The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1891-01-30
NOT TAXABLE.
Property In kentucky Exempted
By the New Constitution.
Churches. Parsonagcs, Public Libraries snd
schools from which No Profit il Desired,
Growing Crops and Personal Prop
erty TO a Certain Amount.


The Constitutional Convention on the 10th
passed few amendments to Section OF the
Revenue and Taxation report, when the dis
covery that no quorum was present was made
and proceedings came 70 q standstill.
Section two. which was abandoned Monday
afternoon owing 10 mo quorum" was again
taken up on the goth; numerous amendments
In addition to those acted upon In the Commit
tee OF the Whole being offered and voted upon.
The educational amendment exempting edu'
tational institutions not used or employed for
private or corporate gain and whose income II
solely devoted to the cause OF education. was
adopted getting large majority. Yeas 81;
nays 10.
Colonel Young also succeeded In getting
through bis amendment exempting libraries,
the incomes OF which were absorbed entirely In
their own maintenance; yeas %. nays 20.
Governor Buckrcr's amendnent requiring
the different communities Of the State 70 ada
70 their assessment the amount OF property
sxsmptec therein, which siirved up such . rum
80 6atprAeg. vas ovssvheimingly defense1-. Z,
An amendment 70 exempt an municipal prov
erty vas rejected; yeas 81, and nays 81
The next section was that providing for m
annual tar sufficient " deifsy The estimate;
expenses OF the State Government and also
containing the clause which would cause banks
and all corporate property 70 be taxed upon
the same basis as other property II was
adopted as IL came from the committee of the
whole.
Sections four and FIVE we're also adopted as
amended In the Whole Committee
In the convention on the 21st several sections
OF the report on revenue and taxation were
finally disposed Of
The first section provides that tho fiscal year
shall begin July I OF each year Section two
provides that there shall be exempt from tax.
alton actual places OF religious worship, par
sonages and houses Of priests, growing crops
and personal property 10 the amount OF $40
The list also includes public Libraries and
schools from which no profit is desired.
Churches In cities are allowed one fourth OF an
scre OF land free Of tax and churches In the
country are allowed two acres. Section au-
thorizes the Legislature 10 levy an annual tax
which shan be sufficient to cover the estimated
expenses OF the State They shall he levied
and collected by general laws, and applied 70
public purposes only
Section provides that all property shall be
taxed at its fair cash value, estimated at
price n would bring ut fair voluntary sale,
and provides, further that II the person author
lieu 70 assess s,;G5s 70. tsS:..cc shall ~"mmst
any gross or willful error In the performance
OF his duty he shah be deemed guilty OF mis-
feasance. and, upon conviction. snail forfeit his
once and be otherwise punished, as may he
provided by law.
Section provides the taking or receiving by
any oficer Of any interest, profit or perquisites
arising from the loan OF public funds In his
hands. or moneys to be raised through his
agency, shall be guilty Of a felony, and punished
as may be prescribed by law, part OF which
punishment shall be his disqualification from
ofice.
The Convention spent Its morning session on
the 23d in consideration OF the report on munich
palities. The second section, as adopted, limits
the maximum rate OF taxes for municipal pur-
poses 80 on 800 OF taxable property In cities
OF over fifteen thousand, and limits II TO u In
cities OF less than that population.
The highest vote for County purposes Is hfty
cents In one hundred dollars
by Section g. as adopted, no county. city or
nun cipality, shall in any year become indebt-
ed for more than the Income or revenue pro-
vided for that year, and all appropriations in
violation shall be void.
with the close OF this week the Convention
has been In session about one hundred and
| twenty-five days, and the estimated cost up 10
this time exclusive OF printing Is close TO e7.-
| coo. There are yet TO be considered thirteen
| reports, which ct q fair calculation Will take
| about four months YET TO complete
SO il rs the general impression that the new
instrument when completed will cost not less
than s225, 0OO, II the murmurings over the
State indicate any thing this will be so much
thrown away. as the prevailing discomfort has
caused a widespread belief among the dele
gates that their work Is going To be rejected
The report on judiciary on which there are
seven minority reports, will be next taken up.
The Constitutional Convention on the 2tth al
| most finished consideration Of the municipali'
| ties report, aud few changes were made in the
Iext reported from Committee of the Whole,
Tho subject will probably be disposed Of in q
| foxx