The emigrant aid journal of Minnesota. [volume] (Nininger City, Minn. Terr. [i.e. Minn.]) 1856-1858, 1857-09-12
NUMBER 8.

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u r -at q hos9 Is ,saoiiaIo91a9 NUMBERS.
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people, il shall be the duty Of the Legislature Is estsb-
lish a general and uniform. system of public schools. So.
Sec. 2. The proceeds Of such lands al. are or hereafter
may be granted by the United States for the use Of
It.4psls xithin each township IN this state, shall remain :
Is E5Ret11 school fund to the state, and not more than
@@A%s.:ad q g said lands may be sold in two e years,,
1@1SH@elu1s3 IN nv. % years, and one-third u in ten
bI.r2XGiyeal1 put the lands of the greatest valuation
ssn % 500 ssst, provided that no portion Of said lands !
e;pai Of . ali li' funds udssE'se le.n e public sale. The P.ia.
of lands, or other ropeasNxr erfrnsiad e th;s
state in each township, for YHA4;a 1900 .hsIi
the income arising from tie hl s;sasss d 23 @;s i ; anS
lands shall be distributed 70 the Ill., s sS;ns
throughout the state, in proportion S4135e d NRs
scholars in each township betweesh4xe3sd1 H.
twenty.one years, and shall be faithloIl91p1h6t&a&
specific objects of the original grants II utUumeEsd s
Sec. 8. The Legislature shall make uoEruu4a
by taxation or otherwise, as, with the ncc~ynmM2
from the school fund, will secure a thorough and>91Mo
system of Public Schools in each township in the -
Sec. 4. The location Of the University of Minneso3p
as established by existing laws is hereby confirmed, sndN
said institution is hereby declared to be the University
Of the State Of Minnesota. All the rights, immunities,
franchises and ndowments heretofore granted or CON-
ferred, are hereby perpetuated unto the said University,
and all lands which may be granted hereafter by Con
gress or other donations for said University purposes
shall vest in the institution referred to in this sectlonssss
Art. N;nM.-Fnaaces of the State, and Banks and
-azsbe freB anksag. SIS saaa
Sec. l.. All taxes to be raised In this State shall be-
as nearly equal as may be, and all property onsxhich
taxes are to be levied shall have a cash valuaton5aRd
be equalized and uniform throughout the state. yaAss
Sec. 2. The. Legislature shall provide for On Annual
Tax sufficient to defray the estimated expenses Of the
state for each year and whenever it shall happen that
such ordinary expenses Of the 'stateT for any year s6s1i
exceed the income Of the state for such year, the Legisst
lature shall provide for levying a Tax for the ensuing
year sufficient with other sources of income, to pay the
deficiency Of the preceding year, together with the este
mated expenses of such ensuing year. .HLk ~
Sec. 8. Laws shall be passed taxing all moneys
credits, investments in bonds, stocks, joint stock COM
panies, or otherwise, and also all real and personal prop
erty, according to its true value in money, but public
burying grounds, public school houses, public hospitals,
academies, colleges, universities, and all seminaries Of
learning, all churches, church property used for religious
purposes and houses of worship, institutions of purely
public charity, public property used exclusively for any
public purpose, and personal property to an amount not
Exceeding in value two hundred dollars for each indivM-
ual shall, by general laws, be exempt from taxation. 81
Sec. 4. Laws shall be passed far taxing the notes and
bills discounted, or purchase moneys loaned. and all
other property, effects or dues of every description, Of all
banks and Of all bankers; SO that all property employ
ed in banking shall always be subject to q taxation equal
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Sec. 5. For the purpose of defraying extraordinary
expenditures, the state may contract public debts, but
such debts shall never in the aggregate exceed two hum
dred and fifty thousand dollars; every such debt shall
be authorized BY law, for some single object to be dis
tinctly specified therein and no such law shall take eff
feet until it shall have. been passed by the vote Of two
thirds Of the members of each branch Of the Legialsss
ture, to be recorded by yeas and nays on the journalism
each House respectively; and every such law shall levy
a tax annually sufficient to pay the annual interest Of
| eunh 1nhk and o1on q kov an&oSonk Tn q fhA t0pSnnlUAI ~
Of such debt within ten years from the final passage Of
such law, and shall specially appropriate the proceeds Of
such taxes to the payment Of such principal and inter-
est, and such appropriation and taxes shall not be repeal
ed, postponed or Diminished until the principal and IN.
terest Of such debt shall have been wholly paid. Tbs
state shall never contract any debts for works Of Internal
improvement, or be . party in carrying on such works,
except in cases where grants of land or other property
shall have been made to the state especially dedicated by
the grant to specific purposes and in such cases the
state shall devote thereto the avails Of such grants, and
may pledge or appropriate the revenues derived from
such works in aid Of their completion. .Its'ss ss
Sec.s6. All debts authorized BY the preceding sectioA
shall be contracted by loan on state bonds of amounts
not less than five hundred dollars each, on interest pay
able within ten years after the final passage Of the hw
authorizing such debts; and such bonds shall not be sold
by the state under par. A correct registry Of al such
bonds shall Be kept BY the Treasurer, in numerieal or
der, 80 as always to exhibit the number and amount un-
paid, and to whom s~everally made payable. saas gy9s
. Sec. Z. The state shall never contract any public
debt, unless in time Of war to repel invasion o. suppress
insurrection, except in the cases and in the manner pro.
vided ii the fifth and sixth sections of this Article. 4a1
Sec. 8. The money arising from any loanamade OF
debt or liability contracted, shall be applied 70 the -
ject specified in the act authorizing such debts or liabii-
ties, or to the repayment Of such debt Or liability, and to
no other purpose Whatever. hsAs
Sec. g.. No money shall ever be paid out Of the Trest
surys of this state, except in pursuance Of N appropEar.
sec.. 10. The credit Of the state shall never = g 1val