The Catholic bulletin. [volume] (St. Paul, Minn.) 1911-1995, 1916-10-28
PROPOSED AMENDMENT no. i.


By Chapter $79, Laws 1918, the legis-
isture proposed for adoption by the
electors, an amendment Of Section Two
~ OF Article Eight of the Constitu-
rion. by adding to said Section Two a
new paragraph.
Section Two az 1t now stands reads
ns follows:
Section 2. SCHOOL AND SWAMP
LANDS-SCHOOL FUNDS FROM SALE
DF-The proceeds of such m as are
or hereafter may be granted by the
United States for the use of chool
within each township in this state
shan remain a perpetual school fund
TO the state; and not more h one
third of SAID lands may be sold in two
years, one-thiEd in five years, and one
third il ten years; but the lands of
the greatest valuation shall be sold
ilrst: Provided, that no portion of said
sands Shall be sold otherwise than at
public sale. The principal Of all funds
arising from sales or other disposition
u .ands or other property, granted or
intrusted to this state in each town
thip for educational PURPOSES, shall
Forever be preserved I~nVio1ate and pm.
diminished; and the income arising
from the lease or sale of said school
land shall be distributed to the diff
ferent townships throughout the state.
IN proportion to the number of scllol-
RrS in each township, tive the ages
81 hys ana twenty.one years.; and shall
be faithfully applied to the specific
objects of the original grants or ap-
preparations. Suitable laws shall Be
enacted by the legislature for the safe
investment of the principal of all funds
which have heretofore arisen or which
may hereafter arise from the sale or
other disposition OF sue lands, or the
income from such lands accruing in
any way before the sale or disposition
he United STATES, or Of the O STATE Of
Minnesota issued after the year 1860,
or Of such other state as the leglsla-
lure may by law from time to time di-
rect. All swamp lands now held by
Inc state, or that may hereafter accrue
to the state, shall be appraised and
SAM Officers, and the minimuum PRICE
shall be the same less one-third, as is
provided by law for the appraisement
provisions Of title one Of chapter
thirty-eight of the General Statutes.
The principal of all funds derived
said shall isii' forever OF SMaPb a p 5Tnas ed fin10RTio o.
late and undiminished. One-half of
the proceeds of said principal shall be
fund of the state; the remaining one
half shall be appropriated to the edu.
Gational and e.aritsbls institutions of
the state in the relative ratio Of cost
to support said institutions"
The paragraph which Il Go proposed
to add TO said Section TIVE reads an
fOIIowSs
ga revolving fund Of not over
two hundred fifty thousand dol.
lars ($250,000) may be set apart
from the fund derived from the
sale of school and swamp lands,
to be used in constructing roads,
bitches and fire breaks In, through
and around unsold school and
swamp lands and in clearing such
lands, such fun to be replenished
as long as needed from the enc
hanced>value realized from the sale
OF such lands so benefited"
Under Section Two as e now stand
the proceeds Of the sale OF school anil
swamp lands constitute the principe
OF q trust fund, the income Of which
is used for the support Of the schools
educational and charitable institutions
OF the state. Section Two as 1t now
stands provides that the principal OF
such fund shall forever be preserved
ipViolate and undiminished."
THE EFFECT Of me ropos
amendment, If adopted. win be to mod.
lily the provision last quoted to thc
extent of permitting The legislature t.
set aside not to xcesd e250,0O0 OF thu
principal of the trust fund M q revolv.
ing fund to be used for the purpose,
stated In the amendment proposed.