Show I I t Constitutional o Amendment t Liability cf et Stockholders of flanks Banks A JOINT RESOLUTION 0 PROPOSING PROPOS PROPOS- ING TO AMEND SECTION f ARTICLE XII OF THE CONS CONSTITUTION TI Of THE STATE OF UTAH UTAH- IW RELATING TO LIAR L 1 I irr OF STOCKHOLDERS s OF BANKS B. B B it Il metal 1 I lj t fa tf f At lAe III Sill Slut 41 f U. U U rJ a aill U ill a shad f 1 I n u s. M cia A a JUM 1 CM eM tsar cnn u SECTION 1 That It U Is II to amend section 41 II 11 article XII XI of ot the tas th commotion of the state of Utah to read Sec 18 II Th The legislature ilia may Provide provide b by law that the stock toek I holders In every corporation and Joint stock association organized organised for banking purposes 0 or the Ike told hold ere era of any one or more aDore of I the thes I b classes of ot stock clock Issued by any such each corporation la In addition to the amount of capital tock stock subscribed j i and fully Uy P paid M by them shall Iball be be Individually responsible for an aD addi amount equal to not Dot exceed lug ing the amount of their tock stock in III such each corporation or the amount of or their their- any particular visas dau In ID such Illch tot for alt Ui Its debts debt and liabilities ot every kind Section L J The ne bf i state la is directed to submit Ibis proposed amendment eDt to to the elec tara lore of the state at the nest neit general election In is the manner manner- provided prodded by bl let lawSe law W Se Section 3 If It adopted by bl tb the electors elector of ot the state this ibis amendment amendment amend amend- ment shall take eff effect erlet ot the Bret day day of ot I I. I E. E E. E aila aMo Ronson Secretor State Stale ot or of the State Stats ot of Otah do hereby certify chat the foregoing is II a full full true and Dd correct copy cOPf of or the be pr proP pro posed pOled II by the regular session ot of Ib the of W 1939 a as appear ot or record In my office omel In ID wit Ve whereof h o I ns hare bl e hereunto here here- u unto UDO to let m hand I and aDd amud the Great Seal 1 of of the Ih State 9 or of Utah this day of August t 1910 UfO o to e rl f rj i t |