The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1874-06-12

e1ceel I'VE per CENT u t-g .A@-1-if- 4
property Of the township, city OF vi
lage, nor bear a greater interest thar
seven per cent; and taxes levied o.
account Of such aid OF debts sha'
/ not exceed one per cent Of such tax
! able property in any year. The pari
/ of the work on which the aid is to be
expended must be definitely located
before the election, and security Civ.
en- for its completion before the aid
is granted.
ARTICLE Ix.-THE MILITIA.
The word "White7 is stricken out
ofthis Article. so that all able bodied
citizens shall be liable to military
duty. A limited exemption to those
who have conscientious scrupies IS
allowed upon payment Of an equiTa-
lent into the school fund. All oil
GERS above the rank Of captain, ex-
eept the stat Of general officers and
colonels, are hereafter to be appoint
ed by the Governor; but maior and
brigadier generals must be appoint
ed with the advice and consent OF
the Senate.
ARTICLE AND TOWNSHIPS
Every county and township is de-
clared to be q body corporate, thus
fixing their hitherto indeterminate
status in this respect Their organ
ization, powers and abilities are to
be prescribed by the General Assem-
bly,. County officers are to be elect
ed in November and for a term not
exceeding four years. change to
conform to the biennial elections
system. County Auditors, Treasur-
ers and Prosecuting Attorneys are
to be paid by fixed salaries, and not
by fees. Township officers are to be
elected at such time as the Legisla-
ture may prescribe, and hold Office
not exceeding three years.
Power is also given to counties
and townships to levy local taxes
and assessments for roads, bitches,
and water-eourses, as well as police
purposes.
ARTICLE N.-AUEICIPAL CORPORA
uoNs.
The new Constitution preserves all
the limitations upon municipalities
contained in the existing Constitu-
ton, and adds others, as follows.
l. The General Assembly is re-
quired to provide for classifying mu-
nicipal corporations in not exceed
ing six classes, and to define the
powers of each by general laws ap-
plieable only to municipalities Of the
same class; and thus prevent the
subterfuges by which special legis-
lation has been had for particular
towns and villages under the present
Constitution.
2. No property can be assessed
more than ten per cent. of its taxa
bic value in one year, nor more than
fifty per cent. Of its highest taxable
value in any ten years. But this
provision is not applicable to any
city the debt of which already equals
ten per cent. of its tax duplicate, IN
til the next valuation of real estate
for taxation.
8. The debt Of municipal corpo-
ration shall never be increased be
yond five per cent. Of its tax dupli-
cate, unless the increase and It's OBJ
iects be authorized by three-ioUrths
of the electors Of such corporation;
and the debt shall in no event ex-
ceed ten per cent. of such duplicate.
In computing the debt there is to be
/ included a sum the interest ofFhieh
at six per cent. will yield the aggre-
gate amount Of all rents paid by
such corporation for parks or other
leased property. This Limitation is
qualified so as not 10 apply to debts
necessarily incurred for military
purposes in time Of war; nor to
debts incurred to complete works al
ready authorized and actually begun; {;
nor to 8 corporation borrowing mon
ey in anticipation Of assessments
levied but not collected; nor to q
corporation the debt of which ell
ready exceeds ten per cent, until
the first valuation of real estate after
the adoption Of the Constitution.
4. Money raised by taxation, as
sessment or loan for one purpose,
shall not be diverted to another.
8. No tax or assessment shall be
levied or debt contracted BY mu-
nicipal corporation unless in pursu-
ance of law and for public purposes
authorized by law, except as may be
otherwise provided in the Constitu-
ton.
6. Municipal corporations shall
not condemn private property for
any purpose until compensation be
first made in money or secured by a
deposit of money.
ARTICLE XII.-PRTvATE CORPORATIONS.
None of the provisions Of the pres
ent Constitution respecting private
corporations have been touched, ex-
cept Section Z of Article 13, which
has been modified as follows: As
the section stands in the present
Constitution, it forbids the taking
effect Of a law authorizing associa-
tions with any banking power what
soever until it has been submitted
to and ratified to by the people.
This was thoughtto be unnecessarily
stringent, and was therefore modified
| so as to permit the General Assem-
blv to authorize banking associa-
tions without vote of the people,
except where it is proposed that such
associations may issue paper money
| in which case the requirement Of the
present Constitution is continued.
Numerous important additions
have been made respecting private
corporations, which, are in general
terms as follows:
l. The redemption Of any paper
| money issued in this State must be
! fully secured by the deposit Of bonds
of the United States and OF the State
of Ohio.
.. In the election Of directors Of
every private corporation each share
holder shall have as many votes as
the number of his shares multiplied
by the whole number Of directors Of
| the corporation, and may cast them
| all for one candidate or distribute
them as he may see fit-sO that Il
| there be thirteen directors, the hold
ers of one-thirteenth Of the stock can