of this common enemy
of mankind."
Ex-Governor Lucas, who represented the conservative Democrats, said
that this was not a party issue but rather a question of expediency.
He was in favor of leaving it to the Legislature and the people.
Mr. Lowe said that "the truth was, this matter, like all other
questions of internal policy, should be left where all the other
States of the Union have left it, to the sovereign will of a free and
independent people."
Mr. Hawkins said that "the Whigs were in favor of leaving this matter
to the action of future Legislatures and to the people. When a
proposition was made for a charter, let the details be decided by them
with all the lights before them at that time."
As finally agreed to in the Convention, article nine of the
Constitution, which dealt with corporations, contained the following
provisions. First, no act of incorporation shall continue in force for
more than twenty years without being re-enacted by the General
Assembly. Secondly, the personal and real property of the members of a
corporation shall at all times be liable for the debts of such
corporation. Thirdly, the General Assembly "shall create no bank or
banking institution, or corporation with banking privileges" without
submitting the charter to a vote of the people. Fourthly, the General
Assembly shall have power to repeal all acts of incorporation by them
granted. Fifthly, the property of the inhabitants of the State shall
never be used by any incorporated company without the consent of
the owner. Sixthly, the State shall not become a stockholder in any
bank or other corporation. In this form the question of banks and
corporations was submitted to the people.
On Friday morning, November the first, the Constitutional Convention
of 1844 adjourned _sine die_ after a session of just twenty-six days.
XI
THE CONSTITUTION OF 1844
The Constitution of 1844 as submitted by the Convention to Congress
and to the people of the Territory of Iowa contained thirteen
articles, one hundred and eight sections, and over six thousand words.
Article I. on "Preamble and Boundaries" acknowledges dependence upon
"the Supreme Ruler of the Universe" and purports to "establish a free
and independent government" in order "to establish justice, ensure
tranquility, provide for the common defense, promote the general
welfare, secure to ourselves and our posterity, the rights of life,
liberty, and the pursuit of hap
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