Sec. 5. The capital stock of said company shall be ten thousand dollars, in shares of ten dollars each, and the trustees are hereby authorized to receive subscriptions thereto, at such times and places as they or a majority of them shall designate; said shares to be assignable and transferable agreenbly to such by-laws as the trustees may from time to time establish, and shall in law be considered personal property.

Sec. 6. The trustees of said corporation shall be jointly and severally liable for all debts of the said corporation: Provided, That no execution shall issue against the individual property of said trustees until the property of the corporation shall first have been exhausted: And provided further, That any trustee resigning shall not thereby be released from any liability accrued during the period which he was in office, until a responsible successor shall be appointed and enter upon the discharge of his duties.

Sec. 7. The board of trustees shall cause to be transmitted to the Superintendent of Public Instruction, annually, on or before the tenth day of November, a full statement of the condition of the institute.

Sec. 8. This act may be amended or reperled at any time by a vote of two-thirds of any foture Legislature.

Approved February 12, 1846.

[ No. 128. ]

AN ACT to incorporate the Owasso Literary Institute. SECTION 1. Be it enacted by the Senate and House of Representatires of the State of Michigar, That Elias Coinstock, Alfred L. Williams, Benjamin 0. Williams, Amos Gould, Charles L. Goodhue, Anson B. Chipman and John B. Barnes, of the county of Shiawassee, and their successors in office, be, and they are hereby constituted and declared a body corporate and politic, in fact and in name, under the name and style of the “ Owasso Literary Institute;" and by that name they and their successors in office shall and may have perpetual succession, and shall be persons in law capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended in all courts whatever.

SEC. 2. That the persons named in the preceding section, and their successors in office, may have a common seal, and change the same at their pleasure, and by the name of the Owasso Literary Institute, shall be capable in law of acquiring and holding by purchase, gift, grant, devise, bequest or otherwise, and of selling, conveying or leasing any estate, real, personal or mixed, for the purposes hereinafter mentioned, and no other; and they and their successors in office, shall have full power to make and enter into contracts, to make such rules and bylaws as may be necessary for the good government and success of said institute: Provided, Such by-laws are not inconsistent with the constitution and laws of the United States or of this State.

Sec. 3. The capital stock of the said corporation shall not exceed the sum of ten thousand dollars, and shall be divided into shares of ten dollars each.

Sec. 4. Said corporation shall have power to establish and continue in the township of Owasso, an institution of lengning for the instruction of persons in the various branches of literature, and the arts and sciences.

Sec. 5. There shall be seven trustees of the said corporation, who shall be members thereof, and who shall manage all the affairs thereof; and the first trustees shall be Elias Comstock, Alfred L. Williams, Benjamin O. Williams, Amos Gould, Charles L. Goodhue, Anson B. Chipman and John B. Barnes, who shall hold their offices, and have and exercise the powers and franchises hereby granted, until the first Monday in January, eighteen hundred and fortyseven, and until others are elected in their places.

Sec. 6. There shall be, on the first Monday of January, eighteen hundred and forty-seven, and on the first Monday of January in every succeeding year, a general meeting of the stock. holders of said corporation, at some convenient place in the village of Owasso, to be designated by the by-laws of said corporation; and a majority of the stockholders who shall meet in person or by proxy, shall elect by ballot seven of the stockholders to be trustees of said corporation for the year then next ensuing.

Sec. 7. The trustees of said corporation shall have power to choose of their own number, a president, treasurer, and a secretary, who shall immediately enter upon the duties of their offices, and hold the same from the time of their election until the first Monday of January of the ensuing year, and until others are chosen in their stead; and in case any of the trustees

shall die, resign, refuse or neglect to act, then, and in any such case, the remaining trustees may,

within thirty days thereafter, elect by ballot other stockholders of the said corporation in their stead, who shall hold their offices in the same manner as those first elected.

SEC. 8. Each stockholder shall be entitled to one vote for each share of which he shall be the holder; and the said trustees shall receive subscriptions for shares in said corporation, until the capital stock may be subscribed. The said shares shall be assignable and transferable according to such rules as the board of trustees shall from time to time make and estab, lish, and shall be considered personal property.

SEC. 9. In case it should at any time happen that an election of trustees should not be made on any day when, pursuant to this act it ought to have been made, the said corporation shall not for that cause be dissolved; but it shall and may be lawful on any other day to hold an. election for trustees in such manner as shall be provided by the by-laws and ordinances of said corporation.

Sec. 10. The said trustees shall faithfully apply all funds in inoney or otherwise, by them collected or acquired, according to their best judgment, in the erection of suitable buildings, in the support of necessary officers and teachers, and in procuring a suitable library and other articles necessary to insure the success of said institution.

