ny constitution fresh squeezed 96
Provisions

VII.4 of 1847 • Enforcement of state claims against corporations.

APPROVED

The Text

The claims of the state against any incorporated company to pay the interest and redeem the principal of the stock of the state, loaned or advanced to such company, shall be fairly enforced, and not released or compromised; and the moneys arising from such claims shall be set apart and applied as part of the sinking fund provided in the second section of this article. But the time limited for the fulfillment of any condition of any release or compromise heretofore made or provided for may be extended by law.


A Few Facts

• Joined the Constitution in 1847

• In Article VII:

• Has 90 words

• Was proposed by the Constitutional Convention

• Went to NYS voters as proposed amendment 1 of 1846

• Is a new addition

• Amends or builds on:
1835-VII.10

Credits

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