the return of that which she gave to hold only at her pleasure, and there is no appeal from her decree. We therefore lay a wreath upon the coffin and mingle our tears with the dust and say farewell. Farewell, dear friend. We shall miss you from our councils. We shall miss you when come times of storms and stress and men of courage are needed to speak the truth and do the right. We shall miss you from our hearts and lives forever. But we mourn not without comfort, for you have set a noble example of high thinking and upright living, which remains to us a heritage forever. Farewell, then, and may the kindly light lead your spirit from darkening gloom to fields of light." [The following compilation of the constitutional provisions bearing upon the question of dues from private corporations was made by Mr. Smith W. Bennett and inserted in this report by order of the Association.] The proposed amendment to the Constitution of Ohio relating to Dues from Corporations, is as follows: ARTICLE XIII. SECTION 3. Dues from private corporations shall be secured by such means as may be prescribed by law, but in no case shall any stockholder be individually liable otherwise than for the unpaid stock owned by him or her. The following States have the following constitutional provisions as to dues, viz.: 1. ALABAMA: "Dues from private corporations shall be secured by such means as may be prescribed by law, but in no case shall any stockholder be individually liable otherwise than for the unpaid stock owned by him or her." 2. CALIFORNIA: Sec. 8, Art. XIV. "Dues from corporations shall be secured by such individual liability of the corporators and other means as may be prescribed by law." Sec. 2, Art. XII. 3. IDAHO: "Dues from private corporations shall be secured by such means as may be prescribed by law, but in no case shall any stockholder be individually liable in any amount over or above the amount of stock owned by him.” Sec. 17, Art. XI. 4. ILLINOIS : "Every stockholder in a banking corporation or institution shall be individually responsible and liable to its creditors, over and above the amount of stock by him or her held, to an amount equal to his or her respective shares so held, for all its liabilities accruing while he or she remains such stockholder." Sec. 6, Art. XI. 5. INDIANA: "The stockholders in every bank, or banking company, "Dues from corporations, other than banking, shall be Sec. 14, Art. XI. 6. IOWA: "Every stockholder in a banking corporation or institution shall be individually responsible and liable to its creditors, over and above the amount of stock by him or her held, to an amount equal to his or her respective shares so held, for all of its liabilities, accruing while he or she remains such stockholder." Sec. 9, Art. VIII. 7. KANSAS: "Dues from corporations shall be secured by individual liability of the stockholders to an additional amount equal to the stock owned by each stockholder; and such other means as shall be provided by law; but such individual liabilities shall not apply to railroad corporations, nor corporations for religious or charitable purposes." Sec. 2, Art. XII. 8. LOUISIANA: "General laws shall be enacted providing for the creation of private corporations, and shall therein provide fully for the adequate protection of the public and of the individual stockholder.". Sec. 247. 9. MARYLAND: "The general assembly shall grant no charter for banking 10. MICHIGAN: "The officers and stockholders of every corporation or association for banking purposes, issuing bank notes or paper credits, to circulate as money, shall be individually liable for all debts contracted during the term of their being officers or stockholders of such corporation or association, equally and ratably to the extent of their respective shares of stock in any such corporation or association." Sec. 3, Art. XV. "The stockholders of all corporations and joint-stock associations shall be individually liable for all labor performed for such corporation or association." Sec. 7, Art. XV. 11. MINNESOTA: "Each stockholder in any corporation (excepting those organized for the purpose of carrying on any kind of manufacturing or mechanical business) shall be liable to the amount of stock held or owned by him." Sec. 3, Art. X. 12. MISSOURI: "Dues from private corporations shall be secured by such 13. MONTANA: "Dues from private corporations shall be secured by such means as may be prescribed by law." Sec. 19, Art. XV. 14. NEBRASKA: "Every stockholder in a banking corporation or institution shall be individually responsible and liable to its creditors, over and above the amount of stock by him held, to an amount equal to his respective stock or shares so held, for all its liabilities accruing while he remains such stockholder; and all banking corporations shall publish quarterly statements, under oath, of their assets and liabilities." Sec. 7, Art. XIII. 15. NEVADA: "Dues from corporations shall be secured by such means as may be prescribed by law: Provided, That corporators in corporations formed under the laws of this State shall not be individually liable for the debts or liabilities of such corporations." Sec. 3, Art. VIII. 16. NEW YORK: "Dues from corporations shall be secured by such individual liability of the corporators and other means as may be prescribed by law. Sec. 2, Art. VIII. |