Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1910-11-03

on the fifth day of March, 1909, pro-
Substitution Of the lea state 1 WIZ: 20 ''e
of the state Of south Dakota be
amended SO as to read as follows:
Article XII
Section /. 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 valua-
ton of all taxable property III the
state to be ascertained by the last as
And whenever it shall appear that
such sue n ordinary expenses shall exceed
levyins OF a tax for the ensuing year
sufficient WIN ether sources. Of in
S!ss i. s;s,nSt.S ssnsnss. f''s 81
t to1 th 81 4rpS.e Of paying the public
isvyins tax .anua in ,p psf to- to
pay the. annual interest. and the prin-
ei1al Of such debt within ten years
creating the debt. Provited. that the
ths int.Fs:. ma principal ST Il the
OF the assessed Valuation Of all tax
s 'a,s property In the state. as aseer-
for state and county purposes.
Section 2; All taxes shall be uni
5 form on ma all }R3ropeEty and shan be
only The Sau t0f Of e eaeh SUBJECT
Of taxation shall be SO fixed in money
that every person and corporate
yae pay his tax II n e the
chises and licenses to do business in
the state, gross earnings and net in
10 n tn
porate property shall not be surren-
dered by any contract or grant to
legislature shall provide by general
law for the assessing and levying of
taxes on an cooperate property; as
as are provided for assessing and
levying of taxes on Individual proper
vide for taxing, al, moneys, credits,
investments in bonds. stocks joint
stock St fon eompanies or otherwi:sie;. and
counted or purchased, moneys loaned,
and all other property. effects or dues
Of every description. Of all banks and
ployed in banking shall always be SUBJ
ject to taxation equal to that imposed
on st the p property tyY of individuals:
silly inheritance, devises, legacies and
bequests and gifts in view of death in
respect to the recipients thereof, and
s,ressive tay therein Svifb ,eu sn ol pso-
VIE chidpen me and aro oth.r or
:, Section S. The legislature shall clas-
sify incomes in respect to. the recip
nated or nraar rre ~ rue lor d sraa
such eSemptions as il NAV eii nre eo. Win
Snction E Tba e' rr nIes Pi esoe -,
rrn;tol o 81 iie .iopeftg Oh lhe
tv ard mnnicia a'p OF rne staoe e9un
real and nersonal sbail he s,a WI
SCI = i've ,ai.,+ ,,,
uSed eSempt from FOR
s sebai ahe ,; gfor5cudtuna1 societies. for
table purposes inelmdinrs c h1r VA nar-
sonages ana houses OF The e' presd pats
pertv 20 any amonnt not pc, Sn,.;i pfi o.,
pei,,s w. atiS ,,,, Si'ouHt ilol eNceeolhg ~
Si,,i5,aI IiaiI ~ eo uoiiais LUZ e1ch III
~ santin, y, 10 ,aAa'loli.
perty from taxa+ion eynel,+ pr ro
yided for in this t article, sbal be y Ola
Section g. No tax sham he ieviod - ~
shall distipntiy STATE u tbe oh5ect Th t
same. 10 which the FAY oniw sboi, ne ne,
S asesti. 10 An +a.es levied .na
col,acted fnr stata ,anes ieVi ,,a,, ana
paid into the state trdasurv IN No ip ne
eSpended nv the stnte and OF money
rants shali he drawn ,, mn' + no WI
treasurer, except in purslIance of s''t ~ y. ,,
3DDronrj1f nj
first made elo'i 'i'e speeiiic purpose
The legislature small nrov,ae h,,
suitable enactfnan, For "a I r " ,pe NY
seatian into effect iiis liiis
section II The g.is,at,,r. NAV ,ar+
the corDorate autl9eritins o t''"y c;t 49,
towns and villsges WIN pawer r.
taxat,on Of cop,enns ny $peclai
otIerwise 9o'' Is "0'S properly or
FOR ali cornora+a n,,rnosa. al, w.,
ctpal corporations NAV he Westad ~ yg;tb
autnoritY to assess and COLLECT taxes;
on. sutdl tiM snail De Uniform with re
TIE inrjsdctIon Of nd tha a'1 hody WIsn n
TIC awe ~ - 'oi "a INC pouy leNsihs
Section 70 The making Of a nroa+
directly or Indirectly. ont Of state
county civ town ~ eoboo, a; $500
monay ar. iss,n,o ~. .r, for utstrict
nose moi a1,thoriIad Nv Ia y s shs,l H.
deemed a felony and shall he nnnisb
able as nrovidea nv 10 w., W NC puiish-
Section IA An acc1,rata s+a4er.r+
Of tba roceints and axnepditn n.e,iietlt