The Miller press. [volume] (Miller, S.D.) 190?-current, 1910-10-27

held at Pierre, the capital. on the NTH
on the nth day of March, 1909, pro-
posed the following amendment to the
constitution Of the state, viz:
of the state of South Dakota be
amended 50 as to read as follows:
Article XII
Section 1. The legislature shall
provide for an annual tax, sufficient to
defray the estimated ordinary ex-
penses of the state for each year, not
on each dollar of the assessed valus-
ton of all taxable property in the
state. to be ascertatned by the last as
se1sment made for state and county
purposes.
And whenever it shall appear that
such ordinary expenses shall exceed
the income of the state for such year,
the legislature shall provide for the
levying of a tax for the ensuing year
sufficient with other sources Of in
come to pay the deficiency together
with the estimated expenses of the
year in which such levy is made. And
for the purpose of paying the public
debt, the Legislature shall provide for
levying a tax annually, sufficient to
cipal of such debt within ten years
from the .1nal passage or the law
s snndai t tas df f0r h t6s saSt 'S of
the interest and principal Of the
public debt shall not exceed in
any one year two mills on each dollar
of the assessed valuation of all tax
able property in the state, as ascer-
tanned by the last assessment made
for state and county purposes.
Section 2. All taxes shall be uni
form on all property and shall be
levied and collected for public pur-
poses only. The value Of each subject
Of taxation shall be SO fixed in money
that every person and corporation
shall pay a tax in proportion to the
value of his or its property, Fran
| II to-. 49, 49, l.. l,,n SO 1 n
the state, gross earnings and net IN
comes, shall be considered in taxing
corporations and the power to tax cor
porate property shall not be surren-
deted by any contract or grant to
which the state shall be a party. The
legislature shall provide by general
taxes on all corporate property, as
near as may be, by the same methods
as are provided for assessing and
levying of taxes on individual proper
Section 3. The legislature shall pro-
vide fol taxing all moneys, credits.
stock Companies, or Otherwise; and
also for taxing the notes and bills dis
counted or purchased, moneys loaned.
and all other property, effects or dues
OF every description, of all banks and
of bankers so that all property en-
ployed in banking shall always be sub
jeCt 30 taxation equal to that imposed
on the property of Individuals.
Section A. The legislature may clas-
| SHY inheritance, QeNlSeS, legaCleS ana
requests and gifts in view of death in
respect to the recipients thereof, and
may pI"":"- -. . ~fauGated or pro
emptions to the surviving husband or
Wife, children and other relatives as
it may prescribe.
Section :. The Legislature shall clas-
sify incomes in respect to the recip-
tents thereof, and provide for a grad
uated or progressive tax thereon with
such exemptions as it may prescribe.
section q The nr0nnrtV OF the
United States, and Of the state, coun-
ty and municipal corporations, both
real and personal, shall be exempt
Section I. The legislature shall, by
general law, exempt from taxation
tural and horticultural societies, for
school. religious, cemetery and char
liable purposes. including church par
OF church colleges; and personal pro
perty to any mount not exceeding in
value two hundred dollars for each in
diVidual liable to taxation.
Section s. All laws eXempting pro-
perty from taxation except as pro-
vided for in this article. shall be void.
Section 8. No tax shall be levied ex-
cept in pursuance of a law which
shall distinctly state the object of tho
same. to which the tax only shall be
Section 10. All taxes levied and
collected for state purposes shall be
diebtedness shall be incurred or money
expended by the state, and no war
rants shall be drawn upon the state
appropriation for the specific purpose
The legislature shall provide by
suitable enactment for carrying this
Section II. The Legislature may vest
the corporate authorities OF cities,
make local improvements by special
taxation of contiguous property or.
For all corporate purposes. all NUM-
cipal corporations may be vested with
authority to assess and collect taxes;
but such tax shall be uniform with re-
spect to persons and property within
the Jurisdiction OF the body levying
the same.
Section II. The making of q profit,
county, city. town or school district
money, or using the same for any pur-
pose not authorized by law, shall be
deemed a felony and shal be punish
able as provided by law.
Section 13. An accurate statement
the public moneys shall be published
annually, in such manner as the legis-
lature may provide.
The proposed amendment will be
voted upon by the people at the gen
eral election to be held In this state
on Tuesday, the 8th day of November,
be printed upon the ballot followed by
the words: shall the above amend
ment to the constitution in relation
to taxation and the amour of tax to
be levied be approved and ratiied?'
Immediately to the left of which shall
be printed the words Yes" and No"
each preceded by a square in which
the elector can place a cross to indi-
cate his vote. Electors desiring to
vote Yes" Will place a cross before
the word Yes" and those desiring to
vote No. place a cross before the
word No"
Dated at Pierre, the capital, this
25th day of July, A. ID. 1910.
SAMUEL c. POLICY,
Secretary of State.
Proposed Amendment to the COnstitu-
ton Of the State of south Dakota
To the people of the state of South
Dakota:
Thn eleNenfh lnpialafiNa ascernhlx of