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


,eIduaIixsd and uniforn tn o,,si,oue SseAs
county The le4isIAture may 81 gsnerap
or special law sauth ortxe municipal eor-
psfations e levy Asseaslnent for local
1pes sRoa sas apon
81 benefited thereby, OF. both, Without re-.
gard 30 q cash valuation, ins such manner
rs my ns.s
tax upon franehises grarted 81 public
authority. IN addition to the tax "a the
real, property and. other rersonal PROPERTY
as e% e ts4 81 : se
franchise alone. or IN lieu Of tai Oh
such franchise and the personal property
used In connection with the exercise o.
upon the xross earnings Of the person
or corporation holding such franchise 40
the legislature may determines. and said
tax shall be apportioned between the
such franchise IL exercised. in the same
manner q real estate taxes are eppor-
TONED. There may be levied and coll
lected, 7 transfer tax not to exceed 8
above q fixed and specified sum, which
sressive: There may BE- levied and col
fected a registry. tax upon all real es.
all other taxes on the debt secured BY
such mortgages; and q tax upon the in
come from all credits owned by persons
Be s :9ea S sw
also on the income arising from all per-,
sonal property, and also upon the income
Of all persons or CORPORATIONS above the
from from such credi Rsr or from SUCH personal
taxed IN this state. p saeh income tax
shall be uniform throughout the state.
s Soth, ana snail s be levied at rste not
to exceed 10 per centum upon the income
from such credits. and upon the income
from personal property. and at = rate
other income. Laws shall be passed tax
ing all real and personal property: pro-
Yided that credits and personal property
ihall not be subject to other taxation
authorized. while the law imposing such
income or registry tax shall be In force;
provided. public burying grounds. pub
Ne ar, ,chSS RS6e RSss
ind all seminaries Of learning, all church
% and church property used exclusively
tor religious purposes, and institutions
ase IT, f pS6s
and personal property to an amount not
exceeding $500 to each individual shall be
exempt from taxation. but such personal
han one member Of the same FAMILY.
Provided further. that nothing In this act
contained shall be construed to affect.
modify or repeal any law providing foc
the taxaticn Of the gross earnings OK
The effect Of the above amendment,
II adopted, will be to amend the exc
1sting Constitution, a. follows
1st. To prohibit the legtslature
from surrenderinE or contracting
away the power Of taxation.
Fad: To provide that Whenever
the Income Of the state derived
cher than from direct taxation up
on real and personal property shGll
b sufficient to defray all the ex-
penses Of the &tate, and the direct
tax levied for such purpose In omit-
ted, taxes for local purposes shall
be levied uDon the taxable property
OF the county, which shall be equal
AID uniform throughout the county
a disttnguished from being equal
and uniform throughout the State.
PSrations to levy assessnents for
leeal improvements under and pur-
saant to special, ~ distinguished
FROM general, laws.
9TH. The Legislature IL authorized
t. provide for the levy and collee-
ton Of an annual tax upen fran.
eAises granted BY public author
lily, in addition to the tax on real
ead personal property Of the person
o. corporation holding the same.
5th. The Legislature IL authorised
t. provide . tax upon the grsss
earnings Of any person or corpora
ton holding such . franchise, CON-
dltioned that such ErosS eaFn1ngs:
tax may. be in lieu Of q tax upon the
fFaHchise or upon the franchise AID
personal property as well. .
9Th. Authority 10 conferred upon
the Legislature to provide for the
levy and collection Of . registry
tax upor all real estate mortgages
which shall be i'm lieu Of all other
tax ON he debt secured by such
7th. The Legislature IL authorised
to provide for . tax upon incomes
In excess Of 91 900 per annum, not
arising from credits or personal
property or from property other
wise taxed I'm this State, and also
. tax upon the income derived from
credits 10 Well a. from personal
Such tax shall be Uniform
throughout the State and may be
shall be levied at . rate not to exc
eeed ten percentum upon incomes
derived from credits and personal
property, and 1t q rate not exceed
lng four per cent per annum upon
such other Income. In case OF the
Imposition Of the registry tax above
referred to, or of an Income tax
arising from credits or personal
property, all credits and personal
property owned BY the party
against whom su ch registry OF In
come tax IL imposed 10 exempted
from all taxation while the law ina
posing such income or registry tax
IL in force.
In ether words, where IN Income
tax upon salaries Or earnings Of i'm
aividuals IL provided for, all per-
sonal property and credits must still
be subjected to, taxation, while in
case Of the Imposition of an income
tax arising from credits and per.
sonal property or Of a registry tax
such credits and personal property
are exempted from taxat1on.
Sth. The Legislature IL authorized
to exempt personal property OF each
individual to the extent Of $500,
provided the sane shall not apply
or be allowed to more than enc
member of the same family.
9th. Other provisions Of the ex.
listing constitution involving the
subject Of taxation are preserved
and continued In force.
w. ID. DOUGLAS.
Attorney General.