The Irish standard., 1908-10-17
FIRST PROPOSED AMENDMENT.


The first proposed amendment is con.
tained In Chapter 477 OF the Laws o.
1907. BY this amendment It 10 sought to
repeal Sections 1one *(1). two (2), three
(3), four (4) and seventeen (17) Of Article
nine 10y Of the Constitution <the latter
section being the amendment to said Ar.
tIcle nine (e), adopted In 1es6), which
sections now read as follows: =
"section 1. All taxes to he raised In
this state shall be as nearly equal as may
be, and all property on which taxes are
to be levied shall have cash valuation
and be eoualized and uniform throughout
the state: Provided; that the legislature
may. by general law or special act, au-
thorize municipal corporations to levy
assessments Tor local ifhrfoy ements upon
the property frontingsupon -such improve
ments, or upon the property to be bene-
flied by such improvements. or both.
without regard to cash valuation.. and in
such manner as the Legislature may pre-
scribe. and provided further. that for tho
purpose of defra ying the expenses Of lay
ing water pipes and supplying any city or
municipality with water, the legislature
may, by general or special law, authorize
population of Ave thousand or more. TO
levy an annual taxrmf5.a assessment upon
the lineal foot of all lands. fronting on
any water main or water ripe laid by
such city or municipality 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 oity to collect
any such tax. assessments or fines. or
penalties for failure to pay tho same. or
any fine or penalty for any violation OF
the rules of such city or municipality in
regard to the usc Of water. or for any
water rate due for the same: and pro-
,,;ded P,,rthar that thero NAV I,e nv Ia VI,
levied and collected n tax upon all inner
itances. devises. beqnests. legacies and
gifts OF every kind and description above
a 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
i've. but shall not exceed a maximum tax
Of five per cent.
"Section g. The legislature shall pro-
vide for an annual tax suff1cient to de-
fray the estimated ordinary expenses Of
the state for each year. and whenever 1t
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 levying a. tax
for the ensuing year sufficient, with other
sources of income. to pay the deficiency
Of the preceding year. together with the
estimated expenses of such ensuing year.
But no law levying a tax or making other
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 tho
people of the state, and adopted by q
majority Of the electors Of the state vot-
|! ing upon the same.
"Section 2. 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 buryins 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 81 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 each individual. shall. by
general laws. be exempt from taxation.
Section l. Laws shall be passed fol-
taxing the notes and bills discounted OF
purchased, moneys loaned. and all other
property, effects, or dues Of every de-
scription, Of all banks and of all hank.
ers, 80 that all property employed in
banking shall always be subject. to q tax
alton equal to that imposed on the prop
erty Of individuals
"section II. 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 otherwise. of any
and all sleeping. parlor. and drawing room
| cars or any or either. OF the same. whict
run in, into or through this state: also
upon the property within this state o.
any and all telegraph and telephone com
panies, or owners, whose lines are In. OF
extend in, into or through this state: alst
upon the property within this state o.
all express companies. or owners. or an,
or either of the same, doing business ir
this state; also upon the property withir
this state of all domestic insurance com
panies of this state of any kind; alst
upon the property within this state OF an,
and all foreign insurance companies doinl
business in this state of any kind: alst
upon the property within this state Of q