The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1908-06-20

1
| dsfsrnins - the average rate levied
upon other property upon which Ap
! yAIIORBN taxes are assessed ror
4 s<nte. county. stoSnshsp. school and
/ n,4nic1pal pQrposes. r, a..
- 5000 . sssf ss' ..esps 1F . The
word. IA oapi<als 3lt. |tW
ssa. 4 The Legislature may by law
/ impoos specific taxes. which shall be
uniform UPON <hs Glasses upon ~n@on
j Sec s. The leg.xlature may provide
4 by law for the asssssment at its true
| cn<h value by a state board 81 aseee-
sors. or WHICH THE GOVERNOR
SHALL BE Ex-OFFfcIo a MEM
BIER. OF the property OF corporations
AND THE PROPERTY. BY WHOM
soEvER OWNED, OPERATED OR
BUSINESS OF TRANSPORTING
PASSENGERS AND FREIGHT.
TRANSPORTING PROPERTY By
EMPRESS. OPERATING ANY UN-
i ION STATION OR DEPOT. TRANS
| MTTTI$d MESSAGES BY TELE-
PHONE OR TELEGRAPH, LOAN
ING CARS. OPERATING REFRiG-
orator CARS, FAST FREIGHT
LINES on OTHER CAR LINES AND
RUNNING OR OPERATING CARS
I'm ANY MANNER UPON RAIL
ROADS. OR ENGAGED IN ANY
( OTHER PUBLIC SERVICE BuSI-
NESS. and for the levy and collection
4 OF taxes thereon.
Those sections materially strengthen tho
/ power az the Legislature - impooe specific
taxes as conferred ~ Sec. ~, Art. NV OF
] the present constitution. The. adoption or
these sections was the result OF a desire on
/ the part OF the cOnventlon 20 render such
/ authority clear and dennite. the language OF
the present constitution not being sufheiently
clear on this subject Authority h also con-
1 ferred 20 provide for the assessment OF oil
public service corporations Including those
4 enumerated IA this section. az their true cash
value. Thereby distinct and clear provision
I is made for the taxation OF corporations by
both specific and "a yalorem methods.
Sec. G. Every law which imposes.
continues or revives a tax shall dis
tnctly state the tax. and the objects
10 which Il Is 10 be applied. and It
shall not be sufi ent 20 refer TO any
other lawHo fix such tax or object
No change from Sec. IA. Art. XIV OF tho
present constitution.
Sec. Z. All assessments hereafter au-
thorized shall be on property AT It's
/ cash value.
30 change from Sec, -. Art. XIV of the
present constitution.
sec. s. In the year NINETEEN
/ HUNDRED ELEVEN. every fifth year
thereafter and az such other times rs
! the legislature may direct the legisla-
I tlrc shall provide BY LAW for an
! equalization OF assessments by state
board. on ali taxable property. except
Tint taxed undcr laws passed pursu-
ant 20 sections four and Ave OF this
I art icie
No change from Sec 49, Art. XIV OF the
| present constitution. except as % the year
named end the rcicrepc,s 20 sections. aud 70
| lnEert the words hy saw"
Sec. p. The power Of taxation shall
never be surrendered or suspended by
any grant or contract 60 which the
/ state on any municipm corporation
( shall be party.
This 10 q new section ana forever prohibits
| the surrender or Suspension OF the taxing
power OF tho state or any municipality
| therein
Sec. 10, The state may contract debts
20 meet deficits In revenue BUT such
debts shall not m the aggregate at any
| time exceed TWO HUNDRED AND
FIFTY THOUSAND DOLLARS. The
state may also contract debts TO rcpei
invasion. suppress insurrection. defend
the state OR AID THE UNITED
! STATES IN time of war. The money
80 raised shall be applied TO the pur-
| poses for which 10 Is raised or 10 the
payment OF the debts contracted.
This section combines Secs and 4 Art
XIV 81 the present constitution. and changes
materially the phraseology thereof The
maximum amount % indebtedness which the
state may contract ~ any one time Is fixed
| ~ tht revision az two hundred fifty thou
sand dollars instead Of nifty thousand dol.
/
| change II considered necessary In order 10
| meet The modern requirements OF the state
@uthority % contrnct debts % aid the United
| states 10 time OF war IS added IN recognition
| % natural obligation
Sec. IL No scrip, certificate or other
| evidence OF state indebtedness shall be
Issued, except for such debts
as are expressly authorized in this con-
st.tution-
This section omits the words except for
the redemption OF stock previously Issued p
appearing In Sec. Z Art XIV Of the present
constitution. The exception quoted is obso-
Sec. ~. The credit Of the state shnll
not be granted TO. nor In aid OF any
| person, association or corporation.
PUBLIC OR PRIVATE.
no change from Sec. g. Art XIV Of the
present constitution, EXCEPT the addition ot
| the words public or private"
Sec. iS. The state shall not subscribe
20, nor be interested IN the stock of
any company. association or corpora
ton.
NJ change from Sec s. Art XIV. eacep,
Sec. IA The state shall not be n party
10, nor be interested In any work OF
Internal Improvement. nor engage IN
carrying on any such work, except in
| the improvement OF, or aiding in the
| Improvement OF the public wagon
roads. IN THE REFOREsTATfoN
| AND PROTECTION OF LANDS
| OWNED BY THE STATE and In the
expenditure OF grants to the state OF
land or other property
| Ihfs section corresponds with Sec o. Art
/ XIV " the present c9gstltuton. The proviso
therein authorizing the city OF Grand Rapids
% Issue ~ bonds for the Improvement az
the Grand River Ia eliminated as such pro-
! vision r. unnecessary.
The authority granted the state 10 engage
1 In reforostAtiou removes n limitation Ia the
present constitution. II IA the intention ~
| the revision that state lands. not desirable
| lor agricultural purposes. may be utilized
BY the state 70 reforestation. The power
thus conferred. II wisely used II Il believed
| VIII materially promote the future welfare
/ OF the commonwealth.
Sec Is, No state money shall be de-
| poflted In banks other than those or
| ganized under the national or state
banking laws No state money shall
be deposited IN any bank IN excess OF
nifty ger cent a. the capital ard surplus
OF such bank. Any bank receiving de-
posts OF state money shall show the
amount Of state money 30 deposited as
separate Item IN al published state