The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1889-07-28

be Imposed on the landlord. esat kss.h
people deserve . social boycott; the furer
OF sc0Fn should marx them. they should &c
ostrnclsed from the respecsabls citizens of
not only IN name. bat "a reality, the Queen
City Of the Pactfc- 2. J. CuxITrx.
RRPORr on CORPORATIONS.
The Tsxs Cesslssrahly Changed
From That First eubntsted.
Following Il the report Ut the committee
on corporations II Is considerably ano1fi.
ied from that Art decided upon:
ARTICLE -.
CORPORATIONS ofmER THAN MUNICIPAL
sErTios /. Corporations msy Be formed
under general laws, bat shall not be created
BY special actF. All laws relating 70 cor.
porAffons mag BE- altered, amended or re-
peAled By the Legislature 1T any time, ana
al corporations doing busintss In this state
may. . TO such business. BE- regulated,
limited, or restrnined by Law.
Sec. 2 All existing charters. franchises.
special or exclusive privileges, under
wn1ch IN actual ana boea fide organ
izstioa shall not have taken place.
faith. ~ tae lime Of the adoption Of this
constitution. shall thereafter have no
validity.
See. i The iegis.snrc shall not extend
any franchise &c charter, nor remit the fog
feiture Of any franchise Or charter Of any
corporation now existing. OF which s5alf
hereafter exist under the laws Of this State
Sec. 4. All stockholders IN ali fncorpor-
ated companies, except corporations or
gafszed for banking or Insurance purposes.
shall be Liable for the debss OF the eorpor-
alton 20 the amount Of their unpaid stock,
aud no more.
See. s. Tee term corporations, a. used In
this articies shall be construed 70 include
eli associations and joint stock companies
having any any, Of me I.oMers q Prisi!sgcs q
or partnerships. and AL corporations shall
have the right TO sue and shall be sub
jees to be saed, In al courts, Ia ike canes
rs natural persons
sec. O. Corporations shall NOT issue
stock. except 70 bona nde subscribers
therefor, or their asxigncxs; nor shall any
corporation issHe any hond. or other ohiI-
cation, for the payment OF money, EXCEPT
Tor money or property rereiyed or LABOR
done. TIE stock OF corporations shall not
Is increased. except in pursuance Of .
general law, nor shall any law authorize
The increase of stock without tas consent
of the persons holding the larger amount
III vaiac Of the stock nor without due nor
tiee OF the proposed increase having been
previously given Ia such manuer a.
may be prescribed by law. Ali fictitious
increase Of stock or Indebtedness shall BE-
void
sec. Z. No corporation shail engage la
any business other than that authorized in
It's charter or the law under which IL may
have been or may hereafter be organized.
see. s No corporation organized ont
side th6oimsts vs this state shall be allowed
To transact business within the state on
more favorable conditions than arc pre-
seril,ed by law to similar corporations or
gxntsed under the laws OF this state.
see. y. Every corporation otffer than re
ligions. educational, or benevolent. organ
lad or dpang business IN this state snail
have and fnaiutaiu an Office or place In
THIS state for The transaction Of its business
where transfers OF stock shall bo made.
aud In which shall Be kept for inspection
by every person having An interest therein
including creditors, AID legislative COM
mtttees, books m which shall be recorded
the azoant OF capital stock subscribed.
and By whom: the names of the owners of
iss stock, and The amounts owned By them
respectively. the amount OF stock paid In.
and BY whom. the ansters OF stock. the
amount Of It's assets "a Liabilities, and the
names and place vi Residences 81 us Of
tieors.
see. 10 A corporation or association ma
hs saed la the county where this eontrast
is made or h Co BE- performed. or wh,sSe the
obligation or liability aiise<, or tie earn
occurs. or in the counfy where the pfih-
eitsai place vi business OF Stirh cooperation
is situated, subjccg to lac power OF the
court toseaange the place oil tfisi A. ia
Dsaer eAseS.t
sec. ii. The legislature shall nos pass aay
laws permitting the leasing or sliensaou
al ans Franchise, 50 as 10 relieve the fFan-
elise or property held tnerennsser from tie
! liabilities OF the lessor or gfanTer. lessee or
grantee contracted sr incurred IN the es,es-
I alton, use or enjoyment uf sn.h franchise
az any 81 its rsslsegss
: see IL, The state shall pot any IN manner
/ Loan its eseait. nor shall IL sab>crtoe 10. or
/ ne interested III the stock o. any company,
association or corporation.
