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Section amended.

Corporate powers.

Proviso, pay

ment for

surety bonds.

[No. 25.]

AN ACT to amend section four of act number two hundred five of the Public Acts of eighteen hundred eighty-seven, entitled "An act to revise the laws authorizing the business of banking, and to establish a banking department for the supervision of such business," being section six thousand ninety-three of the Compiled Laws of eighteen hundred ninety-seven, as amended by act number eleven of the Public Acts of nineteen hundred thirteen, to enable State banks to become member banks under the federal reserve act.

The People of the State of Michigan enact:

SECTION 1. Section four of act number two hundred five of the Public Acts of eighteen hundred eighty-seven, entitled "An act to revise the laws authorizing the business of banking, and to establish a banking department for the supervision of such business," being section six thousand ninetythree of the Compiled Laws of eighteen hundred ninety-seven, as amended by act number eleven of the Public Acts of nineteen hundred thirteen, is hereby amended to read as follows:

SEC. 4. Upon making and filing the articles of incorporation required by this act the bank shall become a body corporate, and as such shall have power:

First, To adopt and use a corporate seal;

Second, To have succession for the period of years named in the articles of incorporation;

Third, To make contracts;

Fourth, To sue and be sued in any court of law or equity as fully as natural persons;

Fifth, To elect or appoint directors, who shall choose from their members a president and one or more vice presidents, and shall have power to appoint and employ a cashier or treasurer, and other officers, define their duties, dismiss such officers so elected or appointed, or any of them, at pleasure, and elect or appoint others to fill their places, and the board of directors shall require every officer and every clerk concerned in the handling of moneys, accounts and securities of the bank to be bonded either by a surety company authorized to do business in the State of Michigan or by a personal bond in such an amount as shall be determined by the board of directors: Provided, That the bank shall pay for any surety bonds required of its employes;

Sixth, To prescribe by its board of directors by-laws not inconsistent with law, regulating the manner in which its stock shall be transferred, its directors and officers elected or appointed, its stockholders convened for special meetings, its

property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed;

reserve of

Seventh, To exercise by its board of directors or duly authorized officers or agents, subject to law, all such power as shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, drafts, bills of exchange and other evidences of debts, by receiving deposits, by buying and selling exchange, coin and bullion, and by loaning money on personal and real security, as provided hereinafter, to purchase capital stock in a federal reserve bank, or do any other act required to be done by a bank to become a member bank under the federal reserve act passed by the sixty-third congress of the United States, or any amendment thereto: Provided, however, That the amount of Proviso, reserve required to be kept on hand by any such bank be- member bank. coming a member bank under the said federal reserve act shall be as fixed by said federal reserve act or any amendment thereto, and not as fixed by the provisions of this act; but no such bank shall take or receive more than the rate of interest allowed by law in advance on its loans and discounts: Provided, That this restriction shall not authorize Proviso, no any transaction for a less sum than fifty cents; and no bank for less than shall transact any business except such as is incidental and fifty cents. necessarily preliminary to its organization until it has been Commenceauthorized by the Commissioner of the Banking Department business. to commence the business of banking. Approved March 25, 1915.

transactions

ment of

[No. 26.]

AN ACT to repeal act number one hundred eighty-one of the Public Acts of one thousand eight hundred ninety-seven, being compiler's section number four thousand seven hundred ninety-one of the Compiled Laws of one thousand eight hundred ninety-seven, entitled "An act to prescribe and define a course of studies to be taught in the district schools in this State which shall be known as the agricultural college course."

The People of the State of Michigan enact:

SECTION 1. Act number one hundred eighty-one of the Act repealed. Public Acts of one thousand eight hundred ninety-seven, being compiler's section number four thousand seven hundred ninety-one of the Compiled Laws of one thousand eight hundred ninety-seven, entitled "An act to prescribe and define a course of studies to be taught in the district schools of this State which shall be known as the agricultural college course," is hereby repealed.

Approved March 30, 1915.

Section amended.

Corporate powers.

Proviso, pay

ment for

surety bonds.

