The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1882-01-21
NEW LAWS,


iished synopsis Of the titles and objects
Of the laws passed during the session Of
the General Assembly which expired on
the oath ultimo. Eollewing is state
ment Of the acts passed at the second
extra session which were approved by the
Governor aud promulgated as laws of the
State:
No. !. An Act making appropriations
to defray the expenses Of the session.
The total amount appropriated was 3d.
$40, Of which $4,000 was set apart for
the use Of the Kouse and the remainder
for the Senate.
No. 2. An Act to amend and re-enact
section 6s2 of the Revised Statutes, rela-
tive to the Organization Of corporations
for literary, scientific and religious pur-
poses. The section as amended reads
thus, the only change effected by tho act
being the proviso added to tho first para
graph:
No corporation organized by authority Of
this act shall hold property OF value OK
ceeding three hundred thousand dollars;
provided, that this restriction shall not apply
to corporations organized for the purpose of
receiving and administering donations OF
property for scientific, literary and educa-
tional purposes.
No church corporation or minister Of the
gospel, for himself or the benefit of church
corporation, shall he allowed to accept
1Anu0af made in articnA mOrti0..
No. 3. An Act to provide for the fund
ing Of the interest fund now in the hands
Of the Fiscal Agent, and to accrue, into
bonds of the United States government,
and to provide for the payment Of tue
reduced interest due, and to become due
on tho bonds Of the State. The State
Treasurer, under direction of tho Cover
nor, is required to invest tho interest
fund in the United States bonds, to be
purchased at the current market rate,
and to place the bonds in the keeping Of
the Fiscal agent as a special deposit not
subject to sale or loan. When occasion
requires and the Governor directs, the
Treasurer is to reconvert the bonds, in
such amount A. may be necessary, into
United States currency to pay the re-
duced interest on State bonds which may
be converted or stamped in accordance
with the debt ordinance Of the constitu.
ton Of 1879.
No. 4. An Act to levy, collect and en-
force payment of an annual license tax
upon all persons, associations of persons
or business firms and corporations pur-
suing any trade, profession, vocation,
calling or business, except those who are
exempt from such tax by arti-
cles 2O6 and 2O7 of the constitution. This
act is very long, occupying seven col
umns Of space in the New Orleans Times
Democrat of the 9th lust. The licenses
are graded according to the amount of
gross sales, premiums, receipts, the num-
Der, of persons engaged, etc, as the case
may be. The imposts most likely to be
of interest to those doing business in the
country towns and parishes, are the fol-
lowing: --
Wholesale. merchandising, ETC., from
$50 to $500, according to gross sales.
Retail merchanaizing, etc, from IS to
$500, according1to gross sales. When
gross sales are less than $500 per annum,
the license is S.; when moro than $500,
but less than 10000, the license is 81 so;
when more than $4,000 and less than
SIS. 200, the license is $40, and 80 on to
the highest grade. When liquor is sold,
in connection with the merchandising
business, in quantities of more than one
pint and less than five gallons, the license
is to be doubled, and if liquor be sold in
less quantitiespthan one pint, the license
is to be quadrupled, but no license for
selling liquor in quantities smaller than
one pint is to be issued for less than $50.