Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1922-10-25

~sS VIZ - oeesU wv
of Minnesota.
Addressed to
NIKE HOLM
Secretary of State.
OFFICE or ATToRNEY aENERAL.
HONORABLE MIKE 4oi Is o. 1'N1'
Secretary rst3cyy Of State
SIR:
AS required by section 4e. General Sta
tutes Of the state of Minnesota for the
you, herewith, a statement of the tu' p llI
poses and effects of all amendments pro-
posed to the constitution of the state
of Minnesota by the legislature of 1927
and which are to be submitted to the
ton in 1922. = =
PROPOSED AMENDMENT NO. ONE
Chapter 52s, Session Laws of Minnesota
for the year 1921 proposes an amend.
n'ent to. section 10 Of article 9 of tn.
now reads as follows:
THE credit of the state shall never
dividual,N association or corporation.
Nor shall there be any further issue
of bonds denoninated Minnesota
state railroad bonds under what
purports to be an amendment to sec
ton ten Of article pine, Of the consti-
tuition. saving, excepting and reserv-
Ing to the state. nevertheless. all
rights remedies and forfe1tures &C.
cruing under said amendment"
amaN0o6 said section will rad
1.-The credit Of the state shall never
be given or loaned in aid Of any indi-
cepe as a1seeaaa
bonds denominated Minnesota State
Railroad Bonds under what purport:
to be an az en-, to section 10 Of
April Is, 1858. which is hereto ex-
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-
cultural resources of the state, the
state may establish and maintain a
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
negotiate bonds to provide money to
be so loaned The limit OF Indebted
ness contained in section 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 ssres declared to be
= The PURPOSE Of said amendment Is t
develop the agricultural: resources Of tn
state by authorizing the lending Of none
and credit Of the state to the people upo
The EFFECT Of said amendment,
adopted, will be to authorize the enact
ment Of laws BY the legislature for tn
establishment and maintenance Of syss
be empowered to provide money by tn
issuance and negotiation Of bonds Of tn
state to be loaned upon real estate secur
lily TO the peop7e of the state, and will b
ditions upon which such money may b
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 adVisab bic.
PROPOSED AMENDMENT NO. TW,
Chapter 529, Session Laws Of Minnesot
for the year 1921, proposes an amendnlen
to the constitution Of the state of Mime
sofa by adding a new section to article:
lows: xsts.%
Every person, co partnership, COM
pany, joint stock company, corpora
ton, or association, however or for
whatever purpose organized, engaged
in the business Of mining or pro-
ducng iron ore OR other ores in this
state. shall pay to the state Of Min
nesota an occupation tax on the val
+ uatiCn of all ores mined Or produced,
which tax shall be in addition to all
other taxes provided by law, said tax:
&. to be due and payable from such per-
son, co-partnersh:p, company, joint
e eofon eG Go#s serPera Mhate1er
pose organized, on May first of the
calendar year next FOLLOWING the
aan 81 P pre- or he sh eurpcga s y de-
termining the amount Of tax to be
paid shall be ascertained in the man
ner and method provided by law.
r., Funds derived from the. tax herein
| provided for shall be apportioned; ff-s
!, ty per cent to the state general rev.
| enue fund, forty per cent to the per-.
manent school fund and ten. per cent
to the permanent university fund. The
sgsaspye T6a aw arnyi d 9nf
the provisions Of this section ss
The PURPOSE Of said amendment
to direct the legislature OF the state
an occupation tax upon those engaged
| the business of mining or producing Ire
ore or other ores IN this state, In addtio
20 other taxes imposed by law, at a rat
based UPON the valuation Of the ore pre-
suced. 60 be determined by the legislatui
and to provide for the proportionate di.
1ribution OF such taxes to the gener
revenue fund, the perm anent school fun
and the permanent university fund. SB
The EFFECT Of the amendment,
| adopted, will be to direct the iegislatul
TO impose and keep in effect such a "a
Isupon those engaged in said business; an
lto5reunire that the proceeds of such tas
| 8sss shall he dtstribH tn4stl1e manr1t
state general revenue fund, forty per cet
.s SIS rYsanant school fund, and sc
+ ger &C nj TO the perm anerlt universal
fuis d. sz3
| a.a res ne fully, - s.
cLiEFGRD -. Hit IN,
ttorney General