 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1911 - 844 pages
...village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure." There is certainly nothing in these sections expressly prohibiting the issuance of bonds of both kinds,... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1916 - 812 pages
...village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure." The general law passed pursuant to the constitutional provision is Act No. 279, Pub. Acts 1909, amended... | |
 | Michigan. Constitutional Convention - 1907 - 214 pages
...village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure. New. SEC. 25. No city or village shall have power to abridge the right of elective franchise, to loan... | |
 | 1907 - 52 pages
...village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure. Section 25. No city or village shall have power to abridge the right of elective franchise, to loan... | |
 | Michigan - 1919 - 294 pages
...also, for the purpose of acquiring, owning, purchasing, constructing, or operating such public utility, issue mortgage bonds therefor beyond the general limit...provided further, That the charter shall provide for the creation of a sinking fund by setting aside such percentage of the gross or net earnings of the public... | |
 | Michigan - 1915 - 240 pages
...city, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...franchise on foreclosure: And provided further, That fhe charter shall provide for the Further creation of a sinking fund .by setting aside such percentage... | |
 | Michigan - 1909 - 110 pages
...village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure. New. SBC. 25. No city or village shall have power to abridge the right of elective franchise, to loan... | |
 | Bay City (Mich.) - 1909 - 650 pages
...city, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure: Provided, however, That no city shall have power to borrow money or issue bonds imposing any liability... | |
 | 1909 - 508 pages
...village, but shall be secured only upon the property and revenues of such public utilities, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure. SEC. 25. No city or village shall have power to abridge the right of elective franchise, to loan its... | |
 | National Municipal League - 1909 - 508 pages
...village, but shall be secured only upon the property and revenues of such public utilities, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure. SEC. 25. No city or village shall have power to abridge the right of elective franchise, to loan its... | |
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... but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of foreclosure, the purchaser may operate the same, which franchise shall in no case extend for a longer period... 
