The Redwood gazette., 1902-10-22

inde btedness, including the loan. In
question, does not exceed fifteen (15)
per cent of the assessed valuation
of the taxable cal property in such
municipalities: whereas. under the
existing Constitution loans are per-
mitted only where such total in
debtedness does not exceed seven
ca per cent of the assessed valu-
alton.
III.
BY An Act of the Legislature of the
State of Minnesota Approved April IL,
1901, and known as House File No. 353, it
is proposed to Amend Section Sixteen (16
of Article Nine (9) Of the Constitution.
The Section as now existing reads as
follows:
Section 16. For the purpose OF lending
aid in the construction and lmproyement
Of public highways and bridges there rs rs
state road and bridge fund.- Said fund
shall include all moneys accruing from
the income derived from investments in
the internal Improvement land tuno, or
that may hereafter accrue to said FUND,
and shall also include all funds accruing
to any state road and bridge fund, how
The legislature is authorized to add to
such fund for the purpose of constructing
or improving roads and bridges OF this
an annual tax levy upon the property OF
this state Of not to exceed in any year
One-tWentieth (1-20) Of one Cd mill on all
the taxable property within the state:
The Legislature is also authorized to
provide for the appointment by the gov
ernor of the state of a board to be known
sisting of three 90 members, VINO shall
perform such duties as shall be pre-
scrbed by law, without salary or COM
pensatlon ether than personal expenses; rG3 S.,
perintendence or the construction OF state
roads and bridges and shall use sucn
d1b53e Hq m M 0 the and
basis. Provided. further. that no
county. shall receive in any year more
half G2) Of one % rer cent of the. total
fund thus provided ard expended during
such year; and provided, further, that no
more than one-third OBJ of such fund
accruing in any year shall be expended
than hird as Of the cost Of con
be paid by the state from such fund.
1t is proposed by said Act to amend the
same SO as to read as follows:
Section 16. For the purpose Of lending
aid IN the construction and lmprovemenit
hereby created a fund to be known as the
State Road and Bridge Fund Said
fund shall include all moneys accruins
vestments in the internal Improvement
land fund, or that may hereafter accrue
to said fund. and shall. also include al
funds accruing to any state road and
bridge fund however provided.
The legislature is authorized to add TO
such fund for the purpose of construct
ing or improving roads and bridges OF the
state, and providing in its discretion for
an annual tax levy upon the pronerty OF
this state, of not to exceed In any one
year one-terth 0-1O Of one mill on all
the taxable pror erty within the state.
The existing Constftution author
.SS1- fnW Ynv
Of a state tax of 1-2O of one mill for
the purpose of building roads and
bridges, and provides for it's use
under the direction of n State High
way Commission in such counties
as shall contribute at least double
the amount of the State moneys ex-
pended by said Commission for such
purpose, subject also to certain
other limitations.
40 of one mill is authorized to be
levied for this purpose; the High
way Commission IL abolished. and
the result. il the proposed amend
ment is adopted. will be to place
the distribution of such funds in the
hands of the Legislature, without
Limitation restriction.
~.
BY an act of the legislature of the State
of Minnesota, known as chapter one O
of the Laws of the Extra Session of 1902,
it is proposed to amend sections one %,
two (2) and three 60 of article nine (9)
of the constitution.
The sectioI.S as now existing read as
lows:
''Section l. All taxes to be raised in
this state shall be as nearly equal as may
be, and all property on which taxes are
to be levied shall have a cash valuation,
and he equalized and uniform throughout
the s,atei provided, that the legislature
may, by general law or special act, au-
thorize municipal corporations to levy
assessments for local improvements upon
the property fronting upon such improve
ments, or upon the property to be bene-
fitted by such improvements, or both,
without regard to a cash valuation, and
in such manner as the legislature may
prescribe; and provided, further, that for
the purpose of defraylng the expenses of
laying water pipes and supplying any
city or municipality with water, the leg
iSlature may, by general or special law,
authorize any such city or municipality,
having a population OF five thousand or
more, to levy an annual tax or assess
ment upon the lineal foot of all lands
fronting on any water main or water
pipes laid by such city or municipality
within corporate limits of said city, for
supplying water to the citizens thereof.
without regard to the cash value of such
collect any such tax assessments. or fines
or penalties for failure to pay the same,
or any fine or penalty for any violation
of the rules of such city or municipality
in regard to the use of water. or for any
water rate due for the same.
And provided further. that there may
be by law levied and collected a tax upon
all inheritances. devises. bequests. lega-
cies and gifts of every kind and descrip-
ton above fixed and specified sum. of
any and all natural persons and corpora
tions. Such tax above such exempted
sum may be uniform. or it may be grad
ed or progressive, but shall not exceed
a maximum tax of five per cent
Sec =. The legislature shall provide
for an annual tax sufficient to defray the
estimated (ordinary> expenses of the
state for each year; and whenever It
shall happen that such ordinary expenses
of the state for any year shall exceed
the income Of the state for such year
the legislature shall provide for levying
a tax for the ensuing year sufficient
with other sources of income. to pay the
deficiency of the preceding year. together
with the estimated expenses of such en-
suing year.
Sec g. Laws shall be passed taxing
all moneys. credits. investments in bonds
stocks. joint stock companies. or other
wise: and also all real and personal prop
erIy. according to its true value in
money: but public burytng grounds pub
lie schoolhouses. public hospitals acad.
enies. colleges. universities and ali semi