The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1914-10-30
THIRD PROPOSED AMENDMENT.

The third proposed amendment Is
contained in Chapter $50 of the Laws Of
Minnesota for the year 1918.
PURPOSE: BY this amendment II is
sought to authorize the State to con-
struct roads, bitches, fire breaks
through and around unsOld state school
and swamp lands, and q $25O.OOO re-
vOlvfng fund, realized and kept up from
the sale of such lands, is TO be set apart
for such purpose. This is an amend
ment of Section 2 Of Article of the
Constitution, which law reads as fol-
lows.
Section 2. The proceeds of such
lands as are or hereafter may be grant
ed by. the United States for the use of
fund fund to the State; and not more than
one-third lh)o of said lands may be
| in FIVE years, and one-third (h) in ten
| (1O) years but the lands of the greatest
valuation shall be sold first; provided.
| sold otherwise than at public sale. The
principal of all funds arising from
sales or other disposition Of lands or
other property, granted or entrusted
| to this State in each township for edu-
| cational purposes, shall forever be pre-
served invioiats and gndim I'M and
| sale of said school lands shall be dis
| tributed to the different townships
| throughout the State, in proportion to
| ship, between the ages of five and
! twenty-one years and shall be faith
fully applied to the specific objects of
the original grants or appropriations.
Investment of Funds.-Suitable
laws shall be enacted by the legisla-
ture for the safe investment of the
| principal of all funds which have here
arise from the sale or other disposi.
tfon of such lands, or the income from
such lands accruing in any way before
the sale or disposition thereof. In inter
est-bearing bonds of the United States;
or of the State of Minnesota, ISSUED
dred and sixty U860). or of such other
state as the legislature may. by law
from time to time direct; =, nro.
ceeds. All swamp lands now held by
the State, or that may hereafter accrue
to the state shall be appraised b ane sane
officers. and the minimum price sna ~
be the same. less one-thfrd Us ,. as -
sas BY law for the the
thirty-eight (ss) of the General stat
rvsd fro ns sass al SWAMP sf a ana
aforesaid. shall forever be preserves
invtolate and undiminished. One.naiii
shah Oh be tne 81 e sa the
school fund of the state. The rem aatad
| Ing one half CD shall be appropriatso
| to the educational and charitable insti.
tutions of the State IN the reIa!ive
ratio OF cost to support said institu-
and adds thereto the followings
"A revolving fund of not over
Two Hundred Fifty Thousand DOL
| lars ($250.000) may be set apart
frem the funds derived from the
sale or school and swamp LANDS, 70
be used in constructing ROADS,
| bitches and fire breaks in, through
and around unsold school ana
swamp lands, such fund to be re-
plenfshed as long as needed from
the enhanced value realized from
the sale Of such lands, so bene-
EFFECTS The effect OF this amend
ment, II adopted, will be to permit the
State to Improve the school and swamp
lands of the State out Of moneys de-
rived from the sale Of such lands, and
to bring the State into line with the
conditions of the Swamp Land Grant a
to drainage Of such lands, by providinG
q revolving fund therefor, pending the
ultimate application Of the avails 81
| inch grant 10 the common school fund