Mr. Perry moved to amend the section by striking out the word "two," in line 7, and inserting the word "one" in lieu thereof;

Which motion did not prevail.

Pending the motion to strike out all after the word "twelve," in line 5.

On motion of Mr. Buel,

The committee rose and reported as follows:

REPORT OF COMMITTEE OF THE WHOLE.

The committee of the whole have had under consideration the following named portions of the proposed amended Constitution, viz.:

Sec. 3, Art. X.

Substitute reported by committee on State affairs for Art. IX. entire.

Amended Art. VI. entire, and

Sec. 7, Art. II.;

And have directed their chairman to report the following named amendments back to the House, asking concurrence thereit :

1. Amend Sec. 1, Art. IX., in second paragraph, by striking out the words "three thousand five hundred" as relates to salary of Supreme Judge and inserting in lieu thereof the words "four thousand;"

2. Amend substitute for Sec. 1 of Art. IX., by striking out of same all reference to Commissioner of Insurance;

3. Amend substitute for Sec. 1, Art. IX., by striking out of same all reference to Commissioner of Railroads;

4. Amend substitute for Art. IX. by striking out all therein relating to the making it obligatory on the part of certain State officers to reside at the seat of government;

5. Amend Sec. 5, Art. VI., by striking out the following words: "And said court shall also have power to establish a code or codes of civil procedure, pleading and practice, including the commencement of suits and proceedings for all other courts of record, and from time to time to alter and amend such codes."

6. Amend Sec. 6, Art. VI., by inserting in the first line, before the word "judicial," the word" fifteen;"

7. Amend Sec. 6, Art. VI., by inserting after the word "office," in 5th line, the following words: "provided the said Judge shall still reside in the district of which he is Judge;

8. Amend Sec. 6, Art. VI., by striking out, commencing in first line, the words "increase or diminish the number of the same, from time to time," and insert in lieu thereof the following: "re-arrange the circuits, and may increase the number at the expiration of periods of twelve years; it may at any time decrease the number of circuits;"

9. Amend Sec. 7, Art. VI.. by inserting after the word "other," in third line, the words or in case of vacancy;"

10. Amend Sec. 14, Art. VI., by striking out of the same the words, "any one or more;"

And have directed their chairman to report back to the House Sec. 3, Art. X., without amendment, and recommend that it be placed on the order of third reading;

And have directed their chairman to report back to the House Secs. 2 and 11, Art. VI., Sec. 7, Art. II., as not having been sufficiently considered, therefore ask leave to sit again for the further consideration of the same.

Report accepted and committee discharged.

On motion of Mr. Bronson,

The House concurred in the several amendments made by the committee, and the several sections were placed on the order of third reading. Sec. 3, Art. X., was placed on the order of third reading.

On motion of Mr. Buel,

Leave was granted the committee to sit again in the consideration of Secs. 2 and 11, Art. VI., and Sec. 7, Art. II.

The committee on railroads, by unanimous consent, reported as follows:

The committee on railroads, to whom was referred Article XI. of the Constitution as proposed to be amended by the Constitutional Commission, entitled Corporations other than Municipal, with instructions to draft and report a substitute therefor,

Respectfully report, that they have had the same under consideration, and have directed me to report to the House the following as a substitute for said Article XI., and recommend that it be adopted, and ask to be discharged from the further consideration of the subject:

ARTICLE XI.

CORPORATIONS OTHER THAN MUNCIPAL.

SECTION 1. Corporations (other than municipal, and those for charitable, educational, penal and reformatory purposes under the control of public authority) shall be hereafter created only by general laws. All general acts of incorporation, and general laws affecting corporations, may be altered, amended or repealed.

SEC. 2. No general banking law shall have effect until the same shall, after its passage, be submitted to a vote of the electors of the State, at a general election, and be approved by a majority of the votes cast thereon at such election.

SEC. 3. The 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 time of their being 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. 4. The legislature shall provide for the registry of all bills or notes issued or put in circulation as money by any bank organized under the laws of this State, and shall require security to the full amount of notes and bills so registered, in interest-bearing stocks of this State, or of the United States, which shall be deposited with the State Treasurer, for the redemption of such bills or notes in lawful money of the United States.

SEC. 5. In case of the insolvency of any bank or banking association, the billholders thereof shall be entitled to preference in payment over all other creditors of such bank or association.

SEC. 6. The legislature shall pass no law authorizing or sanctioning the suspension of payments by any person, association, or corporation..

SEC. 7. The stockholders in all corporations shall be individually liable for all labor done in behalf of such corporation.

SEC. 8. All fictitious issue or increase of the bonds or other evidence of indebtedness, or of the capital stock of any corporation, is prohibited.

SEC. 9. No corporation shall hold any real estate for a longer period than ten years from the time of acquiring the same, except such real estate as shall be actually occupied by it, or necessary in the exercise of its franchises.

SEC. 10. Foreign corporations may be permitted to do business in this State under such limitations and restrictions as may be prescribed by law, but shall be subject to the same restrictions and liabilities that are imposed, and shall have no greater rights than are conferred upon, domestic corporations of like character, and the stockholders of such foreign corporation shall be subject to like personal liabilities as stockholders in similar domestic corporations. No foreign corporation shall acquire or hold any more lands in this State than a domestic corporation of a like character is permitted to acquire or hold, and all lands hereafter acquired or held in violation of this provision shall escheat to the State. Provision shall be made for debarring all foreign corporations which shall violate any law of this State from thereafter being allowed to do business in the State.

SEC. 11. The legislature may, from time to time, pass laws establishing reasonable maximum rates of charges for the transportation of passengers and freight, and regulating the speed of trains, on different railroads in this State, and shall prohibit running contracts between such railroad companies whereby discrimination is made in favor of either of such companies as against other companies owning connecting or intersecting lines of railroads. The legislature may also pass laws establishing reasonable maximum rates of tolls or freights on ship or other canals in this State.

