The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1868-11-28
Rates and objects of TaGation.

Ot tCOLLEC1lNGT THE SAME.
Rates and objects Of Taxation.
Sec. l. Be it enacted by the
Senate and House of Representa-
tives of the State of Louisiana in
General Assembly convened, That
an annual Gd UalOrem tax of one
fourth of one per centum shall be
levied upon the assessed cash
value of movable and immovable
property in the State, for the pur-
pose of supporting the Govern,
ment Of this State, to pay the
public debt and promote the pub
lie interest thereof; said tax to be
levied upon the following proper
ty.
First-All lands and lots of
ground lying within this State,
owned or claimed by any person
or corporation, whether patented
or not, including in the assess
ment thereof the value of all
houses, fixtures and improvements
Of every kind or value thereon, or
affixed thereto, all machinery, neat
cattle, horses and mules, when
attached to, and used on a planta-
tion or farm.
Second---All horses, mares, geld
ings, mules, jacks, jennies and
neat cattle, when not attached and
used on plantations or farms, and
assessed in the value thereof.
Third-Allc carriages or vehicles,
whether with two or four wheels,
kept for pleasure, use or hire.
! FOurth-Shares of stocks or
interest in steamboats,, ships, brigs,
| schOoners, and all other water
craft, whether at home or abroad.
| Fifth-All money loaned at in
terest.
| Sixth-All capital invested or
employed each year in trade, traf-
fic, merchandise, or any kind of
|
Seventh-The capital stock of
all banks or corporations doing
business in this State not express,
ly exempted from taxation by
their charters granted by this
State: also from each foreign in
surance company, or insurer, not
chartered by this State, and trans
acting an insurance business here
| in, a tax of one per centum on
! the gross amount of the premiums
earned each year.
Eighth-The property of what
ever kind Of all corporations over
and above their capital stock, and
all money and funds held by such
corporation, in trust or deposit,
or by persons in trust or on de-
posit, for persons or corporations
other than citizens or corporations
of this State, and used in trade OF
commerce, for the benefit of such
persons or corporations.
Property exempted from Taxation
| Sec. 2. Be it further enacted
ETC., That the following property
shall be exempt from taxation:
First-All lands and lots O.
ground, with their buildings, i'm
provements and structures there
on. and all other property belong
ing to the United States, to thi!
State, or any parish in this State
Second-Colleges, schoolhouse'
and other buildings for the pur
pose of education, and their fur
niture, apparatus and all equip
ments, and the lots thereto ap
purtenant and used Herewith, Sc
t long as actually used for tha
purpose only.
Third--Public hospitals, asy
lums peor-houses, and all othe
charitable institutions for the re
lief of INDECENT and afflicted pei
; sons, and the lots appurtenant
with all their furniture and equip
ments, so long as the same shal
be actually used for that purpose
Fourth-Churches, chapels, con
vents and other public building
for religious worship, with thei
furniture equipments, and tn
lots of ground thereto appurtenan
and used Herewith, so long as tn
same shall be actually used 70
that purpose only.
}. Fifth-Cemeteries and grave
yards set apart and actually use
for the purpose of interring tn
dead.
Persons, trades, professions and o.
cupatioes subject to Tacation.
Sec. 8. Be it further enacted
n ETC., That there shall be levie
and collected an annual tax
First-From each male inhah