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The People of the State of Mici ·

SECTION 1. Section four of act num
of the Public Acts of eighteen hundre
"An act to revise the laws authorizing
ing, and to establish a banking depe
vision of such business," being secti
three of the Compiled Laws of eigh
en, as amended by act number elev
nineteen hundred thirteen, is her
follows:

SEC. 4. Upon making and fili
tion required by this act the b
porate, and as such shall have ;

First, To adopt and use a co
Second, To have succession
in the articles of incorporati
Third, To make contrac
Fourth, To sue and be
as fully as natural person
Fifth, To elect or app
their members a presid
and shall have power
treasurer, and other
officers so elected o
and elect or appoin
of directors shall
cerned in the har
the bank to be b
to do business
bond in such a
of directors: ·
surety bonds

Sixth, To p consistent v shall be ti

pointed.

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all be an executive officer of the on for the purposes of this act, supervision and control of said ire time to the enforcement of all Duties of commissioner. g to game and fish, birds, forest which are in any manner subject blic Domain Commission or under

of this act or any subsequent act, of his duties as herein prescribed he Supervisory control of the Public Dossess all of the powers and be vested Powers and ity relative to the enforcement of any ssessed by the Public Domain Commis

authority.

expenses.

e, Fish and Forest Fire Commissioner so eive such salary, not exceeding three thou- Salary and dollars per year, together with his necesle in the performance of his said duties. Domain Commission shall determine, which enses shall be paid from any moneys in the

not otherwise appropriated. The said Game, Term of office. st Fire Commissioner shall hold the position so appointed during such period as the PubCommission shall determine, which period shall such appointment, but shall not exceed a period ars for any one term, but shall hold said office Successor is appointed and qualified.

of commis

assistant.

and deputies.

The Game, Fish and Forest Fire Commissioner Qualifications special assistant who may be appointed by the Pub- sioner and main Commission under the provisions of this act or isting law, shall be chosen from among men known to sa general and practical knowledge of the duties and governing the position to which they are so appointed, Assistants d all special assistants and deputy game, fish and forestry Sardens shall be chosen and appointed for such time and under such civil service rules as the Public Domain Commission shall devise which will not be inconsistent with the statute under which such appointments are made: Provided. That Proviso, apany person appointed to any position by authority vested in and removals. Public Domain Commission by this or any subsequent

pointments

Section amended.

Voluntary patients, how admitted.

[No. 27.]

AN ACT to amend section one of act number eighty-one of the Public Acts of nineteen hundred thirteen, entitled "An act to provide for the treatment in certain institutions of this State of persons desiring and applying for treatment for mental disorders."

The People of the State of Michigan enact:

SECTION 1. Section one of act number eighty-one of the Public Acts of nineteen hundred thirteen, entitled "An act to provide for the treatment in certain institutions of this State of persons desiring and applying for treatment for mental disorders," is hereby amended to read as follows:

SEC. 1. The medical superintendent or keeper of any institution, public or private, to which insane persons may be committed, may, when there is room for such voluntary patients therein, after providing ample accommodation for all public and private patients entitled to admission to said. institution, receive and detain as a boarder and patient, any resident of this State who is desirous of submitting himself to treatment as a patient, and who makes written application therefor, and whose mental condition is such as to render him competent to make such application: Provided, The probate judge. approval of the judge of probate of the county in which such person resides shall be obtained in writing and such person shall not be detained for more than three days after having given notice in writing of his intention or desire to leave such institution. The rate of charge for insane patients, and the rules for admission of insane patients so far as not inconsistent, shall apply to such voluntary patients. Approved March 30, 1915.

Proviso,

approval of

Release.

Rate of

charge, etc. Rules for admission.

Transfer of

powers and duties.

[No. 28.]

AN ACT to provide for the transfer of the powers and duties of the State, Game, Fish and Forestry Warden to the Public Domain Commission, and to define the powers and duties of the Public Domain Commission in relation thereto, and to repeal all acts or parts of acts which conflict therewith.

The People of the State of Michigan enact:

SECTION 1. From and after the thirtieth day of June, nineteen hundred fifteen, all powers and duties imposed by law upon the State Game, Fish and Forestry Warden and in

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