The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1906-10-25
PROPOSED
Amendments
TO The
constitution
OF Minnesota
Hon. Peter E. Hanson,
Secretary of State.

Sir:
AS required by Section % of the
Revised Laws. have the honor to
advise you as to the purpose and
erect 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 16S of the
Laws of 1905. BY this amendment it
two (2). three (3), four ca and sew
enteen CD of Article nine 90 Of
the Constitution (the latter section
belnS the amendment to said Article
nine 90 adopted in 1896 which,
sections now read follows:
"Section L. All taxes to be raised in
this state shall be as nearly equal as
may be. and all property on which taxes
are are to be LEVIED shall have a cash valua-
throughout the state: Provided, that the
legislature may, by general law or spe-
clal 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
proponents, 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
de1raylng the expenses of laying water
iipality with water. the legislature may,
oy general or special law, authorize any
such city or municipality, having pop
ulatlon 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
3 city or municipality within corporate
to the citizens thereof without regard
to the cash value of such property, and
to empower such city to collect any
ties for failure to pay the same, or any
tine or penalty for 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,
devlses' bequests legacies and gifts Of
every kind and description above a
fixed and specified sum, of any and all
natural persons and corporations. Such
tax e above such exempted sum may be
uniform, or it MY be graded or progress
sive, but shall not exceed maximum
tax of five per cent.
Section ?. The legislature shall pro-
vide for an annual tax sufficient to de-
fray the estimated ordinary expenses Of
shall happen that such ordinary ex-
y t r f shall exceed the income of The
olctle IO1 SUCH year., lIle legislature SldlA
provide for levying tax for the ensu-
ing year sufficient, with other sources of
income, to pay the deficiency rs the pre-
ceding year, together with the estimated
law levying a tax o. making other pro-
visions for the payment of interest or
principal of bonds denominated Mime
sofa State Railroad Bonds shall take
effect or be in force until such law shall
have been submitted to a vote of the
people of the state, and adopted by a
majority of tho 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
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
clusively for any public purpose, and
personal property to an amount not ex-
ceeding in value two hundred dollars for
each individual. shall by general laws,
Section T. 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, that all property employed in
BANKING BANKING sh. Il always be subject to a
tdAdllOIl Slludl W lutLL imposed on the
property of individuals.
Section II. The legislature may i'm
pose, or provide for the imposition Of,
upon the p1operty within this state, of
corporate o! 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 of any and all telegraph and tele-
phone companies Or owners, whose lines
are in, or extend in. into or through
this state of ali express companies, or
owners, or any or either of the same,
doing business in this state; also upon
of any kind; also upon the property with
in this state of any and all foreign in
surance companies doing business in
property within this state of all owners
or operators OF any and all mines or of
mineral ores situated in this state; also
boom companies or owners, and of al
ship builders or owners doing business
in this state. or having a port therein
property owned by railroad companies
their lands and other property; and
upon the property of either or any Of
form as reasonably may be with the
taxes imposed upon similar property in
said state, Or upon the earnings thereof
W1tnln this STATE. out llly De graded OF
progressive, or both, and in providing
for such tax, or in providing for ascer-
tanning the just and true value of such
property, it shall be competent for the
legislature, in either or all of such cases
to impose such tax, upon any or ali
property thereof within this state, and
in either case by taking as the basis OF
such imposition IT, 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 or quantity of production or
property of such companies, persons OF
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 prom
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 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
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.