St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-09
TAXES A TARGET.
Two Important Bills in the
House Affecting Taxa
ton and
TO ALTER CONSTITUTION
The Minneapolis Hen Propose
Changes Of Opposite
Import.
MILL CITY CLIQUE ROASTED
First Appropriation Bill IN
Synopsis Of the House
Work.
MILL CITY CLIQUE ROASTED

Two important bills, proposing
amendments to the section OF the
constitution relating to taxation,
were introduced in the house yester-
day and referred to the committee
on taxes and tax laws. When they
get back to the house they will I'M
doubtedly be the cause of hot
battle. whatever the report OF the
committee may be.
The most important of the two IS
Mr.. DaIe's bill. H. f. $40. 1t is here
given almost in its. entirety:
A bill for an act to amend section
three 90 OF article nine CD OF the con-
Stitution, relating 10 taxation.
Be il enacted by the legislature OF
the state of Minnesota:
Section l.-Section 3 of article or
the constitution of this state is here
by amended TO read as follows:
Section 3.-AH property in this state
not exempt under the laws OF the
United States shall be assessed ana
taxed in proportion to its value, TO be
aScertained as provided by law. Tha
property, as used III this section, is
hereby declared to include moneys,
credits. bonds. stocks, dues, franchises,
and all other matters and things, real,
personal and mixed. capable of pri-
waite ownership, provided: Public
burying grounds as long as so used;
growing crops, property used eXciuS-
lively for public schools, and such as
may belong to the United States, this
state, or to any county or municipal
corporation within this state, and per-
sonal property to an amount not eX>
CeeGing $500 in value to each individ-
ual, shall be by general laws exempt;
and, provided further, that no school
property shall be exempt unless under
the management and control of this
state or some county or municipality
thereof. Land and the Improvements
thereon shall be separately assessed,
cultivated and Gncultivated land OF
the same quality, and similarly SitU>
ated, shall be assessed at the same
value.
A mortgage, deed of trust, contract,
writing, instrument, or other Obliga>
ton by which a debt is secured, shall,
for purposes Of assessment and taxa
ton, be deemed and treated as an in
tereSt in the property affected there
by and the value of the property af-
fected by such mortgage, deed of trust,
contract, writing, instrument or other
obligation, less the value of such
mortgage, deed of trust, contract,
writing, instrument or other obiiga>
ton, shall be assessed and taxed to
the owner of such property, and the
value of such mortgage, deed of trust,
contract, writing, instrument or other
obligation, shall be assessed and taxed
" tie CIV HcI liicIeOI III Jne proper
county, city or district in which the
property affected thereby is situated.
The taxes so levied shall be lien
upon both the property and security,
and may be paid by either party to
such security. If paid by the owner
of the security, the tax so levied unon
the property affected thereby shall be-
come a part of the debt so secured.
If the owner of the property shall pay
the tax so levied upon such security
l. n m on he.
debt so secured, and to the extent of
such payment a full discharge there
of, provided, that if any such debtor
or debtors shall pay or discharge any
such security or Indebtedness after as
seSSment and before tax levy, the
amount of such levy may likewise be
retained by such debtor or debtors.
and shall be computed according to
the tax levy for the preceding wear
Every contract hereafter made by
which debtor is obligated to pay any
tax or assessment on money loaned,
or on any mortgage, deed of trust. or
other lien, shall, as to any interest
specified therein, and as to such tax
or assessment, be null and void. The
legislature shall have the power to
provide by law for the payment or
taxes upon real property by INSTALL
mentS. The power of taxation shall
never be surrendered or suspended by
any contract to which the state. or
any county, city or municipality there
In shall be a party.
Section 2 provides for submission OF
the proposed amendment to a vote OF
the people, for canvaSsing of the vote.
etc.
ZIER'S PROPOSITION
is materially different, and, for pur-
poses of comparison, it will be inter-
eStlng. Section l reads:
The following amendment of section
3 of article of the constitution OF
the state of Minnesota is hereby pro,
posed to tho people for approval or
rejection, that is to say, that said
section 3 of said article 9 be amended
so as to read as follows, viz:
Section property subject to taxa
tion)-LaWs shall be passed taxing all
moneys, credits. investments in bonds,
stock, joint stock companies, or other
wise; also all real and personal prop-
erty, according to its true value in
money; but public burying grounds,
public school houses, public hospitals,
academies, colleges, universities and
ale seminaries of learning, ali
churches, church property used for
religious purposes, and houses of wor-
ship, institutions of purely public
charity, public property used exclus-
lively for public purposes, and per-
sonal property to an amount not eX>
ceeding in value $500 for each individ-
Val land improvements to an amount
hot exceeding. $500 in value each sep
arately assessed, piece or parcel of
real estate, shall by general laws be
exempt from taxation
CARRIES OVER A MILLION.
II r Go PoI,bioc +I,o G,,.L