Newark post. (Newark, Del.) 1910-1969, 1916-11-08
Constitutional Amenduant

An act Proposing an AmSadms~s "a
Section l Of lvttols 8, Of ~ Corsts.
tvsto. Of tie State Of Delaware. n
Relation to Corporations,
BE 1T ENACTED By The Senate and
House Of Representatives Of tie Stat
Of Delaware in General Assembly mss
(two.thirds Of al the members elects
to each House concurrinR thsrein);
SECTION l. That Section 1 Of A..
ticle Of the Constitution of the Stat.
OF Delaware be amended By striking orr
all Of Section ! Of said Article 9. ana
in erting in lieu thereof the followino.
SECTION l. No corporation shs,l
hereafter be created, amended. repewa5
or revived by special act, but ONLY bv Az
under general law, nor shall any ex;st.
ing corporate charter be ameni.d -.
newed, or revived by special act. bnt
only by or under general law: but IN.
foregoing provisions shall not .Dpiv "a
municipal corporations, banks, trust
companies possessing banking power, Or
corpoi atoms for charitable, penal, re.
Iormatory, or educational purposes, sus.
famed IN whole or in part by the State.
an OF which said last mentioned corpor
atlon snail be created, amended, renewed
or revived only by special act, and shall
possess only those powers, rights, priv.
negee and fra.-chises conferred BY the
specla 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-thiris o. IN
tn members elected to each House there.
OF concurring therein. The General A.
sembiy shall, by general law, provids
Tor the revocation or forfeiture of th.
charters OF all corporations for tbs
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-"eneral, as may be provided by law.
mo general incorporation law, nor apv
special act of Incorporation, shall bs en-.
acted without the concurrence Of two
thlrds OF all the members elected To each
house OF the General Assembly, AND
with a reserved power of amendment, re-
vocation or repeal by the General Az.
8 mbly with the concurrence of two.
thirds OF all the members elected to eseh
House thereof 'N>''
COLEN FERGUSON,
President Of the Senats
CHARLES H. GRANTLAND.
. Speaker of the Houss
approved March 10th, 1918.
CHAS. R. MILLER, Governor
l, GEO. H. HALL, Secretary ~
state. OF the State Of Delaware. do her.
by certify that the above and foreuo;nr
\, u, true and correct copy Of sen.te R;it
NO. 80, entitled IAN Act Propos;np An
|. to Section i Of Article D
the Constitution Of the STATE Of Del,
aware, in Relation to Corporations. - :.
sne same appears on the enrolled Bin
1ied In the Office Of the seeretarv Of
state and approved BY the Goveruor
March Marc sixteenth, A. d. 1918. which said
6iu proposing such Amendment 70 ths
constitution Of this State 10 pubIi.heS
n n accordance with tho reouirements Of
Inc Constitntion Of the State.
l." TESTIMONY WHEREOF, 1 ha-.
ne!eunto set my hasd and Of.
,s..,, hcial seal at Dover, this
\oeaA) twenty.ssventh day Of July.
IN the year Of our Lord. One
thousand Nine Hundred ana
Sixteen,
GEO. II. HALL,
secretary of State