St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1909-05-07

CT the common council or city council
in said city, establish an association to
be known as Teachers Retirement
formed and organized and to have pow
sia aha 0f'vnesss Is nsfeA'A''er pr0-
Sec. 2. Any plan for the establish
a provision ~ for or the organization Of a
corporation under the provisions OF chap
ter fifty-eight of the Revised Laws OF
1905 and acts amendatory Thereon.
Of any City Of this state, having a popur-
habit1ants desires to avail itself Of the
p rr.I1 qClm Of this J act ct ssa I'D t tea : fnrgma 1Gdg
and Incorporation Of such, an association
and the collection and disbursement Of a
fund for the benefit Of retired teachers
l In gaid eit ~ tS which edn,I said d Pian shall Ia c, Pc
council Of SAID. city for approval, and
when the same is approved BY said com,
mon council or city. council, the said
ed shall nave full power and authority
anee With the said plan so adopted.
~n seet :; DO a safn oo aaa1eaass0n to 'n eolle Ct
be proposed by i the said teaching body
shall be approved in. writing by a ma
Of the board Of education and when the
said corporation is formed there shall
be filed with the articles OF %incorpora-
the board Of education that a majority
Of the said teachers have approved In
citation.
sh siH. ,n q Sa' q pRa ,sa 90 That Il = only HoG saeS
said s. af fqnd as !. provided an in SAID fbe plan; shall hall
NAV fncH1Ha a n4nvjaion that a norton
Of said FUND shall be raised by taxation
upon the property Of the said city; i
the terms and Conditions Of the articles
Of association and bylaws OF said asso-
citation shall be entitled to participate
Sec. g.. When said plan is adopted. as
ton is formed and Incorporated. the
p pr9Rfy s G1ncs1f Ct q t saad pr sssee' author fhe1,
who have charge of h levying Of taxes
IN said city and in the county in which
said \ aaf city Is located, the h a amount a1ae ut Which FiLaa
adopted, as hereinbefore set forth, for
the coming year, and it shall be the duty
Of the ievying Of taxes to include in TIE
tax levy for the ensuing year. a tax In
addition to all other taxes. sufficient to
produce said sum so certified.
Z AOV1Ocu, 1lOWSVcT,N L1dt dalO LdA Sudll
in no event exceed one-tenth of a mill
upon all taxable property of said city:
and the said tax shall be collected as
other taxes are collected in said city
and when so collected shall be paid over
to the treasurer Of said association to be
held and disbursed in accordance with
the provisions Of said plan so to be
adopted.
Sec. Z. Any such association so to be
formed shall be empowered to receive,
hold and dispose Of real estate or per
sonal property acquired by them, either
BY, gift Or purchase or in any other law
association 50 to be adopted. as herein
provided.
Sec. 8. Said plan may provide in the
event that tho funds Of the association
are not sufficient to pay %annuities in full.
as provided in said plan, in any particu-
lar year, that the amount available shall
be pro-rated between those entitled to
receive the same.
Sec. g.. The word teachers as used in
this act shall include superintendent,
supervisors, principals, as we'll as in
structors!; who are in the employ Of the
board Of education or board Of school
inspectors In the city mentioned in this
act.
Sec. 10. This act shall take effect and
be in force from and after It's passage.
AnrY0ryoS Arril 81 1910