The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1922-10-06
Addressed to
Mike HOLM
Secretary of State.

HONORABLE MIKE HOLM,
Secretary Of State,
Capitol.
As required by section 46, General Sta.
tutes Of the state of Minnesota for the
year 1913, I have the honor to furnish
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 SIS, Session Laws Of Minnesota
for the year 1921 proposes an amend
ment to section 10 of article of tbs
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
divtdual, association or corporation.
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
) tuition. saving. excepting and reserv-
Ing to the state. nevertheless. all
rights. remedies and forfeitures ac-
cruing under said amendment"
II amended, said section will read
The credit of the state shall never
be given or loaned In aid of any indi-
vtdual, association or corporation, ex-
shall there be any further issue Of
bonds denominated Minnesota State
HaIiroad Bonds' under wnar purporcs
70 be an amendment to section 40 of
article Of the constitution, adopted
April Is, 1858, which is hereto. ex-
plunged from the constitution, saving,
q, excepting and reserving to the state,
nevertheless. all rights, remedies and
forfeitures accruing under said
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
prescribed by law, and to issue and
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
o. THIS section; ,t and me me purposes t fOr
aforesaid municipal subdivisions
thereof may be given or loaned as
herein provided are declared to be
The PURPOSE Of said amendment IL e
develop the agricultural resources Of the
state by authorizing the lending Of money
and credit Of the state 20 the people upon
The EFFECT Of said amendment, II
adopted, Will be to authorize the enact
msnt Of laws by the legislature for the
establishments and maintenance Of sys.
be empowered TO provide money by the
issuance and negotiation of bonds Of the
state 20 be loaned upon real estate secur-
ny 60 the people Of the state, and will be
enabled TO prescribe the terms and con-
ditIons upon which such money may be
lent and such credit extended. There will
Be no limit of Indebtedness In this respect,
and the state will be enabled to Issue and
negotiate a. many bonds for this purpose
n Il deems advisable.
PROPOSED AMENDMENT NO. TWO
Chapter SIS, Session Laws Of Minnesota
for the year 1921, proposes an amendment
TO the constitution Of the state Of Mime
sofa by adding new section to article 9.
20 be known as section LA, to read as fol-
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-
ducing iron ore or other ores in this
state, shall pay to the state of Min
nesota an occupation tax on the val
uation Of all ores mined or produced,
which tax shall be in addition to all
other taxes provided by law, said tax
20 be due and payable from such per-
son. co-partnership, company, joint
citation however or for whatever pur-
pose organized, on May first Of the
calendar year next following 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; df-
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
legislature shall by law make the
necessary provisions for carrying out
the provisions of this section"
60 direct the legislature OF the state Of
Minnesota 70 Impose and to keep In effect
an occupation tax upon those engaged In
the business Of mining or producing Iron
ore or other ores la tnis state, In addition
TO ether taxes Imposed by law, at a rate,
based UPON the valuation Of the ore pro-
duced. TO Be determined by the legislature
and 20 provide for the proportionate dis
tribution OF such taxes to the general
revenue fund, the permanent school fund
and the permanent university fund.
The EFFECT OF the amendment, Il
adopted, win be TO direct the legislature
t. Impose and keep In effect such tax
uebn those engaged In said business; and
60 require that the proceeds Of such tax
% shall be distributed In the manner
following, to-wtt: fifty per cent 20 the
60 the permanent school fund, and ten
per cent 20 the permanent university
fuad.
Ysurs respectfully,
,st-sl=. CLIFFORD [. HILTON,
- Afforners GAnaPaL