incorporated since the adoption of
the constitution of lsh'S whose char
ier, (which is its very life and legal
light to live at all) is absolutely ai
the mercy of the bt ite legislature.
The very letter and spirit of thecon
s itutional provision tirst above cited
was and is for the manifest purpose
of avoiding all iues'ioii.- about vest
ed corporate rights as against th.
State and to reserve expressly iu the
State the power to repeal all charters
of corporations at will, and for cause
o.- without cause. Tnere is not a
single private corporation in this
State, chartered since 186S, whether
by general laws or special act, w hose
charter could not be rejealed by the
next General Assembly as easily and
wi h the same formalities as any
other law on the statue book, and I
doubt if any lawyer in the State
would ccn rovtrt this assertion.
Every clur. ter granted by the State
since 16U8 has been with express no
tice in the fundamental law of this
provision. It is a common kuow i-
euge that nearly all, (if not -tit i rely
ail) the private business corporations
j of a .piasi publ o nature which surviv-
i ed the wrtck oi war.
But outs is not the only State
Continued on second page.
A GLORIOUS
MEETING.
iiik i.at ijmrti.!'I.v
lION OK
IIIK U .n'.KllilMl Al LIAMI-
Mro. I'arki-r tt-ll, lum it I m fr--.-d lliiu
1 lif trii- Allium" )irH I'm ailnl--.iim
iii.tfilv fi-ib l.-ry mau wu-frii-iMlIy
t lit- Alliance s!iuli hmr
15. -n t hTe.
