New-York tribune., 1915-09-28
,rATE CONSTITUTION.


prorid, fhGl ihe sstcssrlcn; f1l VI soch iarCeT
district shdu serve for uli ne issssr tar ais-
f'tr-s utftir ifs boundaries SO 3 ~ tar d.s-
iricf i0rgsf fHdr torn. eTc,pf city, stgH
D. esfqiIfsfSd uHfn no lou .r0 't1ing therefor
shdA LGIs bcen 04'fl,l bp t0.f u ma-
.o-rft o. o., el-cfofs tofng Isteoa "a snrh
rssioA sh1H BE- made ~ .7u ite legislature
may ieser,'. pror.dc foi 80 dssessnenf by
mated ciesc, Of psbac service eory6Tef.ons.
AFsTr4,..- Sccfors Two Gad three require
10 D. read In conjunction. Their eaect + ss
follow. Al taxes are required 10 be Imposed
by genera. avs sad FOR public purIoses oLly
The legislature s required 70 classify tie
thar IN tbs Atsessmsnt O. ordinary real proI.
eriJ he assessing officers aust be selected
side Of The ely q New YoFA tai district
uait, no: lsrger thtu -ouatJ bri 90 tsx
u'trict Arfei than ,oss csn be established
without local referendum ore system Of
,sscssmenl and cole tioG ma, BE- established
for .. the tar i.stricts within the lsrger
tsI district AMT his viii avoid the pre,sat
large ssvng of eIpehse The lsgs.Aiue Is
required TO provide Tor supervision review
nake for greater uniformity ard less lneqgal-
lty o taxation. The legislature Is empowered
T. provide for the assessmsnt OF all the prop
erty of public service ooFporat!ors BY stat.
Authorities To nature and extent y steam
az street rai.soti. tflepncne ana telegraph.
electric. gss and water properties has beoa
local ssscsEor. fLcse sections vest CON
pete aud ruham9er'd ooV'r q the legislature
10 dea. effectively "ith the subject Cf laNatiou
70 the end that property now notor'ods!y -
cspiEg ts1sloc may be made 10 bear fair
Gld inst share ot the burdens of government.
ARTICLE WILL ri
Section J. Cofporai oIS nay BE- formed 10
specia s;t. Sep, iof municipal purposes aud WI
in csses where IN ne je!smcat o. The leEis
attained under general laws All general laws
sni special acts passed pursuant TO this sec
toe may Dc altered from time 10 time or re-
tealed
Section . Dues from corpora 'ons shan be
secured by su.h individual liability Of the
corgorGtors and other means as nay b4 IRE
scr.bed by '2N
SrctOu The term corporations as used
10 ,hl, s-fiCic shall bc cotsir'ci 10 inch 10
al associations and Joint ,r.,. .ou.raal
having any of The g.v.r. ,r ~ yil1rc, Of
corroIaN Cons no possessed by ll4i,.dlsI, or
partucrsLips And a.. corporations shall have
the right 10 -, 500 shal Doe subject 10 be-
sued IL an courts .n IAe cases natural
persous
Section Ihr 'e..alure ,hall. by general
law. conform az charters of savings banks.
or lnftitutious H. .a .-rs. N 2 ufcrn.tv
of powers. nights md liabilities. snd al char
ters hereafter granted ior such corporGtl, ~
law. and 20 such Gm"7lfcnts g. u9y b. made
thereto And nl slcL corporation shall have
any cspit9l STOCK. ror. sual tho trustees
Thereof or aEr 'l ih"m nave any interest
whatever. direct - Indirect IN he profits Of
erch corporation, ard no director or frustes
of rrv SI,h bank or institution sbsl b. in
feresttd ip any lopr or use n any money or
property CI such haun or inst tutlou fos gsv.
I.c> TIE leg. "ro shall he 10 lower 70
r9., any AT g.aLtirs anY .r,.la. ~har,ar ~ ~
bauoluE .rr. c-eH- lrt corrorA ous or asso-
cis'.ou' nay tr forrei Tor such purposes IN
Ger general laws
rltiou 30 '"hr lorie.aturr ehail have no
power 90 pass any law sancti0niug IN any
manner. directly or irllrec. =. rho suepoutio-
~ spec,s na.,rer,s be-. .-, ,o-qoD aeaoris'
tion or CORPORATION. Issuing bank notes OF
any dcycription
by law for the ropfetry n ali LlIlg or notes.
issued OF pvt 10 circulation az money era
shnn require smp'e serurty for She rai'mp-
Section Tho stock holders of every cor
poratlcn nd 'oirt stock asgoctafion for bank
slble 10 The amour; OF ihelr rcsplc;ive share
or shares Of STOCK In any such corpora iOn
or association for all its debts and liabilities
OF every .ird
Section In case Of the Insolvency o. any
bank or banking iee0eiatiCn the bi'ihoidc-s
thereof shall be entitled 20 pref-rence in pay
nienf over ali o-ter credi,rnrs % such tank
Or association
Section . Neither the credit noe the
to or In aid Of any association. corporation
or private undertaking. This section shall
not however. prevent the legislature from
support OF the blind. the deaf ana dumb and
Juvenile delinouents. ns 10 il may seem
proper Nor ehaii it app.s % any fund or
held. by the state for educational purposes.
Section 10. 20 county. city. town or vii
age shall hero. ftcr rive any money OF prop
eTty. o. loan its more or credit TO or in aid
Of any Individual. association or corporation.
OF become directly or Indirectly the owner Of
stock in or bonds OF, any association or cor
poration nor shall any such county, city.
town or village be allowed 10 incur any in
debtedness except for county, ci;y. town or
village purposes. This section shal! no; pre-
vent such county, city town or t'!age ttoiu
making such provision for The aid or support
OF It's poor az may be authorized by law
Section II. Part OF : 10 ot present article
eight No county or city shan We slo"eI
10 become indebted for any purpose or IN