Wessington Springs herald. (Wessington Springs, Aurora County, Dakota [S.D.]) 1883-1891, 1889-09-20

MAKE suh I accounts, or some ofacer or Of,
Of d rst to be designated by law, of all their
lS.,s and doings, which report shall in.
At ''3a such matters relating to railroads
WA nav he prescribed by law, and the leg.
u n, shall pass laws enforcing by suit.
is ,io ,,onalties the provisions of this Sec
t!on. u,. .,,,; .4,
,.ner movable property belonging to any
us;iroad company or corporation in this
..a+. shall be considered personal proper
:. -" and shall be liable to execution and
y ais in the same manner as the personal
,,rouerty of individuals, and the legisla-
,,,a shall pass no laws exempting such
.'ronerty from execution and sale.
sec. il. No railroad corporation shall
oonsolidate its stock, property or fran.
onises with any other railroad corpora
ION owning parallel or competing line
md in no case shall any consolidation
.ahe place except upon public notice CIV
ON out, at least sixty days, to all stock
Holders in such manner as may be provid-
cd by law. Any attempt to evade the
,o,royisions Of this section, by any railroad
s,olrnoration, by lease or otherwise, shall
york forfeiture of its charter.
Sec. Is. Railways heretofore construct.
Cd or that may hereafter be constructed.
in this state, are hereby declared public
hirhways, and all railroad and transporta-
lion companies are declared to be com.
mon carriers and subject to legislative
control; and the legislature shall have
nower to enact laws regulating and con-
rolling the rates of charges for the trans
rortation of passengers and freight as
such common carriers from one point to
another in this state.
sec. 16 Any association or corpora
ion organized for the purpose shall have
the right to construct and operate rail
road between any points within this state,
roads of other states. Every railroad
road to intersect connect with, or cross
sny other railroad, and shall receive and
transport each the others passengers,
tonnage and cars, loaded or empty, with
out delay or discrimination.
laws to correct abuses and prevent dis
elimination and extortion in the rates of
freight and passenger tariffs on the diff
serent railroads in this state, and enforce
such laws by adequate penalties, to the
extent, if necessary for that purpose, of
forfeiture of their property and fran
shises.
Sec. 1S. Municipal and other corpora
ions and individuals invested with the
privilege of taking private property for
public use shall make just compensation
for property taken, injured or destroyed,
by the construction or enlargement of
their works, highways or improvements,
which compensation shall be paid or Sc
cured before such taking, injury or de-
struction. The Legislature is hereby pro.
hibited from depriving any person of an
appeal from any preliminary assessment
of damages against any such corporation
or individuals made by viewers or other
wise, and the amount of such damages in
al cases of appeal shall, on the demand
of either party, be determined bya jury
As in other civil cases.
Sec. 10. The term Corporations" as
used in this article, shall be construed to
include all john stock companies or as
sociations having any of the powers or
privileges of corporations not possessed
by individuals or partnerships.
ARTICLE XVIII.
BANKING AND CURRENCY.
See. 1. If general banking law shall
he enacted it shall provide for the regis
Try and countersigning by an officer of
this state of all bills or papers credit de-
signed to circulate as money, and require
seeusity to the full amount thereof, to be
deposited with the state treasurer, in the
approved securities of the state or Of the
United States, to be rated at ten per
eentnm below their par value, and in
case of their depreciation the deficiency
shall be made good by depositing addi
tional securities.
Sec. 9, Every bank, banking company
OF corporation shall be required to cease
all banking operation within twenty
wears from The time of its organization,
and promptly thereafter close its bust
ness, but shall have corporate capacity to
sue or be sued until its business is fully
closed, but the legislature may provide
by general law for the reorganization of
such banks.
Sec. 3. The share holders or stock
holders of any banking corporation shall
he held individually responsible and liza
DE Tor all contracts, debts and engage
.nents of such corporation to the extent
oi the amount of their stock therein, at
the par value thereof, in addition to the
amount invested in such shares or stocks;
and such individual liabilities shall con-
tinue for one year after any transfer or
sale of stock by any stock holder or stock
holders.
ARTICLE XIX.
CONGRESSIONAL AND LEGISLATIVE APP
POINTMENT.
Sec. 1. Until otherwise provided by
law, the members of the house of repre-
sentatives of the United States, apportion-
ed 10 this state, shall be elected by the
state at large.
Sec. 2. Until otherwise provided by law,
,he senatorial and representative dis
riots shall be formed, and the senators
and representatives shall be apportioned
As follows:
SENATORIAL DISTRICTS. -
District No. shall consist of the coun-
" OF Union and be entitled to one ssena-
or
District No. 2 shall consist of the
county OF Clay and be entitled to one SEN
ato.
District No. 3 shall consist of the coun-
~ Of Yankton and be entitled to one sem
3tor
District No. 4 shall consist of the coun-
~ Of Bon Homme and be emitted to one