The Ohio Single Liability Amendment, also known as Issue 3, was on the November 3, 1903 ballot in Ohio as a legislatively-referred constitutional amendment, where it was approved. This amendment modifies the Ohio Constitution to provide that stockholders are not individual liable for money owed by a corporation.
| Ohio Amendment 3 (1903)|
| Yes|| 751,783|| 96.24%|
Note: A majority of the total 877,203 votes in the entire election (438,602 votes) were needed for the measure to be approved
Election results via: Ohio Secretary of State (1910) (p. 156 & 461)
Text of measure
The language that appeared on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|| Single Liability Amendment
Sec. 3. Dues from private corporations shall be secured by such means as may be prescribed by law, but in no case shall any stockholder be individually liable otherwise than for the unpaid stock owned by him or her;
Path to the ballot