New Ulm review., 1920-10-20

Ao"as' - 49, tE,s2Ge5R - <E,&@ ~
The purpose Of said amendment Is to
empower the legislature to enact laws, to
such an extent, and In such manner,
as It may determine, exempting from
taxation household goods, wearing ap.
pare, agricultural products In the pos.
session Of the producer, tools implements
and machinery, and all real and personal
property owned by county agricultural
societies and used for holding aericuItur.
al fairs; and to authorize the imposition
OF graduated and, progressive taxes on
incomes, privileged and occupations.
The effect Of the amendment, If adopt.
ed, Will be to accomplish the purpose
above Indicated, to-wIt: to authorize the
enactment of laws by the legislatures:
FIRST: Providing for the exemption
from taxation, to such an extent and In
such manner as the legislature may de-
termine, of household gooGs, wearing ap-
parei,, agricultural products in the pos
session OF the producer, tools, impleme nts
and machinery, and all real and personal
property owned by county agricultural
societies and used for holding agricuItur.
al fairs.
SECOND: Providing for the imposition
of graduated and progressive taxes on
incomes, privileges and occupations.
PROPOSED LAW RELATING TO THE
TAXATION OF RAILROAD PROP.
ss-sa. >, ERTIES. . -.
Chapter 533, Session Laws of the state
OF Minnesota for the year of 1919, pro-
poses an amendment to section 1925, Cen
eral Statutes Minnesota 1913, and pro-
vides that said amendment shall be sub
mitted to the people of this state for ap-
proval or rejection at the 1920 general
lows: -
nans. Section ckn; 222s a Every, railroad com,
railroad Situated within, or partly
within this state, shall, during the
year 1913, and annually thereafter
pay into the treasury of this state, in
lieu Of all taxes and assessments, up
on all property within this state, own
ed or operated for railway purposes,
,en4 by such c0mRany including equip
and ;,1onaf franchises d.l,iS thereof. sum Of
gton Of acS ea ef II the
this state.
On Or Or before August IS, 1913, and
am annually ny, thereafter, each such rail
to law, a true and Just return of ali
such gross earnings for the six
months ending June 50th, next pre-
cedtng, and the said tax of five per
centum thereon shall become due
and be payable to the state of Min
nesota in manner provided by law,
on September 1st, next thereafter.
On or before February Is, 1914,
and annually thereafter, each such
railroad company shall make, accord
ing to law, a true and just return of
all such gross earnings for the six
months ending December 31st, 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
1st, next thereafter; and the payment
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
chises SO taxed; provided nothing in
this act shall be construed as modify 2,
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.
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"