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6 chapters · 13 sections in this title.
Mich. Comp. Laws § 473.61 Consolidation of gas light, consolidated and foreign companies; restriction.
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Sec. 1. Any gas light company, and any consolidated company formed by the union of a street railway and electric light company, being corporations organized under the laws of this state, and having their principal place of business in the same town, village or city, may unite and…
Mich. Comp. Laws § 473.62 Consolidation agreement; contents.
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Sec. 2. The directors of such corporation so proposing to consolidate, may enter into an agreement for the consolidation of such corporations, prescribing the terms and conditions thereof; the mode of carrying the same into effect; the name of the new corporation; the location an…
Mich. Comp. Laws § 473.63 Consolidation agreement; ratification by stockholders.
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Sec. 3. Such agreement shall not be deemed to be the agreement of such consolidating corporations until it shall have been ratified either by the vote of at least 3/4 of the capital stock of each of such corporations at a separate meeting of the stockholders of such corporation, …
Mich. Comp. Laws § 473.64 Completion of consolidation; evidence.
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Sec. 4. Upon the ratification of such agreement, in either of the modes aforesaid, by the stockholders of all of the corporations, who are parties thereto, such agreement, together with every such consent annexed thereto, together also with and annexed thereto a copy of the recor…