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Proceedings and Debates of the 1850 Constitutional Convention
Volume 101, Page 338   View pdf image
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338

Mr. Constable, moved to strike out the 21st section and substi
tute in lieu of it, the following:

1. The Legislature shall have no power to contract debts or
borrow money except to repel invasion or suppress insurrection.

2. They shall have no power to authorise any subscription on
the port of the State to the capital stock or shares of any canal, rail
road, plank road, turnpike, ban king, exchange, insurance, manu
facturting or mining corpora tion, or of any other corporation or
association whatsoever; nor shall they invest or embark any of the
funds of the State, either directly or indirectly, in any trade, busi
ness or ad ventu re of mi ning man u fact uring, commercial and ma
rine, or of any other description whatsoever.
3. shall not be authorised to loan the credit of the State,
in any form or for any purpose whatsoever.
4. They shall have no power to appropriate money for any
purpose, or to any object for which they are not authorised to raise
the sum so appropriated by a general State tax.
5. They shall be authorised to impose State taxes for the fol
lowing purposes, and none other whatsoever: For the defence
of the State, payment of the principal and interest of the
public debt, to defray the necessary expenses of the govern
ment, for the improvement and preservation of the public proper
ty, and for the establishment of a uniform systern of Public
Schools throughout the State, adequately endowed to educate
every white child within its limits.

6. They shall have no power to except from the operation of any
law, imposing a general State tax, arty other property than that
owned by the State, or by a county, city, or other municipal cor
poration and burial grounds; nor shall they by law or otherwise
enter inter into any contract or other expedient or devise to ex
empt, or which shall operate as an exemption or suspension,
wholly or partially of any other property, or body corporate, or
of any person worth over two hundred dollars, from contribution,
rateably and equally to such general tax, according to his or its
actual worth in real or personal property.

Which was read.

Mr. McHenry, moved to postpone the consideration of the 21st
section and the amendments until Tuesday next, the 4th of March.

Determined in the affirmative.
The 34th section was then read;
Mr. Phelps, moved to amend said section by filling the blank in
said section with these words "the Levy court or commissioners
of the tax as the case may be;"
Mr. Presstman, moved to stike out the 34th section.
Mr. Phelps, withdrew the amendment offered by him.
The question then recurred upon the motion of Mr. Presstman,
to strike out the 34th section;


 

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Proceedings and Debates of the 1850 Constitutional Convention
Volume 101, Page 338   View pdf image
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