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OF THE

STATE OF MINNESOTA

PASSED DURING THE

THIRTY-SECOND SESSION

OF THE

STATE LEGISLATURE

COMMENCING JANUARY EIGHTH, ONE THOUSAND NINE

HUNDRED AND ONE.

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L 1252

MAR 1 7 1930

fund.

PROPOSED AMENDMENTS
TO THE CONSTITUTION OF THE STATE OF
MINNESOTA, TO BE VOTED ON AT THE
GENERAL NOVEMBER ELECTION
IN THE YEAR A. D. 1902.

H. F. No. 353. An act proposing an amendment to section sixteen of Establish

ing road article nine (9), of the constitution of the State of Min- and bridge nesota, establishing the road and bridge fund, and authorizing the legislature to levy an annual tax for the purpose of constructing and improving roads and bridges within this state. Be it enacted by the Legislature of the State of Minne

sota:

SECTION 1. The following amendment to section sixteen (16) of article nine (9), of the constitution of the State of Minnesota, is hereby proposed to the people of the state for their approval or rejection, that is to say change section sixteen (16) of article nine (9) of said constitution so that said section sixteen (16) shall read as follows:

Section 16. For the purpose of lending aid in the construction and improvement of public highways and bridges, there is hereby created a fund to be known as the "State Road and Bridge Fund." Said fund shall include all moneys accruing from the interest derived from the investments in the internal improvement land fund, or that may hereafter accrue to said fund, and shall also include all funds accruing to any state road and bridge fund however provided.

The legislature is authorized to add to such fund for the purpose of constructing or improving roads and bridges of the state, and providing in its discretion for an annual tax levy upon the property of this state, of, not to exceed in any one year one-tenth (1-10) of one mill on all the taxable property within the state.

Sec. 2. This proposed amendment shall be submitted to the people of this state for their approval or rejection at the general election occuring next after the passage of this act, and the qualified voters of the state in their re

iv.

spective districts may at such election vote for or against said amendment by ballot; and the returns thereof shall be made and certified within the time, and such votes canvassed and the result thereof declared in the manner provided by law with reference to the election of state officers, and if it shall appear thereupon that a majority of all the voters voting at said election for or against the proposed amendment to the constitution, as provided in the next section have voted in favor of the same, then the governor shall make proclamation thereof, and such amendment shall take effect and be in force as a part of the constitution.

SEC. 3. The ballots used at said election on said amendment shall have printed thereon, “Amendment to section

(16) of article nine (9) of the constitution, establishing a state road and bridge fund, and authorizing the legislature to levy an annual tax for the purpose of constructing and improving roads and bridges within this state. Yes—No”; and each elector voting on said amendment shall place a cross mark (X) thus, in a space to be left opposite either the word “Yes” or the word "No," and shall be counted for or against the proposition in accordance with the expressed will of the elector, as provided by the election laws of this state.

SEC. 4. This act shall take effect and be in force from and after its passage.

Approved April 13, 1901.
H. F. No. 100.
Loaning

An act proposing an amendment to section six (6) of school and university article cight (8) of the constitution of the State of Minfunds to counties,

nesota, relating to school funds, education and science. school districts, cities, Be it enacted by the Legislature of the State of Minnelages and sota : increasing

SECTION I. The following amendment to section six ation to 15

(6) of article eight (8) of the constitution of the State per cent.

of Minnesota is hereby proposed to the people of the State of Minnesota for their approval or rejection, that is to say, said section shall be amended to read as follows:

Section 6. The permanent school and university fund of this state may be invested in the bonds of any county. school district, city, town or village of this state, but no such investment shall be made until approved by the board of commissioners designated by law to regulate the investment of the permanent school fund and the permanent university fund of this state; nor shall such loan or investment be made when the bonds to be issued or purchased

limit of assessed valu

V.

would make the entire bonded indebtedness exceed fifteen (15) per cent of the assessed valuation of the taxable real property of the county, school district, city, town or village issuing such bonds; nor shall such loans or indebtedness be made at a lower rate of interest than three (3) per cent per annum, nor for a shorter period than five (5) years, nor for a longer period than twenty (20) years. and no change of the town, school district, city, village, or of county lines shall relieve the real property in such town school district, county, village or city in this state at the time of the issuing of such bonds from any liability for taxation to pay such bonds.

SEC. 2. This proposed amendment shall be submitted to the people of this state for their approval or rejection at the general election occurring next after the passage of this act, and the qualified electors of this state in their respective districts may at such election vote for or against such amendment by ballot; and the returns thereof shall be made and certified within the time, and such votes canvassed and the result thereof declared in the manner provided by law with reference to the election of state officers, and if it shall appear thereupon that a majority of all the electors voting at said election as provided in the next section have voted in favor of the same, then the governor shall make proclamation thereof, and such amendment shall take effect and be in force as a part of the constitution.

Sec. 3. The ballots used at said election on said amendment shall have printed thereon, “Amendment to section six (6) of article eight (8) of the constitution providing for loaning the permanent school or university funds to or the purchase of bonds of cities, villages, towns, counties and school districts. Yes—No”; and each elector voting on said amendment shall place a cross mark thus (X) in a space to be left opposite either the word "Yes" or the word "No," and shall be counted for or against the proposition in accordance with the expressed will of the elector, as provided by the election laws of the state.

SEC. 4. This act shall take effect and be in force from and after its passage.

Approved February 28, 1901.

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