VIII. By striking out section one of article eight and substituting therefor the following:
Corporations not created by special act.
Exceptions.
General laws.
Alteration and repeal of general laws and special acts.
Repeal of charters.
"Section 1. No corporation shall be created nor shall its charter be extended, altered, or amended by special act, except corporations for charitable, educational, penal, or reformatory purposes that are to be and remain under the patronage and control of the State; but the General Assembly shall provide by general laws for the chartering and organization of all corporations, and for amending, extending, and forfeiture of all charters, except those above permitted by special act. All such general laws and special acts may be altered from time to time or repealed; and the General Assembly may at any time by special act repeal the charter of any corporation."
IX. By striking out section four of article eight, and substituting therefor the following:
General laws for organization of cities, towns, and incorporated villages.
"It shall be the duty of the Legislature to provide by general laws for the organization of cities, towns, and incorporated villages, and to restrict their power of taxation, assessment, borrowing money, contracting debts, and loaning their credit, so as to prevent abuses in assessment and in contracting debts by such municipal corporations."