Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-10-21
Hue.1. pcL. -
Proposed Amendment to the Constitution
of the State of South Dakota.

TO the people of the State of South Dakota:
The Eleventh Legislative Assembly of the
Pierre, the Capital on the 5Ih day OF January,
1909 aud concluded on the iifth day Of March.
Constitution Of The state. viz:
That Article XI of the Constitution Of the
state OF South Dakota be amended so as TO
read AS follows:
ARTICLE XII.
Section l. The legislature shall provide for
an annual tax, sufficient to defray the eslima,-
ed ordinary expenses of the state for each year
not To exceed in any Que year two mills on
taxable property ia the state, TO be ascertained
by the last assessment made for state and
county purposes.
nary expenses shall exceed the income OF the
state for such year, the legislature shall pro-
year sufficient with other sources Of iucome to
pay The deficiency together with the estimated
made. AND for Inc purpose Of paying the
public debt. the legislature shall provide for
nual interest and the principal OF such debt
within ten years from the final passage OF the
law creating the debt. Provided that the an,
nual tax for the pa. ment OF the interest and
principal OF the public debt shall not exceed in
any one year two mills on each dollar of the as
sessed valuation of all taxable property In the
state. as ascertalned by the last assessment
made for state and county purpos es.
property and shall be levied and collected for
pubic purpose@ only. >T!!c value OF each sub
ject OF taxation shall be so fixed in money that
every person and corporation shall pay il tax
in proportion TO the value OF his, her or its
proLerty. Franchises and licenses to do bust
ness in Lnt state. gross earnings aud net in
comes, shall be considered in taxing corpora
lions and the power to tax corporate property
shall not be surrendered or suspended by any
contract or grant to which the state shall be II
party. The legislature shall provide by gener-
al law for the assessing and levying Of taxes Oh
all corporate property, as near as may be. by
the same methods as are provided for assess
ing and levying OF taxes on Individual property.
Section 3. The legislature shall provide for
taxing all moneys, credits, investments In
wise and also for taxing the notes and bills
discounted or purchased. moneys loaned, and
all other property, effects or dues or every De
scription, OF all banks and OF bankers SO that
all property employed in banking shall always
be subject to a taxation equal to that imposed
on the property of individuals.
Section The legislature may classify in
heri!amce, deyises, legacies and requests and
gifts In view of death in respect to the receipt
ents thereof. and may provide for a graduated
or progressive tax therein, with such exemp'
children and other relatives as 1t may pre-.
scribe.
comes in respect to the recipients thereof. and
provide for a graduated or progressive tax
scribe
Section 6. The property of the United States
and of the state. county a@d municipal corpor-
atoms. both real and personal. shall be ex-
emp from taxation.
Section 7. The legislature shall. by general
law, exempt from taxation property used eX-
clusivcly for agricultural and horticultural so,
cleLies. for school. religious. cemetery and
charitable purposes in"'nh'ng church parson1
colleges; aud personal property to any amount
not exceeding IN value Two hundred dollars for
each individual liable To taxation:
Section 8 All laws exempting property
from taxation except as provided for in this
Section 9. No tan shall be levied except in
pursuance Of a law which shall distinctly state
the object of the same, to which the tax only
Section 10. All taxes levied and collected
for state purposes shall be paid into the state
treasury No indebtedness shall be incurred
or money expended by the state. and no war;
ants shall be drawn upon the STATE treasurer
except in pursuance of an appropriation FOL
the specific purpose first made.
The legislature shall provide ny suitable en-.
Section II. The Legislature may vest the cor
porate authorities OF cities. towns and village
special taxation of contiguous property OF
otherwise.
For all corporate purposes. all municipa
corporations may ne vested with authority II
assess md collect taxes; but such tax shall b'
uniform with respect to persons and propert'
within the Jurisdiction OF the body levy1ng IN
Section le. The making of a profit. directl!
or indirectly, out OF state, county. city, tow
or school district money. or using the same
for any purpose not authorized by law, shal
be deemed "a felony aud shall be punishable a:
Section is An accurate statement OF tn
receipts and expenditures OF the pnhi
moneys shall be published annually. in sue
manner as the legislature may provide
The proposed Amendment will be voted upot'
held In this state on Tuesday,. the Sth dav q
November. 1910. The proposed Amendment
will be printed upon the ballot followed by III
words: shall the above amendment to tn
constitution in relation to taxation and tn
amount of tax to he levied be approved an
ratitied?' Immediately to the left of wh1r
shall be printed the words: Yes and NO
each preceded by a square In which the electc
can place a cross to indicate his vote Eiec
ors desiring to vote YES will place n eros
before the word Yes. md those desiring I
Dated Mt Pierre. the Capital. this 2"th day
July, A.. D., 1910, SAMUEL. G. policy.
Secretary Of State.