Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1875-10-16
established for the education Ofchilaren of Airi'

Education whose powers and duties shall be
prescribed by law. The Superintendent of Pub
lie schools shall lie President ofthe Board. The
Governor, Secretary OF State and Attorney Gen
eral shall be ex oflicio members, and with the
superintendent, compose said Board of Ednca-
ton.
Sec. 5. The General Assembly shall, when
ever the Public School Fund will permit, and the
actual necessity Of the same may require, and
and maintain The State University now estah-
lished with its present departments. The gov
eminent of The State University shall be vested
in a i: Ca OF amTa,ors' TO CONSIST OF nins mem;
with the advice and consent of The Senate.
Sec. g.. The proceeds of all lands that have
been, or hereafter may be granted by the United
States 10 this State, and not otherwise apprOprI-
ated by this State or the United States; also. nj
moneys. stocks, bonds, lands and other proper.
ty now belonging to any Slate fund for purposes
OF education; also. the net proceeds OF all sale.
Of lands and other property and effects that may
accrue TO the Stute by escheat. from unclaimed
dividends and distribntlve shares Of the estate:
ofdeceased persons; also, amy proceeds Of the
sales Of the public lands which may have been o,
heres tier may be paid Overto this state. Gf Con.
gress will consent to such apprOpriation) also
all other grants, gif 5 or devises that have been
or hereafter may be made to this state, and no
otherwise appropriated by the State IN the terms
OF the grant, gift or devise, shall be paid into The
State Treasury, and securely invested and ST..
credly preserved as q Public school Fund; tn,
annual income Of which fund, together with st
much of the ordinary revenue ofthe State as may
be by law set apart for that purpose, shall b,
faithfully appropriated for establishing ant
ho tbS lICC lubttS Nv uhh tUt lat
University in this Article provided for, and FOL
no other uses or purposes whatsoever.
Sec. I: In case the Public School Fund now
provided and set apart by law, for the support
OF free public schools. shall be insufficient to
sustain a free school at least four months in every
year in each school district IN this State, tn,
General Assembly may provide for such def
cheney in accordance with section eleven Of thu
Article on RevenCe und Taxation; but in 1t
case shall there be set npartless than twenty: tiv:
per cent. Ofthe State revenue, exclusive of The
Interest and Sinking Fund, to be applied an
nqnally to the support of the public schools:
other property belonging to II county scnooI
fund; also, the net proceeds from the sale of es-
trays, also, the clear proceeds of all penalties
AMI forfeitures, and of all fines collected in the
several counties for any breach of the pennl or
military laws of the State, and oil moneys
,Sn sh. shall be i pa,d by g;l psrsSn an as an sh sGn5 Ssinns
to and be securely invested, and sacTedly pre-
served in the several counties, as q public
faithfully nsnu a1pp u for ". estab diI and
maintaining free public schools In the several
counties OF this State.
the State shall ever he invested in the stock or
bonds, or other obligations Of any other State
or of any county, city, town or corporation, and
the proceeds of the sales Of any lands or other
property which now belong, or may hereafter
belong 10 said school fund, shall be invested In
the bonds of the State of Missouri, or of the
Sec. L.. All county school funds shall be
loaned only upon unincumbered real estate Sc
curly, OF double the value OF the loan, Win
personal security in addition thereto.
Sec. IL. Neither the General Assembly. NOT
any county, city. town. towns. Up, school district
an appropriation, or pay from any public fund
whatever, anything In aid Ofany religious creed,
church Or sectarian purposes; or to help t" sup
apcade M s"s SEMINAR any pt college OF r University Sittyyor
other institution Of learning, controlled by any
religious creed, church or sectarian denUInina-
ton whatever; nor shall any grant or donation
of personal property or real estate ever he made
by the State, or any county, city, town or other
municipal corporation, Tor any religious creed.
ARTICLE XII.
CORPORATIONS.
Section l.. All existing charters, or grants OF
special or exclusive privileges, under which II
bona fde organization shall not have taken
place, and business been commenced in good
faith, at the adoption of this Constitution, Shall
thereafter have no validity.
Sec. =. No corporation, after the adoption OF
this Constitution, shall be created by special
laws; nor shall any existing charter be extend
ed, changed or amended by special laws, except
those for charitable, penal or reforInatory rur-
poses, which are under the patronage and con-
Sec. 3. The General Assembly shall not re-
nit the forfeiture Of the charter of any corpora
ton now existing, or alter or amend such for
feited charter, or pass any other general or
special laws for the benefit ofsuch corporations.
