Section 457.509 - Subordinate lodges; erection of building; capital stock, creation, shares. - Michigan Statutes

ANCIENT ORDER OF UNITED WORKMEN (EXCERPT)
Act 83 of 1887

457.509 Subordinate lodges; erection of building; capital stock, creation, shares.

Sec. 9.

Any corporation other than a grand lodge formed in pursuance of this act, may erect and own such edifice, building or hall, as it shall deem proper, with convenient rooms for the meetings of lodges of the order, and for that purpose may create a capital stock of not more than 50,000 dollars, to be divided into shares of not more than 100 dollars each.

History: 1887, Act 83, Imd. Eff. Apr. 22, 1887 ;-- How. 4577z-6 ;-- CL 1897, 8055 ;-- CL 1915, 10528 ;-- CL 1929, 10733 ;-- CL 1948, 457.509