St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1891-10-24

pald up, and which cooperation shaf h
and continue during the period Of thaS
eontract, and shall have oil the riehta
and powers possessed BY corporatioua
GeneFally, g defined BY the preaent
Civil Code Of the State, and shan be
liable for the moneys herein directed to
b paid to the Treasurer Of the State.
and for al prizes to be drawn In said
lotteries, and shall be entitled to re-
ceive semi-annually from the persons
conducting the business under this con.
tract atty per cent. Of the net profits OF
1.-The said business, and In consideration
OF the payment Of said sum Ut thirty.
one million two hundred and nfty thou.
aand dollars, In installments q afore.
said, said corporation and the shares
of stock therein and the business auth.
orixed BY this contract and the revenues
and receipts thereof, shall be exempt
| from all taxes. dues, assessments. i'm.
positions and liceAsss Of any kind what.
ever, whether State, parish, municipal
or otherwise. The powers Of said cor.
p0ratl0u shall be vested In . boart of
directors to consist Ut seven persons.
who may make and establish rules and
bylaws for the proper MANAGEMENT and
regulation Ut its aGAirs. The persons
signing said declaration shall constitute
the f1rst board Of directors and shall
serve for the term Of one year from the
time OF the ding Of said declaration
and until their successofs are duly %.
pointed.
All lotteries other than those author.
ized BY this article are prohibited In
this State, unless BY similar amend.
ment 70 this Constitution and for not
less than one million two hundred and
1fty thousand dollars per annum. All
provisions Of the Constitution and laws
Of this State Inconsistent or In any way
conflicting with this article are declared
TO he superseded hereby.
Sac. 3. BE Il further enacted, That
Il shall be the duty OF the SECRETARY Of
State to publish the foregoing proposed
amendment In accordance with the pro-
visions OF article two hundred and nifty.
ak OF the Constitution, within thirty
days after the 1rst dar Of January In
the year eighteen hundred and ninety.
one.
SEC. 3. Be Il further enacted, That
at the next general election all electors
who desire 10 vote for laid amendment
shall write or print upon their ballots
the words, "fos the Levees, Schools,
Charities, Pensions, Drainage, Lot.
eeries and G0aeral Fund amendment.'
and all electors who desire to vote at
saic election against said amendment
shall write or print upon their ballots
the words against the Leyees,
Schools, Charities. Pensions, Drainage.
Lotteries ami General Fund amend.
ment."
SEc. Z. BE Il further enacted. That
III o61cers charged with elections or the
conduct Of the returns thereof under
he general election laws, shall at the
line they give notice Of the eaid gen.
raj election also give notice Of the
laection herein ordered for the adoption
y rejection Of the proposed amerd.
nent, and shall without other direction
n authority than n herein contained
make due returns Of said election IN
Uniformity with the general election
avs IN 20 far - they are not ineonsist.
mt with or In coo1ict with thia oct.
(Si&ped1 S.P. HENRY,
'peaker Of the House Of Represcnta-
tives.
CSigned] JAMES JHFFRIES,
lieut.. Governor and President Of the
Senate.
Witness my hand and tie seal Of the
~ State Of Louisiana, at the city
s.Ar Of BATON Rouge, this 29th day
Of August, 1891.
Secretary Of State.