Newark post. (Newark, Del.) 1910-1969, 1916-09-20
Constitutional Amendment

an act Proposing an amendment to
Section l of article 9, of the ConSti-
tuition of the State of Delaware, IN
Relation to Corporations.
BE 1T ENACTED by the Senate and
House of Representatives of the State
of Delaware in General Assembly met
(two-thirds of all the members elected
to each House concurring therein):
SECTION l. That Section I of Ar
ticle 9 of the Constitution of the State
of Delaware be amended by striking out
all of Section l of said Article 8, and
in erting in lieu thereof the following:
'SECTION l. No corporation shall
hereafter be created, amended, renewed
or revived by special act, but only by or
under general law, nor shall any exist
ing corporate charter be amended, re-
newed, or revived by special act but
only by or under general law; but the
foregoing provisions shall not apply to
municipal corporations, banks, trust
companies possessing banking power, or
corporations for charitable, penal, re-
formatory, or educational purposes, sus-
tanned in whole or in part by the State,
all of which said last mentioned corpor-
alton shall be created, amended, renewed
or revived only by special act, and shall
| H'SSSDS ohAJ IhoSC Iphtl5, IlSubSy priv
ileges and franchises conferred by the
specia- act creating, amending, renewing
or reviving them, and shall not merge or
consolidate with any other corporation
except upon the consent and approval of
the General Assembly, two thirds Of all
tho members elected to each House there
of concurring therein. The General As.
sembly shall, by general law, provide
for the revocation or forfeiture of the
charters of all corporations for the
abuse, misuse or non-use of their cor
| porate powers, privileges or franchises.
Any proceedings for such revocation or
forfeiture shall be taken by the Attor-
ney-General, as may be provided by law.
NO general incorporation law, nor any
special act of incorporation, shall be en-
acted without the concurrence of two
thirds of all the members elected to each
House of the General Assembly, and
with reserved power of amendment, re-
vocation or repeal by the General As
sembly with the concurrence of two
thirds of all the members elected to each
House thereof
COLEN FERGUSON.
President Of the Senate
CHARLES H. GRANTLAND,
Speaker Of the House
Approved March 10th, 1915.
/ CHAS. r. MILLER, Governor
|, GEO. II. HALL, Secretary of
State, OF the State of Delaware, do here
by certify that the above and foregoing
is true and correct copy of Senate Bill
No. 80, entitled San Act Proposing an
Amendment to Section l of Article 9.
OF the Constitution of the State of Del,
aware, in Relation to Corporations, as
the same appears on the enrolled Bill
hied in the office of the Secretary of
State and approved by the Governor
March sixteenth, A. d. 1915, which said
Bill proposing such Amendment to the
constitution of this State is published
IN accordance with the requirements of
the Constitution of the State.
In TESTIMONY WHEREOF. have
hereunto set my hand and of
re- 1ieial seal at Dover, this
(Seal) ttwenty-seventh day of July.
in the year of our Lord, One
Thousand Nine Hundred ana
Sixteen.
GEO. IT. HALL.
Secretary of State