Revised Statutes of 1846 (EXCERPT)
R.S. of 1846
LIBRARIES AND LYCEUMS.


450.691 Incorporation of library by proprietors; meeting; notice.

Sec. 1.

     Any 7 or more proprietors of a library may form themselves into a corporation, under such corporate name as they may adopt, for the purpose of enlarging, regulating, and using such library; and for that purpose the district or municipal court of the judicial district or municipality in which the library is located may, on the application of 5 or more of the proprietors, issue a warrant to 1 of them, directing him or her to call a meeting of the proprietors at the time and place expressed in the warrant, for the purpose of forming such corporation, and such meeting shall be called by posting up a notice containing the substance of such warrant, in at least 2 public places in the township where such library is kept, at least 7 days before the time of meeting.


History: R.S. 1846, Ch. 53 ;-- CL 1857, 1782 ;-- CL 1871, 3146 ;-- How. 4407 ;-- CL 1897, 8164 ;-- CL 1915, 10683 ;-- CL 1929, 10176 ;-- CL 1948, 450.691 ;-- Am. 1991, Act 146, Imd. Eff. Nov. 25, 1991





450.692 Libraries; proprietors; powers; proceedings, certificate; recording.

Sec. 2.

     Any 7 or more of the proprietors of such library, met in pursuance of such notice, may choose a president, a clerk, a librarian, collector, treasurer, and such other officers as they may deem necessary; and they may also determine upon the mode of calling future meetings of the proprietors; and the proceedings of such first meeting, containing a specification of the corporate name adopted by such proprietors, shall be certified by the clerk of such corporation, and recorded by the county clerk of the county within which the same is formed, who shall be entitled to receive 75 cents for recording the same.


History: R.S. 1846, Ch. 53 ;-- CL 1857, 1783 ;-- CL 1871, 3147 ;-- How. 4408 ;-- CL 1897, 8165 ;-- CL 1915, 10684 ;-- CL 1929, 10177 ;-- CL 1948, 450.692





450.693 Libraries; powers of corporation; governing law.

Sec. 3.

     When such proprietors shall be organized as a corporation in the manner hereinbefore provided, they shall have all the powers and privileges, and be subject to all the duties of a corporation, according to the provisions of chapter 55, so far as such provisions shall be applicable in such case, and not inconsistent with the provisions of this chapter.


History: R.S. 1846, Ch. 53 ;-- CL 1857, 1784 ;-- CL 1871, 3148 ;-- How. 4409 ;-- CL 1897, 8166 ;-- CL 1915, 10685 ;-- CL 1929, 10178 ;-- CL 1948, 450.693
Compiler's Notes: For provisions of chapter 55, referred to in this section, see MCL 450.504 et seq.





450.694 Libraries; collector and treasurer, bond.

Sec. 4.

     The treasurer and collector shall give bond to such corporation, with sufficient sureties, to the satisfaction of the president, for the faithful discharge of their duties.


History: R.S. 1846, Ch. 53 ;-- CL 1857, 1785 ;-- CL 1871, 3149 ;-- How. 4410 ;-- CL 1897, 8167 ;-- CL 1915, 10686 ;-- CL 1929, 10179 ;-- CL 1948, 450.694





450.695 Libraries; shares, assessment and transfer; holding of property.

Sec. 5.

     The said proprietors may raise such sums of money by assessment on the shares as they shall judge necessary for the purpose of preserving, enlarging and using the library; and the shares may be transferred according to such regulations as they may prescribe, and such corporation may hold (and may acquire by gift, grant, bequest or devise) real and personal estate to any amount not exceeding (25,000 dollars), in addition to the value of their books; (and may hold in trust property granted, bequeathed or devised as may be prescribed by the grantor or testator; and may be the beneficiaries of trusts created for their benefit.)


History: R.S. 1846, Ch. 53 ;-- CL 1857, 1786 ;-- CL 1871, 3150 ;-- How. 4411 ;-- CL 1897, 8168 ;-- Am. 1899, Act 10, Imd. Eff. Mar. 2, 1899 ;-- CL 1915, 10687 ;-- CL 1929, 10180 ;-- CL 1948, 450.695



OF LYCEUMS.


450.696 Libraries; organization; powers.

Sec. 6.

     Any 15 or more persons, in any township or county within this state, who shall by writing associate for the purpose of mental improvement, and the promotion of education, may form themselves into a corporation by the name of "the lyceum of .....," (the name of the place where the meetings of the corporation are to be holden) by calling their first meeting and being organized in like manner as is provided in this chapter, in the case of library corporations, and every lyceum, upon becoming a corporation as aforesaid, shall have, during the pleasure of the legislature, all the like rights, powers, and privileges, as the proprietors of such libraries, and may hold real and personal estate, not exceeding 6,000 dollars.


History: R.S. 1846, Ch. 53 ;-- CL 1857, 1787 ;-- CL 1871, 3151 ;-- How. 4412 ;-- CL 1897, 8169 ;-- CL 1915, 10688 ;-- CL 1929, 10181 ;-- CL 1948, 450.696



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Michigan Compiled Laws Complete Through PA 5 of 2025
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