The Sauk Centre herald., 1908-10-15


honor to furnish you herewith a state
nent of the purposes and effects of the
respective amendments proposed to the
Constitution of the State of Minnesota by
the Legislature of 1907, and which are
to be submitted to the electors of said
State at the General Election of 1903.
FIRST PROPOSED AMENDMENT.
The first proposed amendment is con-
tained in Chapter At of the Laws OF
1907 By this amendment it is sought to
repeal Sections one (), two (2), three
fs), four ~ and seventeen 90 of Article
eIne (s) of the Constitution (the latter
section being the amendment to said Ar
ticie nine ts), adopted in 1896, which
sections now read as follows:
this state shall be as nearly equal as may
be- and all property on which taxes are
to be levied shall have a cash valuation
and be eouaIized 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-
hted by such Improvements, or both,
without regard to cash valuation, and IN
such manner as the legislature may pre-
PURPOSE of defraying the expenses OF lay
ing water pipes and supplying any city or
municipality with water, the legislature
may by general or special law, authorize
any such city or municipality, having
population 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 nun cipality within cor
porate limits of said city for supplying
water to the citizens thereof without
regard to the cash value OF SUCH prop
erty and to empower such city to collect
any such tax, assessments or fines. or
penalties for failure to pay the same. or
auy fine or penalty for any violation Of
the rules of such city or municipality In
regard to the use OF water, or for any
water rate due for the same: and pro-
yided further, that there may be by law
levied and collected tax upon all inner
ftances, devises, bequests, 1egac1es and
gifts of every kind and description above
q fixed and specified sum, of any and all
natural persons and corporations. Such
tax above such exempted sum may De
uniform or It may be graded or progress
i've but shall not exceed a maximum tax
Of five per cent.
"section 2. 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 expenses
of the state for any year shall exceed the
income OF the state for such year the
legislature shall provide for levy1ng tax
for the ensuing year sufficient, with other
sources Of income, to pay the oehc, ,ency
Of the preceding year, together with the
estimated expenses of such ensuing year.
But no law levying tax or making other
provisions for the payment OF interest or
principal of bonds denominated Mime
ScS ho a q
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 the electors Of the state rot-
ing upon the same.
s.Section g. 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 its true value in
money; but public burying grounds. pub
lie school houses, public hospitals,
academies, colleges, universities, and all
seminaries Of learning, all churches,
church property used for religious pur-
poses, and houses of worship, institu-
tions of purely public charity, public
property used exclusively for any public
PURPOSE and personal property to an
amount not exceeding in value two hun-
dred dollars for eac ch individual shall, by
general laws, be exempt from taxation.
section q. LAWS Sn2ll De passed lot
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 shall always be subject to tax
atom equal to that imposed on the prop
erty of individuals
Section IL. The legislature may i'm
pose, or provide for the imposition Of up
ON the property within this state of any
and all owners or operators, whether cor
porate or individual or otherw Sc, of any
and all sleeping. parlor and drawing 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 telephone com
panies, or owners, whose lines are in, or
extend in into or through this state, alss
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 domestic insurance COM
parlies Of this state of any kind; also
upon the property within this state of any
and all foreign insurance companies doin9
business in this state OF any kind; also
upon the property within this state q a