Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-08-05
Aug. 5. Oct. q
Proposed Amendment to the Constitution
Of the State Of South Dakota.

Aug.h. Oct. ".
Proposed Amendment to the Constitution
of the State If South Dakota.
To the people of the State OF South Dakota:
The Eleventh Legislative Assembly OF the
state OF South Dakota, begun and held IT
Pierre, the Capital on the 9Th day OF January,
1909, and concluded on the fifth. day OF March,
1909. proposed the following Amendment TO the
Constitution OF the state. viz:
That Article XII OF the Constitution Of the
state OF South Dakota be amended so Is to
read rs follows:
ARTICLE XXI.
Section l.. The legislature sh all provide for
an annual tax, sufficient to defray the estimAt-
ed Ordinary expenses OF the state for each year
aes. 70 exceed IN any one year two miiis on
each dollar of the assessed valuation of ali
taxable property In the state. 70 be ascertained
by the last assessment made for state and
And whenever it shall appear that such ordi-
nary expenses shall exceed the income OF the
state &c ior such year. the legislature SHAH pro-
year sufficient with other sources of Income to
pay the deficiency together with the estimated
made. And for the purpose Of paying the
public debt, the legislature. shall provide for
l nnal igt e rsx annually anS ~ s n41na,n.i 70 o. pc. .yd The al. an,
within ten years from the final passage of the
law creating the debt. Provided. that the an
principal of the public debt shall not exceed In
any one year two mills on each dollar OF the as
s sssse y valuation asssn' Of al taxable property in the
section 2. All taxes sSa1i be Uniform ON ali
public purposes only. The value of each sub
ject OF taxation shall be so fixed in money that
every person and corporation shall pay = TAI
property. Franchises and licenses to do bust
ness In The state, gross earnings and net In
comes, shall be considered In taxing corpora
tons and the power to tax corporate property
shall not be surrendered or suspended by any
contract or grant to which the state shall be .
DATtV. Tn2 lAQ191AGnPQ ohnll nR0ufH0 hu N
81 law for the assessing and levying of taxes on
Al corporate property, % near IS may be;-b y
ing and leyying Of taxes on Individual property
Section 3. Tue legislature shall provide for
honds ALI. AZ Moneys ae credits Investments In
wise; and also for taxing the notes and bills
discounted or purchased moneys loaned. and
scrtption. of all banks ana OF bankers so that
si property employed In banking shall always
ne sso1eos to = tsxetion equal to thst imposed
section 4. The legislature may classify In
herttance, devtses, legacies and requests and
ents thereof, and may provide for . gradusted
or progressive tax therein, with SUCH exomp-
lions TO the surviving husband or wife.
children and other relatives ~ Il MAY pre-
scribe.
Section s. The legislature shall classify In
provide for . graduated or progressive tax
scribe.
Section Q. The property ofthe United states
and Of the state. county and municipal corpor-
atoms, both real and personal. shall DO ex-
Section z. The legislature shall, BY general
~. exempt from taxation property used ex-
ciusiveiy for agricultural and horticultural So
charitable purposes including church psrson-
ages and houses Of the presidents Of church
1o,!s e.eesd dna ! R ,s seIas P ,wo srSd to az aoi s%sq io.
each individual liable 70 taxation.
,r Sec,,Cn :; AZ laws easnPting property