limited. for cemetery. the meetings of the fraternity of Pocahontas Tribes of Improved Order of Red Men; and for that purpose may create a capital stock Capital stock of not more than five thousand dollars, to be divided into shares of not more than ten dollars each; and any such corporation may May own ground take, purchase, hold, and own such suitable lot or parcel of ground as may be convenient for the purpose of a cemetery, and may make all lawful rules and regulations for the disposition of lots, and the burial of the dead therein, as to such corporation may seem proper. mer law. (3256.) SEC. 4. All corporations formed under this act shall be Subject to forsubject to the provisions of chapter seventy-three, of the Compiled Laws of this State, so far as the same may be applicable to corporations formed under this act, and the Legislature may alter or amend this act at any time. SEC. 5. This act shall take immediate effect. CHAPTER CXXIII. SOCIETIES OF MARKSMEN. An Act for the incorporation of societies of marksmen. [Approved March 39, 1869. Laws of 1869, p. 120.] authorized. (3257.) SECTION 1. The People of the State of Michigan enact, Incorporation That corporations may be organized under the provisions of this act, for the improvement and perfection of marksmen, subject to the provisions hereinafter set forth. corporators. (3258.) SEC. 2. That any five or more persons who may desire to Number of become incorporated for the purpose set forth in section one, may execute under their hands, and acknowledge before some person . within this State authorized to take the acknowledgment of deeds, ment, where ed. one or more duplicate articles of agreement as hereinafter speciArticles of agree-fied; one copy whereof shall be filed and recorded in the office of filed and record the Secretary of State, and a record shall be made of such articles, or a certified copy thereof, in the clerk's office of the county in this State in which the office of said association, for the transacBody politic and tion of business, may be located; and upon the execution and acknowledgment of such articles, the signers thereof, and those who may thereafter become associated with them, shall become a body politic and corporate, for the purposes set forth in such articles. corporate. Articles shall contain. Directors. (3259.) SEC. 3. The articles of such association shall contain: First. The names of the persons associating in the first instance, and their places of residence; Second. The name of such corporation, and the place where its office for the transaction of business is located, and the period for which it is incorporated, not exceeding thirty years; Third. The object for which it is organized; Fourth. The number of directors and regular officers, and the time and place for holding its annual meeting; Fifth. The terms and conditions of membership therein. (3260.) SEC. 4. The affairs of said corporation shall be managed Terms of office. by not less than five, or more than twenty directors, to be chosen for such period and in such manner as the by-laws of such corporation shall provide, and who shall hold their offices until their successors are chosen and qualified. The officers may be chosen, and the by-laws of such corporation adopted and changed, by the directors, as the articles or by-laws may prescribe; a majority of the directors shall be a quorum to transact business; all of such directors shall be residents of the State of Michigan. Powers of. Quorum of. Real estate. Funds received, how used. (3261.) SEC. 5. No such corporation shall have power to take or hold any real estate, except such as may be necessary for the transaction of its business; (3262.) SEC. 6. All the funds received by such corporation shall be used in the first instance, or shall be invested, and the income thereof used after paying necessary expenses, for the exclusive purpose set forth in the articles of association, and no portion thereof shall be used for any such purpose, except within the State; and no portion of the funds of any such incorporation shall be used or contributed towards the erection, completion, or furnishing of any Limit to amount building not owned or used by said corporation. Such corporation corporation may may take by gift, purchase, or devise, property (exclusive of that actually used and necessary for the transaction of its business), to of property take, etc. an amount not exceeding fifty thousand dollars, and it shall be (3263.) SEC. 7. No two such associations, incorporated under this Not to duplicateact, shall transact business under the same name. name. ed capital. (3264.) SEC. S. Every association organized under the provisions Tax upon investof this act, shall pay to the State Treasurer, on or before the second Monday of January, in each year, during its corporate existence, one per cent upon its capital actually invested, deducting the real estate held by such association, which amount shall be in lieu of all other taxes or assessments. All real estate owned by such associa- Tax upon real tion, may be taxed as other real estate in the city, village, or township where the same may be situated. estate. CHAPTER CXXIV. GYMNASTIC ASSOCIATIONS. An Act to authorize the formation of gymnastic associations. [Approved March 15, 1861. Laws of 1861, p. 446.] association (3265.) SECTION 1. The People of the State of Michigan enact, Articles of That any ten or more persons, inhabitants of this State, who shall desire to form a gymnastic association in any village, town, or city To be filled. cles. of