The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-09-27
without mourning liability upon the psrs

without mourning liability upon the psrs
Abstract.-This amendment extends the
existing prohibition against the sale, lease
or other disposition OF the Erie and other
canals so as TO embrace canal terminals
heretofore or hereafter constructed. IL also
defines the canals to which such prohibition
applies; such definition being necessary on
SsfSqs' which, ri sne w fogs' romnIs,s o. MI gsss s
certain existing canals and canal lands in
a condition where they cannot be used for
canal purposes. The amendment thefefore
provides that the abandonment. sale OF
other disposition OF canals or canal prop
erty which shall cease to be a part of the
canal system shall be only pursuant TO
general laws, which shall secure TO the
state the fair appraised value thereof. The
s1anting OF with respect 70
easements for necessary bridges. 1t is also
provided that surplus waters of the canals
may be leased. but only pursuant to
general and not special laws. The para
graph relating to real property appropri-
ated Is designed 70 remove an uncertainty
as 10 the states title to the property. and
does not in any manner interfere with
Section f9.l II. No tolls shall hereafter
be imposed on persons or property trans
ported on the canals, but all boats naviKat-
Ing the canals and the owners and masters
thereof. shall he subject to such laws and
regulations as have been or may hereafter
be enacted concerning the navigation OF
me canals, The legislature shall annually.
- ~ hhN'Fg NNlhht IAoNlN " ~
expenses OF the superlntendence and re-
pairs OF the canals. All contracts for work
WITH tbs ON any canal shaai ne made
provide the same at the lowest price. with
adequate security for their performance.
any contractor; but II. from any unfore-
seen cause. the terms OF any contract snail
prove to be unjust and oppressive. the
canal board may, upon the application OF
the contractor. cancel such contract.
Section no 10. The canals may be Inn
PROVED IN such manner as the legislature
authorized for that purpose In the mode
prescribed by section four of this article.
or the cost OF such Improvement may be
betrayed by the appropriation OF funds
from the state treasury. or by equitable
ARTICLE X.
Section !. The power Of taxation shall
never be surrendered. suspended or con
tracted away. except as TO the securities Of
after no exemption from taxation shall
be granted except by general laws and
upon the Affirmative vote Of two-thirds Of
all the members elected to each house.
Abstract.-This section prohibits exemp-
ton from taxation by contract. except as
TO the securities OF the state or a civil
been held by the courts to be irrepeaiable.
ana the power Of taxation over the ex-
einpted property is lost forever. Future
exemption. can be granted only by general
laws, which must receive a two-thirds
vote of the members elected to each house
~ the legislature instead of a majority
section g. Ta,e, shall be imposed by
general laws and for public purposes only.
subjects shall be assessed and provide for
onicerr TO execute laws relating to the as
sc-sment. and collection Of taIes, any pro-
Of this constitution Ito the contrary not
w~ithstandinE. The legislature shall pro-
vide for the supervision, review and equali-
section 3. For the as.essment Of real
properiy. heretofore locally assessed. the
none Of which, unles. Il be a city. shall
embrace more than one county. The AS
SCISSORS therein shall he elected by the
electors Of such districts or appointed by
such authorities thereof as shall he desiG-
mated by law. The legislature may pro-
vide that the assessment roll Of each
tax districts within Its boundaries. No
such tax district larger than a town. e,-
law providing therefor shall have been
electors voting thereon I'm such proposed
shall he made by law. Tho legislature
may. however. provide for the assessment
BY state autsorities q all the property Of
porntions.
Administration two and three re-.
qnire TO be. read In conjunction. Their
to be imposed by general laws and for pub.
lie purposes only. The legislature IL required
to classify the subjects OF taxation and TO
lect taxes except that In the assessment OF
ordinary real property the assessing
legislature is to establish. outside OF the
city Of New York. tax district units not
larger than a county. but no tax district
larger than a town can be established
without n local referendum. One system
OF assessment and collection may be estab-
lished for all the tax districts within the
laFgaF faN HiSfriRt nnts Thta urtff aR.aN
the present extensive duplication Of work,
resulting In a large saving OF expense.
supervision. review and equalization OF as
scssments. which Will make for greater
uniformity and less inequality In taxation,
for the assessment OF all the property OF
public service corporations by state
authorities. The mature and extent of
steam and street railroad. telephone and
telegraph, electric, gas and water proper
ties has been found TO preclude their
sections vcst complete and u~nhampered
power In the legislature 20 deal effectively
with the subject OF taxation TO the end
that property now VIGOROUSLY escaping
taxation may be made to bear a fair and
Just share OF the burdens OF government.
ARTICLE WILL III.
Section /. Corporations may be formed
under general laws; but shall not be
ipaI purposes, and in cases where, in the
judg ment of the legislature. the objects
OF the corporation cannot be attained
special acts passed pursuant 10 this sec
,ion may be altered from time TO time or
repealed.
be secured by such Individual liability OF
the corporators and other means as may
be prescribed by law.
section 3. The term corporations as used
in this article shall be construed 10 In
clude all associations and Joint stock com
panies having any OF the powers or privi-
ieges OF corporations not possessed by In
diyiduals or partnerships And all cor
porations shall have the right to sue and
shall be subject to be sued In all courts In
like Gases as natural persons.
Section 4. The legislature shall. by
general law, conform all charters Of saw
ings banks. or institutions for savings. 10
a uniformity OF powers. rights and l!abili-
such corporations shall be made to con-
form to such general law, and to ssch
amendments as may be made thereto. And
no such corporation shall have any capital
stock, nor shall the trustees thereof, or
any OF them. have any interest whatever.
direct or Indirect. in the profits OF such
corporation: and no director or trustee of
any such bank or institution shall be In
terested In any loan or use of any money
or property of such bank or %instltu-
tion for savings, The legislature shall
sTantlng any special charter for banking
but corporations or associations |
may be formed for such purposes under
general laws,
section 8. The Legislature shall have no
power to pass any law sunctioning in amy
directly or indirectly. the susp-n-
ISOLATION or corporation, issuing bank notes
OF any description.
Section D.. The legislature shal provide
by law for the registry Of all bills or notes.
issued or put In circulation ss money, and
shall require ample security for the re-
demption OF the same In specie.