Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1950-10-20
honorable Mike Holm
Secretary Of state
June g. 1850

honorable Mike Holm June Q, 1850
Secretary Of state
Dear Mr.. Holm:
Pursuant to Minnesota Statutes iSI0
! 81, there IL transmitted to you here
with, In accordance with the require
ments OF said statutory provision, q
statement Of the purpose and effect OF
the amendment proposed by L. 1919. 9.
The proposed amendment relates to
the repeal Of Article Nv. Section 80 (b)
OF the Constitution Of the State OF Min
nesota and the modification OF Article
VIII Section J, thereof. 50 ~ 10 pro-
vide the manner OF the disposition Of
the principal and Interest from the net
proceeds Of the use, sale, OF other dis
position Of all 1stAteD lands"
The four present state funds involved
In the considera ton OF the proposed
amendment are known ~ the internal
Improvement fund. the school fund, the
university fund and the swamp land
fund, Provision for the creation Of an
additional fund. TO be known generally
as the forestry revolving fund. In con-
talned In the proposed amendment.
The Internal Improvement fund 10
now governed by the provisions Of Ar
ticle ". Section - 90, Of the consti-
tuition Of the state Of Minnesota. This
section. - t6), which would be re-
pealed u the proposed amendment 10
adopted, reads A. follows:
An lands donated to the stats
o. Minnesota fer the purpose % In.
tsrnAI Improvement. under the
eighth section o. the act of Con.
uresa, approved September fourth,
eighteen hundred ard forty ere,
being An act 70 approprlSts tire
lands, and 20 grant prs.sm ptloa
Fiahts,' shall be appraised and Sold.
In the same manner and by the
SAME othesrs. and the HaInlmYm
Vldsd BY Law for the appraiSsnsnt
and safe Of the school lands. under
the provisions % the title ore ~,
chapter thirty EIGHT, o. the General
Statutes, except the UrodiHeationa
hereinafter mentioned. All moneys
shan be inNested In the bonds %
the United States. or % the state
% Minnesota isoUsd since $780, and
the moneys 90 invested shall con.
Stituts the lntsrnal improvement
land Fund % the State. An moneys
received By the county treasurer
under the proNtsions 81 title ore
~, chapter thirty eight (Ssl,
aforesaid derived tronn the safe o.
Internal lnproNsHssHt lands. shan
be held % al times subject g the
order ana direction % the state
Treasurer, for the beneht 81 the
fund 20 which II bslonasi ara On the
~ 1850 :, sv eSy chs: SS dime. a. 5. wsy
- requested - % % ~ the state
treasurer, Ne shan pay ever 70 the
aatd stats treasursr ali roneya -.
esiVsd 90 See0Oat % such tIad.
THE beads purehased - aeeerd.
aaes with this amendment SHAH bs
traHsfsrable oHiy Upoa the order ~
the governor, ara % each bend
shall 81 written minnesota Internal
Improvement land Fund ~ the
stats, tTansfsrabis cary o. the e.
49, a. Nhn 00NarOoFs
~ internal Improvement ianos shall
net ba reduced ~ any charges -
eoats ~ osacsrs. ~ tees, Or ~ any
othsr means WhatsVsFi ana section
.stsz tsoi; e t,sl' Ss' q, sn' s sssss.s
ss,ssy ss ~, 8. sss s 80 =
thS proVtsions ~ this SHsn6pert,
ava wherever tire words HocAool
laSds' are iced IN said title. n shau
read Aa apDiieaels % this anssSd-
newt. 'iStsrHsl lnproNsmsat
=Tss asasys ssIsassss 70 ths ~.
tsrHsi InaproVsaasat Laad Fua1
Shan aoe - aoproprtatsd tor Say
puFpoae uhatsVer Uatil tho oAaoe-
EseSt tor thst p0rposs shsn eaeo
ess. asSss, e s 20. 1890" sss'.S g q 80
SSsSsI SsnsraI Sisctios tsIisWiaO
tRs passage ~ TIE ast.
sIhS gspea ~ this amendment
shAn - 70 aathort1s the sals - tie
laternai inaprosea,eat laaoe. Sith.
60 tsrtsss 'sP,sssssst yS snse ss,sS. +,
q Ire consfitution rslAtsa 20 scbool
iABa funds and swamp land tunds u
-Tas prosssds % sssA Isess %
&c 49, s.s.", c:s, ~ - = Sc ssr s:s