Sec. 3.
Upon complying with the foregoing provisions of this act, such corporation shall be vested with all the rights, powers and franchises now conferred upon corporations organized under chapter 111 of Howell's annotated statutes, and shall in every particular be governed thereafter by the provisions and restrictions of said chapter.
History: 1889, Act 188, Imd. Eff. June 26, 1889 ;-- How. 3873q ;-- CL 1897, 6766 ;-- CL 1915, 8866 ;-- CL 1929, 11801 ;-- CL 1948, 485.303
Compiler's Notes: For provisions of chapter 111, referred to in this section, see MCL 485.101 et seq.