Sec. 154. As to chartering of corporations and legislation relating thereto by General Assembly; surrender of charters; special acts regulating corporations prohibited. vacancies filled; who ineligible; qualifications of at least one mem- members after January 1, 1908; how vacancies then filled. county, district, or municipal officers, except members and officers and fireman excepted. 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 . 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. Reassessments of real estate. assess not to defeat subsequent assessment and collection of taxes; exception as to bona fide purchaser for value. Sec. 175. Natural oyster beds. SEC. 176. Assessment and taxation of railroad and canal companies. Sec. 177. Franchise tax of railroad and canal companies. proceedings thereunder. remain fixed from January 1, 1903, to January 1, 1913, and there- after until modified by General Assembly. porated banks. prohibited with certain exceptions. sons by state, county, city or town prohibited; State shall become Exception as to counties, cities and towns. state treasury; what appropriations shall not be made. for a sinking fund for its payment. 1 ARTICLE XIV. MISCELLANEOUS PROVISIONS. SEC. 190. Homestead exemptions; when not to apply. prescribed by General Assembly. ARTICLE XV. FUTURE CHANGES IN THE CONSTITUTION. Sec. 196. Amendments. SCHEDULE. SEC. 1. Common and statute laws; how long in force. 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; |