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Minnesota Amendment 4, Establishing Single Liability for Corporations Measure (1875)

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Minnesota Amendment 4

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Election date

November 2, 1875

Topic
Business regulations
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



Minnesota Amendment 4 was on the ballot as a legislatively referred constitutional amendment in Minnesota on November 2, 1875. It was defeated.

A "yes" vote supported establishing single liability for stockholders of ordinary business corporations.

A "no" vote opposed establishing single liability for stockholders of ordinary business corporations.


Election results

Minnesota Amendment 4

Result Votes Percentage
Yes 16,349 38.74%

Defeated No

25,858 61.26%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment 4 was as follows:

Amendment to section three, article ten, of the constitution, yes.

Amendment to section three, article ten, of the constitution, no.

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Minnesota Constitution

A simple majority vote is required during one legislative session for the Minnesota State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 68 votes in the Minnesota House of Representatives and 34 votes in the Minnesota State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

Ratifying an amendment requires a 'Yes' vote from a simple majority of all voters casting a ballot in the election, rather than a simple majority of those voting on the question.

See also


External links

Footnotes