484.152 Telegraph companies; certificate of organization, contents, filing.

216 words·~1 min read·/mi/chapter-484/484-152

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 2.

Such persons, under their hands and seals, shall make a certificate which shall specify:

1st. The name assumed to distinguish such association, and to be used in its dealings, and by which it may sue and be sued;

2nd. The general route of the line of telegraph, designating the points to be connected;

3rd. The capital stock of such association, and the number of shares into which the stock shall be divided;

4th. The names and places of residence of the shareholders, and the number of shares held by each of them respectively;

5th. The term of its existence, not to exceed 30 years; which certificate shall be proved or acknowledged, and recorded in the office of the clerk of the county where any office of such association shall be established, and a copy thereof filed in the office of the secretary of state; such acknowledgment may be taken by any officer authorized to take the acknowledgment of deeds of real estate, at the place where such acknowledgment is taken.

History: 1851, Act 59, Imd. Eff. Mar. 20, 1851 ;-- CL 1857, 2050 ;-- CL 1871, 2626 ;-- How. 3694 ;-- CL 1897, 6668 ;-- CL 1915, 8768 ;-- CL 1929, 11664 ;-- CL 1948, 484.152