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stock, may increase.

come thereof, or any part thereof, to secure the payment of any debt contracted or to defray any expenditure by the company for the purpose aforesaid. And the directors of any such company may confer on any holder of any such bond or obligation the right to convert the same into the stock of said company at any time not exceeding ten years from the date of said bonds, on such terms and under such regulations as the company may see fit to adopt; and said company may sell their bonds or obligations, either within or without this state, at such rates and prices as they may deem proper. Any such company may at any time with the concurrence of Capital the stockholders representing a majority of the stock, a majority in value of stockholders, at any annual meeting, or at any special meeting of the stockholders called for that purpose, increase its capital stock, or provide for the issue of preferred or secured stock for the purpose aforesaid, upon such terms and conditions as to them may seem meet. case the capital stock of any such company or corporation organized under this act shall be found insufficient for constructing or operating its road, bridge or tunnel, or for building a double track, repairs or other improvements to facilitate the transportation of persons or property, such corporation may, with the concurrence of two-thirds in value of all its stock, increase its capital stock from time to time to any amount required for the purpose aforesaid; such increase shall be by a vote in person or by proxy of two-thirds in amount of all the stock of such corporation at a meeting of the stockholders called by the directors of the corporation for such purpose, by giving notice in writing to each stockholder, to be served personally, or by depositing the same in a post office, directed to the post office address of each of said stockholders severally, with necessary postage for the transmittal of the same prepaid, at least sixty days prior to the day appointed for such meeting, and by advertising the same in some newspaper published in each county through or into which the said road, bridge or tunnel shall run or be intended to run, or if a newspaper shall not be published therein, then such meeting shall be advertised in two newspapers published in the city of Detroit, at least sixty days prior to the day appointed for such meeting; and such notice shall state the time and place of the meeting, the object thereof, and the amount to which it is proposed to increase such capital stock, and at such meeting the corporate stock of such corporation may be so increased by a vote of twothirds in amount of the corporate stock of such corporation, to an amount not exceeding that mentioned in the notice so given. The increased capital stock so authorized may be disposed of by the board of directors as provided in section one of article two hereof.

Approved April 9, 1925.

Section amended.

Council proceedings, record of, etc.

Publication

of.

[No. 43.]

AN ACT to amend section five of chapter five of act number three of the public acts of eighteen hundred ninety-five, entitled "An act to provide for the incorporation of vil. lages within the state of Michigan and defining their powers and duties," as amended, and being section two thousand six hundred twenty-three of the compiled laws of nineteen hundred fifteen.

The People of the State of Michigan enact:

SECTION 1. Section five of chapter five of act number three of the public acts of eighteen hundred ninety-five, entitled "An act to provide for the incorporation of villages within the state of Michigan and defining their powers and duties," as amended, and being section two thousand six hundred twenty-three of the compiled laws of nineteen hundred fifteen, is hereby amended as follows:

SEC. 5. The council shall prescribe the rules of its own proceedings, and shall keep a record thereof. All meetings and sessions of the council shall be public. A majority of the trustees shall be a quorum for the transaction of business; a less number may adjourn from time to time and compel the attendance of absent members in such manner as shall be prescribed by ordinance. But no office shall be created or abolished nor any tax or assessment be imposed; street, alley or public ground be vacated, real estate or any interest therein purchased, leased, sold, or disposed of, or any public improvement ordered, unless by a concurring vote of two-thirds of all the trustees elect, which vote shall be taken by yeas and nays, and entered upon the journal; no money shall be appropriated except by ordinance or resolution of the council, nor shall any such ordinance be passed, nor any resolution appropriating money be adopted, except by a concurring yea and nay vote of two-thirds of all the trustees elect. Within fifteen days after any meeting of the council, all the proceedings had or taken at such meeting, together with the vote of the various members of the board of trustees shall be published in a newspaper published in said village, if there be one therein.

Approved April 9, 1925.

[No. 44.]

AN ACT to amend section forty of chapter thirty-five of act number three hundred fourteen of the public acts of nineteen hundred fifteen, entitled "An act to revise and consolidate the statutes relating to the organization and jurisdiction of the courts of this state; the powers and duties of such courts, and of the judges and other officers thereof; the forms of civil actions; the time within which civil actions and proceedings may be brought in said courts; pleading, evidence, practice and procedure in civil actions and proceedings in said courts; to provide remedies and penalties for the violation of certain provisions of this act; and to repeal all acts and parts of acts inconsistent with, or contravening any of the provisions of this act," being section thirteen thousand four hundred thirty-two of the compiled laws of nineteen hundred fifteen, as amended by act number one hundred sixty-five of the public acts of nineteen hundred twenty-one.

The People of the State of Michigan enact:

amended.

