Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1922-10-06
Mike HOLM

OFFICE OF ATTORNEY aENeRA-
HONORABLE MIKE 4oI Is%' ~ 1''A'
Capitol.
AS required by section 4e, General Sta.
year 1913 haVe the honer to 1 furn iet
you. herewith, q statement of the pur.
poses and effects Of all amendments pro.
posed to the constitution Of the state
OF minnesota by the legislature Of 1922
and which are to be submitted to thu
ton in 1922.
PROPOSED AMENDMENT NO. ONE
Chapter 52S. Session Laws Of Minnesots
1 msnt me e year ant,o 1921 proposes an amend
Constitution Of said State. sad sscto1
The credit Of the state shall never
dividual. association or corporation.
Of bonds denominated Minnesota
state railroad bonds. under what
ton ten Of article nine, Of the consti-
tuition, adopted April is, 1858. which
- hereby expunged from tho consti-
rights. remedies and forfeitures &C. C..
cruing under said amendment"
II o amended. said section win read
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
Bonds denominatea %nnssot ts'q Sat-. 70
IL sa snss sasf sssss e #
article 8 Of the constitution. adopted
April 16, 1858. which is hereto ex-
plunged from the constitution, saving,
nevertheiess. ' ali ri hts. remedies 81 a and
amendment. Previded. ho 1aSa t saaa
fS5 ts OF ~ s the e.
state may establish and maintain 4
system Of rural credits and thereby
loan money and extend credit to tho
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
ness contained in section Of this ar
ticle: shall not apply to the provisions
Of this section. and the purposes for
sfosesad eli ne s saSd,S SI ens
thereof may be given or loaned Is
herein provided are declared to be
develop tho agricultural resources Of tn,
state by authorizing tho lending Of none,
and credit Of the state to the people upoi
adops.d @ ;. :a*ho 9'%r:" e.. .e.e.
ment Of lave by the legislature Tor IL,
sstabllshment and maintenance Of 4 sys
30 empowered to provide money by tn.
Issuance and negotiation Of bonds Of thu
state to be loaned upon real estate seeur.
ny TO the people Of the state, and will b
An2hIAd nFAQNPIhA NJ
d'tions upon which such money may b
lent and such credit extended. There viii
bs no limit Of indebtedness IN this respect
negotiate as many bonds for this purpose
as 1t deems advisable.
PROPOSED AMENDMENT NO. TWO
Chapter 529, Session Laws Of Minnesota
Tor the year 1921, proposes an amendment
to the constitution Of the state of Mime
to be known as section LA, to read as fol-
lows:
Every person, co-partnership, COM
Rany' joint stock company, corpora
ton, or association, however or for
whatever purpose organized. engaged
in the business Of mining or pro-
ducing iron ore or other ores in this
nesota an occupation tax on the val j.
uation OF all ores mined or produced,
which tax shall be in addition to all
other taxes provided by law, said tax
SON.. co-partnership, company, Joint
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
paid shall be ascertained in the man
ner and method provided by law.
Funds derived from the tax herein
provided for shall be apportioned; hf-
ty per cent to the state general rev.
enue fund, forty per cent to the per-
m ma me- school fund and ten per cent
to oa the per- permanent ane university fund. The
! necessary provisions for carrying out
the Pr9YiSjops Of this section"
to direct tho legislature Of the state OF
On occupation tax upon those engaged in
the business Of mining o. producing Iron
ore or other ores In this state, In addition
to other taxes imposed by law, at rate.
based upon tho valuation 81 the ore pro-
and to provide tor the proportionate dis
trlbution Of such taxes to the general
revenue fund, the permanent school fund
and tho permanent university fund.
The EFEEcT Of d the a ne
TO impose and keep In effect such a tax
upon those engaged In said business; and
to require that the proceeds Of such tax
es shall be distributed In the manner
following, to-wit: fifty per cent to the
to the permanent school fund, and ten
per cent to the permanent university
Yours respectfully,
CLIFFORD /. HILTON,
Attorney General.