Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1851-02-20

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ARTICLE TX.
INSTITUTIONS.
SECTION l. IL shall be the the duty OF the General
Assembly to provides by law for the support Of Insttu
tons for the education Of the Deaf and Dumb and of the
Blind; and also, for the treatment Of the Insane
Sac. q The General Assembly shall provide Houses
OF Refuge for the correction and reformation of Juvenile
offenders.
SEC. 8. The county boards shall have power to pro-
vide farms, an asylum for those persons. who by
reason OF age, inrmity, other misfortune may have
aclaim upon the sympahies and aid Of society.
ARTICLE X
FINANCE.
SECTION /. The General Assembly shall provide, by
law, fer uniform and equal assessment and taxa
toh and shall prescribe such regulations shall secure
just valuation for taxation of all property, both real
and personal, excepting such only for municipal, educa
Onal literary, scientific rei gious, charitable purpo
ses, as may be specially exempted by law.
SEC. All the revenues derived from the sale Of any
OF the public works belonging the State, and from the
net annual income thereof and any surplus that may at
any time, remain in the Treasury derived from taxation
Tor general State purposes after the payment of the
binary expenses OF the and Of the interest
bonds Of the State other than Bank bonds shall be
huay applied, under the direction Of the General As
semby, TO the payment of the principal Of the Public
Debt.
SEC. 3. No money shall be drawn from the Treasury
but in pursuance Of appropriations made by law
SEC. a. An accurate statement of the receipts and
expenditures Of the public money shall be published
with the laws of each regular session of the General
Assembly.
SEC. s. No law shall authorize any debt to be con-
tracted behalf Of the State, except the following
casual deficits IN the revenue to pay the
interest the State Debt, repe INVASION suppress
nSurrecton, If hostites threatened, provide for
the public defence.
SEC s. No county shall subscribe for stock in any
incorporated company unless the be paid for at
the time OF such subscription shall any county loan
Its credit to any incorporated company, borrow
money for the purpose Of taking stock in any such
pany, shall the General Assembly ever behalf Of
township; nor OF and corporation whatever.
ARTICLE XI.
CORPORATIONS.
SEC. i. The General Assembly shall not have power
TO establish or incorporate any bank banking
pany moneyed institution for the purpose of issuing
bills of credit, bills payable to order bearer,
cept under the conditions prescribed in this Constitution
Sec 2 No banks shall be established otherwise than
under general banking lar, except provided in the
fourth section of this article.
SEC. 8. IL the General Assembly shall enact gen.
era banking law, such law shall provide for the registry
and countersgnng: by officer of State of all paper
credit designed to be circulated money! and ample
collateral security readily convertible into Specie Tor the
redemption OF the in gold silver, shall be requir
ed winch collateral security shall he under the control Of
the proper officer officers Of State
SEC. a. The General Assembly may also charter
Bank with Branches, without collateral security,
CURED in the preceding section.
SEC. D. If the General Assembly shall establish
Bank with Branches the branches shall be mutually
sponsbe for each others liabilities upon all paper credit
issued money
SEC. 6. The stockholders in every bank or banking
company shall be Individually responsible to amount,
and above their stock, equal to their respective
shares of stock for all debts liabilities of said bank
banking company.
SEC. T. All bills notes issued money shall be,
all times redeemabe in gold silver and no law shall
be passed. sanctonng, directly indirectly, the sas-
pension by any bank or banking company OF specie pay
ments.
SEC 8. Holders of bank shall be entitled in case
of insolvency. preference of payment all other
creditors
SEC. g. No bank shall receive, directly or indirectly
greater OF interest than shall be allowed by law
10 individuals oaning money.
SEC. 10. Every bank or banking company shall be
required to cease all banking operations, within twenty
years from the time OF its organization and promptly
thereafter to close its business
SEC. IL. The General Assembly is prohibited
from investing the Trust Funds in Bank with branches
bot, in of such investment the safety of the
shall he guaranteed by unquestionable security.
SEC IL. The State shall be a stakeholder in any
bank, after the expiration of the present bank charter
shall the credit of the State be given oancd
in aid of any person, association corporation nor
shall the State hereafter become stakeholder in any cor
poration association.
Sec Is. Corporations, other than banking, shall net
be created by special act but may be formed under gen.
SEC. IA. Dues from corporations other than bank.
ins, shall be secured by such individual liability of the
coPorotors, or other means, may be prescribed by
law.
ARTICLE XII.
MILITIA.
SEC. 1. The militia shall consist of all able-bodied
white male persons between the ages OF eighteen and
forty-hve years, except such may be exempted
by the laws OF the United States of this State; and
shall be organized, Differed armed equipped and
cd, in such manner may be provided by law.
SEC 2. The Governor shall appoint the Adiutant
Quartermaster, and Commissary Generals.
Sec 3. All militia officers shall he commissioned By
the Governor and shall hold their offices longer than
six years
Sec. 4. The General Assembly SHALL by law, deter.
mine the method of dividing the militia into divisions
bfigades, regiments, battaons and companies and FIX
the rank of all staff officers.
SEC. 5. The militia may be divided into classes of
sedentary and active militia in such manner shall be
prescribed by law.
SEC. 6. No person, conscentiously opposed bear
ing arms shall be compelled to do militia duty but such
person shall equivalent fer exemptions the amount
10 be prescribed by law.
ARTICLE XIII.
NEGROES MyLATToEs
SEC. I. No Negro Mulatto shall come into, or
settle in the State, after the adoption Of this Consu-
ton.
SEC. 2. All contracts, made with any Negro Mu-
iatto coming into the State contrary the provision OF
the foregoing section shall he void and any person who
age him to remain in the State shall be fined any
not less than ten dollars, than five hundred
dollars.
SEC. g. All fines which may be collected for a viola
Of the provisions Of this article of any law which
may hereafter be passed for the purpose of carrying the
into execution shall be set apart and appropriated
for the colonization of such Negroes and Mulattoes and
their descendants may be in the State, the adop
non OF this Constitution and may be willing to emigrate
SEC, The General Assembly shall pass laws to
ny out the provisions Of this article.
ARTICLE XIV.
BOUNDARIES.
SEC In order that the boundaries Of the State may
be known and established il is hereby ordained and de-
ciared that the State of Indiana is bounded the East
BY the meridian line. which forms the western boundary
o. the state Of Ohio on the South by the Ohio river
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