SECTION 1. Section forty of chapter thirty-five of act Section number three hundred fourteen of the public acts of nineteen hundred fifteen, entitled "An act to revise and consolidate the statutes relating to the organization and jurisdiction of the courts of this state; the powers and duties of such courts, and of the judges and other officers thereof; the forms of civil actions; the time within which civil actions and proceedings may be brought in said courts; pleading, evidence, practice and procedure in civil actions and proceedings in said courts; to provide remedies and penalties for the violation of certain provisions of this act; and to repeal all acts and parts of acts inconsistent with, or contravening any of the provisions of this act," being section thirteen thousand four hundred thirty-two of the compiled laws of nineteen hundred fifteen, as amended by act number one hundred sixty-five of the public acts of nineteen hundred twenty-one, is hereby amended to read as follows:

account.

SEC. 40. Every county treasurer shall keep an accurate County treasaccount of all moneys paid to him on account of fines, penal- urer to keep ties, and forfeitures, and shall credit all fines for the violation of the penal laws to the library fund and all other fines, penalties and forfeitures to the general fund; and he shall account therefor to the board of supervisors at each annual meeting of such board. And in case of the sale of any real estate upon an execution upon judgment rendered for the breach of any recognizance in any criminal case it shall be the duty of the county treasurer, in case there are no bidders to the full amount of any such judgment or the value of the property advertised, to bid off the same; and in case the same shall not be redeemed within the time allowed by law for the re

Proviso, "county law library fund."

demption thereof, to sell the same for the best price he can
obtain therefor and place the money received in the general
fund: Provided, That in counties having a population of not
less than fifty thousand inhabitants and not exceeding five
hundred thousand inhabitants according to the last federal
census, the county treasurer shall credit annually all fines,
penalties and forfeitures, other than those for the violation of
the penal laws, to a fund to be known as the "county law li-
brary fund," up to but not exceeding the sum of fifteen hundred
dollars in any one year. All moneys so credited to the county
law library fund shall be paid out by the county treasurer
upon the order of the circuit or probate judge or judges
elected in said county for the purpose of establishing and
maintaining a law library for the use of the circuit and pro-
bate courts of such county and for the officers of such courts
and persons having business in such courts.
Approved April 9, 1925.

Section amended.

Township officers'

guide.

[No. 45.]

AN ACT to amend section two of act number three hundred five of the public acts of nineteen hundred fifteen, entitled "An act to prescribe the duties of the secretary of the senate and the clerk of the house of representatives during the interim of sessions of the legislature, to fix their compensation, and to make an appropriation therefor," being section eighteen of the compiled laws of nineteen hundred fifteen, as amended by act number three hundred sixtyseven of the public acts of nineteen hundred seventeen.

The People of the State of Michigan enact:

SECTION 1. Section two of act number three hundred five of the public acts of nineteen hundred fifteen, entitled "An act to prescribe the duties of the secretary of the senate and the clerk of the house of representatives during the interim of sessions of the legislature, to fix their compensation, and to make an appropriation therefor," being section eighteen of the compiled laws of nineteen hundred fifteen, as amended by act number three hundred sixty-seven of the public acts of nineteen hundred seventeen, is hereby amended to read as follows:

SEC. 2. The secretary of the senate and the clerk of the house of representatives shall, during the interim of the regular sessions of the legislature of nineteen hundred twentyfive and nineteen hundred twenty-seven, prepare and publish, in book form, all existing laws of this state concerning the powers and duties of township officers, with suitable forms to be a guide for such township officers in the performance

of their duties, and to be known as the township officers' guide. The style of printing and binding of the township style of officers' guide shall be similar to that of the public acts as printing, etc. published at the present time. The books shall be branded and distributed as were the copies of the last edition of the township officers' guide. The secretary of the senate and the clerk of the house of representatives are hereby authorized to employ clerical assistance during the time necessary to perform the work provided for by this section. The printing and binding of the said guide and any other printing in connection with the work shall be done on requisition of the secretary of the senate and the clerk of the house of representatives by order of the board of state auditors, the same as other state printing is done.

Approved April 9, 1925.

[No. 46.]

AN ACT to authorize boards of supervisors to make appropriations to subsidize private institutions or agencies functioning within the state of Michigan for the benefit of various classes of people needing special care, training or treatment.

The People of the State of Michigan enact:

purpose.

SECTION 1. The board of supervisors of each county in May appro this state is hereby authorized and empowered, subject to the priate, provisions of this act, to appropriate such sums of money as it may deem advisable to subsidize private charitable institutions or agencies rendering service to people residing within the state who might otherwise become public charges. SEC. 2. No such appropriation of funds shall be legal un- Legality. less the institution or agency for which the appropriation is made, is incorporated under the laws of this state, is unde. nominational and is so organized that its benefits are available to any person regardless of nationality, residing in the state. Each and every institution or agency which benefits by an appropriation made by any board of supervisors shall keep an accurate record and account of all moneys received and expended and file a report of its expenditures at the October session of the board of supervisors following the appropriation. The books containing the receipt and expenditure of funds for the care, training or treatment of its inmates shall be available to any citizen of this state.

SEC. 3. It shall be lawful for any board of supervisors Traveling through a committee appointed by it or through its county expenses. agent or probate judge, to pay the traveling expenses of any individual to and from any such institution or agency within

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