Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1875-10-16

Stt. - tN lA'N va
this Article, the General Assembly shall have
the same power over the city and county OF ST.
Louis that it has over other cities and counties
OF this state.
ARTICLE Y.
REVENUE AND TAXATION.
Section /. The taxing power may he eXer-
cised by the General Assembly tor State pur-
poses, and he counties and other municipal cor
unrarions, under authority granted 10 them by
the General Assembly, Tor county and other cor
sec. 5. The power to tax corporations and
corporate property shall not he surrendered or
suspended by act of the General Assembly.
Sec. g.. TaAes may be levied and collected for
public purposes only. They shall be uniform
tori.ll limits ofthc authority levying the tax, and
all taxes shall be levied and collected by general
laws.
Sec. 4. All property subject to taxation shall
be taxed in proportion to its value. go.
Sec. 5. All railroad corporations in this
State, or doing business therein, shall be subject
to taxation for state. county, school. municipal
and other purposes, on the real and personal
property owned or used by them, and on their
gross earnings. their ne! earnings, their fran
chises, and their Capital stock:
Sec. &. The property, real and personal. OF
the State, counties and other municipal corpora
tions, and cemeteries, shall lie exempt from
taxation. Lots in Incorporated cities or towns.
or within one mile of the limits of any such city
or town. to the extent of one acre, ana lots one
mile or more distant from such cities or towns,
TO the extent of five aci es, with the buildings
hereOn, may be exempted from taxation when
the SstIIt are uSeu exclusively " III SiouS W.
ship, for schools. or for purposes purely chari-
table; also. such property. real or personal, as
may be used exclusively for AGRICULTURAL or
Horticultural Societies: Provided. That such
exemptions shall be only by general law.
SEC. I. All laws exempting property IRON
taxation, other than the property above enumer-
ated, shall be void.
Sec. s. The State tax on property, exclusive
Of the tax necessary to pay the bonded debt OF
the State. shall not exceed twenty cents on the
hundred dollars valuation; and whenever the
taxable property of the State shall amount to
nine hundred million dollars, the rate shall not
exceed fifteen cents.
Sec. .. No county, city, town or other NUM-
cipal corporation, nor tine inhabitants thereof.
nor the property therein. shall be released or
OF taxes to be levied for State purposes; nor shall
Communication for such taxes be authorized in any
form whatsoever
Sec. 10. The General Assembly shall not i'm
pose taxes Upon counties, cities, towns or other
municipal corporations, or upon the inhabitants
other municipal purposes; but may, by general
laws, vest III the corporate authorities thereof
the power to assess AMI collect taxes for such
purposes.
Sec. IL. Taxes for county, city, town and
school purposes, may be levied on all subjects
OF taxation; but the valuation of property there
for, shall not exceed the valuation of the same
property In sHch town, city or school
district Tor State and county purposes.
For county purposes the annual rate
lars or less, shall not, In the aggregate. exceed
fifty cents on the hundred dollars Valuation; in
COuutleS uAVlnR Blk million UOllNr6 lnu unucF
ten million dollars, said rate shall not exceed
forty cents on the hundred dollars valuation; In
counties having ten million dollars and unier
coed fifty cents on the hundred dollars valua-
ton; and in counties having thirty million dol
lars or MORE, said rate shall not exceed thirty
i've cents on the hundred dollars valuation. For
city and town purposes the annual rate on prop
erty in cities and towns having thirty thousand
inhabitants or more, shall not, in the aggi egate,
exceed one hundred cents on the hundred dol
lars valuation; in cities and towns having less
than thirty thousand and over ten thousand in
hab1tants, said rate shall not exceed sixty cents
on the hundred dollars valuation; in cities and
towns having less than. ten thousand and more
than one thousand inhabitants, said rate shall
valuation; and in towns having one thousand
inhabitants or less, said rate shall not exceed
twenty-five cents on the hundred dollars valua-
ton. For school purposes in districts, the an
cents on the hundred dollars valuation: PrOvi-
ded, The aforesaid annual rates for school pur-
cities and towns. to an amount not to exceed
one dollar on the hundred dollars valuations; and
IN other districts to an amount not to exceed
sixty-fve cents on the hundred dollars valua-
ton, on the condition that u majority of the yo-
tiers whe are taxpayers, voting ut IN election
held to decide the question, vote for said in
buildings in counties, cities or school DISTRICTS,
the rates of taxation herein limited may be in
creased when the rate of such increase and the
purpose for which it Is intended shall have been
submitted to a vote OF the people, and twO-thirds
OF the qualified voters Of such county, city, or
school district, voting ut such election shall vote
therefor. The rate herein allowed to each cOun-
" shall be ascertained by the amount of taxa
bic property therein, according to the last as
sessment for State and county purposes, and the
rate allowed to each city or town by the number
OF inhabitants, according to the last census
taken under the authority OF the State, or of the
United States; said restl ctions, as to rates,
shall apply to taxes OF every kind and descrip-
ton, whether general or special, except taxes
to pay valid Indebtedness now existing or bonds
which may be issued in renewal OF such indebt-
eGineSs.
