The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-10-07

OFFICE OF ATTORNEY GE ~ 100
MIKE HOLM, /
Secretary Of State /
SIR: ....
tutes of the state Of Minnesota for the
year 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 .,o o, ene ~ ias1
electors Of said state at the general cleo
ton in 1922.
PROPOSED AMENDMENT NO. ONE
Chapter 52S, Session Laws Of Minnesota
for the year 1921 proposes an q a M no
Constitution of said state. Said section
now reads as follows:
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 denorninated Minnesota
state railroad bonds under what :
prrports to be an amendment to sec
ton ten Of article nj inc, of the consul
tuition, adopted April Is, 1858, which
is hereby expunged from the constl-
tuition, saving, excepting and reserV,,
ing to the state, neyert a1s,,ess a., an
cruing under said amendment.
If amended, said section will read
as follows: . .'..'.
THE credit Of the state shall never
be given or loaned in aid of any indi-
3 vidual, association or corporation: ex-
cept as hereinafter provided. Nor
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 Of &c e9nstH u hsrsto
plunged from the constitution, SAVING
excepting and reserving to the state;
nevertheless, all rights, remedies and
forfeitures accruing under sac
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
be so loaned. The limit Of indebted
ness contained in section of this ar
ticle shall not apply to the provisions
of this section, and the purposes Tor
aforesaid municipal subdivisions
thereof may be given or loaned as
herein provided, are declared to be
, public purposes
The PURPOSE Of said amendment Is (
develop the agricultural resources OF tn
state by authorizing the lending Of none
and credit Of the state to the people upo
real estate security.
adopted, will be to authorize the. enact
merit Of laws by the legislature for tn
| establishment and maintenance OF sys
tenn Of rural credits. The legislature ~
be empowered to provide money by IN
Issuance and negotiation Of bonds Of tn
4 state to be loaned upon real estate secur
:ty to the people Of the state, and viii, 9
Enabled to prescribe the terms and con
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 as many bonds for this purpos
as it deems advisable. s.
PROPOSED AMENDMENT NO. TW'
=. Chapter 52s, Session Laws Of Minnesot
for the year 1921, proposes an amendmer
to the constitution of the state Of Mime
sofa by adding a new section to article
to be known as section Ia, to read as To-
= EVERY person, co partnership, COM
pany, joint stock company, corpora
! ton, or associa ton, however or for
whatever purpose organized, engaged
in the business of mining or pro
i ducing iron ore Or other ores in this
! state, shall pay to the state Of Min
4 nesota an occupation tax on the val-
4 uation of all ores mined or produced:
i which tax-shall be in addition to all
to be due and payable from such per-
son, co-partnership, company, joint
/ stock company, corpora ton or assoc
/ citation however or for whatever pur-
4 pose organized, on May first Of the
h calendar year next. following the
mining or producing thereof The val
uation of ore for the purpose Of de-
tern1ining the amount of tax to be
| 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-
ty per cent to the state general rev.
enue fund, forty per cent to the per-
manent school fund and ten per cent
legislature shall by law make the
necessary provisions for carrying out
the provisions of this section
The PURPOSE Of said amendments
Minnesota to impose and to keep In effe
an occupation tax upon those engaged
the Business OF mining or producing lre
\ ore or other ores In this stote, In additic
! to other taxes imposed by law, at rat
based upon the valuation Of the ore pr
\ duced, to be determined by the legisIatu
and to provide for the proportionate di
tribution Of such taxes to- the gener
revenue fund, the permanent school fun
and the permanent university fund.
adopted, will be to direct the leesIatu
\ to Impose and keep in effect such a t:
Upon those engaged in said business; az
\ to require that the proceeds of such tai
\ following, to-wit: fifty per cent to Il
state general revenue fund, forty per Gel
to the permanent school fund, and t.
\ rper cent to the permanent UNIVERSE
fund. 49,. II. =.
ista!H Clifford /: HILTON,
a1EEss Attorney General.