Gambar halaman
PDF
ePub

SESSION LAWS

OF THE

STATE OF MINNESOTA

PASSED DURING THE

FORTIETH SESSION

OF THE

STATE LEGISLATURE

AT THE SESSION COMMENCING

JANUARY 2, 1917

PUBLISHED BY

JULIUS A. SCHMAHL

SECRETARY OF STATE

[ocr errors]

STATE OF MINNESOTA

EXECUTIVE DEPARTMENT

PROCLAMATION

Whereas, The Legislature of the State of Minnesota by an act entitled :

“An Act proposing an amendment to Section two (2) of Article eight (8) of the Constitution of the State of Minnesota, authorizing the setting apart of a revolving fund of not over two hundred fifty thousand dollars (250,000) from the school and swamp land funds to be used in constructing roads, ditches and fire breaks in, through and around unsold school and swamp lands, and in clearing

such lands." proposed to the legal voters of said state for their approval or their rejection an amendment to Section two (2) of Article eight (8) of the Constitution of the State of Minnesota, which amendment when so approved shall be added to the present Section two (2) of said Article and shall read as follows:

"A revolving fund of not over two hundred fifty thousand dollars ($250,000) may be set apart from the fund derived from the sale of school and swamp lands, to be used in constructing roads, ditches and fire breaks in, through and around unsold school and swamp lands and in clearing such lands, such fund to be replenished as long as needed from the enhanced value realized from the sale of

such lands so benefited”; And Whereas, Said Legislature by an act entitled :

"An Act authorizing an amendment to Section six (6) of Article eight (8) of the Constitution of the State of Minnesota, relating to the investment of school funds and authorizing the investment and loaning of school funds on

improved farm lands within this state"; proposed to the legal voters of said state for their approval or rejection an amendment of Section six (6) of Article eight (8) of the Constitution of the State of Minnesota, which section when so amended shall read as follows:

"Sec. 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, and in first mortgage loans secured upon improved and cultivated iarm lands of this state. But no such investment or loan shall be made until approved by the board of commiswoners designated by law to regulate the investment of the permanent school fund and the permanent university iund oi this state; nor shall such loan or investment be made when the bonds to be issued or purchased would make the entire bonded indebtedness exceed 15 per cent oi the assessed valuation of the taxable property of the county, school district, city; town or village issuing such bonds; nor shall any iarn loan, or investment be made when such investment or loan would exceed 30 per cent oi the actual cash value of the farm land mortgage to secure said investment; nor shall such investments or loan: be made at a lower rate of interest than 3 per cent per annum, vor for a shorter period than five years, nor for a longer period than thirty years, and no change of the town, school district, city: village or of county lines -hall relieve the real property in such town, school district, county, village or city in this state at the time of issuing oi such bonds irom any liability for taxation to pay such

bonds”; And Whereas, It appears from the official canvass of the votes cast at the last general election held in the State of Minnesota, on the seventh day of November, 1916, for and against the aforesaid Constitutional Amendments, made in conformity with the law, that a majority of all the electors voting at such election voted for the adoption oi these amendments;

Now, Therefore, I, J. A. A. Burnquist, Governor of the State of linnesota, by virtue oi the power vested in me, and in compliance with the law, do hereby publish and proclaim that the proposed amendment to Section two (2) of Article Eight (8) and the proposed amendment of Section six (6) of Article eight

). of the Constitution of the State of Minnesota has each been ratified and adopted in the manner prescribed by the Constitution and laws of this state.

In Testimony Whereof, I have hereunto set my hand and caused the Great Seal of the State to be hereto affixed this 29th day of November, 1916.

J. A. A. BURNQUIST,

Governor'.
Attested:
JULIUS SCHMAHL.

Secretary of State (Great Seal)

SESSION LAWS

OF THE

STATE OF MINNESOTA

PASSED AND APPROVED DURING THE FOR-
TIETH SESSION OF THE STATE LEGIS-
LATURE, COMMENCING JANUARY 2,

1917

۔

CHAPTER 1--S. F. No. 4.

[ocr errors]

An act to appropriate money for the payment of the salary of the Lieutenant Governor and the salary and mileage of the Members of the Legislature and for the payment of the per diem of the officers and the employees of and all the other expenses of the legislatureincluding payment for necessary supplies therefor. Be it enacted by the Legislature of the State of Minnesota :

Section 1. Appropriation of $125,000 for legislative expenses. -That the sum of one hundred and twenty-five thousand dollars ($125,000.00) or so much thereof as may be found necessary, be and the same hereby is appropriated from the revenue fund for the payment of the salary of the lieutenant governor and the salary and the mileage of the members of the Legislature and for the payment of the per diem of the officers and the employees of and all the other expenses of the Legislature—including pay. ment for necessary supplies therefor.

Sec. 2. This act shall take effect and be in force from

and after its passage.

Approved January 9, 1917.

« SebelumnyaLanjutkan »