The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1902-11-01

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
THE CONSTITUTION OF THE. STATE
OF MINNESOTA PROPOSED BY THE
LEGISLAT IRE OF THE SAID STATE
AT THE GENERAL SESSION IN 1901
AND THE EXTRA SESSION IN 1902.
AS WE'LL AS A SYONPSIS 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
a2a, of Article ~ of the State Consttu
ton, the Legislature by Act approved
April 6, 1901, known as Chapter $50 OF the
General Laws OF 1901, present to the cleo
tors OF the State for rejection or approval.
the following, to wit:
Section 1: That every railway company
owning or operating any line of railway
situated within, or partly Within, this
state snail, during the year. 1908, and an
nually thereafter, pay into the treasury
of this state. as taxes upon all property
within this state owned or operated for
railway purposes by such company, IN
Guiding equipment. appurtenances, APP
OF money equal to four a. per cent of the
gross earnings ueriv.d from the operation
OF such line OF railway within this state;
ana the payment OF such taxes shall be In
full and in lieu IT all other taxes upon the
property and franchises so taxed. The
lands acquired by public grant shall be
sold or contracted to be sold or conveyed
as provided in the respective acts whereby
sreh grams we're made or recognized:
Sec. z. Iho term the gross earnings
10 nf limo
of railway within this state,'' as used in
section one G) of this act, is hereby de-
clared and shall! be construed to mean all
earnings on business beginning and end
Ing within the state, and a proportion Of
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
company.
Sec. 8. All acts and parts of acts not
inconsistent herewith regulating the pay
amount of taxes upon the gross earnings
of railroad companies within this state, or
providing penalties for the non-payment
of such taxes, are hereby made applica-
BILE to this act SO far may be; and all
acts and parts of acts inconsistent with
the provisions of this act are hereby re-
pealed.
Sec. 4. Upon failure to pay the amount
of such taxes legally due upon the dates
heretofore provided by law for the pay
edies, collection may be enforced in
civil acton brought in the name of the
State of Minnesota in the district court
of any county.
Sec. s. This act snail be- submitted to
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 ratifcation)
This provides for an incroaSn.
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 Il sum of money equal to
four per cent upon the gross earn
inRs derived from the operation of
sucl, lines of railway therein.
Under the terms of the Constitu-
ton above referred 10, this Act of
the Legislature must be submitted
to legal voters of the State, and will
become operative if adopted by a
majority OF such electors voting at
the next general election.
By an Act of the Legislature of the
%. 1901, and known as House File No.
100, it is proposed to amend Article
Eight (S), Section Six (6) of the Consti-
tuition.
This Section as now existing reads as
follows:
Section 6. The permanent school and
university fund of this State may be in
county, school district, city, town or
village of this state, but no such inv est
| the board OF commissioners designated BY
law to regulate the investment of the
permanent school fund and the perma-
nent university urH fund of this State; nor
! when the issue of which the same in
part would make the entire bonded in
debtedness exceed seven per, cent Of the
property OF the county, school district,
city, town or village issuing such bonds;
nor, shall such loans or Indebtedness be
three PEI. cent per annum nor for a short
er period than five % 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
the real property in such town, school
district. co. county n.y. village or city in this
from any, liability for taxation to pay
It is proposed by said act to amend the
same so as to read as follows: y -
Section 6. The permanent school and
university fund of this State may be in
vested in the bonds of any. county, school
NtoI11eL, C4Iy, IO"l1 VI 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;t nor# shall
such loan or investment be made when
the bonds to be issued or purchased
would make the entire bonded Indebted
ness exceed fifteen Q5) per cent Of the
assessed valuation of the taxable real
property of the county, school district.
city, town or village issuing such bonds:
nor shall such loans or Indebtedness be
made at a lower rate of interest than
three % per cent per annum, nor for d
shorter period than five % years, nor
for longer period than twenty (2OJ
years, and no change of the town, school
district, city, village, or of county lines,
shall relieve the real property in such
town, school district, county, village Ior
city in this state at the time Of the 2issu-
ing OF such bonds from any liability for
taxation to pay such bonds. Est llTf s. E
The effect of the above am endm MT.
if adopted, will be to authorize the
investment of the permanent school
and university fund of this state for
a period of not less than i've l5) or
more than twenty (2Ol years, at an
interest rate not less than three (3)
per cent per annum, In the bonds 81
any county, soho DOL district, city.
town, Ors5village Of this state, WIN en-
the bonds to be issued or pur chased