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PUBLIC ACTS

OF

THE LEGISLATURE

1909.

PUBLIC ACTS.

[No. 1.]

AN ACT to provide the manner of paying the compensation of members of the legislature, and to make an appropriation therefor.

The People of the State of Michigan enact:

how and when

balance.

SECTION 1. The compensation of members of the legisla- Compensation, ture shall be paid in installments of fifty dollars each, at paid. intervals of ten days, during the time in which the legislature is in regular session, until the total amount of such installments shall equal the sum of eight hundred dollars: Provided. That if the legislature shall fix the date of final Proviso, adjournment for a time at which the total amount of such installments then paid will not equal such sum, the difference between the amount of the installments already paid and the sum of eight hundred dollars, such difference being hereinafter called a balance, shall be paid upon the day on which the two houses of the legislature cease to transact business. Such installments shall be payable upon vouchers duly certified and countersigned as required by law.

SEC. 2. If, for any reason, the office of a member of the Vacancy. legislature shall, during a regular session, become vacant, and a successor to such member shall be elected and shall qualify for the office, the installments specified in section one of this act shall be paid to such successor in office from the date of his qualification. Should a balance be payable Pro rata in such case at the end of the session, such balance shall be payment. paid pro rata to the member then in office and to the former member or his legal representatives. In case a vacancy exists Former and a successor is not elected or does not qualify for the member. office and a balance is payable at the end of the session, there shall be paid to the former member or his legal representatives an amount sufficient to make the total compensation received by him proportionate to that paid for the entire session.

SEC. 3. Such sums as may from time to time be necessary General to meet the requirements of this act are hereby appropriated fund.

Tax levy.

from any moneys in the general fund in the State treasury not otherwise appropriated.

The Auditor General shall incorporate in the State tax for the year nineteen hundred nine, and every year thereafter, an amount sufficient to reimburse the general fund for the amounts appropriated in this act.

This act is ordered to take immediate effect.
Approved January 27, 1909.

Who may organize,

purpose, etc.

Articles, form of.

Elective officers.

[No. 2.]

AN ACT to authorize the incorporation of retail lumber dealers' mutual insurance associations.

The People of the State of Michigan enact:

SECTION 1. It shall be lawful for any number of retail lumber dealers, either individuals, partnerships, partnership associations or corporations not less than twenty-five, who collectively shall have capital invested in the retail lumber business to the aggregate value of not less than fifty thousand dollars, to organize a mutual insurance association for the purpose of insuring their stock of lumber, sheds, offices and fixtures generally kept in retail lumber yards, against loss or damage by fire and lightning, by complying with the following conditions, viz.: They shall sign articles of organization which shall be substantially in the following form:

"The undersigned retail lumber dealers of the State of Michigan and owners of more than fifty thousand dollars capital invested in the retail lumber business do hereby associate together by forming a mutual insurance association under the name of Lumber Dealers' Mutual Insurance Association of Michigan for the purpose of insuring the stock of lumber, sheds, offices and fixtures generally kept in a retail lumber yard, against loss or damage by fire and lightning. The elective officers of said association shall be president, and a board of directors of six members, to be elected at the first meeting by the signers of the articles of association. Three of said directors shall be elected and hold their office until the first annual meeting and three until the second annual meeting, or until their successors shall be elected. At the first annual meeting and annually thereafter, three members of said board of directors shall be elected for a term of two years each. The president shall be elected annually and, by virtue of his office as president of the association, shall be a member of the board of directors and president of the board. The board of directors shall fix the time and place for holding the annual meeting and

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