The Ely miner., 1909-04-30

therefor. The purchaser Of any such tim
Der shall pay the state for. all timber tina,
may be cut upon or removed from such land
during the life of his permit. at his pur
chase price per NJ feet. or per piece. or per
spects such sale shall be subject to all t,e
restrictions and conditions applicable to the
sale OF other state timber.
Sec 2. This act shall take effect and be
in force from and after Its passage.
Approved April %. 1909.
CHAPTER 47T-H. F. NO. 11so.
AN ACT to provide for a levy of taxes for
state purposes for the year ending July
81st. 1910. and July 31st. 1911.
Be 1t enacted by the Legislature of the
State of Minnesota
>, Section l. For the purpose of defraying ha
the expenses of the state for the fiscal year
ending July S1st. 1910. a tax of one million
two hundred thousand dollars (s1,20o,oo0l,
or as near that amount as practicable. shall
be levied on all the taxable property of the
state; provided, that the tax hereby levied
shall not exceed the rate of one and two
tenths mills on each dollar of taxable prop
erty.
Sec. 2. For the purpose of defraying the
ending July s1st, 1s1i, tax of one million
two hundred thousand dollars (s1.200O00):
or as near that amount as practicable, shall
pc levied on all the taxable property or
the state; provided that the tax hereby lev
led shall not exceed the rate of one and two
erty.
Sec 8. All taxes levied under the pro-
VISIONS or this act, when collected and PAID
the credit of the general revenue fund only.
Sec. 4. This act shall take effect and be
In force from and after it's passage.
Approved April 23. 1903.
CHAPTER 47s-H. F. NO. 2s7.
AN ACT to amend section 1905. Revised
quired by insurance company of
Be it enacted By the Legislature of the State
Section i. That section 1906. Revised
Laws 1905. be and the same is hereby
Sec: 1905. Deposit-such company Of
any foreign country. except fraternal ben
until, until besides complying t with the foregoing
requirements, II has made deposit with
the commissioner of insurance of this state
the United States Of sum not less than
the capital required Of a like company under
deposit shall be Of the same class Of securi-
ties and subject to the same limitations as
l, required for the deposit de OF domestic e
posit.
Such deposit shall be in exclusive trust for
all its policy holders and creditors in the
United States and for all purposes of the
insurance laws shall be deemed its capital.
Sec. 2. All securities. moneys, mortgages,
ments, records and all papers relating there
to which have been heretofore deposited
with and received by the state treasurer pur-
suant to the laws governing deposits Of for
eign insurance companies shall, upon the
ferred and delivered to the commissioner of
insurance of Minnesota, and 1t shall be his
duty to receive and safely keep the rsan same an
thorized and directed to make all assign
ments and conveyances to the commissioners
of insurance which may be necessary to
complete a transfer of the securities as con-
templated by this act
Sistent herewith herebY
Sec. 5. This act shall take effect and be
in force from and =. after its passage.
Approved April %. 1903.
CHAPTER 47s-H. F. NO. 2so.
AN ACT to prohibit the making or publish
or concerning the affairs. pecuniary con-
dition or property of any corporation. joint
stock association co-partnership or in
dividual, which said statements or publica-
tions are intended to give or shall have
a tendency to give. a less or greater ap-
erty, or any part thereof of said corpora
tion, Joint stock association. co-partnership
or Individual than the said shares, bonds
or property shall really and in fact possess,
and providing a penalty therefor.
Be 1t enacted by the Legislature Of the
State of Minnesota:
makes or publishes any book. prospectus.
notice report statement. exhibit or other
is wiifully false and which is intended to
give and does give a substantially greater or
less apparent value to the shares. bonds or
property, or any part thereof of any cor
poration joint stock association, co-partner-
ship individual, than said shares. bonds.
Ss ry o IN
Provided that nothing herein contained
shall apply to any. report or statement made
statement solicited by the person, firm or
corporation to whom 1t is made.
Sec @ This act shall take effect from and
after it's passage.
Approved April %, 1909.
CHAPTER 4so-H. F. NO: 41s.
Minnesota, 1907. entitled "An act to au-
thorize the board of regents of the state
university to acquire property Is and erect
of Indebtedness and levy tax to pay for
same" so that such taxes may be levied
for two additional years.
Be it enacted by the Legislature OF the State
Section i. THAT section 1 of said chapter
359 of the Laws of Minnesota for the year
1907 be and the same is hereby amended SO
to read as follows:
state university is hereby authorized to ac-
quire by gift, purchase or condemnation such
land together with the buildings thereon,
as It may deem necessary. for campus, and
to erect an engineering building and labora-
tory to cost not to exceed two hundred and
fifty thousand (250,000) dollars. and there
after deal with the same as said board shall
determine that the needs of said university
may require. To provide the necessary funds
therefor, the said auditor is authorized and
directed to levy and collect in the same
manner as other state. taxes for the year
Of one hundred and seventy-1ve thousand
(175. .00o) dollars for each of said years. and
shall be levied each year on all of the tax
able property of the state; and pending the
If Il seems necessary or desirable issue and
dispose of its certificates of Indebtedness,
payable with tnteret thereon. In such form
may determine in an amount not exceeding
the amount to be raised by taxation here
''The buildings herein provided for shall be
constructed under the supervision OF the
board Of control as provided in a. chagter 5ada 49,
Sec 2. This act shall take effect and be
in force from and after its passage
Approved April 20, 1909.
CHAPTER 4s1-H. F. NO. eo1.
AN ACT relating to the sale of. or other
disposition of, the labor of convicts SEN
fenced to and confined in the state pris-
Be it enacted by the Legislature of the
Section l. That after the passage and
approval of this act 1t shall be unlawful
for the state board of control, the war
den of the state prison, or any person ex-
ercising control of or supervision over any
convict sentenced to and confined in said
prison to enter into any contract or agree
ment or any arrangement, whereby the
labor or service Of said convict is either sold
or leased or otherwise disposed of for hire
to person or TO any party:
Provided, however, that nothing herein
contained shall be either deemed or con-
strued to either invalidate or validate any
existing contract relating to the labor Of
convicts confined in said prison.
Sec. 2. All acts and parts Of act incon-
sistent herewith are hereby repealed.
Approved April 23. 1909.
CHAPTER 4S2-H. F. NO. SAT-
AN ACT authorizing railroad and street rail-
way companies to enter into contracts so
as to enable railroads and street railways