The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1874-06-05

exercised by like Corporations Of
this State; nor shall they have
power to condemn or appropriate
private property,
SEC. s. The General Assembly
lmay by general Law, subject to the
| provisions Of this Constitution, ex-
! tend the existence Of societies for
savings, created prior to the 1st day
Of September, 1851, whose charters
are subject to alteration, amendment
or repeal. No other corporation Of
this State, incorporated prior 70 the
1st day Of May, 1852, shall have the
benefit Of any law passed since that
date or which shall hereafter be
passed, except laws regulating judi
elal procedure, unless they shall re-
organize under and be subject to the
provisions of this Constitution.
SEC. 9. No officer or agent OF any
company, operating or using q rail-
road within this State, shall be in
terested, directly or indirectly, eth
er by himself or associated with
others in the receipts, contracts OF.
earnings of such company otherwise
than as an ordinary shipper or pas
senger or stockhol6er, bond creditor
or employe; nor in any arrangement
which shall afford more adyanta-
geous terms or greater facilities than
are offered or accorded to the public;
and all contracts and arrangements
in violation Of this section shall BE
void.
SEC. 10. No Railroad company
shall consolidate with another, hav-
ing q line parallel or competing with
its own; or lease, purchase, or coz
troll such line; and no officer Of
Railroad company shall act S. an
officer of any other company owning
or controlling parallel or competing
lines; and no Railroad company
shall do business in this State which
shares its earnings In any manner
with a company owning or control
ling q parallel or competing line
within this state.
SEC. IL. No foreign corporation
shall carry on the business Of trans
porting persons or property, or Of
telegraphing, mining, manufacturing
or insurance in this State, except
while it maintains therein an office,
where, or on the person in charge Of
which, process may be served in any
action or legal proceeding Instituted
against it; nor after it shall cause or
procure to be removed into any Of
the Courts Of the United States a
proceeding instituted by or against
it in any Court of this State, upon.a
cause Of action arising out of such
business, which a corporation Of this
State, if party to such proceeding
might not eapse or procure to be so
removed.
SEC. u. The General Assembly
shall pass laws to correct abuses
and prevent unjust discrimination
and excessive charges by Railroad
companies for transporting freight
and passengers, and shall provide
for enforcing such laws by adequate
penalties and forfeitures.
SEC. 13. No corporation shall
issue stocks or bonds, except for
money or property actually received
or labor done;. and all fictitious in
crease of stock or Indebtedness shall
be void. The stock and bonded in
debtedness of corporations shall
not be increased, except in pursu-
ance Of general law; nor until the
consent Of the persons holding the
large amount in value Of the stock
shall be obtained, at a meeting held
after notice given, for a period not
less than 90 days, in pursuance Of
law.
SEC. IA Persons and property
transported over any Railroad, shall
be carried to any station at charges
not exceeding in gross the charges
of the same class and amount Of
transportation CT persons and prop
erty in the same direction to any
more distant station; but excursion
and commutation tickets may be Is
sued at special rates.
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