The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1920-10-13

spare3s agricultural products In the pos
2essEon Of the producer, tools, implement
and machinery, and all real and persona
property owned by county agriculture
societies and used for holding agricultur
al fairs.
SECOND: Providing for the imposition
of graduated and progressive taxes o.
incomes, privileges and occupationss
PROPOSED LAW RELATING TO TIKI
TAXATION OF RAILROAD PROP
Chapter 533, Session Laws Of the stat
of Minnesota for the year of 1919. pro
poses an amendment to section 1926, Gen
serai Statutes Minnesota 1913. and pro
TVfdes that said amendment shall be sub
'mitted to the. people of this state for ap
election. Said section now reads as fol
COWS: ..#
Section 1926. Every railroad COM
pany owning or operating any line OF
railroad situated Within. or partly
within this state. shall. durin; tie
year 1913, and annually thereaft.r.
pay into the treasury of this state, III
3ieu of all taxes and assessment up
ON all property within this state, own
ed or operated for railway purposes.
by such company. including equip
ment appurtcnauces, appendages
and franchises thereof sun of
money equal to five per cent of the
gross earnings derived from the oper-
alton of such line Of railway within
this state.
On or before August IS. 1913, and
annually thereafter, each such rail
road company shall MAKE. according
such gross earnings for the six
months ending June 30tA. nett pre-
ceding, and the aid tag of five per
centuIn thereon Shell become due
and be payable to the state OF Min
nes0ta in manner provided by law.
on September LIST, next thcrcafter.
On or before February IS. 1914.
and annually thereafter. each such
railroad company shall make, accord
ing to law, true and Just return OF
all such gross earnings for the six
months ending December 3iSt, next
preceding, and said tax of five per
'centum thereon shall become due and
payable to the state OF Minnesota in
manner provided by law, on March
of such sums at the times hereinbe.
fore set forth Shall be in full and in
lieu of all other taxes and assess .
ments upon the property and fran
schiseS SO taxed provided nothing in
this act shall be construed as modify
Ing any agreement entered into be,
tween any municipality within the
state and any railroad company re-
lating to the payment OF local taxes
or assessments. .i'G
The lands acquired by public grant
shall be and remain exempt from
taxation until sold or contracted to be
sold or conveyed as provided in the
respective acts whereby, such grants
were made or recognized"
If amended as proposed it will reat
slaS follows:
"Section 1926 Every railroad COM
nv I'M nv linn
sDf railroad situated within or partly
within this state. shall during the
year 1913 and annually thereafter.
pay into the treasury of the state, in
lieu of all taxes upon all property
within this state owned or operated
for railway purposes, by such COM
Sances, appendages and franchises
ahereof. a sum OF money equal of five
per cent OF the gross earnings derived
from the operation of such line Of
railway within this state.
On or before August Is. 1913, and
annually thereafter. each such rail
road company shall make, according
TO law, true and just return of all
months ending June 30th. next pre-
-ceding, and the said tax Of five per
centum thereon shall hetome due. :.
and payable to the state of Minnesota
in manner provided by law. on Sept
eember LIST next thereafter.
On or before February IS, 1914. and
ANNUALLY llIS1edllel, SeiCil SuCIl rail-
road company shall make. according
to law, true and just return of all
such gross earnings for the six
months ending December 31st next
preceding and said tax of five per
scentum thereon shall become due and
payable to the state Of Minnesota in
manner provided by law. on March
ist next thereafter: and the payments
4of such sums at the times hereinbe-
fore set forth shall be in full and in
lieu of all other taxes upon the prop
,erty and franchises SO taxed;
The lands acquired by public grant
shall be made and remain exempt
from taxation until sold or contrac-
ted to be sold or conveyed as pro-
yided in the respective acts whereby
such EIaHts were made or recog-
Eilcl.'
Under the present law the gross earn
dngs tax paid by railroad companies is II
lieu of all other taxes and assessments
upon property owned or operated TO
such tax will be in lieu Q
aaxes only and railroad companies viii
become subject to assessments for loca
improvements in the same way that prt
vafe persons and corporations. not pay
ing a gross earnings tax. are subject t.
such assessments. ~
The purpose of said amendment Is. ant
its effect, If adopted. will be to subjec
railroad companies, paying gross earn
ings taxes, to the payment OF assess
mants for local improvements. !.
Yours respectfully.
CLIFFORD L. HILTON.
AttOruay General