The Davenport daily gazette. [volume] (Davenport, Iowa) 1856-1869, 1857-03-12
A.ssaa,sn to the csas,lsa.iea
EXECUTIVE DEPARTMENT..


Aassansnts 10 the Constitution
lcosrlArSn
EXECUTIVE DEPARTMENT.
The thirds ction >. .,gides tor the election
Of Lieutenant G.yernar.
JUDICIAL DEPARTMENT.
The third section VI tas Constitution In
this department. has bssn moa.ied so a. 10
provide FOR the election Of Judge. Of The 81
creme c0ur. BY the people and Is as ioi
lows:
Sec, 3. lThe Judges Of the Supreme
cosrs sAsl be eieciea ~ The qta' fed ro.-rs II
rs Nste,. und shat hold iarlr { ,urt al ga. Ii
time and place a. The Gepsssl AS embt,
may prescribe. The Su2re ne JUICE. 81
elected, shai. be clas.tti 70 ihst unr Judge
shall so cut of office every t@l years: All
| the Judge hoiing Tue shortest tenn 81 otFiee
| under such classification. shall b. Cite jus.
lice Of the Court during his ,rrsu, aud so on
In rotation. Alter the expifaii. IN of lhrir
terms OF .face, under such classification, the
term of each Judge OF the Sugrrne Couri
shall be six yesrs. aud until mis- successor
shall have been elected and iaiiisd. Ths
Judges Of the supreme Caurt shall be ine H.
eibls TO any other ei6ce in the State, during
the term for which they shall have bses
elected.
| The tenth section reduces the Judicial
dstricts to eiesen. and reslrains the power
Of the Legislature in the reorg nization 0,
the distrie,s, &c. and reads IS follpSs:
Sec. 10. The State shall be divided in
to eleven Judscia! Districts; and after the
/ year 1860, the Genera Assembly may re
| organize The judicial districts, aud Increase
or diminish the number OF districts, or the
number OF Judges Of the said Court, and
may increase the number Of Judges OF III.
Supreme Court; but sach increase or dimi-
mutton shall not be more ,hsn ons district.
or one bulge Of either Court. Al any one
session; and NO re Organization OF the dis
tricts, or diminl,ion OF the Judges, shall
have the efsctDi removing Judge from
ONCE. Such re Organization Of The districts,
| or any change in tue boundaries ihereoi. or
increase or diminution OF the number of the
Judgss. shall lake place. every four years
thereafter, If necessary, anc al no Other
tine.
The thirttensa section provides for the
election 81 DisstictAaornsys bs the electors
Of the several Judicial districts. who shall
hold Their Offices for The term Of four years.
STATE DEBT.
The amendment to the isst section o this
article authorixes an Increase Of s ate in.
debsedness from one hundred thousand dol.
lsrs 70 two hundred and fly thousand dol
lars. Sections 8. 6 and are entirely new
and are a. follows:
Sec. .. All losses to the permanent
School or uuiver.i,y fund of this State
which shail have been occasioned By the
dsfalcaiion, Encouragement or rsud Of the
agents or otscers controlling and managing
the snme, shsil be audited ey the proper
svs6SFisies o. The State. TIE amount 80
sudiied ehsl be permanent tnnded deb,
against the State, in favor Of the respective
iund, sustaining the loss, upon which not
lees thea six per cent. annual interest |. hs Il
be paid. The amount Of liability 80 created
snail nor be countes3ss part of The indsbt.
edness au,hof.sd By the second section CT
this article.
Dec. 9. The Leg'sls'ure my, at any
:i1e, nfter the approval Of such law by the
5eopil. II no debt shail hsve been contract
ed in pursuance thereof, repeal the saale;
and msy.st any lime Tor 81 the contract ~
Of any further debt. or hBb5 iiy, under sues
law; but the tax imposed BY such Law, III
proportion to the deb, or liability. which
may have been contracted in Pursuance
thereof shall remain in force snd be ire.
oealsb}e, and be annually evll, cted, uus
the prrncipsl and iuteres. are fully paid.
See q. Every Law winch iHle SO con.
s,F~ -b.FH a 49,
the tax, shd The sbjset lu which sSis TO BE-
/ applied; and il shat. not b. .ulfic9snt tu
| refer - any other law to fix suca tx " Of
jset.
CORPORATIONS.
TINS article e almost entirely neR, and
ia justly esteemed one Of lhe mos. i'm pott.nt
passed upon BY the Convention. Il i. d
follows:
See. !. Nc corporation shall be created
BY special laws; en The Ganera A ssembl,
shall PROVIDE by general laws, for The or.
gauization Of ell CORPORATIONS hereafter to
be created, except ss hereinafter provided
| Sec. Q. The property Of al! corporation.
\ OF pecunlsry prehr, nog existing, or hereef.
ter created, shall be subject to taxation, the
same - that OF ind vidvais
Sec. 3. The State shall not become &
stoekhoider in any corporation, nor shall il
assume or Psy the debt Or liability of ans
corporation, unless incurred ia time of war
for the benef. OF the Stste.
Sec. 4 No political or municipal corposa
| ton shall become q stoekholder in any
banking corporation, Directly or indirect.
RSec. 5. No act OF the General Assem
bly,, authorizing or creating corporations or
| associations with banking powers. nor
amendments thereto cha take feet, or in
| any manner be in force. until the came shall
| hsys been submitted, separately, to The peo-
| pie, 81 . general or special election, as rro.
vided ey Isw,to be he'd not lee. then three
months after the passage OF the act, and
shall have beer approved By msjority Of
>ail the electors voting ior ana agalas. il a,
| such election.
| Sec, G subiect - the provisions Of n
toreaoDs s~ct.on. ~ General Assembly
nay alsu provide for the establishment a. =
| STATE Bank with branches
See T. lfs State Bank be e,tsbl:.nsd
II shan be founded on an actual .pecie b.
| s.s. aud the branches shsIl be mutually res
| pCnsto!e f.r each others liabilities upon alt
| notss. bills and orner issues intended to cl-
| culsis - money.
Sec. .. Hsgenersl BANKING law be ell
acted, 1t shall proves Tor the reastry and
couu.eTsianiug, by an officer Of State, u al
bills, or paper credit designed 10 circulate
as money, and require security to rhs .pit
amount thereof, 10 te dep sited " hh the
Safe Treasurer. in unted States stocks, Or
10 interest paying socks Of States In g3Us
ctedi, and standing, TO be rated at ten per
| cent below their average value In the ei-y
Of Ne. YORK., for the tlirty days mex, pre-
| eec.us ,ner deposit; ano 10 case o. g dspre.
sistlea Of any portion OF sad stocks, 10 the
| amour. OF ten per cent on the dollar, the
bank or banks owning ssid socks shall BE-
required 70 make up ssid deficiency By de.
posting additional stocks. and .sia law
shall also provide for the recording Of the
| names Of ali u ekholders Ia such corpora
,ious. The amount Ut stock held BY each
the time of tny transfer, and TO wh3m.
Sec. Q. Every stockk yl1sr in 4 banking
corporation or iLGitution stall be individual.
y responsible and liable tu gts creditor.
| 9ser and above the amount O stock BY him
u her held, 10 an amount sqg 10 his or
Der respective shares 60 held, lur oil ne ia
o'lt,ies, secrging while be " che remain
| saeh stockhyldrr.