Section 458.47 - Board of trustees; election in certain case; dissolution, conference legal successor; sale of property. - Michigan Statutes

WESLEYAN METHODIST CHURCHES (EXCERPT)
Act 27 of 1905

458.47 Board of trustees; election in certain case; dissolution, conference legal successor; sale of property.

Sec. 7.

If it shall happen that any church organized under the provisions of this act shall, from any cause, be found at any time without trustees, such church shall not for that cause lose its corporate existence, but such church may at any time proceed to elect trustees, as provided in this act: Provided, That whenever any corporation organized under the provisions of this act shall be dissolved by the death of all its members, or by the loss of so many of them that it is thereby rendered unable to do any corporate act or to restore itself by proceeding to elect trustees, as provided in this act, the annual conference, within whose bounds such corporation may be situated, shall be held and deemed to be the legal successor of such corporation and shall succeed to, and be vested with, all property rights which were in such corporation at the time it was dissolved; and said annual conference may, by such officer or committee as said annual conference may designate for that purpose, apply to the circuit court in chancery, for the county in which such property may be, for license to sell the same; and such license may be granted by said court after such notice of said application as the court may direct; and thereupon said property may be sold, and the proceeds of such sale applied or used as said annual conference may direct.

History: 1905, Act 27, Imd. Eff. Mar. 22, 1905 ;-- CL 1915, 11050 ;-- CL 1929, 10865 ;-- CL 1948, 458.47