Sauk Rapids frontierman. [volume] (Sauk Rapids, M.T. [i.e. Minn.]) 1855-1860, 1857-09-10
ARTICLE EIGHrH.e School Funds, Eauca-
ton ard Science. @

ton ard Science.
of government depending mainly upon the intel
igence Of the people, ii shall be the dnty Of the
Legislature to establish 4 general and uniform
system of public shoots.
Sec. 2. The proceeds Of such lands as are
o. hereafter may be, granted by the United States
for the use Of schools within each township inI
this state. shall remain perpetual school fund to-
the state, and not more than one-third l-3) of
said lands may be sold in two ~ years, one
third l~3) in FIVE ~ years, and one third l-3)
IN ten COY years; but the lands of the greatest
valuation shall be sold first, provided that no por-
lion Of said lands shall be sold otherwise than at
public SALE The principal of all funds arising
from sales, or other disposition Of lands, or other
property granted or entrusted 10 this state in each
township for educational purposes, shall forever
be preserved invoiata and undiminished and
the income arising from the lease or sale Of sad
school lands, shah be distributed to the different
townships throughout the State, in proportion TO
the number Of scholars in each township, between
| the ages Of five and twenty-one years, and
shall be- faithfully applied TO the specific objects
Of the original grants Or appropriations.
| Sec. 3. The Legislature shall make sncn pro-
| vision by taxation, or otherwise, as, with the IN
come arising from the school fund will secare a
thorough and efficient SYSTEM Of Public Schools
ia each township in the State.
| Sec. 4. The location Of the University Of
! Minnesota, as established by existing laws, is
! hereby confirmed and said Institution Is hereby
declared TO be the University Of the State Of Min
uesota All the rights, in,munities franz hises
and endowmens, heretofore granted or conferred
are hereby poypeuated unto the said University
aud all lan}s which may be granted hereafter by
/ Congress, or other donatsonS for said University
purposes, shall vest in the institution referred Il
in this section. ~
ARTICLE NINTH.-Ftaances Of the State
and Banks and Rnak5ng.
Section l. All taxes to BE- raised in this STATE
shall be as nearly equal as may be, ard all pro
perry which taxes are to be LEVIED shall. have
a cash valuation, ard be equaIized aud uniform
throughout tii,a State.
Sec 2 The Legislature shall provide for al
annual tax sufficient to deffay he expenses of tn
+ State for each year and whenever it shalt hap
pen that such ordinary expenses Of the State 70
any year shall exceed the income of the State 70
such year, the Legislature shall provide for levy
ing tax for the ensning year, sufficient, WIT
other sources of income, to pay the deficiency 9
| the preceding year, together with the estimates
expenses Of such ensuing year.
Sec. 3. Laws shall he passed taxing a
+ moneys, credits, investments in bonds, stocks
u Joint stock companies. or otherwise, and $50 a
real and personal property, according to its tro
/ value in money; but public burying ground:
public school houses, public hospitals, academies
g colleges, universities, and all sennares Of Iearr
ing, al churches, church property used #
religious purposes and houses Of worship. instit,
. tons Of purely public charity, public propcri
used exclusively for any pnbllc purpose, an
~ personal property to an amount not exceeding
= vaae two hundred dollars for each ,ndyidua
- shall by general laws, be exempt from taxation
: Sec 4 Laws shall be passed for taxing tt
notes and bills discounted or purchase money
- loaned. and all other properly, effects. or dn@S
> every descriptions Of all banks, and Of al bankers
= so that ali properly employed IN banking sn'
- always be subject 10 taxation cqpat to tn
= imposed on the property Ct !ndiFda's.
=, Sec s. For the purpose Of ae(raying e%tEao
~ binary expenditures. the Slate may contra
! nablic debts, but such debts shall never, ia t!
* ayyeaat e. exceed two hundred and fifty lhousar
y collars. Every such debt shall be authorized
q law, for some single object 10 be distinctly spef
% fed therein; and NJ such law shall, tax
effect until it shall have been passed t
&c the votes of two thirds Of the membc
;" Of each branch Of the Legislature: to |
!, recorded by yeas and nays on the lou
nal Of each House respectively; al
oh every such law shall levy a tax anaual
NJ sufficient to pay the annual interest
r. such debt, and also tax sufficient
pay the principal! Of such debt W thin t.
he years from the final passage Of SUI
On law, and shall specially appropriate t
a. s+' proceeds Of such taxes to the payne
nd Of such principal and interest; and sut
appropriation and taxes shall not be I
for peaied, postponed, or diminished, w
:sa lhe principal and interest of such dc
;ns .shaI! have been wholly paid. The sta
is shall never contract any debts for wor
lay Of internal Improvement, or be PAL
no 10 carrying on such works, except
w. cases where grants Of land, or Oil
property, shalt have been made to
Of state. especially dedicated by the gr;
her TO specific purposes; and in such ca
leo the state shall devote thereto the ava
~, ,yI Of such grants, and may pledge or ;
ion propiiate the revenues derived from 5,
cen works in aid Of their completion.
%" SEC 6. All debts authorized by
rrec2dlIg Sectioh shasi De cohifaCte"
1,n loan on state bonds, of amounts not
,ns. than five hundred dollars each, on int
.tes est, payable within ten years after
final passage ofthe law authorizing 81
''o u debt: and such bonds shall! not be $
by the state under par. A correct +
this lstrY Of all such bonds shall be kept
ons the Treasurer, in numerical order, 81
, ,,ah always to exhibit the number and amo
hall unpaid, and to whom severally m
e of payable.
ate. SEC. Z. The state shall never contE
TIE any public debt, unless in time Of v
.n :, to repel invasion, or suppress lnsuri
per- ton, except in the cases ard in the m
non ner provided in tie fifth and sixth $
per- ions of this article.
-, SEC. S. The money arising from
4 1 4 -. L..