The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1906-10-26

Revised LAVISH have the honor to
advise you as to the purpose ami
effect of these amendments which
are to be voted on by. the people at
the coming election.
FIRST PROPOSED AMENDMENT.
The first proposed amendment Is
contained in Chapter 1GS of the
Laws of 1905. BY this amendment it
is sought to repeal Sections one 90.
two CD, three Oh, four IN and sew
entecn I'D of Article nine 90 OF
the Constitution (the latter section
being the amendment To said Article
nine 10 adopted in 1896 which
sections now read as follows:
Section I. All taxes to be raised in
this state shall be as nearly equal as
may be. and all property on which taxes
are to be levied shall have Il cash valua
ton and be eaualized and uniform
throughout the state:k 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, or 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-
vided further. that for the purpose of
deiraying the expenses of laying water
pipes and supplying any city or munic-
ipality with water, the legislature may,
by general or special law, authorize any
such city or municipality, having pop
ulation of five thousand or more, to levy
an annual tax or assessment upon the
lineal 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
to empower such city to collect any
such tax, assessments or fines or penal
ties for failure to pay the same, any
fine or penalty Tor any violation of the
rules OF such city or municipality in re-
gard to the use of water, or 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 Il maximum
tax of five per ce..t
Section .. The legislature shall pro-
vide for 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 shall exceed the income of the
state for such year, the legislature shall
provide for leYying a tax Tor the cnSu-
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 1evying tax or making other pro-
visions for the payment of interest or
principal of bonds denomnated Mime
sofa State Railroad Bonds shall take
effect 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
bonds. stocks, joint stock companies, or
otherwise, also all real and personal
property. according to it's true value in
money; but public burying grounds, pub
lie school houses, public hospitals, acad-
emieS, colleges universities, and all SEM
inaries of learning, all churches, church
property used for religious purposes, and
houses of worship. institutions of purely
public charity, public property used ex--
personal property to an amount not eX
ceedng in value two hundred dollars for
each individual. shlll 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
property, effects, or dues of every de-
scription, Of all banks and of all bank
ers. so that all property employed in
banking 81 Ill always be subject to a
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 ali owners or opera tors 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. or 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 TINS 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 uoing business in
this state of any kind: also upon the
property within this estate of all owners
or operators of any and all mines or of
mineral ores situatea IN tiiis STATE; us3 $50
boom companies or owners. and of all
slip 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 oNners,-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-
| taining the just and true value of such
v. /
LEGISLATURES in either or all of such cases,
| TO impose such tax. upon any or all
property 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 OF property now or hereafter
/ existing of any such companies. persons
| or owners. transacted or existing in this
| state in relation 10 the entire business.
mileage or quantity of production or
property of such companies, persons or
| owners as aforesaid; or in such other
| manner 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
distributed: Provided further. that moth
ing i'm 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
corporation, person, firm or company ex-
cept in the manner provided by the Or
binary methods of taxation.
And to substitute therefor the fol-
lowing,
Section /. The power of taxa ton SHAH
never be surrendered. suspended Or con
trActed away. Taxes shall be uniform
upon the same class Of subjects, anu
shall be levied and collected for pubic
purposes, but public burying grounds
,s,f11i "a