§ 457.21 St. Andrew’s societies; incorporators
§ 457.22 Articles of association; execution, contents
§ 457.23 Filing copy of articles of association with department of commerce; signers of articles, associates, and successors as body politic and corporate; powers; evidence of existence and incorporation
§ 457.24 Property; holding, disposition
§ 457.25 By-laws and rules; officers, powers
§ 457.26 Erection of buildings; capital stock, creation, shares
§ 457.27 Governing law; amendment of act

Terms Used In Michigan Laws > Chapter 457 > Act 41 of 1877 - St. Andrew's Societies

  • 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.
  • Devise: To gift property by will.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • felony: when used in this act, shall be construed to mean an offense for which the offender, on conviction may be punished by death, or by imprisonment in state prison. See Michigan Laws 750.7
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • seal: shall be construed to include any of the following:
  (a) The impression of the seal on the paper alone. See Michigan Laws 8.3n
  • 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
  • United States: shall be construed to include the district and territories. See Michigan Laws 8.3o