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Mich. Comp. Laws § 457.559

Erection of building; capital stock, creation, shares

1897, Act 1, Imd

Sec. 9. Any corporation formed under this act may erect and own such suitable edifice, building and hall as to such corporation shall seem proper with convenient rooms for the meeting of the courts of the "Foresters of America" and for that purpose may create a capital stock of not more than 25,000 dollars to be divided into shares of not more than 25 dollars each.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.