Daily Yellowstone journal., 1889-09-25

poration when the property of such COM
pany or corporation represented by such
stocks is within the State and has been
taxed.
SEC. rs. The Legislative Assembly
hall pass all laws NECESSARY to carry on
the provisions of this article.
ARTICLE XIII.
PUBLIc INDEBTEDNESS.
SECTION o. Neither the State. nor any county,
city, town, municipality, nor other subdivision uf the
State shall ever give uT loan its Crcdl la aid Of, &C
make any donation or grant, hy subsidy or other
wise, to any individual, association ur corporation,
or become a subscriber To. or a shareholders IN, any
company or corporation, or a joint owner with any
ownership as may accrue TO the State BY operation or
provision of law.
sEc.l The Legislative Assembly shall not IN
any manner create any debt except. hy a law which
shall be irrepcalahle until the Indebtedness therein
provided for shall have been fully paid or discharged;
such law shall specify the purpasc to which the
funds so raised shall be applied and provide for the
levy OF a tar sufficient to pay the interest on, and
time limited hy such law for the payment thereof;
hut no debt or liability, shall he created which shall
iiahiity exceed The sum OF one hundred thousand
dollars (tIoo.oool except m case of war, to rcpcl in
yasion or suppress Instruction. unless the law au-
thorizing the same shall have been submitted TO the
people ~ a general election and shall have received a
majority of the votes Cast. for and against it At such
election.
SIC. !. All moneys borrowed by, OF on behalf of
the State OF any county, CITY. town, nuniS ipalIty or
Il ONncT SUBDIVISION OF n SDhlG, n nc uNcu only
for the purpose specified in the law authorizing the
loan.
SIC. 4 The State SHAH not assume the debt. or
any part thereof, Of any county, city, town, or mum
Cipal corporation.
Sac. s No county shall be allowed to he
come indebted in any manner. or for any purpose
to an amount, including existing Indebtedness. in
the aggregate, exceeding five 81 per oentum of the
value Of the taxable property therein, 10 he asccr.
tanned by the last assessment tor State and county
taxes previous to the mourning of such Indebtedness,
and all bords or obligations IN excess OF such
afuouut giNen hy- or on heha!f of such county shall
he void. No county shall incur any indebtedness OF
LIABILITY Tor any S'ngls ps'Psse % oa an amount e5ee sd
| proval of a majority of the electors thereof, voting
at an election TO be provided by law.
| SEC. q. No city, town, township or school dis
trict shall be allowed 10 BECOME indebted in any
manner or for any purpose 10 an amount, including
three per ceutum of the value OF The taxable propef,
" therein, To be asCertaIred nv the last assessment
IF such indeb,ness. and ali bonds or obligations Il
excess of such amount, given BY, or on behalf OF
such city, town, township or school district shall he
void: PrSvifsk, kss-cTcy, That the Legislative As.
sembly may extend the limit mentioned in this sec.
ton. by authorizing municipal corporations to sub.
init the question TO "A vote of the taxpayers affected
thereby, when such increase Is necessary to con
struct a sewerage yiem OF TO procure n supply OF
water fa such municipality which shall own and
controi said water supply and devote the revenues
derived th~ercfrom to The payment of the debt.
ARTICLE XIV.
MILITARY AFFaiKs.
SECTION l.. The militia of the State OF Montana
shall consist of all able bodied male citizens Of tbs
State between the ages of eighteen CiSl and forty
be exempted by the laws OF the State or Of ths
Sc a. The Legislative Assembly shall proyiI,
by law for the organization, Equipment, and dIsci
| pine of the militia and shall make rules and regula.
tons for the government of the same. The organi
regulations for the government of the armies of tbs
United States.
SIC. 4 The Legislative Assembly shall provide
by law tor maintaining the militia by appropriation.
from the treasury of the state
nv law ter the sate t.epsng of he pub,e anns' mil,
tary records, relics and banners Of the State.
So Mhsh ms .gSSsrn9T shan, VIII the son
in time of war, at the head of any military force
thereof, he shall continue commander in chief of ali
the military forces of The State.
ARTICLE XIV.
coRroRAuoSs OTHER THAN MUNICIPAL.
SECTION .. All existing charters. or grants al
special or exclusive privileges, under winch the
corporations OF grantees shall not have organized ui
commenced business in good faith at the time of the
adoption of this constitution. shall thereafter
have no validity.
granted. extended, changed or amended by sPceiaI
law, except for such municipal, charitable. educa
ional, penal or reformA,oTY corporations as are OF
islatiVe Assembly shall provide by general law foi
the organization of corporations hereafter 20 be ere.
atcd; PrcTikod. That any such laws shall be sub
Jet to future repeal or alteration by the Legislative
So a The Legislative Assembly shall have the
rorporation existing at the time of the adoption OF
this Constitution, or which may be hereafter incoT
porated, whenever in its opinion II may be injurious
To the citizens of the state
SIC, a. The Legislative Assembly shall provide
by law that in all elections for directors or trustees
Of Incorporated companies, every stoekholder shall
have the rightto vote in person or by. proxy the
number of shares of stock owned by him fot as
many persons as there arc directors or trustees to he
elected, or to cumulate said shares. and give one
candidate as MANY votes as the number of directors
multIplied nv the number of his shares of stock shall
equal, or to distribute them, on the same principle,
among as many candidates As he shall think Mt, and
SIC. {. All railroads shall be public highways,
and all railroad, transportation, and express com.
i~sIative control, and the Legislative Assembly shall
have the power to regulate and control by law the
rates of charges for the transportation of passengers
from one point to another in the State. Any aSSo.
citation or corporation, organized tor The purpose,
shall have to construct and operate a railroad between
any designated points within thus state and to con
and Territories Every railroad company shall
have the right with its road to interscct, connect
with or cross any other railroad.
SEc.o. No railroad oorporation. express, or other
TRANSPORTATION company, OF the lessces or managers
thereof, shall consolidate its stock, property or iran
chises with any other railroad corporation, express
or other transportation company, owning or hav,ng
shall IL in any manner unite It's business or earnings
with the business OF earnings OF any Other railroad
corporation; nor shall any officer OF such railr"adl
express, or other transportation company act as an
officer of any other other railrnads express, or othci
transportation company owning or having control oil
a parallel or competing line
SEC. : AL individuals, associations, and corpo-
ratinns Shall have equal rights to have persons OF
property transported on and over any railroad, trans
pdrtation or express route in tins Stte- no Jus
ton of freight or passengers of the same class, shall