41 Mo. 453 | Mo. | 1867
delivered the opinion of the court.
The question presented by the record relates to the validity of the subscription of stock made by the County Court of Macon county for the construction of the Missouri and Mississippi railroad. The relator was duly incorporated by an act of the Legislature approved February 20,1865, and by the 13th section of its charter it is declared “It shall be lawful for the corporate authorities of any city or town, the County Court of any county, desiring so to do, to subscribe to the capital stock of said company and may issue bonds therefor, and levy a tax to pay the same not to exceed one twentieth of one per cent, upon the assessed value of taxable property for each year.” The 14th section expressly prohibits the Legislature from repealing or annulling the charter, but no direct provision is made against its being altered or amended. The County Court of Macon county, on the second day of April, 1867, by an order duly entered of record, took and subscribed one hundred and seventy-five thousand dollars in the stock of the said company without first having submitted the matter to vote of the people. The present Constitution of this State, which took effect and went into operation on the 4th day of July, 1865, provides in the third section of the eleventh article that “ all statute laws of this State now in force, not inconsistent with this Constitution, shall continue in force until they shall expire by their own limitation, or be amended or repealed by the General Assembly ;” and by the 14th section of the same article it is provided that “ The General Assembly shall not authorize any county, city
A case raising" a question very similar to the one now under consideration was presented to this court several years ago, and was thoroughly considered and examined—City & Co. of St. Louis v. Alexander, 23 Mo. 483. In that case an act of the General Assembly entitled “An act to reduce the law incorporating the City of St. Louis, and the several acts amendatory thereof, into one act and to amend the same,” approved February 8, 1843, contained the following provisions : “ The city shall not at any time become a subscriber for any stock in any corporation.” By a special act approved March 1,1851, enacted while the above general prohibition was in force, the city was authorized to subscribe to the stock of the Ohio and Mississippi Railroad Company any amount not exceeding the sum of $500,000. An amended city charter also, entitled “An act to reduce the law incorporating the City of St. Louis and the several acts amendatory thereof into one act and to amend the same,” approved March 3, 1851, contained the provisions above set forth, that “the city shall not at any time become a subscriber for any stock in any corporation”; and also the following: that “all acts and parts of acts contrary to and inconsistent with the provisions of this act, or within the purview thereof, Ac., are hereby re
A question somewhat analogous on the subject of repealing acts was raised in this court in the case of the State ex rel. Vastine v. The Judge of the Probate Court, 38 Mo. 529. There the relator claimed the office of public administrator of St. Louis county by virtue of an election by the people at
The next question to be considered is, does the clause im the Constitution referred to, apply to past as well as future-acts ? Was it intended to place an absolute inhibition on all subscriptions to stock in railroad companies, without regard to enabling acts passed before it went into effect-,, or does it merely prescribe a limitation on the future power of the Legislature ? It is strongly insisted by the- counsel, for
-Upon the whole case, our conclusion is that the 14th section of the 11th article of the Constitution is a limitation on the future power of the Legislature, and was not intended to