Sec. 28.
It shall be the duty of the treasurer of any corporation organized under this act, to receive and safely keep all moneys belonging to such corporation, and pay them out on the order of the clerk, countersigned by the president of such corporation.
History: 1855, Act 87, Imd. Eff. Feb. 12, 1855 ;-- CL 1857, 1744 ;-- CL 1871, 3401 ;-- How. 4755 ;-- CL 1897, 8389 ;-- CL 1915, 11149 ;-- CL 1929, 10428 ;-- CL 1948, 456.28