The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1922-10-19


ST. PAUL, MINNESOTA,
OFFICE OF ATTORNEY GENERAL,
HONORABLE MIKE HoIM, ' ~
Secretary of State,
Capitol
AS required by section 46, General Sta
tutes of the state of Minnesota for the
year 1913, l 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
Of Minnesota by the legislature Of 1921
and which are to be submitted to the
ton in 1922.
PROPOSED AMENDMENT NO. ONE
:or the year 1921 proposes an amend
ment to section 10 of article of the
constitution of said state Said section
how reads follows:
The credit of the state shall never
be given or loaned in aid of any in
dividual, association or corporati ton.
Nor ; shall there be any further issue
state railroad bonds under what
purports to be an amendment to Sec
ton ten of article nine. of the consti-
tuition, adopted April IS, 1858, which
tuton SavnP tf9 hf
ing to the state nevertheless, all
rights, remedies and forfeitures ac-
cruing under said amendment"
If amended, said section will read
as follows:
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
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 the constitution, adopted
April Is, 1858, which is hereto ex-
plunged from the constitution saving.
excepting and reserving to the state.
nevertheless, all ri ghts, remedies and
forfeitures accruing under said
amendment. Provided however, that
for the purpose of developing the agri-
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
P he bonds ITO to RroXde f to
ness contained in section 5 of this ar
ticle shall not apply to the provisions
OF this section, and the purposes for
whch the credit Of the stats or the
thereof may. be given or loaned as
herein provided, are declared to be
public purposes"
me CHTOoG OF Salo anendmeht IS Il
develop the agricultural resources Of the
state by authorizing the lending Of money
and credit of the state to the people upor
real estate security.
adopted, viii be to author is the Snact.
ment Of laws by the legislature fo1 the
establishment and maintenance Of sys.
tenn OF rural credits. The legislature vii
Issuance and negotiation of bonds Of the
state to be loaned upon real estate secur.
'ty TO the people Of the state, and will be
enabled to prescribe the terms and con.
ditions upon which such money may b.
lent and such credit extended. There Will
be no limit Of Indebtedness in this respect
and the state will be enabled to Issue anc
negotiate as many bonds for this purpose
as 1t deems advisable.
PROPOSED AMENDMENT NO, TWO
Chapter 52s, Session Laws Of Minnesota
for the year 1921, proposes an amendment
to the constitution of the state of Mime
sofa by adding a new section to article 8
to be known as section LA, to read as fol.
lows:
Every person, partnership, COM
pany, JOINT stock company, corpora
ton or association, however or for
Wha t purpose organized. engaged
ducing iron ore or other ores in this
state, shall pay to the state of Min
nesota an occupation tax on the val
which tax shall be in addition to ali
other taxes provided by law, said tax
to be due and payable from such per-
son., co-partnership, company, joint
stock company, corporation or asso-
citation however or for whatever pur-
pose organized, on May first of the
- calendar year next following the
afon Of Of }oI thereof The val
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; fif-
ty per cent to the state general rev.
enue fund, forty per cent to the per-
1nanent school fund and ten per cent
to the permanent university fund The
legislature shall by law make the
necessary provisions for carrying out
the provisions of this section
to direct the legislature Of the state Of
Minnesota to impose and to keep in effec,
an occupation tax upon those engaged ir
the business OF mining or producing lror
ore or other ores In this state, in addition
/ based upon tho valuation Of the ore pro.
duced. to be determined by the legislature
and TO provide for the proportlonate dis.
trlbutton OF such taxes to the general
; revenue rev 1e fund. the permanent school fund
s. The EFFECT Of the amendment, n
adopted, will be to direct the Legislature
to impose and keep In effect such a tax
upon those engaged In said business; and
20 REQUIRE that the proceeds Of such tax
e shall DC distributed In the manner
state general revenue fund, forty per cent
to the permanent school fund, and ten
per cent 70 the permanent university
81 Yours respectfully,
CLIFF Rn Is. Hill TOM,