The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1872-05-02
NO as.

L
ssisi In any iyear, IL snail. NJ the regnlsr sess
/, ian ih,reoiheld reHt aftSs the ddfciencs oc'9
I cu,s levy atax for the ensuing ysar, suficients
with tic other sources q income 70 meetsucn
deficiency as we'll as the es'in,aled expenses
Of such year. ~ as
g The credit Of The State shall not be etans
ted 10, Il In aid " any county city, iownsnlPa
I sorpors,os or person ;.nor shall the State ever
a,s mo er become responsible for the debts cf
/, liabilities amy county ycity. town, township
4 corporstion OF person. nor shallths State ever
hereafter heroine joint owner OF stockholderi
Il, any company or association, in'l,ls s'ale or
! elsewhere. formed for any purpose whatever
\. County authorities shail never asssss 'aIs
"a inany cnp year, the aggregate Of whicf
shall exceed ninety fve cents on tbe ore hun.
and dollars valuation, except for the support
of ,rss.chools, paymentof indebtedness fi,st
,ng at the time Of the adoption Of ih'. consl'tu.
ton and for The paymentoi any Indebtedness
with interest theron, created under tnt s,nescfys,
ding spction, uuless such assrs,sment, wv. alI
oues,,ons involving thp incrca.c o. such ag.
rr.oa,e. shall havc been submitted 70 Avn!~ Q.
! ia people Of the county, and have tece'ye1
,hree. shAs ofallth tho ps:casl forsned agaluss
' !. ,,..,s NJ
/ 4. .,np,y, eity, school district. BY mum
cipal corporation, 4, \, !. authorized their
corporations hvs alfssa, hs allowed
bonds to Ne issued shall herssiIe. - my
10 became indebted In any manner. or ~.
| p,rposs, to An amount. including existing IN
dcblcdness. 10 the n9yre0atr. fxcg.dipr \, 9
pcr csu,uin on tho valueof the taaahle properly
iherpiu 10 he ascer,ained " the lasi@se smcnt
for lie State and county ta1ps. prevto.'s 70 l''e
iucurrinv ol such ind bletiness, nor without "
Iihe same time, providing for the Scplrcl'on q
| !. direct annual taH. sufficient to pay hnnually I
!, ;,'9 y, "a o,, such atht. and the princinal
l,s NJ 8 =. tia and not exceeding thirty Jour
thereof WV. v.u.ao, ThNtno debt shall 30 cpn'l
yehts ,Ss, n,S ,his secsjon unless ~ questions
eonncc,ed with ihe sane, rls sns, a@', .aa baye ~
submitted to vote Of thr peop's NV, ~" Tor and
ceiy,i tlrre.R ',hs ofall me VOWS oA'''
. The Leai.la,us my. M..N.snd .;,,as towns, and
the corporate avthoritS ,rnoscs "a Asscss and
sl!!hges, Tor eefpora's :, y shsllbeuni(!orrm,..
collect taxes. eu.slea en "a prop.rly y .'a'n
4 tlujurisdclion ofthe authority VI
same. 6aHaigass eS4fl st
e,. ARTICLE X1. yasagi,s
CORPORATIONS 80
/. The Legislature shall provide for tho on
gapisalion ofall corporations hereaftcrstc bs
created, on general laws. uniform as 10 ths
class 10 whichtlry relate; but no corporation
shall be creaicd by special law: Provided. That
Mailing in this section contained shall rre,
vent the legislature from providing BY spscial
laws for the connecticut by canal, Of tho va
ters Of the Chesapeake with tho Ohio river by
thu line NJ the James river, Greenbtler, New
Rive, nnd the Great Knnawl,a Fi ii9gtta
2 The stockholdars Of ali compositions, and
ioint stock companies, except hank and bank.
iue institutions, created BY the lava of this
Stale, sl,all b. liable for the Indebtedness q :
such corporations 10 the ani,unt oil thelstock y
subscrihed aud unpaid md no more. !. j
3. An existing charteis or graniA 81 spacie!
or exclusive privileges snder which oreani
cation shall not hayc taken place. 'or which
Nh III not have hssn In operation within Two
years fran the time this constitution takes efs
fect, slinll thereafter have no validity Or elect
whatever: proviata, Thatnofhine herein shall
prevent the execution N any bona ti'Ie contract
hpo,,ofop lawfully made IN relation 70 any sex.
listing charter OF grant p this Slae. n. q. y
4 The legislature shal) provide by law.ihst,
in all elections fot directors or managers oi ~.
corpornieh rompnnia' every .stockhnlder thall
have the right 10 vote. IN person or w proxy,
for the number Of th,res Of stock owned by
him, itr M man, PERSONS as there are DIR g
ORR or managers to bs elected, or 10 cnmuIats
aid shir,s, and give our candidatefns many
votes ,us The s,lmber Of directors, mnltinlle!
nv The number Of his shares ot stock. shall
70 al. or ID distribute them OH tho same pri,.
ciple among as many candidates ~ ne snfi,
think a.: and such directors or rDnnagcts small
moi bs elected IN and other manner,
s Nolaw shall be passed by the Leglrla.
tlre, granting Me righ 10 construct and oper
aIe a strpet railroad within any city. town Nr
incorporated village without nq'iring We
consent Of local authorities having thsccpt'ol
Of The street or highway, proposee TO be occu-
pied by su:h stree. railroad,
BANKS, B * :sss.S
6 The Legislature. may provldesby .
general banking law. for the creation and
organization Of banks II issue or circala.
ton, but the stockholders Of any bank
hereafter authorized hv lawsoft this State.
vleIher ofissue. dor D or di'coaut, shall
b. personally liable to ilhecrrditorsthefeot.
over aud above iteamouut Of stock held
~ I 2 u - u y. q . avtS