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West Virginia Constitution, Article XI

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West Virginia/Constitution

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Article XI, Article XI

12 sections · 0 paragraphs in this article.

All articles199 Art. I4 Art. II8 Art. III24 Art. IV12 Art. V1 Art. VI58 Art. VII19 Art. VIII16 Art. IX13 Art. X16 Art. XI12 Art. XII12 Art. XIII2 Art. XIV2

12 provisions·Filtered byArt. XI✕

W. Va. Const. art. XI, § 1 Corporations
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The Legislature shall provide for the organization of all corporations hereafter to be created, by general laws, uniform as to the class to which they relate; but no corporation shall be created by special law: Provided, That nothing in this section contained, shall prevent the L…
W. Va. Const. art. XI, § 2 Corporate Liability for Indebtedness
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The stockholders of all corporations and joint-stock companies, except banks and banking institutions, created by laws of this state, shall be liable for the indebtedness of such corporations to the amount of their stock subscribed and unpaid, and no more.
W. Va. Const. art. XI, § 3 Exclusive Privileges Prohibited
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All existing charters or grants of special or exclusive privileges under which organization shall not have taken place, or which shall not have been in operation within two years from the time this constitution takes effect, shall thereafter have no validity or effect whatever: P…
W. Va. Const. art. XI, § 4 Rights of Stockholders
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The Legislature shall provide by law that every corporation, other than a banking institution, shall have power to issue one or more classes and series within classes of stock, with or without par value, with full, limited or no voting powers, and with preferences and special rig…

art-I

W. Va. Const. art. XI, § 5 Street Railroads

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No law shall be passed by the Legislature, granting the right to construct and operate a street railroad within any city, town or incorporated village, without requiring the consent of the local authorities having the control of the street or highway proposed to be occupied by su…

W. Va. Const. art. XI, § 6 Banks

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The Legislature may provide by general law for the creation, organization, and regulation of banking institutions.

W. Va. Const. art. XI, § 7 Railroads

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Every railroad corporation organized or doing business in this state shall annually, by their proper officers, make a report under oath, to the auditor of public accounts of this state, or some officer to be designated by law, setting forth the condition of their affairs, the ope…

W. Va. Const. art. XI, § 8 Rolling Stock Considered Personal Property

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The rolling stock and all other movable property belonging to any railroad company or corporation in this state, shall be considered personal property and shall be liable to execution and sale in the same manner as the personal property of individuals; and the Legislature shall p…

W. Va. Const. art. XI, § 9 Railroads Public Highways

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Railroads heretofore constructed, or that may hereafter be constructed in this state, are hereby declared public highways and shall be free to all persons for the transportation of their persons and property thereon, under such regulations as shall be prescribed by law; and the L…

W. Va. Const. art. XI, § 10 Stations to Be Established

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The Legislature shall, in the law regulating railway companies, require railroads running through, or within a half mile of a town or village, containing three hundred or more inhabitants, to establish stations for the accommodation of trade and travel of said town or village.

W. Va. Const. art. XI, § 11 Competing Lines -- Legislative Permission

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No railroad corporation shall consolidate its stock, property or franchise with any other railroad owning a parallel or competing line, or obtain the possession or control of such parallel or competing line, by lease or other contract, without the permission of the Legislature.

W. Va. Const. art. XI, § 12 Right of Eminent Domain

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The exercise of the power and the right of eminent domain shall never be so construed or abridged as to prevent the taking, by the Legislature, of the property and franchises of incorporated companies already organized, and subjecting them to the public use, the same as of indivi…