Wessington Springs herald. (Wessington Springs, Aurora County, Dakota [S.D.]) 1883-1891, 1889-03-15
ARTICLE Nj.
CE AND FINANCE.

REVENUE AND FINANCE.
EcTIoNl, The legislature shall provide for
hnnualsx, sufficient to defray the estimated
fnary expenses of the state for each year,
TO exceed ior any one year two mills on
dollar Of the assessed valuation Of all
|able property in the state to be ascertained
the last assessment made for state and
(nty purposes And whenever it shall appear
such ordinary expenses shall exceed the
ONE Of the state for such year the legisla
e snail provide for leYying tax for the en-
ns year, sufficient with other resources OF
ONE TO pay the deficiency of the preceding
together with the estimated expenses Of
ensuing Year. And for the purpose OF
ing the public debt the legislature shall
Pviae iof levying n tax annually. sufficient to
the annual interest and the principal Of
N debt within ten years from the final pas
OF the law creating the debt, provided that
annual tax for the payment of the interest
principal Of the public debt shall not ex-
u IN any one year two mills on each dollar Of
Assessed valuation of all taxable property
lhe state rs ascertained by tho last assess
n ,it made for state and county purposes.
IN n; = All taxes to be raised in this state
u Do uniform on all real and personal prop
/ }! according to it's value in money, to be
eeftainea by such rules of appraisement and
fessilent as may be prescribed by the legisla-
III ny general law, SO that every person and
i'ofa1lon shall pay tax in proportion to the
ue , OF hi., her or its property.
tEu lhe legislature shall provide by general
aof the assessing and levying Of taxes on all
n no,atloh property, MS near as may be by the
!. az methods us are provided for the assessing
wv iosyln T. OF taxes on individual property.
~ o. The power to tax corporations and
s ro.a,e property shall not be- surrendered or
|spended by any contract or grant to which
state shall be party,
L III =. me legislature shall provide for tax
6o an moneys credits, investments in bonds,
n IA ~ loint stock companies, or otherwise;
b1n a.a9 ior taxing the notes and bills dis
Ca. s' or purchased. moneys loaned, and all
k e' property, effects OF dues of every descrip
Pi' OF all banks and of all bankers, SO that all
||TIp ea employed in banking shall always be
I , nro 10 taxation equal TO that imposed on
\ ~ property OF individuals.
~ ~ .. The property of the United States and
hns isea.e, county and municipal corpora
pm taxation.
|e,nrt o. The legislature shall, by general law,
aarc s,In .aHation property used exclusively
[hno, ufal and horticultural societies, for
Ises a teellslous, cemetery and charitable pur-
u ero alll personal property to any amount
LII i,,1:!s III value two hundred dollars for
Erc .iio'S ,,1 liable to taxation.
bn othe an .h laws exempting property from taxa
f. ny, vEi ': than that enumerated in sections
kS, ~ y siS ot his article, shall be void.
Tnno,, 9. NO tax shall be levied except in pur
h 1 ai'; VI law, which shall distinctly state
Ia! he OF me same, to which the tux only
6rnos' ~. Al taxes levied and collected for state
iIoh snail be paid into the state treasury.
EnIoa ,p.euhess shall be incurred or money ex-
FuNn ~, Wy the state, and no warrants shall be
be-, -, "pon the state treasury except in pursu-
b. f e, IN appropriation for the specific pur-
sr i.s. made, The legislature shall provide
Ito etfaa, enactment for carrying this section
|SEr IN nv,
q Wy, ~, The legislature may vest the corpo-
Eth n n.,.orlty of cities, towns and villages,
berippI 1--WE" , 70 make local improvements by
Eherwv,isee 'Sa1 tor Of contiguous property OF
|unieinsae;i for all corporate purposes, all
Lthonrlitt, corporations may be vested with
h shnil 10 assess and collect taxes but such
fonar .ii De uniform in respect to persons and
VIM :, Wlshin the Jurisdiction of the body
(i e",,ll -, The making OF profit, directly or in
ehool Al w: OF state, county, city, town OF
Ilrnosa erict money, or using the same for any
|feom,r not authorized by law, shall be deemed
lw Why and shall be punished as provided by
nd eyn s an accurate statement OF the receipt!
GblisbeIti lures of the public moneys shall b.
|sisl, NV, annually. i'll such manner as thu
e''taeufe may provide.
ARTICLE XII,
sr,u,' 'o ACCOUNTS AND EXPENDITURES.
l. NO money shall DO paid. out IL til,