Michigan Laws > Chapter 473 > Act 197 of 1891 – Consolidation of Street Railway and Electric Light Companies
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| § 473.1 | Consolidation of street railway and electric light companies; procedure; powers and duties of new company; evidence |
| § 473.2 | New company; rights, franchises and liabilities |
Terms Used In Michigan Laws > Chapter 473 > Act 197 of 1891 - Consolidation of Street Railway and Electric Light Companies
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- 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.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- seal: shall be construed to include any of the following:
(a) The impression of the seal on the paper alone. See Michigan Laws 8.3nstate: 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