Sec. y. No county, city, town, township,
school district or other political corporation or
subdivision of the State, shall lie allowed to
become indebted in ANY manner or for any pur-
pose to an amount exceeding in any year the in
Genie and revenue provided tor such year, with
out the assent of two thirds OF the voters thereof
voting at an election to be held for that purposes;
nor in cases requiring such assent shall any in
s@asni ins,u Sf a!'a sxistin as in nd Sssan.e "a, l fa t la
aggregate exceeding five per centum OH the val
ne Of the taxable property therein. to he ascrr-
tanned by the assessment next before the last
assessment Tor State and county purposes, pre-
vious to the mourning Of such Indebtedness:
Provided, That with such assent any county
IEay be allowed to become indebted to u larger
amount Tor the erection of court house or jail:
And provided further, That any county, city.
town, township, SCHOOL district, or other polit-
icil corporation, or subdivision OF the State,
mourning any Indebtedness requiring the assent
81 The voters as aforesaid, shall. before or Il:
the time OF doing so, provide for the collection
Of an annual tax suflicien: to pay the interest On
such indebtedness rs il tails due, and also to
nonstI,m, : ,tasi sinking NJ fund IN ioF payment Of the
time OF contracting the same.
Sec: IL; Private property shall not he taken or
sold for the payment Of the corporate debt Of u
sec. II. The tax authorized by the sixth Sec
tion Of the Ordinance adopted June sixth, one
thousand eight hundred and sixty-iye, IS here
by abolished, and hereafter there shall be levied
and collected an annual tax sufficient to pay the
accruing interest upon the bonded debt Of the
State, and TO reduce the principal thereof each
nifty t~hausapd d0.larsi the proceeds Of which
tax shall be paid into the State Treasury,
ard apprpp P ate , and paid out for thu purposes
OF section fOrty-three of Article ". Of this
Constitution. The funds and resources now in
whenever said bonded debt is cxtinguished. or
a sum sufficient therefor has been raised, the
tax PROVIDED for IN this SECTION shall CEASE 10 be
assessed.
Sec. Is. All moneys now, or at any tim.
hereafter, in the State Treasury, belonging to
be deposited bI the Treasurer to the credit of
the State for the benefit OF the funds to which
they respectively belong IN such bank or banks,
val OF the Governor and Attorney General Sc
lect, the aaid bank or banks giving security,
satisfactory to the Governor and Attorney Cen
2ra!, TOR tie Sa,e EecplnS and pay ment Of such
deposits, wnen demanded ny The state Treasurer
On his enc, ks-such bank to pay q bonus Tor
tne use ol SUCH uepOSlts not less than the bonus
paid by other banks for similar deposits; and
the Same, together With such interest and profits
us may accrue thereon, shall be disbursed by
said treasurer Tor the purposes OF the State,
according to law, upon Warrants drawn by the
STATE Auditor. and not otherwise.
Sec. Is. The Treasurer shall keep a separate
account OF the funds, and the number and
amount OF warrants received, and from whom;
md shall .pahilsh, IN such manner u. the Gov.
showing the amount oil State moneys, ana where
the same are kept Or deposited.
SEC. L.: Tie making OF profit out of State,
county, city, town or school district money, or
using the same for any purpose not authorized
by law, by any public officer, shall be deemed
a felony, and shall be punished as provided by
law.
SEC. Is: There shall be Il State Board of
Equalization, consisting of the Governor. state
Auditor. State Treasurer, Secretary of State
aud Attorney General. The duty OF said board
Shall be to adjust and equaliZe the Walt alton of
real and personal property among the several
counties i'll the State, and it shall perform such
other dutles as are or may be prescribed by
law.
sec. II. No moneys shall ever he maid
out 81 the treasury OF tGis Stale, or any
ni the funds under its management,
except in pursuance OF an appropriation
made, or IL warrant shall have issued therefor.
within two years alter the passage OF such ap-
preparation act; and every such law making
new appropriation. VI continuing v %reylyin- an
appropriation, shall distinctly Specify The sun,
appl "priated, and the object to WHICH it is to he
applied; and it shall not be sufficient to refer 10
any other law to llH such sum or object. y res
expenditures OF al public money shall be-
published from time to time.
Sec. ~. The moneys arising from any loan.
debt or liability, contracted by the State. or any
county, city. town, Or other municipal corpora
ton. shall be applied to the purposes fer which
they wert o~ltainkd. or to the Repayment of stch
dc6t or liability. ind not otherwise.