Section 457.486 - Incorporation of tribe of Improved Order of Red Men; making and executing articles of incorporation; filing copy of articles with department of commerce, signers of articles, associa
IMPROVED ORDER OF RED MEN (EXCERPT)
Act 16 of 1875
457.486 Incorporation of tribe of Improved Order of Red Men; making and executing articles of incorporation; filing copy of articles with department of commerce, signers of articles, associates, and successors as body politic and corporate; powers; evidence of existence and incorporation.
Sec. 6.
Any 7 or more persons, residents of this state, being members of a tribe of Improved Order of Red Men, having been duly chartered by the great council of the Improved Order of Red Men of this state, desirous to become incorporated, may make and execute articles of association under their hands and seals, specifying, as provided in article 2 of this act, and file a copy of such articles with the corporation and securities bureau of the department of commerce, and thereupon the persons who shall have signed said articles of association, their associates and successors, shall be a body politic and corporate, by the name expressed in such articles of association; and by that name they and their successors shall have succession, and shall be persons in the law, capable to purchase, hold, enjoy, grant, sell, give, lease, and demise real and personal estate, of suing and being sued, and may have a common seal, and change and alter the same at pleasure; and a certified copy of the record of such articles of association under the seal of the corporation and securities bureau of the department of commerce, shall be received as prima facie evidence in all courts of this state of the existence and due incorporation of such corporation: Provided, That the value of such real and personal estate shall not exceed the sum of $10,000.00, and that they and their successors shall have authority and power to give, grant, sell, lease, demise, and dispose of said real and personal estate or part thereof, at their will and pleasure, and the proceeds, rents, and income shall be devoted exclusively to the charitable and benevolent purposes of the Improved Order of Red Men.
History: 1875, Act 16, Eff. Aug. 3, 1875 ;-- How. 4547 ;-- CL 1897, 8044 ;-- CL 1915, 10516 ;-- CL 1929, 10721 ;-- CL 1948, 457.486 ;-- Am. 1982, Act 90, Imd. Eff. Apr. 19, 1982