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Session 15873: 1910-10-25 14:00:00

The Convention considers Propositions Number 98 to 103, which are read the first time and referred to the Committee on Printing. Propositions Number 1 and 5 are referred to the Committee of the Whole and then returned from that Committee. The Convention adopts Proposition Number 1 as amended and refers it to the Committee on Style. Propositions Number 40, 41, 43, 47, 48, 50, 51, 52, 57 to 61, 63 to 68, and 77 are read a second time.

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Proposition Number 101 - Banks and Corporations

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A PROPOSITION.

No. 101.

Introduced by Mr. C. M. Roberts, of Cochise County.

A Proposition Relative to Private Banks and Corporations.

IT IS HEREBY PROPOSED:

Officers and stockholders of every bank corporation or association shall be individually liable for all debts contracted during the term of their being officers and stockholders of such bank corporation or association, equally and ratably to the extent of their respective shares of stock in any such bank corporation or association.

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