Constitution of the State of Illinois: Adopted and Ratified in 1870; Ratified by the People July 2, 1870; In Force August 8, 1870, Amended in 1878, 1880, 1884, and 1886 (Classic Reprint)

Excerpt from Constitution of the State of Illinois: Adopted and Ratified in 1870; Ratified by the People July 2, 1870; In Force August 8, 1870, Amended in 1878, 1880, 1884, and 1886On the question of banking corporations, which was of great mo ment at that time in all the northern states, the constitution provided that no state bank should thereafter be created nor the State own or be liable for any stock in any corporation or joint stock association for banking purposes, to be thereafter created. N 0 act of the Gen eral Assembly authorizing a corporation with banking powers was to go into effect, unless approved by the people at the general election next succeeding the passage of the same.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.