Michigan Stockholder Liability for Corporations Amendment (April 1878)

Michigan Stockholder Liability for Corporations Amendment
Election date April 1, 1878
Topic Business regulations
Status Defeated
Type Legislatively referred constitutional amendment	Origin State legislature

Michigan Stockholder Liability for Corporations Amendment was on the ballot as a legislatively referred constitutional amendment in Michigan on April 1, 1878. It was defeated.

A “yes” vote supported amending the liability amount for stockholders of corporations.

A “no” vote opposed amending the liability amount for stockholders of corporations.

Election results

Michigan Stockholder Liability for Corporations Amendment
Result		Votes	Percentage
Yes		24,770	37.06%
No		42,064	62.94%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for Stockholder Liability for Corporations Amendment was as follows:

“

Amendment relative to corporations—Yes Amendment relative to corporations—No

”

Full Text

The full text of this measure is available here.

Path to the ballot

See also: Amending the Michigan Constitution

A two-thirds vote is required during one legislative session for the Michigan State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 74 votes in the Michigan House of Representatives and 26 votes in the Michigan State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also

1878 Measures

• 1878 Measures
• Business regulations on the ballot
• 1878 legislative sessions

Michigan

• Michigan ballot measures
• Michigan ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls

External links

• American Academy of Political and Social Science, "The Initiative, Referendum and Recall," 1912