Sec. 11. All process against said corporation shall be by summons, and the service of the same shall be by leaving an attested copy with the president of said board of trustees, or in his absence, at his last place of abode, at least six days previous to the return day thereof.

Sec. 12. The Legislature may alter, amend or repeal this act.

Sec. 13. The trustees of said institution shall be jointly and severnlly liable for all de bts against the corporation: Provided, That no execution shall issue against the individual property of said trustees until the property of the corporation shall first have been exhausted.

Sec. 14. This act shall take effect and be in force from and after its passage.
Approved May 11, 1816.

[ No. 82.] AN ACT to incorporate the Vermontville Academical Association.

Section 1. Be it enacted by the Scrate and House of Representatives of the State of Michigan, That from and after the passage of this act, W. W. Benedict, Oren Dickinson, S. 8. Church, W. S. Fairfield, David Barber, W.J. Squier, M. S. Norton, D. H. Robinson, Levi Merrill, of the county of Eaton, and their successors be and they are hereby constituted, ordained and declared a body corporate and politic, under the name and style of " The Vermontville Academical Association;" that by that name they and their successors shall and may have perpetual succession, and shall be persons in law capable of suing and being sued, pleading and being impleaded, answering and being answered, defending and being defended, in all courts of record whatever, and in all manner of suits, actions, complaints, matters and causes whatever;. and that they and their successors may have a common seal, and change and alter the same at their pleasure; and that they and their successors, by the name of the “Vermontville Academical Association,” shall be in law capable of acquiring and holding by purchase, gift, or other-wise, and of selling, conveying or leasing any estate, real, personal or mixed, for the use of said corporation, not exceeding ten thousand dollars, and that they and their successors shall have full power to make and enter into contracts, to make such rules and by-laws as they may deem necessary for the good government and prosperity of said institution: Provided, such by-laws are not inconsistent with the constitution and laws of the United States or of this, State.

SEC. 2. Said corporation shall have power to establish at or near the village of Vermontville, in the county of Eaton, an institution for the instruction and education of young persons.

SEC. 3. There shall be nine trustees of said corporation, who shall be stockholders thereof, and who shall manage and control all the affairs of the same ; and the above named persons shall be the first trustees, and shall hold their offices until the first Monday of July, eighteen hundred and forty-six, and until others are elected in their places; and they or their successors shall have power to fill all vacancies in their own body, which may happen by death, resiguation or otherwise, to appoint a president, secretary and treasurer of their own body, and to prescribe such studies and regulations in said institution as to them shall seem best.

Sec. 4. There shall be a meeting of the stockholders of said corporation on the first Monday of July, eighteen hundred and forty-six, and on the first Monday in July in every succeed. ing year, at some convenient place in the village of Vermontville, to be designated by the bylaws of said corporation; and a majority of the stockholders, who shall meet in person or by proxy, shall select nine of the stockholders to be trustees of said corporation for the year then next ensuing, and until others are elected in their places, ench share of stock entitling the stockholder to one vote, either personally or by proxy.

Sec. 5. The capital stock of said company shall be ten thousand dollars, in shares of ten dollars ench. And the trustees are hereby authorized to receive subscriptions thereto at such times and places as they or a majority of them shall designate; said shares to be assignable and transferable, agrecably to such by-laws as the trustees may, from time to time establish, and shall, in law, be considered personal property.

Sec. 6. The trustees of said corporation shall be jointly and severally liable for all debts of the said corporation: Providrd, That no execution shall issue against the individual property of said trustees until the property of the corporation shall first have been exhausted: And provided further, That any trustee resigning shall not thereby be released from any liability accrued during the period while he was in office, until a responsible successor shall be appointed and enter upon the discharge of his duties.

Sec. 7. The board of trustees shall cause to be transmitted to the Superintendent of Public Instruction annually, on or before the tenth day of November, a full statement of the condition of the institute.

Sec. 8. This act may be amended or repealed at any time by a vote of two-thirds of any future Legislature.

Approved April 28, 1846.

[ No. 39. ]

AN ACT to incorporate the White Pigeon Academy. Section 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Levi Baxter, Edwin Kellogg, Elias 8. Swan, John Redfern, Charles Kellogg and George W. Beisel, of the county of St. Joseph, and their successors in office, be and they are hereby constituted and declared a body corporate and politic, in fact and in name, under the name and style of the "White Pigeon Academy," and by that name they and their successors in oftfice shall and may have perpetual succession, and shall be persons in law capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended in all courts whatever.

Seo. 2. The persons named in the preceding section, and their successors in office, may have a common seal, and change the same at their pleasure, and by the name of the White Pigeon Academy, shall be capable in law of acquiring and holding by purchase, gift, grant, devise,

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