[ No. 44. ] AN ACT to incorporate the Olivet Institute. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That James Douglass, Carlow Reed, Oramel Hosford, William Hosford, Enoch N. Bartlett, John G. Barnes, Chas. M. Bordwell and Wilson C. Esdell, of the county of Eaton, together with such other persons as may be associated with them and their successors, for that purpose, shall be and they are hereby constituted a body politic and corporate, by the name and style of the Olivet Institute, subject to the provisions relating to corporations, contained in chapter fifty-five of the revised statutes of eighteen hundred and forty-six, and such amendments thereof as may from time to time be made by the legislature. SEC. 2. The trustees shall have power, and they are hereby authorized to establish in the township of Walton, in the county of Eaton, an institution for the instruction of young persons in ancient or modern languages or literature, and the arts and sciences; and shall faithfully apply all funds received by them for that purpose, by subscription, bequest or otherwise, in providing suitable buildings, employing professors and teachers, procuring books, maps, philosophical and other apparatus, necessary or proper for the successful prosecution of study in said institution. SEC. 3. Said board of trustees shall be in law capable of acquiring and holding, by pur chase, gift, grant, devise or bequest or otherwise, and of selling, conveying or leasing any estate, real, personal or mixed, in value not exceeding the sum of twenty-five thousand dollars, for the use of said corporation, and no other, and shall be held liable for all debts as partners in trade, after the corporate property shall have been exhausted. SEC. 4. The institution shall be subject to visitation, at any time, by the Superintendent of Public Instruction, and the trustees shall annually, on or before the 20th day of October, in each year, make to the Superintendent a full report of the literary and pecuniary condition of said institution. SEC. 5. This act shall take effect and be in force from and after its passage. [ No. 42. ] AN ACT to incorporate the Woodstock Manual Labor Institute. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That James G. Birney, William P. Russell, Prior Foster, Joseph Hewitt, William W. Jackson, and Joseph Foster, of the State of Michigan, together with such other persons as may be associated with them and their successors for that purpose, shall be, and they are hereby constituted a body politic and corporate, by the name and style of the Woodstock Manual Labor Institute, subject to the provisions relating to corporations, contained in chapter fifty-five of the Revised Statutes of eighteen hundred and forty-six, and such amendments thereof as may from time to time be made by the Legislature. SEC. 2. The trustees shall have power, and they are hereby authorized to establish in the township of Woodstock, in the county of Lenawee, an institution for the instruction of per sons of color, and others, in ancient or modern languages, or literature and the arts and seiences, and shall faithfully apply all funds received by them for that purpose, by subscription, bequest or otherwise, in providing suitable buildings, employing professors and teachers, procuring books, maps, philosophical and other apparatus necessary or proper for the successful prosecution of study in said institution. SEC. 3. Said board of trustees shall be in law capable of acquiring and holding, by purchase, gift, grant, devise or bequest, or otherwise, and of selling, conveying, or leasing any estate, real, personal or mixed, in value not exceeding the sum of twenty-five thousand dollars, for the use of said corporation, and for the interest of said institute, and no other, and shall be held liable for all debts as partners in trade, after the corporate property shall have been exhausted. SEC. 4. The institution shall be subject to visitation at any time, by the Superintendent of Public Instruction, and the trustees shall, annually, on or before the twentieth day of October, in each year, make to the Superintendent a full report of the literary and pecuniary condition of said institution. SEC. 5. The Legislature may at any time alter, amend or repeal this act. [ No. 168. ] AN ACT to incoporate the Oakland Female Seminary. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Alfred Williams, Origen D. Richardson, Horace C. Thurber, Willard M. McConnel, Ben. jamin B. Morris, Hester L. Stevens, Samuel M. Stelle, Jacob Hendrickson and Ezra H. Buddington, together with such other persons as may become members of the incorporation hereby created, shall be and they are hereby constituted and declared to be a body corporate and politic, by the name of the Oakland Female Seminary, and in their corporate name may sue and be sued, ny have a common seal which they may renew at pleasure, and shall have, enjoy, and may exercise, all the powers, rights and privileges, which appertain to corporate bodies for the purposes mentioned in this act. SEC. 2. The capital stock of said corporation shall not exceed the sum of ten thousand dollars, and shall be divided into shares of ten dollars each. SEC. 3. The corporation hereby created shall be forever capable in law to pur