TELEGRAPH COMPANIES (EXCERPT)
Act 123 of 1867
484.201 License and reports.
That it shall not be lawful for any telegraph company, association or individual to transact the business of telegraphing or sending messages by telegraph within this state without first procuring a certificate of authority or license from the state treasurer of this state, and before obtaining such certificate, such company, association or individual, shall furnish the state treasurer of this state annually, in the month of March in each year, with a statement under oath, of the president, treasurer, or superintendent of such company, association or individual which statement shall show:
First The name and locality of the company or association.
Second The amount of its capital stock, and how much is paid up on such stock.
Third The amount of gross receipts on their current business in this state, for the year ending December 31, next preceding such report.
History: 1867, Act 123, Eff. June 27, 1867
CL 1871, 1615
CL 1897, 5264
CL 1915, 6682
CL 1929, 11684
CL 1948, 484.201
© 2009 Legislative Council, State of Michigan