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Mississippi Constitution, Article 7

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Article 7, CORPORATIONS

23 sections · 0 paragraphs in this article.

All articles302 Art. 12 Art. 22 Art. 328 Art. 482 Art. 528 Art. 634 Art. 723 Art. 812 Art. 99 Art. 104 Art. 1113 Art. 1214 Art. 133 Art. 1416 Art. 1532

23 provisions·Filtered byArt. 7✕

Miss. Const. art. 7, § 178 Corporations shall be formed under general laws only
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Corporations shall be formed under general laws only. The legislature shall have power to alter, amend or repeal any charter of incorporation now existing, and revocable, and any that may hereafter be created, whenever in its opinion it may be for the public interest to do so; p…
Miss. Const. art. 7, § 179 Section 179
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The legislature shall never remit the forfeiture of the franchise of any corporation now existing, nor alter nor amend the charter thereof, nor pass any general nor special law for the benefit of such corporation, except upon the condition that such corporation shall thereafter h…
Miss. Const. art. 7, § 180 Section 180
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All existing charters or grants of corporate franchise under which organizations have not in good faith taken place at the adoption of this constitution shall be subject to the provisions of this article; and all such charters under which organizations shall not take place in goo…
Miss. Const. art. 7, § 181 Section 181
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The property of all private corporations for pecuniary gain shall be taxed in the same way and to the same extent as the property of individuals, but the legislature may provide for the taxation of banks and banking capital, by taxing the shares according to the value thereof, (a…

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Miss. Const. art. 7, § 182 Section 182

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The power to tax corporations and their property shall never be surrendered or abridged by any contract or grant to which the State or any political subdivision thereof may be a party, except that the legislature may grant exemptions from taxation in the encouragement of manufact…

Miss. Const. art. 7, § 183 Section 183

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No county, city, town or other municipal corporation shall hereafter become a subscriber to the capital stock of any railroad or other corporation or association, or make appropriation, or loan its credit in aid of such corporation or association. All authority heretofore conferr…

Miss. Const. art. 7, § 184 Section 184

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All railroads which carry persons or property for hire, shall be public highways, and all railroad companies so engaged shall be common carriers. Any company organized for that purpose under the laws of the state, shall have the right to construct and operate a railroad between a…

Miss. Const. art. 7, § 185 Section 185

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The rolling stock, belonging to any railroad company or corporation in this State, shall be considered personal property and shall be liable to execution and sale as such.

Miss. Const. art. 7, § 186 Section 186

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The legislature shall pass laws to prevent abuses, unjust discrimination and extortion in all charges of express, telephone, sleeping car, telegraph and railroad companies, and shall enact laws for the supervision of railroads, express, telephone, telegraph, sleeping car companie…

Miss. Const. art. 7, § 187 Section 187

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No railroad hereafter constructed in this State, shall pass within three miles of any county seat without passing through the same, and establishing and maintaining a depot therein, unless prevented by natural obstacles; provided, such town or citizens shall grant the right-of-wa…

Miss. Const. art. 7, § 188 Section 188

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No railroad or other transportation company shall grant free passes or tickets, or passes or tickets at a discount, to members of the legislature, or any State, district, county or municipal officers, except railroad commissioners. The legislature shall enact suitable laws for th…

Miss. Const. art. 7, § 189 Section 189

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All charters granted to private corporations in this State shall be recorded in the chancery clerk's office of the county in which the principal office or place of business of such company shall be located.

Miss. Const. art. 7, § 190 Section 190

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The exercise of the right of eminent domain shall never be abridged, or so construed as to prevent the legislature from taking the property and franchises of incorporated companies, and subjecting them to public use; and the exercise of the police powers of the State shall never …

Miss. Const. art. 7, § 191 Section 191

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The legislature shall provide for the protection of the employees of all corporations doing business in this State from interference with their social, civil, or political rights by said corporations, their agents or employees.

Miss. Const. art. 7, § 192 Section 192

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Provision shall be made by general laws whereby cities and towns may be authorized to aid and encourage the establishment of manufactories, gas-works, water-works, and other enterprises of public utility other than railroads, within the limits of said cities or towns, by exemptin…

Miss. Const. art. 7, § 193 Section 193

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Every employee of any railroad corporation shall have the same right and remedies for any injury suffered by him from the act or omission of said corporation or its employees, as are allowed by law to other persons not employees, where the injury results from the negligence of a…

Miss. Const. art. 7, § 194 Section 194

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The legislature shall provide by law, that in all elections for directors or managers of incorporated companies, every stockholder shall have the right to vote in person or by proxy, for the number of shares of stock owned by him, for as many persons as there are directors or man…

Miss. Const. art. 7, § 195 Section 195

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Express, telegraph, telephone and sleeping car companies are declared common carriers in their respective lines of business and subject to liability as such.

Miss. Const. art. 7, § 196 Section 196

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No transportation corporation shall issue stocks or bonds except for money, labor done, or in good faith agreed to be done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be void.

Miss. Const. art. 7, § 197 The legislature shall not grant to any foreign corporation or association, a license to build, operate or lease railroad in this State

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The legislature shall not grant to any foreign corporation or association, a license to build, operate or lease railroad in this State; but in all cases where a railroad is to be built or operated, and the same shall be partly in this State and partly in another State, or in oth…

Miss. Const. art. 7, § 198 Section 198

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The legislature shall enact laws to prevent all trusts, combinations, contracts and agreements inimical to the public welfare.

Miss. Const. art. 7, § 199 Section 199

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The term corporation used in this article shall include all associations and all joint stock companies for pecuniary gain, having privileges not possessed by individuals or partnerships.

Miss. Const. art. 7, § 200 Section 200

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The legislature shall enforce the provisions of this article by appropriate legislation.