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Uttering forged instruments.

clerk, or any other public officer, in relation to any matter wherein such certificate, return, or attestation may be received as legal proof, or any charter, deed, will, testament, bond or writing obligatory, letter of attorney, policy of insurance, bill of lading, bill of exchange, promissory note, or any order, acquittance or discharge for money or other property, or any acceptance of a bill of exchange, or indorsement, or assignment of a bill of exchange or promissory note for the payment of money, or any accountable receipt for money, goods or other property, with intent to injure or defraud any person, shall be punished by imprisonment in the state prison not more than fourteen years, or in the county jail not more than one year.

(638) § 11660. SEC. 2. Every person who shall utter and publish as true, any false, forged, altered or counterfeit record, deed, instrument or other writing mentioned in the preceding section, knowing the same to be false, altered, forged or counterfeit, with intent to injure or defraud as aforesaid, shall be punished by imprisonment in the state prison not more than fourteen years, or in the county jail not more than one year.

Issuing fraudulent stock, etc., made felony.

Punishment.

Knowingly

selling fraudulent stock,

An Act to prevent the issue and sale of fraudulent stock by incorporated companies.

[Act 128, S. L. 1855.]

The People of the State of Michigan enact:

(639) § 11362. SECTION 1. Any person or persons who shall fraudulently issue or cause to be issued, any stock, scrip, or evidence of debt, of any bank, insurance, mining, plank, or other incorporated company of this state, or who shall sell or offer for sale, hypothecate, or otherwise dispose of any such stock, scrip, or other evidence of debt, knowing the same to be so fraudulently issued, shall be deemed guilty of a felony, and on conviction thereof shall be punished by imprisonment in the state prison not more than ten nor less than one year.

See sections 540-46.

(640)

11363. SEC. 2. Any person or persons who shall sell, or offer for sale any stock thus fraudulently issued, how punished. and purporting to be the stock, scrip, or evidence of debt of any corporation located out of the state of Michigan, knowing the same to be so fraudulently issued, or shall hypothecate, or in any manner dispose of the same for value, shall, on conviction thereof, be punished by imprisonment in

file list of

nual report.

the state prison not more than ten nor less than one year. (641) § 11364. SEC. 3. Every banking, insurance, min- With whom to ing, plank road, or other incorporated company, which issues shares. script or shares, shall within ninety days after the passage of this act, file with the secretary of state a list of the number of shares issued by said corporation, and the names of the owners thereof and their postoffice addresses, with the number of shares owned by each; and annually thereafter To make anshall file with said secretary of state during the months of January or February, in each and every year, a statement similar to that above required, showing the ownership of the shares of said corporation at the day of the date of said statement; all of which statements, including the first, shall be made by one of the officers of said company, under oath: Provided, That corporations which file an annual report with Proviso. the secretary of state containing a list of stockholders with the postoffice addresses and the number of shares held by each, shall not be required to file a separate list under this

act.

Am. 1903, Act 35.

lect to file

etc.

(642) § 11365. SEC. 4. In case any of said incorporated Fine for negcompanies shall fail so to make such primary or such annual statement, statements as are above required, they shall be liable to pay a fine of not more than five hundred dollars for any such violation of this law, which may be recovered in the name of the people of the state of Michigan, in any court of record, and Fine, how disposed of. when so collected shall be paid into the township treasury of the town or city where such corporation is located, for the benefit of the primary school fund of said town or city.

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INDEX.

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