[No. 48.] AN ACT to amend section forty-eight-A of act number one hundred eighty-three of the Public Acts of eighteen hundred ninety-seven, entitled "An act to provide for the appointment, and to fix the term of office, duties and compensation of circuit court stenographers in the State of Michigan," approved May twenty-ninth, eighteen hundred ninety-seven, as amended. The People of the State of Michigan enact: SECTION 1. Section forty-eight-A of act number one hun- Section dred eighty-three of the Public Acts of eighteen hundred amended. ninety-seven, entitled "An act to provide for the appointment, and to fix the term of office, duties and compensation of circuit court stenographers in the State of Michigan," approved May twenty-ninth, eighteen hundred ninety-seven, as amended, is hereby amended so as to read as follows: circuit. SEC. 48-A. In the thirty-sixth circuit of the State of Michi- Thirty-sixth gan the stenographer shall be paid the annual salary of fifteen hundred dollars. This act is ordered to take immediate effect. [No. 49.] AN ACT to amend sections seven, twenty and twenty-five of chapter three; section four of chapter seven and section four of chapter eight, of act number one hundred sixty four of the public acts of eighteen hundred eighty-one, entitled "An act to revise and consolidate the laws relating to public instruction and primary schools, and to repeal all statutes and acts contravening the provisions of this act," being compiler's sections four thousand six hundred seventy-two, four thousand six hundred eighty-five, four thousand six hundred ninety-one, four thousand seven hundred twenty-four, and four thousand seven hundred thirty-one of the Compiled Laws of eighteen hundred ninety-seven. The People of the State of Michigan enact: amended. SECTION 1. Sections seven, twenty and twenty-five of chap- Sections ter three; section four of chapter seven and section four of chapter eight of act number one hundred sixty-four of the public acts of eighteen hundred eighty-one, entitled "An act to revise and consolidate the laws relating to public instruction and primary schools, and to repeal all statutes and acts contravening the provisions of this act," being compiler's sections four thousand six hundred seventy-two, four thousand six hundred eighty-five, four thousand six hundred ninety-one, four thousand seven hundred twenty-four, and four thousand seven hundred thirty-one of the Compiled Laws of eighteen hundred ninety-seven, are hereby amended so as to read as follows: Board to purchase books. Duties of moderator. Duties of treasurer. CHAPTER III. SEC. 7. The said district board shall purchase a record book and such other books, blanks and stationery as may be necessary to keep a record of the proceedings of the district meetings and of the meetings of the board, the accounts of the treasurer, and for doing the business of the district in an orderly manner. SEC. 20. It shall be the duty of the moderator of each school district: First, To preside, when present, at all meetings of the' district and of the board; Second, To countersign all orders legally drawn by the director upon the treasurer for moneys to be disbursed by the district, and all warrants of the director upon the township treasurer for moneys raised for district purposes, or apportioned to the district by the township clerk; Third, To cause an action to be prosecuted in the name of the district on the treasurer's bond, in case of any breach of any condition thereof; Fourth, To perform such other duties as are or shall be by law required of the moderator. SEC. 25. It shall be the duty of the treasurer of each school district: First, To execute to the district and file with the director, within ten days after his election or appointment, a bond in double the amount of money to come into his hands as such treasurer during his term of office, as near as the same can be ascertained, with two sufficient sureties, who shall be residents of the same county, and each of whom shall be required to justify under affidavit, to the amount of said bond unless the treasurer shall furnish a bond of some surety company authorized to do business in this State, to be approved by the moderator and director, conditioned for the faithful application of all moneys that shall come into his hands by virtue of his office, and to perform all the duties of his said office as required by the provisions of this act. Said bond shall be filed with the director, and none of the books or money of the district shall be placed in the hands of the treasurer until his bond has been tiled, and in case of any breach of the condition thereof, the moderator shall cause a suit to be commenced thereon in the name of the district, and any moneys collected thereon shall be paid into the township treasury, subject to the order of the district officers, and shall be applied to the same purposes as the moneys lost should have been applied by the treasurer; Second, To pay all orders of the director, when lawfully drawn and countersigned by the moderator, out of any moneys in his hands belonging to the fund upon which such orders may be drawn; Third, To keep a book in which all the moneys received and disbursed shall be entered, the sources from which the same have been received, and the persons to whom and the objects for which the same have been paid; Fourth, To present to the district board at the close of the school year a report in writing, containing a statement of all moneys received during the preceding year, and of each item of disbursements made, and exhibit the voucher therefor; Fifth, To appear for and on behalf of the district in all suits brought by or against the same, when no other directions shall be given by the qualified voters in district meeting, except in suits in which he is interested adversely to the district, and in all such cases the moderator shall appear for such district, if no other direction be given as aforesaid; Sixth, At the close of his term of office to settle with the district board, and deliver to his successor in office all books, vouchers, orders, documents and papers belonging to the office of treasurer, together with all district moneys remaining on hand; Seventh, To perform such other duties as are or shall be by law required of the treasurer. CHAPTER VII. certify to SEC. 4. Whenever any final judgment shall be obtained Treasurer to against a school district, if the same shall not be removed to judgment. any other court, the treasurer of the district shall