Willmar tribune., 1908-10-28
FIRST PROPOSED AMENDMENT.

The first proposed amendment Is con-
lined In Chapter ATT Of the Laws Of
&o7. BY this amendment it is sought to
peal Sections one (D, two (2), three
A), four (4) and seventeen (17) Of Article
ine 10y Of the Constitution (the latte:
ction being the amendment to said Ar
j.. Gle nine Y), adopted in 1886, which
+. ctions now read as follows:
Section I. All taxes to be raised IN
is state shall be as nearly equal as may
a. and all property on which taxes arc
D be levied shall have a cash valuation
n be equalized and uniform throughout
y state: Provided, that the legislature
". by general law or special act, au-
II ,rze municipal corporations to levy
3 easements for local improvements upon
u property fronting upon such Improve
ents, or upon the property to be bene-
ed by such improvements, or both,
4 thout regard to cash valuation, and In
" ch manner as the legislature may pre-
Q ribe: and provided further, that for the
urpose Of defrayng the expenses Of lay
ng water pipes and supplying any city or
n unicipality with water. the Legislature
n ay by general or special law authorize
m such city or municipality, having
"a ,ulation OF five thousand or more, to
!e'.v an annual tax or assessment upon
h lineal foot of all lands fronting on
m j., water main or water pipe laid by
III n city or mum icipality within cor
"a ate limits Of said city for supplying
water to the citizens thereof without
regard to the cash value of such prop
,rty, and to empower such city to collect
Inv such tax, assessments or fines. or
penalties for failure to pay the same or
my fine or penalty for any violation Of
the rules Of such city or municipality in
water rate due for the same: and pro-
vided further, that there may be by law
levied and collected tax upon all inhcr-
itances devises, bequests. 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 2. 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 tax or making other
provisions for the payment Of interest or
principal of bonds denominated Minne-
sofa State Railroad Bonds shall take
effect or be in force until such law shall
have been submitted to vote of the
ncODle 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 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. 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 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-
scrption, of all banks and Of all bank.
ers so that all property employed ir
banking shall always be subject to a tax
alton equal to that imposed on the prop
erty Of individuals.
''Section IT, 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 o1
any and all telegraph and telephone com.
panies or owners, whos= lines are in, ol
extend in, into through this state: also
upon the property within this state Of
all express companies, 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 al