Excluded;
Const 1908, art 12, § 5;
No corporation shall hold any real estate for a longer period than 10 years, except such real estate as shall be actually occupied by such corporation in the exercise of its franchises: Provided, That in cities or villages with populations in excess of 5,000 as determined by the last federal decennial census or any federal decennial census thereafter taken, and including an area not exceeding 2 miles distant from the boundary limits of such cities or villages, a corporation may hold any such real estate as shall not be actually occupied in the exercise of its franchises for a period of not to exceed 30 years.
No corporation shall hold any real estate for a longer period than
ten10 years, except such real estate as shall be actually occupied by such corporation in the exercise of its franchises: Provided, That in cities or villages with populations in excess of 5,000 as determined by the last federal decennial census or any federal decennial census thereafter taken, and including an area not exceeding 2 miles distant from the boundary limits of such cities or villages, a corporation may hold any such real estate as shall not be actually occupied in the exercise of its franchises for a period of not to exceed 30 years.
Const 1908, art 12, § 5;
No corporation shall hold any real estate for a longer period than ten years, except such real estate as shall be actually occupied by such corporation in the exercise of its franchises.
No corporation shall hold any real estate
hereafter acquired,for a longer period than ten years, except such real estate as shall be actually occupied by such corporation in the exercise of its franchises.
Const 1874, art 11, § 9;
No corporation shall hold any real estate for a longer period than ten years from the time of acquiring the same, except such real estate as shall be actually occupied by it, or necessary in the exercise of its franchises.
No corporation shall hold any real estate
hereafter acquired,for a longer period than ten years from the time of acquiring the same, except such real estate as shall be actually occupied bysuch corporationit, or necessary in the exercise of its franchises.
Const 1868, art 17, § 7;
No corporation shall hold any real estate for a longer period than ten years from the time of acquiring the same, unless such real estate shall be actually occupied by such corporation in the exercise of its franchises. No real estate shall hereafter be withheld from market for a longer period than ten years, for the use or benefit of any corporation.
No corporation shall hold any real estate
hereafter acquired,for a longer period than ten years from the time of acquiring the same,exceptunless such real estateasshall be actually occupied by such corporation in the exercise of its franchises. No real estate shall hereafter be withheld from market for a longer period than ten years, for the use or benefit of any corporation.
Const 1850, art 15, § 12;
No corporation shall hold any real estate hereafter acquired, for a longer period than ten years, except such real estate as shall be actually occupied by such corporation in the exercise of its franchises.