this State, may make, sign, and acknowledge duplicate articles of association, before any officer authorized to take acknowledgments of deeds in this State, and file the same in the office of the Secretary of State, and in the office of the clerk of the county in which the business of the association is to be conducted, in which Contents of arti- articles shall be stated the name by which such association shall be known in law, the particular business and objects of such association, the place in which such association shall conduct its business and have its gymnasium, the number of directors or managers who shall manage the same, and the names of such directors or managers, and of the officers of such association, who shall serve until the election of such directors, or managers and officers, hereafter provided for. Body corporate. Proviso. Common seal. Powers of corporation. Powers to make by-laws, etc. Previso. Officers. (3266.) SEC. 2. Upon filing such articles of association, as aforesaid, the persons who shall have signed the same, their associates and successors, shall thereupon and by virtue of this act become a body politic and corporate, by the name stated in such articles: Provided, No two associations shall assume the same name; and by that name they and their successors shall and may have succession, and shall be persons in law capable of suing and being sued, and they and their successors may have and use a common seal, and the same may alter and change at pleasure; and they and their successors, by their corporate name, shall in law and equity be capable of taking and receiving real and personal estate, either by purchase, gift, grant, devise, lease, or bargain and sale, devise and bequest, for the purpose of their incorporation, but for no other purpose, and the same at pleasure grant, bargain, mortgage, sell or lease for the use of said association; but said association shall have power to use any surplus income for the purchase and maintenance of a library, or for any other purpose for intellectual improvement. (3267.) SEC. 3. The said association shall have full power, from time to time, to make all such needful rules, regulations, and by-laws as may be deemed expedient regarding the admission and expulsion of members, their initiation or other fees and assessments, and all such other matters as may be deemed proper or requisite for the government of such association, and to carry into effect the objects thereof: Provided, The same be not inconsistent with the laws and constitution of this State. (3268.) SEC. 4. The officers of the said association shall consist of a president, vice-president, secretary, and treasurer, to be elected by ballot on the last Monday of October (or the first Tuesday in April) in each and every year, who shall hold their offices for the term of one year from the first day of November next succeeding their clection, in case they are elected on the last Monday of October; but in case they are elected on the first Tuesday in April, Term of office. they shall hold their offices for the term of one year from the date of such election, or until their successors are elected; and in case Vacancies. of a vacancy occurring, the board of managers, her after provided for, shall notify the members of the association in such a way as the association may provide by by-law, and appoint a time and place to fill the same, at which time the association may fill such vacancy. The duties of the aforesaid officers shall be such as the By-laws. association shall provide by its rules, regulations, or by-laws, and they, or either of them, shall give such security for the faithful performance of their duties as may be required of them under the regulations and by-laws of the association. The association may provide for the election of two persons, who shall act as inspectors of elections at all elections for officers, whose terms of office shall be the same as the other officers of said association.1 gers. (3269.) SEC. 5. There shall be a board of managers, consisting of Board of mananot less than seven members, including the president, vice-president, secretary, and treasurer, who shall be members of said board during their terms of office, elected by ballot by said association at the same time that the other officers are elected, and who shall hold their office from and during the same time as the other officers; said board, of which a majority thereof shall constitute a quorum, shall manage the property and concerns of said association as will best promote the objects thereof, and in such way as may be deemed by them necessary for the proper management of said association; they shall have charge of the gymnasium, other property and finances of the association, and transact all business appertaining to the same.' association ad dence. duties of a880 (3270.) SEC. 6. The articles of association, filed as required by Articles of this act, or a copy thereof, certified by the officer with whom they mitted as eviare so filed, may be given in evidence in any court in this State, for or against said association; said association shall have all the Powers and powers and privileges, and be subject to the duties of a corporation, ciations. according to the provisions of chapter fifty-five, title ten, of the Revised Statutes of eighteen hundred and forty-six, so far as the same may be applicable to associations formed under this act. SEC. 7. This act shall take effect immediately. 1 As amended by Act 133 of the Laws of 1871, p. 208, approved and took effect April 15, |