The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-04-08
An Act proposing an Anne nd ment to the
stitutioa.
BY AUTHORITY.I

AN ACT proposing amendment to section ten Article
nine OF the Constitution and prov ding for Inc subma
sion OF the same 10 the people
BE enacted by The Legislature Of the state Of Mime
sscrIos / The following amendment to the Consdtu.
uon oil ms state IL hereby proposed for publication and
Section Aflee IA ii the Consuauon that ia IA az
That section 10 Of Article Of the Constitution ,hail be A.
10 The credit Of this State shall never be giyenor
loaned IN AID OF any individual association corporation
except That Tor he purpose OF expedng the on
81 he hses Of railroads. aid which the Congress Of
he oned state, has granted lands 10 the Territory Of
minnesota, me Governor shall cause TO be issued and
hvered To each Of the companies in which said grants are
vested ey .he legislative Assembly OF Minnesota the
special BONUS CT he state bearing an interest Of
per cent per annum. payable annually in the city
exceeding Twelve hundred and ay thousand aoisr. n
an sssregae amount 10 all Of sad companies exceed
ing hVe mlhons Vi dollars Ia manner following to wit
Whenever eiGher Of The said companies shall produce
70 Me Governor satisfactory evidence verified by az
tors Of said Company that any miles the road Of
said company has been actually constructed and com.
Governor shall be issued and delivered TO such
company bonds the amount q hundred thousand
dollars, and whenever thereafter and often A. either
Of said mpanes sha produce 70 the Governor like evi
denee OF ither consru ton Of ten mites 10 read a.
Aforesaid then the Governor shall cause 10 be ia.
sued TO SUI company further like bonds amount
OF ose hundred thousand dollars Tor each and every
miles OF rOad thus constructed and whenever sue
psDy shall furnish like evidence any miles Of is
osa actually comp ,eed and car. running thereon the
bonds Is the amOant OF hundred thousand dollars and
whenever thereafter and ofen either Of sal eompa
MES sh. produce the Governor like thai any
further ten miles of said road is IN operation aforesaid
the Goyernor shall to be issued such company
further like bonds the hundred thousand
dollars until the full amount al the bonds hereby author.
lied shall be issued Provided That two iths and no
Of all bonds issued to the southern MINI esota kai
road Company shall be expended in the construction and
equpmen. OF The line OF road from La Crescent to The
point Junction with the Transit road As provided by
law and further provided that The Minneapolis and &C.
strucion Of their road arbaut and Minneapolis and
shall grade an equal number OF miles irom each Of SAID
The said bonds thus issued shall be denomlnated MIN
neshA stat. Railroad Bonds and he faith and credit Of
this state are hereby pledged for the of the ne
rest and the redemption vi the principal hereof they
' " de ~ s % G and
state, oil denominations not exceeding thousand dol.
Transferable by Of The Pre.aent Of the
said company and redeemable at any time after and
thereof WNhn thirty day AFTER the Uosernor shall pro-
cis that the people have voted for loan Of credit
he loan herein provided o snG % ss.
