The times. [volume] (Richmond, Va.) 1890-1903, 1902-01-24

tives of the deceased shall have the sam,
rights and remedies that they would nay,
had if he had not been an empIoSs "
the. company. Any contract or dSte
uent. express or implied. made by anu
en1plove to waive the benefit OF tuis. go
ticn shall be null and void. This sectlPt
slaII not be construed TO deprive al
errploye of a. corporation, or nus isSa. ~
personal representative, OF any aiS ~ y.
remedy that he now has BY the Jaw -
rho land The General Assembly may
enlarge the relief and remedies here5s
provided for the above named class
an-nIoyes and may extend those heFt'
provided for or herein authorized, To any
other class of employees rr->.e.
Section 12.-No foreign corpora tl ts,
shall be- authorized to carry ON IN taH
State the business of banking or mlila~
nor to exercise any of the powers 81
functions of q. public service corpordtio'.
nor be permtte dto do anything "fl!S
do nestle corporations are prohibited froI.
doing, nor be relieved from compltaatt
with any OF the requirements mace -
domestic corporations by the ConStiti.
ton and laws of this State. where tG&
same can be made applicable to such cor
poratioIr. But this section shall not af'
feet any public service corporation whost
| line or route extends across the bounda'
ry of this Commonwealth, nor pre"eui
! any foreign corporation from continuul
+ in such business as it may be actually
/ engaged in within this State when this
( such foreign banking, mining or pubic
| service corporation 50 engaged shall net
| be authorized to hereafter acquire. !a,ss
use or operate within this State any real
estate or public franchise in addition f:
what 1t may own. lease. use, or oDerats
when this Constitution goes into effect
| The property within this State of fureigf
| corporations shall always be subject t.,
attachment. the same as that OF non.
resident individuals.
Section 13.-rhe right of the Common
wealth. through such instrumeatalit:s.
as 1t may select, to prescribe and detiuI
the public duties of all common carriers
and public service corporations TO regu
late and control such carriers and
pOrations in the performance of said
duties. and to fix and limit their charges
! therefor, shall never be surrendered o,
abridged.
Section 1.-THE credit of the State shall
not be granted to o. in aid OF any cor
poration. nor shall the State hereafter
subscribe to or become Interested in thu
stock of any corporation.
ANNUAL REPORTS.
Section i5.-The General Assembly shall
require annual reports TO be made TO tina
| Corporation Commission OF their afaiTa
and condition by all corporations dom;
| business in this State. the character or
! extent of whose business shall render
| publicity in their affairs essential or con-
/ Ciucive to the public welfare.
| Section 16-The General Assembly shall
| enact laws preventing all trusts. combt-
! nations aud monopolies inimical to tho
section 1.-THE free right to hlild AMI
/ operate railroads parallel 70 any "Iug QUE,
| railroads previously established shatt
| never be abridged nor denied to aily Itit-
road company hereafter chartered BY tu'f
! Sratf.. bur this section shall not depflN.
the General Assembly oil th ms, ri ~ ~ u,
prevent (by statute. repeaabie NJ mo
| pleasure of the General Assembly ihS
railroad from being built parallel TO tue
present line of the Richmond. tretiericHS-
burg and Potomac Railroad.
Section fS.-Gieneral laws regulating Ant.
| controlling the issue of stock aud bonds
| by corporations shall be snicteu pE ~
| General Assembly: but no statute snaIt
be enacted authorizing any corporation
to issue it's stock rs full paid at less tiidii
| it's par value. Whenever anything otl'F
than money is hereafter received or 70
| be received by Il corporation, III TUT or
! part payment for stock or bonds 10 be
| issued by it. the corporation shalt be-
/ fore the issue OF such stock or bonds, nc
with the Corporation Commission II lui.
|! and accurate written description tYsrlHCt
I by the oath OF the president or SeCre-
| tary of the corpOratiOn) of the propertE
( or services SO received. or TO be received
I Stated in detaiD, and against which the
| said stock or bonds are 10 be issued To-
! gather with a written statement, SINH
! larry verified of the valuation ut which
I the said property or services are 50 re-
/ ceiVed or 10 be reccved-L separate VAL
! uatiOu being specified for each separate
item of the property OF services as stated
| in the description thereof The General
/ Assembly shall provide adequate penai-
| ties for the violation OF this section. or
( Of any laws passed in pursuance thereof,
/ and it shall be the duty Of the CORPORA
| ton Commission TO see To the enforce
! mont of the provisions of this section BY
| adjudging and enforcing against any de-
| IinQuent or offending company. in the
| manner hereinbefore authorized. such
I fnes and penalties as are authorized b"
I his Constitution or may be prescribed
REVOCATION OF CHARTERS
Section 19.-Aii existing charters or
( grants OF corporate powers under which
an organization shall not have In good
faith taken place before this Coustitu-
ton goes into effect and the corporate
( powers of all corporations heretofore eS-
listing. but which have had no bona f1de
organized existence since the first day
OF January. 1902, are hereby revoked