hase, take, receive, hold and enjoy any estate real and personal whatever, to an amount not exceeding five thousand dollars, and to lease, sell and convey, or otherwise dispose of the same. SEC. 4. There shall be forever hereafter, eight trustees of the said corporation, who shall be members thereof, and who shall manage all the affairs thereof; and the first trustees shall be Alfred Williams, Origen D. Richardson, Horace C. Thurber, Willard M. McConnel, Benjamin B. Morris, Hester L. Stevens, Samuel M. Stelle, Jacob Hendrickson and Ezra H. Buddington; who shall hold their offices until the first day of January, eighteen hundred and fifty, and until others are elected in their places. SEC. 5. There shall be on the first Monday of January, eighteen hundred and fifty, and on the first Monday of January in every succeeding year, a general meeting of the members of said corporation at some convenient place in the village of Pontiac, to be designated by the bylaws of said corporation; and a majority of the members who shall meet in person or by proxy, shall elect by ballot eight of their number to be trustees of the said corporation for the year then next ensuing. SEC. 6. The trustees of said corporation shall have power to choose from out of their number a president, a treasurer, and a secretary, who shall immediately enter upon the duties of their office, 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 every such case, the remaining may, within thirty days thereafter, elect by ballet, other members of said corporation in their stead, who shall hold their offices in the same manner as those first elected. SEC. 7. Each member to 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 establish, and shall be considered personal property. SEC. 8. In case it should at any time happen that an election of the 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, or any non-user, 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 laws and ordinances of said corporation. SEC. 9. No male teacher shall at any time hereafter forever be employed in the seminary hereby incorporated. The trustees may, by their by-laws, make all necessary rules and regulations for calling special meetings, and for all other purposes, and five trustees shall constitute a quorum for the transaction of business. SEC. 10. This act shall take effect and be in force from and after its passage, and shall be subject to the provisions of chapter fifty-five of the revised statutes of eighteen hundred and forty-six. Approved March 30, 1849. [ No. 37. ] AN ACT to incorporate the Tecumseh Literary Institute. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Sirrell C. Le Baron, Alonzo B. Palmer, Increase S. Hamilton, Salmon Crane, Stillman Blanchard, Perley Bills and Charles Spafford, and their successors in office, be and they are hereby constituted and declared a body corporate under the name and style of the "Tecumseh Literary Institute," subject to the provisions relating to corporations contained in chapter fifty-five of the revised statutes of 1846, and such amendments thereof as may from time to time be made by the legislature. SEC. 2. The persons named in the preceding section, and their successors in office, shall have power, and they are hereby authorized to establish and continue in Tecumseh, in the county of Lenawee, an institution of learning for the instruction of persons in the various branches of literature and the arts and sciences; and to establish rules and by-laws for the government and management of the same: Provided, Such rules and by-laws are not inconsistent with the constitution and laws of the United States or of this State, and shall faithfully apply all funds or other property received by them for that purpose, by subscription, bequest or otherwise, in providing suitable buildings, employing professors and teachers, procuring books, maps, philosophical and other apparatus necessary or proper for the successful prosecution of study in such institution. SEC. 3. Said board of trustees shall be in law capable of acquiring and holding by purchase, gift, grant, devise or bequest or otherwise, and of selling, conveying or leasing any estate, real, personal or mixed, in value not exceeding the sum of twenty-five thousand dollars, for the use of said corporation and no other; and shall further hold for the use of said corporation, any estate, real or personal, heretofore conveyed to the members of the said board for that purpose, and shall be held liable for all debts of said corporation, as partners in trade, after the corporate property shall have been exhausted. SEC. 4. This act shall take effect and be in force from and after its passage. [ No. 149. ] AN ACT to incorporate the Clarkston Academical Institute.. SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Michigan, That Nelson Abby, Horatio Foster, Jr., David A. Wright, Amos Orton, William C. Scranton, Arthur Davis, Marcus W. Riker, George P. Thurston, Albert G. Robinson, Joseph Gambell, David McKnight, Arza C. Crosby, Alexander Turbush, Nelson W. Clark, Thomas Johnson, Jacob Walter and Edward Bartlett, together with such other persons as may be associated with them as members of the Clarkston Academical Association, or under this act are hereby created, shall be and