The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1908-07-18

Sec. s. The legislature may provid,
~ law for the assessment at its true
oIs s . :. A ~ ss as board q .l.
sss &. tSs :,
.:s .~;'s r. .:.s :. 60.
tr.asporti.s .preperty ~ e.pre.s, opsr
rntti.. zs..s.es ~ seiessos Ss. Or tsis.
sssr s.ss. fast frsisSs ii.e: or other
line, ::S :ss. 2: e..
s ss::s and Tor the lsvy and collection
These These sections materially strengthen
the power of the legislature to impose
specific taxes as conferred by Sec; 10
The adoption OF these sections WAS tn
convention to render such authorit,
present constitution not being sum
GENTLY clear on this subject. Author
ity Is also conferred to provide for
e eSs sssss%'fs aei III
ated In this section, at their true cash
value Thereby S. tin and eIea az So9
porations by both specific and ad va
SEE: 3: Every law which .b imposes c;s.
tinctiy state the tax. and the object.
to which II is to be applied: and II
shall not BE- AN sscs 90 or Object
No change from Sec. IA. Art. XIV
Of the present constitution
th ssf shall A Be ON properly al Il,
No change from Sec. IL. Art. XIV
OF the present constitution.
Sec. g. In the year nineteen hundred
eleven, every fifth year thereafter. and
at such other times as the Legislature
VIDE vide By law for an equalization Of as.
sessments by state board, on all tax
able property. except that taxed under
and AVE Of this article,
No change from. Sec. Is. Art XIV OF
the present constitution. except as e
the year named and the references &c
sections, and to insert the words "by
Sec . The power of taxation shall
any grant or contract to which the
state or any municipal corporation
shall be a party party section and ,orev.,
prohibits the surrender or suspension
OF the taxing power OF the state OF
any mqniciP Fall . therein NAV contrao,
debts to meet deficits In revenue. bsi
such debts shall not In the aggregat,
sso".spd doIIsrs. The state may also
contract d. Its 20 repel invasion. sup
press Instruction. defend the state o.
T 1S the money eS Sc raised shall be applied
to the purposes for which 1t Is raised
or to the payment of the debts con.
This section combines Secs. 8 and 4
Art XIV. of the present constitution
and changes materially the phraseol;
indie btedness which the state may con.
tract at any one time Is hxed In the
revision at two hundred nfty thou:
dollars under the present constitution
This change Is considered necessary ir
order to meet the mSdeEn rsSurement,
debts to aid the United States in time
of war Is added In recognition Of q
See il. No scrip. certificate or other
evidence OF state Indebtedness shall be
Issued, except for such
debts as are expressly authorized in
This section omits the words Tex
cept for the redemption of stock pre-.
yisou.ly issued -appsaring in See II
Sec. 10. The credit of the state shall
not be granted to, nor In aid Of any
person. association or corporation. pub
Ne ~rsvate.
No change from Sec. 8. Art: XIV OF
dillon Of the words public or private"
scribe to. nor be Interested in the stock
OF any company. association or cor
No change from Sec. .. Art. XIV. sx-
Sec. II. The state shall not be q
party to ror Interested In any work
Of internal Improvement, nor engage In
the Improvement OF. or aiding In the
Improvement of the public wagon
roads. In the reforestation and protec-
in the expenditure Of grants to the
state OF land or other property.
This SECTION corresponds with sec.
The proviso therein authorizing the city
OF Grand Rapids to issue Its bonds
for the Improvement Of the Grand River
Is eliminated. rs such provision Is un-
The authority granted the state to
engage In reforestation removes
limitation In the present constitution
state lands, not desirable for asricui-
tural purposes. may be utilized by the
state Cor reforestation. The power
lieved will materially promote the
Sec. is No state money shall be de-
banking laws. No state money shall
be deposited In any bank in excess Of
ATTY per cent Of the capital !, and s.. sur
ing deposits Of state money shall show
the amount of state money 30 deposited
as a separate item In all published
This is new section designed to
render the moneys belonging to the
state absolutely secure. The provision
requiring any bank having deposits OF
state money to show the amount there
OF, a. n separate ltemA. In all published
statements OF such bank secures Q
wholesome publicity. Under this. pro-
vision all interested off1oials and the
people themselves will know in what
amounts the moneys Of the state are
deposited in the several repositories.
Sec. 16. No money shall be paid out
OF the state treasury except In pur
suance OF appropriations made by. law.
No change from Sec. 5, Art. XIV OF
the present constitution. except the In
'e sss e sns .S sSrass st.s.m.n. Of
the receipts and expenditures OF the
public money! shail Sc attached to and
published with the laws PASSED. ut ever,
regular session of the Legislature:
No change from Sec. 8, Art. XVIII
except In phraseoiogy ~.
sec. IS. The lsgislAture shall pro-
s1ds ~ nM . dor ooi.I sp' boards and
institutions. and by All county omcfAis'
and shall also provide for the super
vision and audit thereof by competent
state authority and for uniform reports
OF all public accounts to such authority
Such systems Of account shall provide
for accurate records Of all financial and
other trsns.cti0rs and for CHECKS gpoin1
such oficials, boards and institutions
and shall be uniform for all similar
boards. Institutions and county ON
cials, All public accounts and the
audit thereof shall be public records
ana open 10 inspection: