The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-03-17
ARTICLE II.


SECTION i. Institutions for the benefit OF the
insane, blind, deaf and dumb, and the poor,
shall always be fostered and supported by this
State, and shall be subject to such regulations
as the General Assembly may enact.
SEC, O.. The Directors of the Penitsntiary
shall be elected or appointed, as the General
Assembly may direct.
SEC. g. The Directors of the benevolent and
other State institutions, such as may be here
after created, shall be appointed by the Gov
ernor, by and with the consent OF the Senate ;
and upon all nominations made by the Governor,
the ouest;on, shall be taken by the yeas and
nays, and entered upon the journals. 49,,
SEo, 4 The Governor shall have power to MI
all vacancies that may occur in the offices afore-
said. until the next session OF the General as
sembly, and until successor or successors
shall be appointed and confirmed.
SEC. S. The respective Counties Of tins state
mined by law. for all those inhabitants who Oy
reabon Of age, and in6rmities or Inlsfortunes,
may have claim upon the sympathy and AID
Of society.
The following was offered by DR.. Neagle,
read three times and adopted:
who shall be superintendent Of the same shall
be appointed by the Governor, by and With the
advice and consent Of the Senate but ell otner
necessary officers and employees shall be ap-
pointed BY the Governor.
ARTICLE XII.
CORPORATIONS.
SEC. /. Corporations may be formed under
general Laws; but all such laws may nom tlme
to time be altered or repealed.
SEC, 2. The property of corporations now eA-
istinp or hereafter created, shall be subject to
1axatiop. excepS in cases otherwise provided
for in this constitution.
SEC. 8. No right of way shall be appropriated
to the use Of any corporation until full compen-
sation therefor shall be first made, or secured
by a deposit Of money to the owner, lrrespec-
tive Of any benefit from any Improvement pro-
posed BY such corporation, which compensa-
fion shall be ascartained by a jury Of twelve
men, in a Court Of Record, as shall be prescTlo-
SEC. 1. Dues. from corporations shall be Sc
cured by such individual liability OF the stock.
holders and other means, as may be prescnoed
by law.
passed pursuant to this section, shal make
provisions therein for fixing the personal la
biity Of stockholders under proper limitations,
and shall prevent and punish fraudulent nus,
representations as to the capital, property, ana
resources Of such corporations, and snail also
regulate the public use OF all franchises which
have heretofore been, or hereafter may be ere.
ated or granted, by or undef tns autnorty VI
this State, and shall limit all tolls. lmposts,
and other charges and demands under such
laws.
SEC. 6. The General Assembly shall grant no
charter for banking purposes, nor renew any
banking corporations now il existence, ezcepI
upon the condition that the stockholders small
be liable to the amount OF their respective
share or shares of stock in such bankinS lnstl-
tuition, for al its debts and liabilities, upon
note, bill, or otherwise; and upon the Iurtner
condition that no director or other oMcer OF
said corporation shall borrow any money IRON
said corporation; and if any director or other
officer shall be convicted upon Indictment OF
directly or indirectly violating this section, ne
shall be punished by fine Or Imprisonment, ct
the discretion OF the court. The books, pa
pers and accounts OF all banks shall bs open
to inspection, under such regulations as may
be prescribed by law.