The Dickinson press., 1889-08-24
ARTICLE VII.
CORPORATIONS OTHER THAN MUNICIPAL.

SEE 131. No charter of incorporation
Shall be granted, changed or amended by
special law, except in the case of such
municipal, charitable. educational, penal
or reformatOry corporations as may be
under the control of the state; but the
Legislative Assembly shall provide by
general laws for the organization of all
corporations hereafter to be created, and
any such law, so passed. shall be subject
to future repeal or alteration.
SEC. 1872. All existing charters or grants
of special or exclusive privileges, under
which a bona tide organization shall not
have taken place and business been com
menced in good faith at the time this Con-
stitution takes effect shall thereafter have
no validity.
SEC. 1873. The Legislative Assembly
shall not remit the forfeiture of the charter
to any corporation now existing, nor alter
or amend the same, nor pass any other
general or special law for the benefit of such
corporation, except upon the condition
that such corporation shall thereafter hold
its charter subject to the provisions of this
Constitution.
SEC. 1874. The exercise OF the right OF
eminent domain shall never he abridged. or
so construed as to prevent the Legislative
Assembly from taking the property and
franchises of incorporated companies and
subjecting them to public use, the same
dS Wiz property vi ltltlNliutlSs tlll lilt tN-
erci>eof the police power OF this state shall
never he abridged, or SO construed as to
permit corporations To conduct their bust
ness in such q manner as to infringe the
equal rights of individuals or the gener |
we'll being of the state.
SEC. 1875. In all elections for directors
or managers of a corporation, each men,
Der or shareholder may cast the whole
number of his votes for one candidate. or
distribute them upon two or more can
didates, as he may prefer.
SEC. 136. No foreign corporation shall do
business in this state without having one
or more places of business and an author
lied agent or agents in the same, upon
whom process may be served.
SEC. 1877. No corporation shall engage
in any business other than that expressly
authorized in its charter.
SEC. 1873. No corporation shall issue
stock or bonds except for money, labor
done. or money or property actually re-
ceived; and all fictitious increase of stock
or Indebtedness shall be void.
The stock and indebtedness of corpora
lions shall not be increased except in pur-
suance of general law, nor without the con-
sent of the persons holding the larger
am, unit in value of the stock first obtained
at q meeting to be held after sixty days no.
tice given i'll pursuance OF law.
SEC. 1879. No law shall be passed by the
Legislative Assembly granting the right to
construct and operate IA street railroad. tel
graph. telephone or electric light plant
within any city, town or Incorporated vii
lage. without requiring the consent of the
local authorities having the control of the
street OF highway proposed to be occupied
for such purposes.
SEC. l4O. Every railroad corporation or
ganized and doing business in this state.
under the laws or authority thereof, shall
have and maintain a public office or place
in the state for the transaction OF its bust