the condons Of the shall monty the Governor there
OF, and shall within SKY days commence the consruc
uon Of their roads and shall within years thereafter
construct ready Tor The supersuuo'ure least my 60
for he punetual payment and REDEEM pon Of all bonds is
sued and delivered sores AID company and for
the punctu Of the which shall accrue
thereon ia such manner TO exoBerAte the Treasury VI
this state from advances Of money for that purpose
and security therefor the Governor shall demand aud
receive trom each Of SAID companies, before any
bonds issued instrument pledgng The mel prohs Of
is road, for the payment "a sad insrest aud convey
snce 20 he state oi the first two hundred ions
Of land free from prior disturbances which
pany OF may be authorized sell for The beter
security Of the Treasury Of the from loss on said
bonds which said deed of trust shall authorize the Gov
ernor ani secretary OF State 10 make anees OF lille
TO all or any OF such lands TO purchasers agreeing with
tie respective railroad companies therefor Provided
That before releasing The interest OF the such
lands such sale shall be approved BY the Governor
The proceeds Of all such shall he applied the pay
menl Of interest aecrtng upon the bonds In q de-
tAui Of The payment Of ,he saline and as sinking fund
meet auy future default In he payment interest and
the principal thereof when due further sec urity
A frsnSs.s a' np nsnas on ne roads i.nds
responding the state bonds issued shall transferred
bonds and either OF sad companies shall
make default IA payment OF either the interest princi
pal II the bonds issued to said companies By the dover
nor no more STATE bonds shall thereafter be issued to said
company and The Governor shall proceed In such
may be prescribed by law sell h. bonds Of The
defAaiuns company or comp aui.s or the lands held
trust A. above CT may require foreclosure OF the mort
company default before he dag Of sale. shall pay
all aud principal then due and all expenses
rlghs Of such company shall HOt be impaired further
loan Of state credit Provided, II any Of said companies
the that may then be doe az on any q The Mime
snts state Railroad eonds which may have been ssuet
under The provisions of tas section hen The Treasurer
SAFE shall receive As same and he liabilities II
upon such paymen into the STATE Treasury principal
together wh ne interest," aforesaid Provided further,
IaA consideration Of the II credis herein
provided. thai he company eompanie. which may
cspi e bonds Of The ale be herein specified
shalt rundon thereof eaea complete not less Than
sfty miles u - read before The eiprson q Tho
year ol aDd not icss han hundred miles before the
year -64 AID compl.e o.Y ah. u the entire len h ~
IL road be.0re he year lo aay failure he pa
such company complete the ngnbcr Of miles Of
~ rusd roads, IA The ami within The several
hrrein prescribed shall Forfeit the state all he
rights, tile And interest, az kind whatsoever and
sHy lands oseiher with he franc hses connected with
he no, pertaining applicable 70 he portion Of tbe
ROAD D. hen constructed and lee simple 10 which has
accrued eiher Of SAID companies by Of such
conslrucuon Shica WAS granted 70 the company
panies, ID ts.Bg comply wh he PROVISIONS hereof
ty .c 81 the Legislature Of The Tertiary Of Minnesota
vesiug sad lana a saii cgsn paniss rrspecay.iy
sEg : The flre going amendment shall be submitted
the electors az al election be held The
I5h DAY 0f April thousand hundred and hity
eight Ia several secaoa districts of his The
bA o.s a. such election sha. be printed A. io'
lows hase favor Of the Amendment Lean az stAle
Credit foy EAlroats-iesH Those Against the amend
polls At sad election shall be opened b~twe-O he hears
q esaI and tsn ocosk A. ~, and closed 81 sr oeick
4 " sAd he s.st elec.on shall be condaesed AID Tie
returns sherccI sds and cer1inei ne manner pro
vHi-d BY AZ tor returning Tor terrtofA peeSAs
Congress except thai he sAd returns shsi De afifs<
ea he Governor. by bon me same sAl be c1hsAssed
within senty days afsr sssi slecilcu soi shA4! sp
pear MAJORITY present and Young 81 .Aid
elcct0S haze ra.ls1 the proposed Amendments ne oes
shall Incorporate TIE fcrcertns AmradneSi N ne
C0asauiou and shall make prue Ar on o. be resals
ara asp.l he eectaa retrns he oce Of he scrrr
tsFy Of .
ssc Be.sdes the pgblcs;lon prescribed - erssiIS
a.S u act Is hereby directed 3. published IN a.! NJ
nss.pAp,rs a his STATE f0s ~ssca pas.eA ION ne sAe
20. a sntu pensAlon sereby hIed for similar user
cons m he ssarial payer Il 10 Legislature
sc THIS Aet shAll -Aae eject from A1i AIrf -
passage cv.u
spsaksr pvo of De ~ o. X
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