Show constitutional amendment of stockholders of bank Ci A ability a A RF resolution SOLUTION TO AMEND SECTION IS II ARTICLE XII OF THE constitution OF THE STATE OP of UTAH RELATING TO LIABILITY OF stockholders OK OE BANKS 1 be it enacted ly bg the leg legislature haiir of the aa state slate of utah ulah two ivo thirds of all the A members mem bers elected to each cacti house son cn corring llie sherein reins SECTION 1 that it to IB proposed to amend section 18 article XII of 0 the constitution ol of the state stata of t utah to read sec 18 the legislature may provide by law that the stock holders in every corporation and joint stock association organized tor banking purposes or the holders of 0 any one or more of 0 the classes ot of stock issued by any such corporation in addition to the th amount ot of capital stock subscribed and fully paid by them shall b be individually responsible tor for an additional amount equal to not exceeding the amount 0 of their tock stock la in such corporation or the amount ot of their stock of any particular class in such corporation for all its debts debt and liabilities of every kind section 2 the tha secretary at t state is directed to submit this proposed amendment to the tha electors of 0 the state at the next general election in the manner provided by law section S if adopted by the electors ot of the state this amendment shall take effect the first day of january 1941 1 I E E monson secretary of t state of 0 the state of 0 utah to 0 o hereby certify that the foregoing is a full true and correct copy ot of the constitutional amendment proposed by the regular session of the legislature of 1939 as the same appears ol of record in my office in witness whereof I 1 have hereunto set my hand and affixed the tha great seal of the state of utah this day of august 1910 sy secretary of stat to |