H.J.R. No. 57
                                  A JOINT RESOLUTION
    1-1  proposing a constitutional amendment repealing the constitutional
    1-2  provision limiting the consideration for which stock and bonds of a
    1-3  corporation may be issued.
    1-4        BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Article XII, Section 6, of the Texas Constitution
    1-6  is repealed.
    1-7        SECTION 2.  This proposed constitutional amendment shall be
    1-8  submitted to the voters at an election to be held on November 2,
    1-9  1993.  The ballot shall be printed to provide for voting for or
   1-10  against the proposition:  "The constitutional amendment repealing
   1-11  certain restrictions on the ability of corporations to raise
   1-12  capital."