Sec. 5.
Every such corporation shall have full power and authority to provide by its by-laws for the issuing of certificates or shares of stock and for the manner in which the same shall be held and represented.
History: 1909, Act 35, Eff. Sept. 1, 1909 ;-- CL 1915, 10438 ;-- CL 1929, 10639 ;-- CL 1948, 457.275