delivered the opinion of the court.
The constitution of 1870, article 11, section 5, provides that no act of the General Assembly authorizing or creating corporations with banking powers shall go into effect unless the same shall be approved by a vote of the people of the state. The act of 1872 providing for the change of name and consolidation of corporations was not submitted to the people and was therefore, so far as it related to banking corporations, invalid. Sykes v. The People, 132 Ill. 32. The first act of the General Assembly relating to banking corporations adopted by the vote of the people of the state was the “ Act concerning corporations with banking powers,” approved June 16, 1887, and approved by the people at the general election held in November, 1888. Section 11 of that act makes provision for the change of name and for the consolidation of corporations with banking powers existing by virtue of any general or special law of the state, and further provides “that any corporation with banking powers availing itself of or formed under this act, and all corporations with banking powers existing by virtue of any special charter or general law of this state shall be subject to the provisions and requirements of this act, in every particular as if organized under this act.” R. S., chapter 16a. *325Section 4 of said act provides that proceedings for the change of name, place of business or number of directors of a corporation with banking powers had under the provisions of the act of 1872 “are hereby ratified and confirmed and made valid and legal in all respects as if made in pursuance of the provisions of this act.” This section, it will be noticed, makes no provision for ratifying proceedings for the consolidation of corporations with banking powers had under the act of 1872.
The proceedings had June 9, 1874, by the stockholders of the German-American Savings Bank, and on the same day by the stockholders of the Germania Bank, to consolidate the two banks under the name of GerraanAmerican Bank of Chicago, were taken under a statute which was invalid as applied to corporations with banking powers and were therefore inoperative and void. Sykes v. The People, supra. The only evidence in the record to show sucho consolidation is the record of said proceedings and that record did not prove the allegation of the declaration that under the proceedings above mentioned “ the South Side State Bank became entitled to all the powers, privileges and immunities and undertook all the obligations and liabilities imposed by the said charters of the German Savings Bank of Peoria and the Germania Bank of Chicago.”
.But the judgment of affirmance i.n this case may be placed upon another, ground. By instituting the proceedings for the change of the name of the Western Investment Company to the Western Trust and Savings Bank, December 19, 1889, and for the change of the name of the Western Trust and Savings Bank to the South Side State Bank, April 25, 1893, the banking corporation in question availed itself of the provisions of the act of June 16, 1887, and by the express provision of that act became subject to the provisions and requirements of the act in every particular as if organized under- the act.
Plaintiff in error had no transaction with the South Side State Bank until several weeks after the name of the West*326ern Trust and Savings Bank was changed to the South Side State Bank by proceedings taken under the act of 1887. From the facts shown by this record we are led to the conclusion that the South Side State Bank was, at the time plaintiff in error deposited her check in that bank, subject to the provisions of the act of 1887 and not to the provisions of the special charter of either, the German Savings Bank of Peoria or the Germania Bank of Chicago.
It is further contended that plaintiff in error was entitled to recover under the proxdsions of the act of 1887, but this contention is without merit; first, because the liabilities under that act cannot be enforced by a creditor of a bank in an action at law against a stockholder, and second, because it is not shown by the evidence that defendant in error was a stockholder in the South Side State Bank at the time the liability of that bank to plaintiff in error accrued.
The contention of plaintiff in error that such liability accrued only when the judgment was rendered is not tenable. The liability accrued when the cause of action arose upon which the judgment was founded and for which it was recovered.
As the conclusions above stated are fatal to the right of plaintiff in error to recover in this action, we do not deem it necessary to examine or consider the other grounds urged for the affirmance of the judgment.
The judgment of the Circuit Court will be affirmed.
Affirmed.