/ see II. The exercise OF the right az czai
/ g.sui domain shall never be 50 sbr.tsSed OF
construed IS 10 prevent fne isx Starc
I fraia taking the pfopegty aud Franchises OF
I Incorporated companies aud snhlscang
tarn ID pubic use Tbs same As Tue pfos-
eFty 81 individuals
I ss,c. IA lhe legislature shall have no
( powes 20 pass any nef gFsssftns siy CHARTER
poses. baE corporations ar associ'
atoms may ~ formed FOR such paT-
I f~sxes under X neral laws. No corporation,
association. er Individual shall i,Ssie eF pssf
/ ia circulation as MONEY anything out tsae
lss,ltal aaaasey ~ the United States.
/ Each steN khsaaeg ~ any sgeh eoFfNsFa'
flost az s3ssit stock s<sskiastoi4. sasa hS -
siissdually add personally lathe ioS s0seh
proportion al al iES Grofs AMI lsstsaifars
( Contracted og incurred. during toe tine as
Nas = sax 4 ssoisiey. a. tfse amount es stosA
Z ,as shares ON sea ey bin bears 10 TIE Hisele
! ~ tae susscg. bed ea Fttal stoek os shass< ~
ths. fasft<sfaiass1a OF association.
sec. IL Ia snail - crtsae, the nature
/ aud pguissausNnt ct whtvh snail ee Pee
serst,ea ry isw, Toe any pres1,ssns ditss ss,.
manager cashier, ~ other pfieSf, 81 stas
bask{nx suststat0s, 80 fseefve OK a.sti ~ -
ter f,seessstoss az cStsostiS SiieT h~ snSs
h.svs Know sses-e OF the fast tbht stzca cSrk
E t.fa, insftsas.nss il kassavekit ~ u fs1izns
CIRCUMSTANCES aad aay stacn orsecF,
sxpus ~ manager shah he tn1isidusliy
vess,.s.axai,se fer ssicA deposits 50 sS~e3ssst
Sec. Is al FatsFDsn, canal SAD Vsaef
4 fr,sassssstsss8x co.'s sahsS< sre DECLARED 70
gsss etzs sss,3i fsEssexs. ADD subtert - seNss
sats,sss ssssu.sxsl AM sSseH saktes1 81 tafiof-
; asa,sls organized ses Et4e pssFI~ssss RadsF t9v
sasss II thts state snsts hAfs
tlss rixh4 10 s4snnSss A. the stste lsae Win
ss.eslstsassy shall have taS siEhf WIG IS
ssaxs y sxtlsSF The saasse ss stew cssnstfsssssa
- yss3x hereafter be- SonsS gartsxs. r. 3tstsE
1 S. ssFxsss az eaBmses N3kA sny osasy rssa-
( rx,nss. and v ss$ss such raj sr'zsss are 90 fhs
I same -ss ssse1lzt Eaexc, inxy sESA ~ Al
ems sEssss. sss& al fsaiass MaHTs satsEtsSa
shsu Assstfs or tetsslsnasH, a. or assf &sss
sI-T rxstsssazz Esska pEssE7v esfssssz lsssst -
sesfthe ears 81 Aag stte2 saAss1ssf essas>
ssa.sf.x nav &c sf~~Stlss Transferred fsNssR
$50 sir.ss,st - stsss< AL Pa fuss ~ b
psniss saai e<ssse snA sssfAskssss ess g sSe
sss> sssse ezsssss. fklssiissssr sass eSss vaA&
On, de3sy or 3t>eEs aatk Assssaa.
SO. ~ NJ Yatzaa& sess psax, or s<hsf
ssss,.ss.ssa ca sr.rr, SASH sssssesna er HzsA :
.ssg ssseira.t 4sft The Ss tssss * snS ss7s-< !
sass seaxts tsfs o. Hs7ses post ~ us ssssss
~ wtxn zag ezaazas5z S&zftSS. - = s<s's
ssssalssxAsses or sonsrssk tns esEiaaEaxs -
one ssasux abe earring arr 80 y se@F<zi ~
sass sstlsex Dsss s~iug sae CART 10 :.
ssc. "a NJ Discrimination ~ Sssskss -