The stockholders in every bank or banking company shall be individually responsible, to an amount over and above their stock equal to their respective shares of stock, for all debts or liabili ties of said bank or banking company. Sec. 6. All bills or notes issued as money shall be, at all times, redeemable in gold or s lver; and no law shall be passed sanctioning, directly or indirectly, the suspension, by any bank or banking company, of specie payments. Sec. 7.
Holders of bank-notes shall be entitled, in case of insolvency, to preference of payment over all other creditors. Sec. 8.
No bank shall receive, directly or indirectly, a greater rate of interest than shall be allowed by law to individuals loaning money. Sec. 9.
Every bank or banking company shall be re quired to cease all banking operations within twenty years from the time of its organization, and promptly thereafter to close its business. Sec. 10.
The general assembly is not prohibited from in vesting the trust funds in a bank with branches ; bnt in case of such investment the safety of the same shall be gnaranteed by unquestionable se curity. Sec. 11.
The state shall not be a stockholder in any bank after the expiration of the present bank charter; nor shall the credit of the state ever be given, or loaned, in aid of any person, association, or cor poration ; nor shall the state hereafter become a stockholder in any corporation or association.
Sec. 12.
Corporations other than banking shall not be created by special act, but may be formed under general laws. Sec. 13.
Dues from corporations other than banking shall be secured by such individual liability of the corporators, or other means, as may be prescribed by law. Sec. 14.
Negroes and mulattoes are prohibited ingress; contracts with them are declared void, and it is made a criminal offence to employ them or to en courage them to remain in the state. Fines col lected for these offences are appropriated to the colonization of negroes and mulattoes. See the cases referring to this subject collected in the Ind. Dig. 273, 592.
In Indiana, dower and cnrtesy estates are abo lished, with some qualifications in cases of second marriages, and one-third of the estate is held in fee-simple instead. 11 Ind. 380; 12 id. 37.
Property cannot be sold on execution at less than two-thirds of its appraised value, except in cases of breach of trust and where the law is waived by agreement. Ind. Pract. 381.
All crimes are defined by statute. Ind. Pract. 20 et seq.