The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1922-10-05
Proposed { / !.
Amendments
to the
Constitution
= Of the
State of Minnesota
Submitted by the Legislature at
it's General Session, 1921, to
the People of Minnesota at the
General 1922 Election To-
gether with Statements of
Purpose andEffect
of each
Prepared by
CLIFFORD |, HILTON
Acknowledgement of Minnesota.
Addressed to
MIKE HOLM
Secretary of State.
ST. PAUL, MINNESOTA,
OFFICE OF ATTORNEY eE n F5s5'
HONORABLE MIKE HOLM,
secretary Of State,
SIR: ap''0''
As required by section 49, General Sta
year 1913. have the honor to furnish
you, herewith, statement of the pur-
poses and effects Of all amendments pro-
posed to the constitution Of the state
Of Minnesota by the legislature Of 1921
electors Of said state at the general cleo
ton in 1922
PROPOSED AMENDMENT NO. ONE
CHAPTER 528 Session Laws Of Minnesota
D AMENDMENT NO. ONE

FnoFOoEO AW ENDM EN- NO. ONE
Chapter 52s, Session Laws Of Minnesota
nent to section 10 Of article 9 of the
constitution of said state. Said section
how reads as follows:
1.-The credit of the state shall never
be given or loaned in aid of any in
Nor shall there be any further issue
of bonds denominated Minnesota
state railroad bonds, under what
purports to be an amendment to Sec
ton ten of article nine Of the consti-
tuition, adopted April Is, 1858, which
is hereby expunged from the consti-
tuition, saving, excepting and reserv-
rights, remedies and forfeitures ac-
cruing under said amendment"
If amended. said section will read
as follows:
1.-The credit of the state shall never
be given or loaned in aid of any indi-
vidual, association or corporation, ex-
cept as hereinafter provided. Nor
shall there be any further issue of
bonds denominated Minnesota Statst
Railroad Bonds under what purports
to be an amendment to section 10 Of
article of the constitution, adopted
April Is, 1858, which is hereto ex-
plunged from the constitution, saving,
sn0 ali gs to tS and
forfeitures accruing under said
amendment. Provided. however. that
for the purpose of developing the agri-
cultural resources of the state. the
system of rural credits and thereby
loan money and extend credit to tho
people Of the state upon real estate
security in such manner and upon
prescribed by law, and to issue and
negotiate bonds to provide money to
be so loaned. The limit of indebted
ness contained in section of this ar
ficlp shall Qnn1v tho
Of this section. and the purposes for
which the credit Of the state Or the
aforesaid municipal subdivisions
Herein proyided s are declared e epe to b bs
public purposes"
The PURPOSE Of said amendment is tc
develop the aerIeultura' resources OF the
and credit Of the state to the people upon
real estate security.
The EFFEcI Of said amendment. i
"a By The the s".as
establishment and maintenance Of sys.
tenn OF rural credits. The legislature vii
be empowered to provide money by the
state to be loaned upon real estate secur.
lty to the people Of the state, and will be
enabled to prescribe the terms and con.
sditions upon which such money may b.
be no limit Of indebtedness In this respect
and the state will be enabled to issue and
negotiate as many bonds for this purpose
as 1t deems advisable.
PROPOSED AMENDMENT NO. TWO
Chapter 52s. Session Laws of Minnesota
tor the year 1921, proposes an, amendment
to the constitution of the state of Mime
sofa by adding a new section to article 9,
20 be known as section Ia, to read as fol-
"Every person. co-partnershin. COM
pany. joint stock company, corpora :
tlon. or association, however or for
sWhaiever purpose organized, engaged
t IN the business of mining or pro- )
state, shall pay to the state of Min
nesota an occupation tax on the val.
uation of all ores mined or produced,
which tt tax shall BE IN addition to all
to be due and payable from such per-
son.. co-partnership. company, Joint
stock company, corporation or assoc
pose organized. on May first Of the
calendar year next following the :,
mining or producing thereof. The val- :
uation OF lore for the purpose Of de-.
paid shall be ascertained in the man
ner and method provided by law
Funds derived from the tax herein =
provided for shall be apportioned; fif-
enue fund, forty per. cent to the per- 4
manent school fund land ten per cent
to the permanent university fund. The
81 leglSla tur6- snail Oy law make 8 the
u necessary provisions for carrying out
tbs provisions Of this section.
The PURPOSE OF said amendment Il
60 direct the legislature OF the state Of
minnesota 20 impose and 70 keep In sffec,
the business OF mining or producing Ifor
ore or other ores n this state, II addition
SO other taxes imposed by law, at q rate
based upon the valuation of the ore. pro.
duced. TO he determined BY the Ieoialatura
and g provide for the proportlonate die.
fributlon OF such taxes 10 the neneral
revenue fund, the permanent school fund
and the permanent university fund.
Tho EFFECT OF the aniendII1ent. Il
adopted, will be TO direct the ieuisiatura
10 Impose and keep In effect such = ~
upon those engaged In said business; and
20 require that the proceeds 81 such stax.
81 shall be dlstributed ii the nsaHssss
following, 90 wit: nifty per cent fos tl1s
state general revenue fund, forty per cent
20 the permanent school fund. ana ten
fund. ~ "a =.
Yours respectfully,
CL tFFO 81 RID IL. hJLT0N