The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1902-10-25

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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.
\: Attorney General.
sYNoPsEs OF AMENDMENTS - TO
THE CONSTITUTION OF THE STATE
OF MINNESOTA PROPOSED By THE
LEGISLATURE OF THE SAID STATE
AT THE GENERAL SESSION IN 1901
AND THE EXTRA SESSION IN 1909,
3 AS WELL Ell AS A sYoNPs1s OF CHAP,
TER $50 OF THE GENERAL LAWS
OF 1901. PROPOSING AN INCREASE
OF THE GROSS EARNINGS TAX
UPON RAILROAD PROPERTIES.
Pursuant to the provisions Of Section
S2a. Of Article Nv Of the State constitu-
ton. the Legislature by Act approved
April 9. 1901. known AZ Chapter 1s0 OK the
General Laws Of 1901. present to the cleo
tors OF the State for rejection or approval.
the following, to wit:
SECTION l. That every railway company
situated within. or partly within. this
state shall. during the year 1905, and an
nually thereafter: pay into tho treasury
" 1890 cs0SSs ~ S0AeS upon 8u property
within this state owned or operated for
railway purposes by such company. in
ciuoln9 equipment, appurtenances, ape
pendases and francaisas thereof, I sum
gross earnings derived from the operation
OF such line OF railway within this state:
ana the payment of such taxes shall be in
11ii ana In lieu 1T az other taxes upon the
property and franchises so taxed. The
lands acquired by public grant shah be
and remain exemrs from taxation until
sold or contracted to be sold or conveyed
a. provided IN the 1esgsctvs acts Mnsreoy
Sec. 2. TINS term the gross earnings
derived from the operation Of such line
OF railway within this state" as used in
clared and shall be construed to mean all
earnings on business beginning and end
Ing within the state. and proportion Of
earnings on all interstate business passing
mileage operated within the state bears
to the entire mileage operated by such
company np All ant. ..a ,.u+. =. ...
inconsistent herewith regulating the pay ny.
ment, collection, time Of payment, en-
forcement, or reports involving the
amount of taxes upon the gross earnings
providing penalties for the non-payment
OF such taxes, are hereby made applica-
BILE to this act so far az may be; and ali
acts and parts Of acts inconsistent with
pealed.
Sec. 4. Upon failure to pay the amount
Of such taxes legally due upon the dates
ent thereof, in ADDITION to e1i xii ne r pan
edies. collection may be enforced in q
civil action brought in the name Of tho
State Of Minnesota in the district court
Sec. s. This act SHAH be submitted to
the people OF this state for their approval
or rejection at the next general election
for the year 1902.
Crhe omitted provision refers to the
method of printing the ballot and submit
ting the act for ratihcation)
This act provides Tor m increase
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 q sum of money equal to
four per cent upon the gross earn.
ings derived from the operation Of
such lines Of railway therein.
ton above referred TO, this Act Of
the Legislature must be submitted
to legal voters Of the State. and VIII
become operative II adopted by q
majority OF such electors voting 1t
the next general election.
II.
BY an Act Of the Legislature Of tho
State of Minnesota, approved February
70. 1901. and known AZ House File No.
100. 1t is proposed to amend Article
Eight (s). Section Six (0 Of the Consti-
tuition.
This Section ~ now existing read, a,
follows:
Section 8. The permanent school and
university fund of this State may be in
vested In the purchase Of bonds Of any
county, school district, city. town or
ment shah be made until approved by
the board OF commissioners designated BY
law to regulate the investment Of the
permanent school fund and the perma-
shall such loan or investment be made
when tho issue Of which the same IN
part would make the entire bonded in
assessed valuation Of the tsxable 81 r tai
city town or village Issuing such bonds:
nor nor, shall such loans or indebtedness b
three per cent per annum nor for a short
longer period than twenty Coz years. and
village. city or county lines shall reiiev:;
the real property In such town. schooi
district district + county: Village or city in this
such bonds. w 10y
It 10 proposed by said act to amend tho
same sns., 80 as to read as follows:
university fund of, this State may be In
vested in the bonds Of any county, school
district, city. town or Village OF this
state. but no such investment shall be
made until approved by the board of
commissioners designated BY law to reg.
ulate the investment OF the permanent
school fund and the permanent univer-
sity fund Of this state: nor shall
such loan or Investment be made when
the bonds to be issued or purchased
would make the entire bonded indebted-
assessed valuation Of the taxable real
nor shall such loans or indebtedness IS
made at lower rate Of interest than
three, % per cent per annum, nor for =
shorter period than hve ~ years. nor
for q longer period than twenty iS0l
years. and no change Of the town, school
district, city. village, or Of county lines.
shall relieve the real property in al,ch
town, school district. county, village or
city In this state 1t the time OF the ios,,-
ting of such bonds from any liability fo1
taxation to pay such bonds. -, - - :,
The eject Of the above aMendmeat.
II adopted, viii be to authorize the
Investment Of the permanent school
and university fund 81 this state Tor
Q period Of net less than ave (6> 81
mere than twenty (20) years, 1T an
Interest rate not less than three (8l
Per cent Per aanun, In the bends 81