The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1902-10-23


question, does not exceed fifteen (15)
Per cent of the assessed valuation.
OF the taxable real property in such
municipalities; whereas, under the
existing Constitution loans are per-
m1tted only where such total in
debtedness does not exceed seven
CD per cent of the assessed valu-
alton.
BY An Act Of the Legislature Of the
state OF Minnesota Approved April 13,
l9Ol, and known as House File No. 1853, it
is proposed to Amend Section Sixteen l6)
OF Article Nine co. of the Constitution.
follows: - :. = :
Section 16. For the purpose Of lending
aio IN the construction and Improvement
OF odr public highways and bridges there is
Estate road and bridge fund" Said fund
snail include. all moneys accruing from
t me income derived from investments in
the internal improvement land fund. or
that may hereafter accrue to said find.
and shall also include all funds accruing
to- any state road and bridge fund. how H,115
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
The legislature is also authorized to
provide for the appointment by the gov
ernor of the state of board to be known
as the Estate highway commission" con
perform such duties as shall be pre-
scribed by law, without salary or com
Such commission shall have general su-
perintendence of the construction of state
f fnd and pr bridges and shall use such
n
counties in the state upon an equitable
basis: Provided, further, that no
tan fhree "a reeee IN any, more
fund thus provided ana expended during 11,:
tha oneRhd us IF Sick 1na 4u ND
accruing in any, year shall be expended
1or bridges, and in no case shall more
stuctng or an d5e roaa or Of bre
be paid by the state from such fund.
It is proposed by said Act to amend tho
same so as to read as follows:
Section 16. For the purpose of lending
Of public hi hways and bridges, there is
hereby created a fund to be known as the
state Road and Bridge Fund Said
from the interest derived from the in
vestments in the internal improvem ent
land fund, or that may hereafter accrue
funds accruing to any state road and
bridge fund however provided
The legislature is authorized to add to
ing or improving roads and bridges of the
IN annual tax levy upon It the 7 property of Of
year one-tenth Q-1O) of one mill on all
the taxable property within the state.
The existing Constitution author
ICES legislation providing for a levy
of a state tax of 1-2O of one mill for
H.
bridges, and provides for it's use
under the direction of a 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.
BY the proposed change, n tax of
Ito of one mill is authorized to be
levied for this purpose; the High
way Commission is abolished, and
the result, If the proposed amend
ment is adopted, will be to place
the distribution of such funds in the
hands of the Legislature, without
limitation or restriction.
w.
BY an act of the legislature of the State
OF Minnesota, known as chapter one Q)
of the Laws Of the Extra Session of 1902,
It is proposed to amend sections one %,
two (2) and three 90 of article nine (9)
of the constitution
The sections as now existing read as
lows:
Section l. All taxes to be raised in
this state shall be as nearly equal as NAV
be-, and all property on which taxes are
to be levied shall have a cash valuation,
and be equalized and uniform throughout
the state; 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 cash valuation, and
In such us;o manner ann as the legislature may
the. purpose of defraying the expenses of
laying water pipes and supplying any
city or municipality with water, the leg
authorize any such city or municipality,
having population of five thousand or
more, to levy an annual tax or assess
ment upon the lineal foot of all lands
pipes laid by such city municipality
within corporate limits of said city, for
without regard to the cash value of such
property, and to empower such city to
collect any such tax assessments, or fines
ne or opr penaty for 70 any Hoaton
of the rules Of such city or municipality
in regard to the use of water, or for any
water rate que IOr 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 a fixed and specified sum, Of
any and all natural persons and corpora
lions. 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. 2. The legislature shall provide
for 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
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. 3. 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
| erty, according to it's true value in
| money; but public burying grounds, pub
lie .schoolhouses, public hospitals, acad-
| emies. colleges. universities and all semi
naries Of learning, all churches, church
property used for religious purposes, and
houses of worship, institutions Of purely
public charity, public property used ex-
1 A~.