certify to the supervisor of the township and to the director of the district the date and amount of such judgment, with the name of the person in whose favor the same was rendered, and if the judgment shall be removed to another court, the treasurer shall certify the same as aforesaid, immediately after the final determination thereof against the district. CHAPTER VIII. meeting of SEC. 4. Thirty days' previous notice of the time when and Notice of the place where such jury will assemble shall be given by the jury. district board of such district, where the owner or owners of such real estate shall be unknown, non-residents of the county, minors, insane, non compos mentis, or inmates of any prison, by publishing the same in a newspaper published in the county where such real estate is situated; or if there be no newspaper published in such county, then in some newspaper published in the nearest county where a newspaper is published, once in each week for four successive weeks, which notice shall be signed by the district board or by the director or treasurer of Act amended. Companies may consolidate. Directors may enter into agreement. [No. 50.] AN ACT to amend act number one hundred twenty-eight of the session laws of eighteen hundred ninety-nine, entitled "An act to authorize the consolidation of street railway, electric light and gas light companies, or any two thereof." The People of the State of Michigan enact: SECTION 1. Act number one hundred twenty-eight of the session laws of eighteen hundred ninety-nine, entitled "An act to authorize the consolidation of street railway, electric light and gas light companies, or any two thereof," is hereby amended so as to read as follows: SEC. 1. Any company organized under chapter ninetyfive of Howell's Annotated Statutes of Michigan, entitled "Street Railway Companies" and any company organized under chapter one hundred twenty-seven of said statutes, entitled "Electric Light Companies" and any company organized under chapter one hundred twenty-six of said statutes, entitled "Gas Light Companies" or any two thereof, may consolidate, each with the others, where such companies are organized, in operation and located, and carry on business in the same towns, cities or villages, and may form a single corporation. And for this purpose the directors of said three corporations, or any two of said corporations, may enter into an agreement under the corporate seal of each, for the consolidation of the said three corporations, or any two thereof, prescribing the terms and conditions thereof, the mode of carrying the same into effect, the name of the new corporation, the number of directors thereof, and the names of those who shall What deemed be the first directors, which shall be deemed and taken to be the first election of the directors of the consolidated company, which number shall not be less than three nor more than seven, the time and place of holding the first election of directors after the consolidation, which time shall not exceed six months after such consolidation has been sanctioned by the stockholders of said three corporations, or any two thereof, so consolidating, as hereinafter provided, the number of shares of capital stock in the new corporation, the amount of each share, the manner of converting the shares of capital first election. new corpora how approved. stock in each of said three corporations, or any two thereof, into shares in such new corporation, with such other details as they shall deem necessary to perfect such consolidation of said corporations, and such new corporation shall possess all Powers of the powers, rights and franchises conferred upon such three tion. corporations, or any two thereof, so consolidated, and shall be subject to all the restrictions, and perform all of the duties imposed by the provisions of their respective charters or laws or organization not inconsistent with the provisions of this act. Such agreement of the directors shall not be deemed to Agreement, be the agreement of the said three corporations, or any two thereof, so consolidating, until approved by a vote of threefourths of the outstanding stock of each company passed at an annual meeting of stockholders or at a special meeting of stockholders called for the purpose of considering the same, and when such agreement of the directors has been so sanctioned by the stockholders, in the manner above mentioned, then such agreement of the directors shall be deemed to be the agreement of the said three corporations, or any two thereof, so consolidating. A copy of said contract or con- Copy of, what solidation agreement filed in pursuance of this act with the to show. Secretary of State, and certified by him to be a copy, shall in all courts and places be presumptive evidence of the consolidation of said three companies, or any two thereof, so consolidating, and of all the facts therein stated. corporation SEC. 2. Upon making the agreement mentioned in the pre- When new ceding section, in the manner required therein, and filing a formed. duplicate thereof in the office of the Secretary of State, the said three corporations or any two thereof, mentioned, or referred to in this section shall be merged into the new corporation provided for in such agreement, to be known by the corporate name therein mentioned, and the details of such agreement shall be carried into effect as provided therein. And all and singular, the rights and franchises of each and Powers, etc. all of said three corporations, or any two thereof, so consolidating, parties to such agreement, and all and singular, their rights and interest in and to every species of property and things in action, shall be deemed to be transferred to and vested in such new corporation, without any other deed or transfer, and such new corporation shall hold and enjoy the same, together with all other rights of property, in the same manner and to the same intent, as if the said three corporations, or any two thereof, so consolidating, parties to such agreement, should have continued to retain the title and transact the business of such corporation; and the titles and the real estate acquired by any of the said three corporations, or any two thereof, so consolidating, shall not be deemed to revert or be impaired by means of anything in this act contained: Provided, That all rights of creditors and all other Proviso as to liens upon the property of any of said corporations parties to liens, etc. the said agreement, shall be and hereby are preserved unim |