SEC. 12. No railroad corporation shall consolidate its stock, property or franchises with any other railroad corporation owning a parallel or competing line; and in no case shall any consolidation take place except upon public notice given of at least sixty days to all stockholders, in such manner as shall be provided by law, nor shall any such corporation hereafter lease any parallel or competing line of road, and no two or more parallel or competing lines of railroad shall be run or operated, directly or indirectly, wholly or in part, under the same management or supervision, or under or subject to any arrangement, agreement, or understanding, with reference to rates of fare or freight to be charged, or for the division of earnings.

SEC. 13. Every corporation organized in this State shall maintain an office therein, where a record of the transfers of its stock shall be made, and where books shall be kept for inspection by any stockholder or creditor of such corporation, in which shall be recorded the amount of capital stock subscribed, and amount paid in, and by whom, the names of the owners of its stock, and the amounts owned by them respectively, the transfers of said stock, and the names and places of residence of its officers.

Sec. 14. No president, director, officer, agent, or employe of any railroad or canal company shall be interested directly or indirectly in the furnishing of material or supplies to such company, nor in the business of transportation as a common carrier of freight or passengers over the works owned, leased, controlled, or operated by such company.

SEC. 15. No telegraph company shall consolidate with, nor hold a controlling interest in the stock or bonds of any other telegraph company owning a competing line, nor acquire by purchase or otherwise any competing line of telegraph.

SEC. 16. No corporation, except for municipal or mining purposes, for life insurance, or for the construction of railroads or canals, shall be created for a longer period than thirty years.

SEC. 17. The term corporation, as used in this article, shall be construed to

include all associations and joint stock companies having any of the powers or privileges of corporations not possessed by individuals or partnerships. E. C. WATKINS, Chairman.

Repor accepted and committee discharged.

The question being on the adoption of the substitute reported by the committee,

On motion of Mr. Fancher,

The House adjourned.

Lansing, Wednesday, March 11, 1874.

The House met pursuant to adjournment, and was called to order by the Speaker.

Prayer by Rev. Mr. Fairfield.

Roll called: quorum present.

Absent without leave: Messrs. Eggleston and Zimmerman.

Mr. Knapp asked and obtained leave of absence for Mr. Zimmerman.until

noon.

Mr. Perry asked and obtained leave of absence for Mr. Knapp for the first two days of the session.

Mr. Warren asked and obtained leave of absence for the first two days of the session.

The question pending being on the adoption of the substitute for Article XI. reported by the committee on railroads,

On motion of Mr. Brunson,

The same was concurred in.

The Article was then referred to the committee of the whole, and placed on the general order.

MESSAGES FROM THE SENATE.

The Speaker announced the following:

To the Speaker of the House of Representatives:

SENATE CHAMBER, Lansing, March 10, 1874.)

SIR, I am instructed by the Senate to transmit the following concurrent resolution:

Resolved (the House concurring), That a committee of two on the part of the Senate, and three on the part of the House, be appointed as a committee on arrangement and phraseology of the Constitution. It shall be the duty of such committee to recommend such changes in the arrangement and phraseology as they may think proper, either in the work of the Commission, or in the amendments made by the Legislature. Such committee are hereby authorized to employ a clerk or compiler,

Which has passed the Senate, and in which the concurrence of the House is respectfully asked. Very respectfully,

On motion of Mr. Brunson,

JAMES H. STONE,
Secretary of the Senate.

The House concurred in the adoption of the resolution.

The Speaker announced as the committee on the part of the House, under the resolution, Messrs. Blackman, Speed, and Rose. The Speaker also announced the following:

SENATE CHAMBER,
Lansing, March 10, 1874.

To the Speaker of the House of Representatives: SIR-I am instructed by the Senate to return to the House the following concurrent resolution :

Resolved (the Senate concurring), That a committee of three on the part of the House, to confer with a like committee on the part of the Senate, be appointed to report the amount of salaries to be paid the officers of this Legislature for their services during the present session;

In the passage of which the Senate has concurred, and to inform the House that Senators DeLand, Dewey, and Mellen have been appointed as such committee.

The Speaker announced as the committee on the part of the House, under the resolution, Messrs. Ferguson, Lewis, and Withington.

MOTIONS AND RESOLUTIONS.

Mr. Watkins offered the following:

Resolved, That 1,000 copies of the text of the report of the Commissioner of Railroads be furnished by the clerk for use of members of the House; Which was adopted.

Mr. Shaw offered the following:

Resolved. That so much of the amended Constitution as has been ordered to

a third reading in this House be recommitted to the committee of the whole; Which was adopted.

On motion of Mr. Perry,

The House resolved itself as into the committee of the whole on the

The Speaker in the chair.

SPECIAL ORder,

The subject under consideration being the supplemental Article relative to the Taxation and Restriction of the Liquor Traffic,

Mr. Hoyt moved that the same be stricken out.

Mr. Buell offered the following substitute for the Article:

"The Legislature may enact laws taxing a traffic in spirituous or malt liquors, and such laws, if enacted, shall impose an annual tax of not less than two hundred dollars upon every person or firm who shall engage in the business of selling or disposing of the same. Every law passed for such purpose, shall provide for the payment of such tax into the county treasury of the respective counties, to the credit of the poor fund; and if there be a surplus of a sum annually required for the support of the poor, such surplus shall be credited to any other fund designated by the board of supervisors. Druggists and chemists selling liquors for medicinal purposes, upon the prescriptions of practicing physicians, shall be exempted from the payment of such tax. The right of the people of every county, township, city, or village to wholly prohibit the traffic in spirituous or malt liquors, by a majority vote of the qualified