Michigan Laws 458.153 – First meeting, calling; annual meeting
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Terms Used In Michigan Laws 458.153
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
There shall be a meeting of the members of said corporation once in each year, for the purpose of transacting business, at such time and place as may be designated at a previous meeting. The first meeting under this act of incorporation shall be at Jonesville, on the first Wednesday in October next. Should anything prevent a meeting at that time, or at any other time, to be designated as above provided, it shall be the duty of the president, or in case of his absence, death or refusal, of any other officer or director, on the written request of a majority of the board of directors, to call a meeting of the members of said incorporation, at any time within 6 months thereafter, by giving 2 months notice of the time and place of such meeting in some newspaper published in this state.