N.M. Const. art. XI, § 14
The police power of this state is supreme over all corporations as well as individuals.
Comparable provisions. — Wyoming Const., art. X, § 2.
Police power prevails over property rights. — Fact that improvements were especially built for and adapted to business of importing and selling high-grade livestock and that plaintiffs would suffer financial loss if prevented from using them was not alone grounds for holding ordinance which prohibited keeping such livestock in designated part of city, void under federal or state constitution, as all property rights are held subject to fair exercise of police power, and reasonable regulation for benefit of public health, convenience, safety or general welfare is not an unconstitutional taking of property in violation of contract, due process or equal protection clauses of federal constitution. Mitchell v. City of Roswell, 1941-NMSC-007, 45 N.M. 92, 111 P.2d 41.
Law reviews. — For comment on State ex rel. State Corp. Comm'n v. Zinn, 72 N.M. 29, 380 P.2d 182 (1963), see 3 Nat. Resources J. 356 (1963).
Am. Jur. 2d, A.L.R. and C.J.S. references. — Fine or penalty, power to impose for benefit of private individual or corporation, 13 A.L.R. 828, 19 A.L.R. 205.
Constitutional provision fixing liability of stockholders as limitation on power of legislature in that regard, 63 A.L.R. 870.
Validity of municipal regulation of solicitation of magazine subscriptions, 9 A.L.R.2d 728.