Mower County transcript., 1908-10-14
FIRST PROPOSED AMENDMENT.


The first proposed amendment is con-
talned In Chapter ATT of the Laws Of
1907. BY this amendment it is sought to
repeal Sections one %, two (2), three
(3>, four ~ and seventeen {17) OF Article
nine (o) of the Constitution (the latter
section being the amendment to said Ar
ticle nine 10y, adopted in 1896), which
sections now read as follows:
"Section i. Ali taxes to be 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 equalized and uniform throughout
the state: Provided, that the legislature
may by general law or special act, au
t,orze municipal corporations to levy
assessments for local improvements upon
the property fronting upon such improve
nents, 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 defraying the expenses Of lay
ing water pipes and supplying any city or
municipal ty 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 ano"1l toy or assessment upon
the lineal foot of all lands fronting on
any water main or water pipe laid by
such city or mum 'cipasity within cor
rorate limits of said city for supplying
water to the citizens thereof without
regard to tho 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
any 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-
Io lpxvv
levied and collected a. tax upon all inher-
itances, devises. bequests, legacies and
gifts Of every kind and description above
4 fixed and specified sum, OF any and all
natural persons and corporations. Such
tax above such exempted sum may be
uniform or 1t may be graded or progress
i've. but shall not exceed a maximum tax
OF five per cent.
"Section 9. The legislature shah pro-
I! vide for an annual tax sufficient 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
provisions for the payment OF interest or
principal of bonds denonlinated Mime
f: Sofa State Railroad Bonds shall take
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 vot-
ing upon the same.
'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 it's true value in
money: but public bury:ng grounds, pub
lie school houses, public hospitals.
academies, colleges universities, and all
.senainaries OF learning, all churches,
church property used for religious pur-
poses, and houses Of worship, institu-
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 4. Laws shall be passed for
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
efs 80 that all property employed In
banking shall always be subject to tax
alton equal to that imposed on tho prop
rerty Of individuals:
! pose, Or provide for the imposition Of, up
i on the property within this state Of any
and all owners or operators, whether cor
tDorate or individual, or otherwiss. OF any
and IA sleeping, parlO and drawing roon
cars. or any or teither Of the same. which
run in. into Of through this state; alet
upon the property within this saato oa
any aad sa,i tsiser.ph. and tsas1hsas soa.
!! Daaioa, q SwnsEv, vho9s Hnss are A, ios
extaaA In. INTO cr thfou4A th1s state a1Dl