New Ulm Post. [volume] (New-Ulm, Brown County, Minn.) 1864-1933, 1922-10-27

CLIFFORD [. hilton
Attorney-Ge General Of Minnesota.
Addressed to s.:.ss
Mike HOLM
Secretary of State.
ST. PAUL, MINNESOTA,
HONORABLE MIKE HOLM : -
Secretary OF State,
sIR:
AS required by section 46, General Sta
sutes of the state Of Minnesota for the
1913, I have the honor to furnish
you, herewith, a statement of the pur-
poses and effects Of all amendments pro-
posed to the constitution of the state
IF Minnesota by the legislature. Of 1921
and which are to be submitted to + h
electors of said state at the general elec--
lion in 1922 - ~ fs
PROPOSED AMENDMENT NO. ONE
Chapter 528, Session Laws of Minnesota
FOR the year 1921 proposes an amend
ment to section 10 of article 9 Of the
constitution Of said state. Said section
reads as follows:
be given or. loaned in aid Of any in, !
dividual, association or corporation.
Nor shall there be any further issue
Of bonds d~enominated Minnesota
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-
k,,k;o ory; ~A rvooyfior - nd SrocarHY.
ing to the state. nevertheless, all
rights, remedies and forfeitures ac-
cruing under said, amendment"
# amended. said section will read
as follows:
eth 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
bonds denominated Minnesota Stats
Railroad Bonds, under what ~purports
to be an amendment to section 10 Of
article 8 Of the constitution, adopted
April Is, 1855, which is hereto exL
plunged from the constitution, saving. ~
executing and reserving to the state.
nevertheless. all rights, remedies and
forfeitures accruing under said
amendment. Provided, however, that
for the purpose Of developing the agri-
cultural. resources Of the state. the
state may establish and maintain a
system Of rural credits and thereby
loan money and extend credit to the
people. OF. the state Upon real estate
security In such, manner and upon
such terms and conditions as may be
prescribed by law, and to issue and
negotiate bonds to provide money to
be so loaned. The limit Of indebted
ness contained in section 5 Of this ar
ticle shall not apply to the provisions
which the credit Of the state or the
aforesaid municipal subdivisions
thereof may be given or loaned as
herein provided are declared to be.
The PURPOSE of said amendment Is to
the agricultural Of tho
;tate by authorizing the lending Of money
ind credit of the state to the people upon
The EFFECT Of said amendment, II
adopted, will be to authorize the enact
Of laws by the legislature for the
establishments and maintenance Of a sys-
be empowered to provide money by ths.
issuance and negotiation Of bonds Of the
state to be loaned upon real estate secur-
|tyN to the people Of the state, and will be
enabled to prescribe the terms and con-
ditiona upon which such money may be
ent and such credit extended. There will
no limit Of indebtedness In this respect,
the state will be enabled to issue and
negotiate as many bonds for this purpose
1t deems advisable.
PROPOSED AMENDMENT NO. TWO
Chapter 529, Session Laws OF Minnesota
the year 1921, roposes ar amendment
the constitution Of the state Of Mime
,otaS by adding al e section to article 9.
o be known as section La, to read as fol-
ows:
pany, Joint stock company, corpora
ton, or association, however or for
whatever purpose organized, engaged
in the. business Of mining or pro-
- S~@~H -~1SNL Nv 4yaL NySryZ Sa &h$
state, shall pay to the state of,Min-
nesota an occupation tax on the val
uation Of all ores mined or produced,
which tax shal1r4be in addition to all
to be due and payable from such per-
son., co~-partnership, accompany, joint
stock company, corporation or asso-.
citation however or for whatever pur-
pose organized, on May a, hrst Of The the
mining or producing thereof. The val
uation Of ore for the purpose Of de-
termining the. amount OF tax to2.be
paid shall be ascerta1nsd N the man
ner and method provided by law.
Funds derived from the ~taxs5fherein a
provided for shall besapportioned; hf- 4
ty percent TO state general rev
70 1lSa Observation-Disclosures The !.
necsssaTy DISQUALIFICATION carrying out 81
the provisions Of this section"
T sia,s apl ths is6 ,s 81 fa;d 81 ia sss sesss % >;
dlnnesotayto In1posesands to keep In erect
n occupation tax upon those engaued In
business Of MINING or producing Iron
feqop ,ot3ere sges Ina this state, Il. addition
. Stnerstaxes lmposetsby law, at rate,
,ased unot1 the valuation Of the ore pro.
Iuced, 70 be determined by the legislature
nd g provide for the proportlonats dis:
rihution Of such taxes to the general
evenue fund, the permanent school5fnnd.
the permanent university fund.
Tho EFFECT Of the amendment, is
gdopted,. will be to direct the Legislatures
8 Impose and keep In effect such; q tax
Ipon. those engaged In. said business; and
Q require that the proceeds Of such tax
3 shall be Distributed in the manner
oIlowing, to-wIt: fifty per cent to the
tate general revenue fund, forty per,cept
o the permanent school fund, and ten
er cent to the permanent university
Yours respectfully,
CLIFFORD Z. HILTON,
!. Il utz*4xzSa.t A<%nrnAv canaral