they are hereby constituted and declared to be a body corporate and politic by the name of the Clarkston Academical Institute, which shall be located in the village of Clarkston, in the county of Oakland; and in their corporate name may sue and be sued, and may have a common seal which they may alter or renew at pleasure, and shall enjoy and may exercise all the powers rights and privileges which may appertain to corporate bodies for the purpose mentioned in this act; and all obligations and liabilities created or existing to or with said association, are hereby transferred to said incorporation, and may be enforced by said incorporation as fully as by said association. SEC. 2. The capital stock of said corporation shall not exceed the sum of six thousand dollars, and shall be divided into shares of ten dollars each: Provided, That the real estate which said corporation may hold shall only be such as shall be necessary for the object of said corporation. SEC. 3. The corporation hereby created shall be forever capable in law to purchase, take, receive, hold and enjoy, any estate real and personal whatever, to an amount not exceeding six thousand dollars, and to lease, sell and convey, or otherwise dispose of the same for the benefit of the stockholders. SEC. 4. There shall be forever hereafter seventeen trustees of said corporation, who shall be members thereof, and who shall manage all the affairs thereof; and the first trustees shall be Nelson W. Clark, president; Thomas Johnson, vice president; Edward Bartlett, secretary; Jacob Walter, treasurer; Nelson Abby, Horatio Foster, Jr., David A. Wright, Amos Orton, William C. Scranton, Arthur Davis, Marcus W. Riker, George P. Thurston, Albert G. Robinson, Joseph Gambell, David McKnight, Azra C. Crosby and Alexander Turbush, who shall hold their offices until the third Wednesday in August, 1850, and until others are elected in their places. SEC. 5. There shall be, on the third Wednesday in August, 1850, and on the third Wednesday in August in every succeeding year, a general meeting of the members of said corporation at some convenient place in the village of Clarkston, to be designated by the laws of said corporation; and a majority of the members who shall meet in person or by proxy, shall elect by ballot, a president, vice president, treasurer and secretary, and seventeen trustees of the said corporation, who shall constitute a board for the management of its affairs, who shall immediately enter upon the duties of their offices, and who shall hold the same from the time of their election until the third Wednesday in August of the ensuing year, and until others are chosen in their stead; and in case any of the trustees shall resign, die, refuse or neglect to act, then and in every such case the remaining trustees may elect by ballot other members of said corporation in their stead, who shall hold their offices in the same manner as those first elected. SEC. 6. Each member shall be entitled to one vote for each share of which he shall be holder; and the said trustees shall receive subscriptions for shares in said corporation until the capital stock may be subscribed; and said shares be assignable and transferable according to such rules as the board of trustees shall from time to time make and establish. SEC. 7. In case it should at any time happen, than [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 corpora tion 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 laws and ordinances of said corporation. SEC. 8. The trustees may by their by-laws make all necessary rules and regulations for calling special meetings, and changing the time of the annual meetings, and for the government and maintainance of said institute, and for no other purpose whatever; and a majority of the trustees shall constitute a quorum for the transaction of business. SEC. 9. A board of visitors shall be appointed annually by the trustees, whose duty it shall be to attend all examinations, and from time to time make a personal examination into the state of the institute in all its departments, and report the result to the trustees, suggesting such improvements as they may deem important. SEC. 10. It shall be the duty of the trustees to submit to the Superintendent of Public Instruction an annual report, exhibiting the number of pupils in the institute, and the condition thereof in all its departments, and he may submit the same to the Legislature in his annual report. SEC. 11. This act shall take effect from and after its passage. Approved March 25, 1850. [ No. 243. ] 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, Abner C. Smith, William Jenny, John Stephens, Horace H. Cady, John J. Traver and David Shook, 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;" and 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 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, real, personal or mixed estate, 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 Mt. Clemens, in the county of Macomb, an institution for the instruction and education of young persons. SEC. 3. There shall be six trustees of the said corporaton, 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, one thousand eight hundred and fifty, 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 may seem best. |