Sec. 4. The exercise OF the power and right
of eminent domain, shall never he so construed
or abridged rs to prevent the taking, by the
General Assembly, Of the property and fran
chises OF Incorporated companies already organ
ized, or that may be hereafter organized, and
subjecting them to the public use, the same as
that OF individuals. The right of trial by jury
shall he held mviOiate i'll all trials of claims Tor
compensation, when in the exercise Of SAID right
OF eminent domain. any incorporated company
shall he interested either for or against the eXer-
else Of said right.
the State shall never be abridged, or SO con-
strued as to permit corporations to conduct their
business in such manner AS to infringe the equal
rights Of individuals, or the general well-6eing
OF the Stale.
Sec. Z. In all elections for directors or man
ayers OF any incorporated company, each share
holder shall have the right to cast as many votes
IN the aggregate As shall equal the number OF
shares 30 held by him or her ~ said company,
multiplied by the number OF directors or man
agers to be elected ut such election; and each
shareholder may cast the whole number of
votes. either in person or by proxy, for one can
didate, or distribute such votes among two or
more candidates; and such directors or managers
shall not be elected i'll amy other manner.
Sec. 4. No corporation shall engage in BUSH
ness, other than that expressly authorized In its
charter, or the law under which it may have
been or hereafter may be organized, nor shall ii
six years, except such as may DE necessary and
PROPER for carrying on its legitimate business.
See. 8. No corporation shall issue stock or
property actually received, and uli a"titio Ma in n
crease OF stock or Indebtedness shall be void.
The stock and bonded Indebtedness of corpora
tAOuo oudti uOL Uc luCItH5eu, except In DuI Sllance
Of general law, nor without the consent of the
persons. holding the larger amount in value of
Inc stock drst obtained ut a meeting called for the
purpose, hrst giving sixty DAYS public notice,
Sec. 8. Tues from private corporations shall
be secured by such means as may be prescribed
by law, but IN no case shall any stakeholder be
individually liable in any amount over or above
the amount OF stock owned by him or her.
Sec. 10; No corporation shall! issue preferred
stock without the consent of all the stockholders.
Sec. IL. The term corporation as used
in this Article, shall be construed to include ali
joint stock companies or associations having any
powers or privileges not possessed by indIvid-
uals or partnerships.
Sec. Il. 1t shall not be lawful in this State for
any railway company to charge for freight or
passengers q greater amount. for the Transport
tation Of the same, for a less distance than the
suitable laws shall be passed by the General As
semoly to enforce this provision; but excursion
cial rates.
Sec. L.. ANY railroad corporation or associa-
ton. organized tor the purpose. shall have the
any points within this State; and to connect at
the State line with railroads Of other States
Every rniir0ad company shall have the right,
with It's road, to interseft. connect With or cross
any other railroad, snd shall receive anu t-ans-
port each the others passengers, tonnage and
cars, loaded or empty, without delay or DIS
Sec. H.. Railways heretofore constructed, or
that may hereafter be constructed in this State.
are hereby declared public highways, and rail,
rOud companies COMMON carriers. The General
Assembly shall pass laws to correct abuses and
prevent unjust discrimination and extvrtiOu in
the rates of freight and passenger tariffs on the
different railroads in this State; and shall, from
time to time, pass laws establishing reasonable
maximum rates OF charges for the Transportation
OF passenger, and freight on SAID railroads, and
enforce all such laws by adequate pe.ialtIes.
Sec. 10; Every railroad or other corporation,
organized or doing business IN this State under
the laws OF authority thereof, shall have and
maintain 4 public Office or place in this State fer
OF stock shall be made, and where shall h..
kept, for public inspection. looks i'm which
shall be recorded the amount of capital stock
s s,n,:T ths names Of the owners Of the
the amount of stock paid, and by whom. the
transfer of said stock, with the date of Transfer.
the amount Of its assets and liabilities, and the
names and places Of residence o.! it's officers.
The directors Of every r;iilrond compaEy shall
hold one meeting annually in this state, nuLlic
notice OF which shall be given thiI! " days pr.vi-
3.lsiy, and shall report annually, under oath. to
the State auditor, or some officer designated by
law, all OF their acts aud doings, which repor,
shall include such matters relating to railroads
us may be prescribed by law; The General As
semDly shall pass lnws enforcing, hy au,itah,.
penalties. the provisions Of this section,
Sec. is. The rolling stock and all other NOV
able iruptfty belong to any railrond company or
corporation in this State, shall be consItsrrd
personal property. andstall lie liable I. e,ncl,-
tlOn and saleln the same Ilanpcr rs the personal
property Of individuals; and The General AS
aelnllY shall pass no law rXemptiuy any sucb
property from execution and sale.
Sec. IL. No railroad Or other CORPORATION. or
the lessees, purchasers or managers of any rail
road corporation, shall consolidate III, stock
with, or lease. OF purclas. the wcrks ar frau
chise OF, OF In any way control any railroad cor
loratlon owning CT having Under its control Il
parallel or competing line; nor shall any officer
III Sltn fillTnll cnIhnrntIAn met - go, -I.-. -