457.672 Incorporators; articles of association, execution, contents.

259 words·~1 min read·/mi/chapter-457/457-672

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Sec. 2.

Any 10 or more persons, residents, of this state, being members of said Lutheran Bund of the state of Michigan, including the president or vice-president, secretary and treasurer of said bund, may make and execute articles of association under their hands and seals, which articles of association shall be acknowledged before some officer authorized by law to take acknowledgments of deeds and shall set forth:

First, The names of the persons associating in the first instance and their places of residence;

Second, The corporate name by which such bund or association shall be known in the law;

Third, The names of the societies or associations associated together and at the time composing said bund;

Fourth, The object and purpose of such bund or association which shall be to promote the general welfare of the members of the bund, and to provide such visitation of the sick and afflicted members of the bund, and to provide such sick, death and funeral benefits for the members of the bund and their families, as may be from time to time provided by the constitution and by-laws of the bund;

Fifth, The period for which such bund is incorporated, which shall not exceed 30 years;

Sixth, The time and place where the next convention of such bund shall be held.

History: 1897, Act 179, Imd. Eff. May 29, 1897 ;-- CL 1897, 8136 ;-- Am. 1913, Act 66, Eff. Aug. 14, 1913 ;-- CL 1915, 10610 ;-- CL 1929, 10818 ;-- CL 1948, 457.672