Provisions
VIII.5 of 1895 • Specie payments.
APPROVED
The Text
The Legislature shall have no power to pass any law sanctioning in any manner, directly or indirectly, the suspension of specie payments by any person, association, or corporation, issuing bank notes of any description.
A Few Facts
• Joined the Constitution in 1895
• In Article VIII: Corporations and Charities
• Has 34 words
• Was proposed by the Constitutional Convention
• Went to NYS voters as proposed amendment 1 of 1894
• Re-upped the text of a previously existing provision
• Amends or builds on:
◦ 1847-VIII.5
Credits
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