Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1922-10-25

Attorney-G General Of Minnesota.
Addressed to
Nike II5E:''i Holm i
Secretary of State.
OFFICE e. Of sA S44o M'SE5s sGstleA!.
HONORABLE MIKE HoI@, ''' 1900
Secretary Of State, ".
AS required by section 46, General Sta
tutes Of the state of Minnesota for the
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, Of said state at the general cleo
PROPOSED AMENDMENT NO. ONE
Chapter 528, Session Laws Of Minnesota
Tor the year 1921 proposes an amend.
constitution Of said state. Said section
now reads as follows:
1.-THE credit of the state shall never
be given or loaned in aid Of any in
of bonds denominated Minnesota
state railroad bonds under what
2ion ten Of Article ar nine. Of the &C consti
tuition, adopted April Is, 1858, which
is hereby expunged from the consti-
tuition. sayag. excepting and resery;
rights, remedies and fOrfeitures ac-
cruing under said amendment"
# amended. said section will read
..The credit of the state shall never
) be given or loaned in aid Of any indi-
1 vidual. association or corporation. ex-.
shall there be. any further issue Of
bonds denominated Minnesota State
Railroad Bonds Under what purports
to be an amendment to section 10 OF
article 3 Of the constitution, adopted
plunged from the constitution, saving,
excepting and reserving to the state,
! nevertheless, all rights, remedies and
! amendment PROVIDED. however, that
| for the purpose of developing the agri-
I cultural resources Of the state, the
t state may establish and maintain a
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
j be so loaned. The limit Of indebted
ness cSa ne in section +. rs q this
which the credit Of the state or the
aforesaid municipal subdivisions
HEREIN pr a lee s are declared to Be Be-
R The PtRPosE OF said amendments 10 /
Sy the 9s
and credit Of the state to the people upo
real estate security.
ment OF laws by the legislature for tn
establishment and maintenance Of a sya
tenn Of rural credits. The legislature WI
snS 81 ss:.
ity to the people Of the state, and will
enabled to prescribe the terms and cor !.
lent and such credit extended. There wi
be no limit Of indebtedness IN this respec
and the state will be enabled to Issue an
negotiate a. many bonds for this purpos
as It deems advisable. &s.HS.-s..a
PROPOSED AMENDMENT NO. TW
Chapter 52s, Session Laws Of Minnesot
Tor the year 1921, proposes an amendmer
to the constitution OF the state OF Mime
sofa by adding new section to article
to be known as section LA. to read a. TO
Every person, co-partnership, COM
pany. Joint stock company, corpora
ton. or association. however or foE
IN the business of mining or pro-
state, shall pay to the state Of Min
uation of all ores mined or produced.
which tax shall be in addition to all
other taxes provided by law. said tax
TO be due such
stock company, corporation or ASSOC
citation however or for whatever pur-
pose organized. on May first OF the
mining or producing. thereof. The val
uation of ore for the purpose of de-
termining the amount Of tax to be
ner and method provided Y by law.
Funds derived from. the tax herein
provided for shall be apportioned; If
per cent ,t to the state general
manent school fund and ten per cent
to the permanent university fund. The
legislature shall by law make the
the provisions of this section 4Sss
The PURPOSE o: said amendment
60 direct the legislature OF the state
Minnesota to impose and to keep In effe
an occupation tax upon those engaged
the business OF mining or producing lr,
ore or other ores in this state, In addltl,
to other taxes t,, 'mpossa BY lazy. at g.
) 4 @duced. to be determined by the ieotslatu
and to provtde for the proportlonate dl
<rlbution ct such taxes to the 1ener
revenue fund, the permanent school fun
\ and the permanent university fund. sS
adopted, WIN So To- direct the ieGisist.,
.ns !. . siis :Ss
III 60 require that the proceeds Of ssuchhta
Sc shalt Be distributed In the mann
foilowlng, to.v fffty per cent to- q
Il. to- the Il permanent school fund, and 81
:s per cent to the permanent SIS universal