Morris tribune., 1906-11-03

effect OF these amen dments 9ydaA IN
are to be voted on by the people AT
the coming election.
FIRST PROPOSED AMENDMENT.
The first proposed amendment is
contained i'm Chapter 1853 OF the
Laws of 1905. BY this amendment it
is sought to repeal Sections one a.,
two (s>. three (3>. four a. and sew
enteen I'D of Article mine 90 of
the Constitution (tfAe latter section
being tie amendment to said Article
nine 30 adopted in 1880 which
sections now read as follows:
"Section 1. All taxes to be raised in
may be, and all property on which taxes
are to be levied shall have a cash valua
ton and be eQualized and uniform
throughout the state: Provided, that the
legislature may, by general law or spe-
cial act. authorize municipal corpora
tons to levy assessments for local i'm
proVementS upon the property fronting
upon such Improvements, upon the
property to be benefited by such i'm
prOVements. or both. without regard to
cash valuation, and in such manner as
the legislature may prescribe: and pro.
Nided iurIher, that for the purpose of
defraying the expenses OF laying water
pipes and supplying any city or munic-
ipality with water. the legislature may,
ny SSuGIdl OI SpeCIdI law, dAlliOL iAc 1lly
such city or municipality, having a pop
ulation OF five thousand or more, to levy
an annual tax or assessment upon the
iineal foot of all lands fronting on any
water main or water pipe laid by such
city or municipality within corporate
limits of said city for supplying water
to the citizens thereof without regard
to the cash value of such property, and
such tax, assessments or fines, or penal
ties for failure to pay the same, or any
fine or penalty for any violation OF the
rules of such city or municipality in re-
gard to the use of water, for any wa
ter rate due for the same: and provided
further, that there may be by law levied
and collected tax upon all inheritances,
devises, requests, legacies and gifts of
every kind and description above
fixed and specified sum Of any and all
natural persons and corporations. Such
tax above such exempted sum may be
uniform, or it may be graded or progress
siye, bat shall not exceed a maximum
tx of five per cent.
Section ,. The legislature shall pro-
vide for an annual tax sufficient to de-
fray the estimated ordinary expenses of
the state for each year, and whenever it
shall happen that such ordinary ex-
year years shall exceed e the e"' income o' of the
:.-,Ce for such year, the legislature shall
provide for levying tax for the ensu-
ing year sufficient, with other sources of
income, to pay the deficiency of the pre-
ceding year, together with the estimated
expenses of such ensuing year. But no
law leVying tax or making other pro-
principal of bonds denoninated Mime
sofa State Railroad Bonds shall take
effect or be in force until such law shall
have been submitted to vote of the
people of the state, and adopted by
majority Of the electors of the state vot-
ing upon the same.
Section 3 Laws shall be passed tax
ing all moneys credits, investments in
EnT0 do or str at 20 nov 5Gc ny
otherwise, also ali real and personal
property, according to it's true value in
money; but public burying grounds, pub
lie school houses, public hospitals acad-
inaries of learning, all churches, church
property used for religious purposes, and
houses of worship, institutions of purely
public charity, public property used eX-
cJasively for any public purpose, and
personal property to an amount not ex-
ceeding in value two hundred dollars for
e.&ch individual. shall by general laws,
be exempt from taxation:
Section 4. Laws shall be passed for
taxing the notes and bills discounted or
purchased, moneys loaned, and all other
scrption, Of all banks and of all bank
ers. so that all property employed in
banking shall always be subject to
taxation equal to that imposed on the
property of individuals.
Section II. The legislature may i'm
pose, or provide for the imposition Of,
upon the property within this state of
any and all owners or operators, whether
corporate or individual, or otherwise, of
any and all sleeping. parlor and draw
ing room cars, or any or either Of the
same, which run in, into or through this
state; also upon the property within this
state of any and all telegraph and tele-
phone companies, or owners, whose lines
are in, extend in. into or through
this state; also upon the property within
this state of all express companies or
owners, or any or either Of the same,
doing business in this state; also upon
the property within this state of all do
nestle insurance companies Of this state
of any kind; also upon the property with
in this state Of any and all foreign in
surance companies doing business in
this state Of any kind: also upon the
property within this state of all owners
or operators of any ard all mines or of
mineral ores situated in this state; also
upon the property within this state of all
boom companies or owners, and Of all
ship builders or owners doing business
in this state, or having a port therein
provided, that this act shall not apply to
property owned by railroad companies,
their lands and other property; and
upon the property of either or any OF
such companies or oWners,-a tax as uni
form as reasonably may be with the
taxes imposed upon similar property in
said state or upon the earnings thereof
within this state. but may be graded or
progressive, or both, and in providing
for SUCH tax. or in providing for ascer-
tanning the just anu true value Oh SuCn
property it shall be competent for the
legislature, in either or all of such cases,
to impose such tax, upon any or all
thereof within this state, and
in either case by taking as the basis of
such imposition the proportionate bust
ness, earnings, mileage or quantity of
production or property now or hereafter
existing of any such companies persons
or owners, transacted or existing in this
state In relation to the entire business
mileage quantity of production or
of such companies, persons or
owners as aforesaid; or in such other
or by such other method, as the |
legislature may determine; but the pro-
ceeds of such taxes upon mining prop
erty shall be distributed between the |
state and the various political subdivi- |
sions thereof wherein the same is sit |
uated in the same proportion as the |
proceeds Of taxes upon real property are
Provided further, that moth
Ing in this act contained shall operate |
to authorize the assessment or taxation |
Of any farm land or ordinary business |
blocks or property owned by any such |
person, firm or company ex- |
sept in the manner provided by the or. |
binary methods of taxation
And to substitute t,.erefor the fol-
lowing;