The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1908-10-17
FIRST PROPOSED AMENDMENT.

FIRST PROPOSED AMENDMENT.
The first proposed amendment is con-
tanned in Chapter AT of the Laws Of
1907. BY this amendment it is sought to
repeal Sections one 90, two (2), three
(3), four ~ and seventeen (17) Of Article
nine (9) of the Constitution (the latter
section being the amendment to said Ar
tce nine (9), adopted In 1867, 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 shah have a cash valuation
and he equalized and uniform throughout
the state: Provided, that the Legislature
may, by general law or special act, au-
thorze municipal corpora tons to levy
assessments for local improvements upon
the property fronting upon such improve
Hlents, 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 the
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
any such city or municipality. having
population of five thousand 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 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 city to collect
any such tax, assessments or fnes or
penalties for failure to pay the same, or
any fine or penalty for any violation Of
the rules of such city or munic' pality In
regard to the use Of water, or for any
water rate due for the same: and pro-
vided further. that there may be by law
levied and collected a tax upon all inher-
itances. devises. requests. legacies and
gifts of every Kind and description above
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 q maximum tax
of five per cent. ..'5-.
*section 2. The legislature. shall pro-
vide annual tax sufhcicnt 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 tho
1egislatu 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
estin1a ted expenses of such ensuing year
But no law laying G, tax Or taking other
provisions 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
people Of the state and adopted by a
majority of the electors of the state vot-
ing upon the same.
"Section 5. 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 buryng 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, irstitu-
tons 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 A. Laws shall be passed for
taxing the notes and bills discounted or
purchased, moneys loaned, and all other
property, effects, 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 a 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. 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 also
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
panies of this state of any kind; also
upon the property within this state of any
and all foreign insurance companies doing
business in this state of any kind; also
upon the property within this state of all
owners or operators OF any and an mines
or of mineral ores situated in this state;
also upon the property within this state
OF all boom companies or owners, and Of
all ship builders or owners doing business
in this state or having a port therein
(provided, that this act shall not apply
to property owned by railroad companies,
their lands and other property); and upon
the property of either or any Of such
companies or owners tax as uniform
as reasonably may be with the taxes inn
posed upon similar property in SAID state,
or upon the earnings thereof within this