The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-13

sis Of Chapter $50 of the General Laws Of
1901 being an Act involving the taxation
of railroad property. to be submitted to
| the electors of the state for adoption or
rejection at the next General Election.
Yours respectfully.
w. B. DOUGLAS,
Attorney General.
SYNOPSIS OF AMENDMENTS TO
OF MINNESOTA PROPOSED BY THE
LEGISLATURE OF THE SAID STATE
AT THE GENERAL SESSION IN 1901
| AND THE EXTRA SESSION IN 1902,
AS WE'LL AS A SYNOPSIS OF CHAP
TER $50 OF THE GENERAL Al ~ Lays = q
OF THE GROSS EARNINGS TAX
UPON RAILROAD PROPERTIES.
Pursuant to the provisions Of Section
| 32a, Of Article ~. of the State Constltu,
tion., the Legislature by Act approved
April 6. 1901, known as Chapter 160 of the
General Laws of 1901, present to the cleo
tors of the State for rejection or approval,
the following; to wit:
| owning or operating any line Of railway
situated within. or partly within, this
state, SHALL during the year 1903, and an
| nually thereafter, pay into the treasury
of this state. as taxes upon all property
within this state owned or operated !or
railway purposes by such company, IN
GLIDING equipment, appurtenances, ap-
of money equal to four ca per cent of the
gross earnings derived from the opera ton
of such line Of railway within this state;
and the payment Of such taxes shall be in
full and in lieu of all other taxes upon the
property and franchises so taxed. The
lands acquired by public grant shall be
and remain exempt from taxation until
sold or contracted to be sold or conveyed
as provided In the respective acts whereby
such grants were made or recognized.
Sec. 2. The term 'the gross earnings
derived from the operation of such line
| of railway within this state.'' as used In
| section one (1) Of this act, is hereby de-
clared and shall be construed to mean all
earnings on business beginning and end.
earnings on all interstate business passing
through into or out of the state as the
| mileage operated within the state bears
to the entire mileage operated by such
Sec. 8. All acts and parts. of acts not
inconsistent herewith regulating the pay
ment, collection, time of payment, en-
forcement: or reports. involving the
amount of taxes upon the gross earnings
| CT railroad companies within this state. or
providing penalties for the non-payment
| BILE to this act so far as may be; and all
| acts and parts of acts inconsistent with
| the provisions Of this act are hereby re-
| pealed.
Sec A. Upon failure to pay the amount
| Of such taxes legally due upon the dates
| heretofore provided by law for the pay
| ment thereof, in addition to existing rem
p edies, collection may be enforced in a
| civil action brought in the name of the
| State Of Minnesota in the district court
| Of any county.
| the people of this state for their approval
or rejection at the next general election
for the year 1902.
(The. omitted. provision refers to the
method of printing the ballot and submit
| ting the act for ratification)
|
of the amount of taxes collected by the
State upon the property of the railroads
situated within the State, from three. per
cent upon the gross earnings derived from
! the operation of such lines of railway
within the State, to sum of money equal
to four per cent upon the gross earnings
derived from the operation of such lines
| of railway therein.
Under the terms of the Constitution
above referred to, this Act of the LegIsIa-
ture must be submitted to legal voters
adopted by majority Of such. electors
voting at the next general election.
State of Minnesota, approved February %.
1901, and known as House File No. 100.
| 1t is proposed to amend Article Eight
| (Sl. Section Six (6) Of the Constitution.
follows:
Section g. The permanent school and
university fund of this State may be in
IN school fns as1f Of bonds of
| village Of this state. but no such invest
| ment shall be made until approved by
| the board Of commissioners designated by
law to regulate the investment Of the
| permanent school fund and the perma-
| nent university fund Of this State; nor
shall such loan Oh. Investment be made
| part would make the entire bonded in
| debtedness exceed seven per cent Of the
| assessed valuation Of the taxable real
| property of the county, school district,
nor shall such loans or Indebtedness be
made at lower rate of interest than
| three per cent per annum nor for short
er period than five (5) years nor for a
longer period than twenty (2o) years, and
| no change of the town. school district
village, city or county lines shall relieve
district, county, village of city in this
| state at the time Of issuing of such bonds
| from any liability for taxation to pay
such bonds.
same so as to read as follows:
Cection 6: The permanent school and
university fund of this State may be In
district, city, town or village Of this
state, but no such investment shall be
MADE untE approved by the board Of
commissioners IS DESIGNATED by law to reg
| school fund and the permanent university
fund Of this state; nor shall such loan or
| investment be made when the bonds to be
| issued or purchased would make the en-
| tire bonded indebtedness exceed fifteen
| G5) per cent of the assessed valuation
| of the taxable real property of the county,
| school district, city, town or village issu-
| ing such bonds; nor shall such loans or
| Indebtedness be made at lower rate of
| interest than three 60 per cent per an
| (5) years nor for a longer period than
| twenty (20) years, and no change Of the
| town. school district, city, village, or Of
county lines, shall relieve the real property
lage or city in this state at the time of
| the issuing of such bonds from any liza
bility for taxation to pay such bonds.
The effect Of the above amendment,
! " adopted, will be to authorize the
Investment of the permanent school and
university fund of this state for a period
Of not less than five (5) or more than
Twenty sss tSsn 4brs. M an Interest rate
mum, In the bonds Of any county, school
| district, city, town or village of this state,
when the bonds to be Issued or purchased
will not make the entire bonded Indebted
ness of such municipalities exceed fifteen
! G5) per cent of the assessed valuation
! Of the taxable real property contained
| The substantial change proposed by said
amendment Is to authorize such Invest
nents when the entire Indebtedness, In
cladng the lean in1 In question: does not ex
valuation of the taxable real property
In such municipalities; whereas, under
the existing Constitution loans are permit
ted only where such total Indebtedness
does not exceed seven % per cent Of the
assessed valuation.
BY an Act Of the Legislature of the
State of Minnesota Approved April Is.
1901. and known as House File No. 1853, it
Is proposed to Amend Section Sixteen (16)
of Article Nine (9) of the Constitution.
follows: ~
Section 16. For the purpose Of lending
aid in the, construction and improvement
hereby created fund to be known as the