Provisions
VIII.5 proposed for 1870 • Enforcement of state claims against corporations.
REJECTED
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 enforced, and not released or compromised; and the moneys arising from such claims shall be applied to the payment of said stock, or to repay the money which may be advanced to pay the same.
A Few Facts
• Has 66 words
• Was proposed by the Constitutional Convention
• Went to NYS voters as proposed amendment 1 of 1869
If New Yorkers voted to approve this provision, it would have:
• Joined the Constitution in 1870
• Been in Article VIII:
• Changed the text of a previously existing provision
• Amended or built on:
◦ 1847-VII.4
Credits
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