St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-09-03
CONSTITUTIONAL
AMENDMENTS
ACT NO. 2.
senate Bill No. /.
A JOINT RESOLUTION

NJ
ioposing an amendment to the Const;tp+;o,
ment he state OF Louisiana for the assess.
Pa PAM iexy and collection of a tax in the
isiana' in s Gdie al and the State Of Lou.
exposition exposition in the city Of New Orleans 70
CepTate the completion of the Panama
direct,ons aiu TAX to be expended under the
t;as ectIon OF the World s Panama Exnosi
Zion Company HAposi'
A. ssstjpR l. e it resolved by the General
thirds Of all members elected to saeh two
st!Iutlon OF the State of Louisiana he suh.
for ITO 70 tne qualified electors of the State
bv a reir approval or rejection as required
St.t afhcle 32l of the Constitution Of the
s S.ate OF Louisiana at the Congressional
foiioWing' TO pc pc held on the first Tuesday next
1910 as follows: -'eoei'
The Worlds Panama Exposition COMPANY
act befo Deen ps organlzed as corporation by
Public, on the 9Th day Of the month ~
April. 1910, for the purpose Of promoting az
Orleans IN tba at s or near the city of
held in celebration of the completion Of the
Panama Canal:
Panams ERnpposi q adns to said
cate and build at or near the city of New
an exposition pos in celebration of the
ax OF three eighths " } of one mill on the
Collar in all parishes of the State of Louig-
lama outside of the Parish of Orleans, and
VI siA-elgHtnS (b-S) mill on
the dollar in the Parish of Orleans, State Of
Louisiana, be and the same is hereby levied
on al property subject to State taxation in
the State OF Louisiana and Parish of Or.
leans, beginning with the year 1911 and
collected annually in the year in which it is
Levied l, until -Four Million 100000 Dol
4 lar T shall have been collected and paid into
The tax thus levied shall be assessed and
collected without costs or commissions in
the various parishes throughout the State
and n at Traa in fho
collected and paid in.
other taxes now authorized by the Com
etitution.
The money realized from the collection
Che State treasury as other State funds u n.
til 1t is finally decided by the Sixty first
Or sixty-second Congress of the United
herein set forth will be held at or near
the City of New Orleans. When this fact
is thus definitely determined, then the money
out BY the State Treasurer upon the warrant
lot the Worlds Panama Exposition Com
pany approved by the Governor, Treasurer
them for the purpose of securing site and
for tho construction, equipment and main
tanning Of 1.-The exposition.
provement ts situated thereon, and ali moneys
or other assets of said Worlds Panama Ex-
position Company shall be exempt from all
State, Parish, municipal and special taxes
while being used for said exposition pur-
poses
Jhe tax herein voted for the purposes
herein stated shall constitute q binding con-
The worlds Panama EXPOSITION Company Of
Louisiana. and shall continue in force until
the amount herein stated shall have been
The Worlds Panama Exposition Company
shnIl on demand. render account to the
Governor. Treasurer and Auditor of the
State for all money received by IL from
the State Treasurer.
If upon the collection OF the last year .
taxes more than Four Million ($4000,Ooo)
Dollars shall have been raised, or If after
collecting q portion of the taxes herein pro.
yided for it shall have been determined
chat NO exposition will be held at or near
the City Of New Orleans in celebration of
The opening of the Panama Canal, then what.
ever money is collected, In excess of the
-Four Miiion SSaU per oDey is Collected and
paid into the Treasury before it is definitely
determined that no exposition shall pc nsla,
the various parishes, and the Parish Of Orleans,
In nronortion to the amount contributed by
.a.b Me- funds thus received by the vari.
ans parishes of the State, including all funds
Visions Situss of u the charter Of the worlds Pan.
ANA Exnosition Company, shall be used ex-