New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-08-27

IN the state Board OF hegerts, eqoai 10 nunoe1
70 the Circuit Judges shall be elected at the same
time and in the same manner IS sad Judges ana
shall bold Office for six ears These Regents shall
form the body corporate known as {" the hessn"
Of the University Of Michigan shall elect Pre-
sioert Of tee University. and exercise general ans
dction over the University and the Universty 'ana'
A State Board Of Education, consisting OF tnree
members, and Of whom the Superintendent OF Pdo-
lie distraction shal be 09ieIo member snd sec
rotary, shall be elected by the people, AID bod Of
fee for the term Of six years. The Legislature
shall provide for the estsb shment OF an Agfio1i'
t1ral School, 70 form branch OF the STATE UniFers-
ty. The Legislature shall also provide ior tne co
Enlistment OF At least one library IN each toFn-
ship; and al fnes assessed and collected IN tne
several Counties and 20 rnships for any breach OF
the penal laws. shall be exclusively spplied 10 the
support Of such libraries.
FINANCE AND TAXATION
The Lesislsture shall provide for an annual tax
sufficient with other resources, 10 pay the estna.
ted expenses Of the State Government the interest,"
Of the State debt, and such deficiency as may oc-
cur in the resources.
The State may contract debts 10 mset deficits IN
revenue Such debts shall not in the aggregate AZ
any one time exceed fifty thousand dollars.
The credit OF the State shall not be granted 70 or
in aid Of any person, association or corporation
No scrip certificate or other evidence OF Sti'e
indebtedness shall be issued, except for the re-
demption Of stock previously issued, or Tor saco
debts az are expressly authorized IN TINS Consuto-
ton.
The State shall no. SC 5scribe to or be interested
in the stock Of any company, association or corPor
a.ion.
The State shall not be party 70 or interested IN
any work Of internal improvement nor engaged in
carrying on any such work except in the expendi-
tue Of grants TO the State Of land or other property
CORPORATIONS.
CORPORATIONS may be formed under general laws
but sbal not be created by special act except lor
municipal purposes
No brpiipg law, or law for banking purporss or
Amendments thereof, shall have eiec: until the
same shall, after its passage, be submitted %
vote Of the ell ctors Of the State a. general cleo
ton and be approved by q ajJrity OF the votes
cast thereon at such election.
The officers and stock holders Of banks Issuing
Eo,es shall be individually liable, and all banks
shal deposit State or U. 8 stocks as security Tor
the redemption OF their notes
In case Of the insolvency Of any bank or banking
association the bill holders thereof shall be entl-
tied TO preference in payment over all other cred
ors Of such bank or association.
The Legislature shall pass no law authorizing or
sanctoning the suspension Of specie payments by
any person, association or corporation.
Stockholders of all corporations and joint stock
associations shall be Individually liable for all labor
performed for such corporation or association.
No corporation, except for municipal purposes
or forthe structioD ofraroads plank roads or CO.
nails, shall be created for longer time than thirty
years.
The personal property OF every resident OF Mich
igaD, to consist Of such property only as shall be
designated by law, shall beexempted TO the amount
OF not less than $500 from sale on execution or
other final process Of any Court Issued for the col
lection Of any debt contracted after the adoption OF
this Constitution.
Every homestead, not exceeding forty acres o.
land, and the dwelling house thereon, and the ap.
purtenance,, to be selected by the owner Thereof
and not included in any town plat city or village
instead thereof at the option ofthe owner Any lot
in any city village or recorded town lat, or such
parts OF lots as shall be equaltheretO, and the dwell
ling house thereon, and its appurtenanoes, owned
and occupied by any resident Of the State no. ex
ceeding in value 81 500, shall be exempt from for
cedsaleon xecution any other ana process from
court any beb, contracted after the adoption ofthis
Constitution. Such exemption shall not ex end 20
any mortgage thereon lawfully obtained baE such
mortgage or other alienation Of such lane by the
owner thereof, if q married man shall not bs valid
without the signature OF the wife TO the sLLne.
The homestead Of family. after the dea n Of the
owner thereof shall be exempt from the payment
of bis debts contracted after the adoption OF this
Constitution in ali cases during IL minority Of his
children.
1.-THE owner ola homestead die, leaving awi1oF
but DO children, the same shall be exempt and the
rents and profits thereof shall accrue to her benefit
during the time Of her vidowhood, unles she be
the owner Of a homestead 10 her own right
The real and personal estate Of every female, &C
quired before marriage. and al property 10 " lich
she may aiterwsrd become entitled, By gift grant,
inheritance devise shall be and remain the estate
and property Of such female and shall not DO liable
for the debts Of her husband, and MAY be devised
or bequeathed by her as If she were unmarried.
MISCELLANEOUS PROVISIONS
No mechanical trade shall here after be taagh, 70
convc;s in the State Prison Of Michigan, except
the manufacture OF those articles Of which the
chief supply for home consumption 10 imported
from other States OF countries.
Neither slavery, nor invountary servi.ude, unless
for the punishment Of crime, shall ever be tolerated
in this State.
No lease or grant hereafter Of agricultural land
for longer period than twelve years, reserYing
any rent or service Of any kind, shall be valid.
UPPER PENINSULA.
The counties Of Macinac, Chippewa Delta Mar
quette, echoolcraft, Houshton and 0ntOnsgon, and
the islsnds sud territory thereunto attached the
10 abds Of Lake Superior, Huron aud Michigan and
IN Green Bay, and the straits OF Mackinsc and the
river Ste. Marie, shall Constitute separate Judi
oial Dtbiot and be entiiled 10 q District Judge
and District Attorney.
Such Judicial District shall be entitled AZ all times
TO At least one Senator and until entitled to more
BY ira population, il shall have three members Of
the House Of Representatives
The elections for ell district or county Of sers,
State, Senator or Representatives, within zoe boua
daries defined In this article, shall take place on the
lsst Tuesday Of September in the respective years
II which they may be required. The county eau.
yEu shall be held on the frat Tuesday in October
thereafter, and tie district canvas on the last Tues
day IN said October.
One bali Of the taxes receive into the treasury
from the mining corporations In the upper psnins1
Ia paying an annual state tax Of Que per cent
shall be paid TO the tressurers Of the counties from
which III received 10 be spilled for TO Enship and
county purposes, a. provided by law. The L egis
ls,ure shsll have power after the yea. 1855 10 re-
duce The amount 20 be refunded.