SEC. 154. As to chartering of corporations and legislation relating thereto by
General Assembly; surrender of charters; special acts regulating
corporations prohibited.

SEC. 155. State corporation commission; how appointed; term of office; how
vacancies filled; who ineligible; qualifications of at least one mem-

SEC. 156.

SEC. 157.

SEC. 158.

SEC. 159.

SEC. 160.
SEC. 161.

SEC. 162.

SEC. 163.

SEC. 164.

ber; how removed or impeached; officers, how elected; rules of
order and procedure; general provisions; salaries; election of
members after January 1, 1908; how vacancies then filled.
Powers, duties and method of procedure of commission.
Fees from corporations.

Effect of amendment of previously obtained charter of corporation.
Eminent domain and police power of State never abridged.
Concerning rates of transportation and transmission companies.
Free transportation of members of General Assembly and of state,
county, district, or municipal officers, except members and officers
of state corporation commission, prohibited; penalty; policeman
and fireman excepted.

Fellow-servant doctrine abolished to extent stated.

As to foreign corporations.

Right of regulation and control of common carriers and public service
corporations never surrendered or abridged.

SEC. 165. General Assembly shall enact laws preventing trusts, combinations

and monopolies inimical to the public welfare.

SEC. 166. Right to parallel railroads; as to building road parallel to Richmond,
Fredericksburg and Potomac Railroad Company; duties of con-
necting railroads.

SEC. 167. Concerning issuance of stocks and bonds by corporations; penalty for

violation.

ARTICLE XIII.

TAXATION AND FINANCE.

1

SEC. 168. Taxable property; taxes shall be uniform as to class of subjects and

levied and collected under general laws.

SEC. 169. How property assessed; General Assembly may grant cities and towns

right to reduce taxation for a period of years on land added to

corporate limits; right of General Assembly to segregate property

for purposes of taxation.

SEC. 170. Income, license and franchise taxes; paving and sewer taxes; abutting

land owners.

SEC. 171.

SEC. 172.

SEC. 173.
SEC. 174.

SEC. 175.

SEC. 176.

Reassessments of real estate.

Assessment of coal and mineral lands.

State, county, and municipal capitation taxes.

Statute of limitations shall not run against state taxes; failure to

assess not to defeat subsequent assessment and collection of taxes;
exception as to bona fide purchaser for value.

Natural oyster beds.

Assessment and taxation of railroad and canal companies.

SEC. 178.

SEC. 177. Franchise tax of railroad and canal companies.
Amount and ascertainment of such franchise tax.
Reports of corporations to Corporation Commission.

SEC. 179.

SEC. 180.

Application by corporation for relief from assessment for taxation;
proceedings thereunder.

SEC. 181. Taxation of corporations as stated in sections 176 to 180 inclusive to
remain fixed from January 1, 1903, to January 1, 1913, and there-
after until modified by General Assembly.

SEC. 182. Taxation of shares of stock of trust or security companies and incor-
porated banks.

SEC. 183.
SEC. 184.

Property exempt from taxation.

Contraction of debts and issue of evidences of indebtedness by State
prohibited with certain exceptions.

SEC. 185. Lending of credit to, or subscription to stock of, corporations or per-
sons by state, county, city or town prohibited; State shall become
interested in no work of internal improvement except public roads.
Exception as to counties, cities and towns.

SEC. 186. Collection and disposition of state revenue; payment of money from
state treasury; what appropriations shall not be made.

SEC. 187. Sinking fund for state debt; every law creating a debt to provide
for a sinking fund for its payment.

SEC. 190. Homestead exemptions; when not to apply.

SEC. 191. In what property homestead exemptions cannot be claimed.
SEC. 192. Manner and conditions on which homestead may be set apart, to be
prescribed by General Assembly.

Homestead previously claimed not invalidated.

SEC. 193.

SCHEDULE.

SEC. 1.
SEC. 2.

Common and statute laws; how long in force.

Effect of ordinances of Convention.

Actions, writs and causes of action to continue; jurisdiction of courts.
Escheats, fines and forfeitures, etc.

Recognizances, obligations, etc., remain binding and valid.

CONSTITUTION OF VIRGINIA.

Whereas, pursuant to an act of the General Assembly of Virginia, approved March the fifth, in the year of our Lord nineteen hundred, the question, "shall there be a convention to revise the Constitution and amend the same?" was submitted to the electors of the State of Virginia, qualified to vote for members of the General Assembly, at an election held throughout the State on the fourth Thursday in May, in the year nineteen hundred, at which election a majority of the electors so qualified voting at said election did decide in favor of a convention for such purpose; and,

Whereas, the General Assembly at its next session did provide by law for the election of delegates to such convention, in pursuance whereof the members of this Convention were elected by the good people of Virginia, to meet in convention for such purpose.

We, therefore, the people of Virginia, so assembled in Convention through our representatives, with gratitude to God for His past favors, and invoking His blessings upon the result of our deliberations, do ordain and establish the following revised and amended Constitution for the government of the Commonwealth:

ARTICLE I.

BILL OF RIGHTS.

A DECLARATION OF RIGHTS, made by the representatives of the good people of Virginia assembled in full and free Convention; which rights do pertain to them and their posterity, as the Basis and Foundation of Government.

Section 1. That all men are by nature equally free and independent, and have certain inherent rights, of which, when they enter into a state of society, they cannot, by any compact, deprive or divest their posterity;