The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-09-12

Z u y' - ~ - go ~ HI q
beginning January i, 1911, and theil
!, travelling expenses, not exceeding ;
maximum amount to be fixed from
: time to time by the General Assem-
bly,, an itemized account Of which
. shall be rendered in an annual re
port.
Il 5. The chairman of the first Com
mission shall be named by the ap
pointing Board and serve until the
expiration of his term Of office, and
thereafter the Commission shall Sc
lect its own chairman.
6. The Commission and the indiyid
ual members thereof shall perform
such duties in respect to assessment
and taxation as are herein prescrib-
i ed, and such other and further du-
ties as the General Assembly may
from time to time prescribe.
| Z. The General Assembly shall pro
| vide said Commission with an ade-
quate clerical force.
| 8. The Commission shall have pow
err to adopt and enforce such reason
able rules, regulations and modes
OF procedure, not inconsistent with
law, as it may deem proper for the
discharge of its duties, and to hear
and determine complaints that may be
made against assessments, and other
Of its acts, required or authorized by
law.
9. The Commission shall have pow
er to summon and compel the at
tendance OF witnesses, to swear wit
nesses, aud to compel the production
Of books and papers, to take testimo-
! ny under commission, and to punish
| for contempt, as fully as is provided
by law for the district courts. The
General Assembly may provide 9th
err penalties for violating the orders
Of the Commission.
TO- If any person, firm, association
or corporation shall be dissatisfied
with the assessment made or action
taken by the Commission, such party
may file a netition setting forth the
cause of objection to such assessment
or action of the Commission or to
either or both in a Court of compe.
tent jurisdiction, at the domicile of !
the Commission, against said Com
mission as defendant. Either party
may appeal to the Supreme Court of
the State without regard to the
amount involved; such appeals to be
returnable within ten days after the
date that the decision of the lower
Court becomes final. All such cases,
both in the trial and appellate court,
shall be tried summarily and by pre-
ference over all other cases. Such
cases may be tried in the court of
the first instance either in chambers
Or at term time.
II. No bond shall be required of
said Commission in any case in any
court, nor shall advance costs or Sc
'urity for costs, be required of it.
II. It shall be the duty of the At
orney General, and the various dis
riot attorneys, on proper request or
Erection by the Commission or the !
Governor, to aid the said Commission
D all legal matters, and to prosecute :
nd defend all cases in accordance q
18th such requests and directions. A 6
allure on the part of such law Off.
ers, when so requested or direct
1 to perform the duties here I'M. v
Dsed upon them, shall constitute mis- y
sasance in office. ;
Article vi d
/. After January list, 1914, all as. e,
for all State purposes, ex. b.
.pt as hereinafter provided, shall n
J completed on or before April list G
each year, and the taxes shall be- IA
me due and payable on the first a,
onday in June Of each year, and 10
all become delinquent on the first to
onday in September in each year. II
lch parish and municipality shall ~
We the right to fix the date for Il,
Q completion Of its local assess or
ents, and the payment of its local tn
xes and licenses general and spec A.,
|. until otherwise prescribed by the o.
'neral Assembly. Until otherwise RI
divided, existing laws on these sub Of
cts shall be operative. Levee dis s.
ct taxes and forced contributions, to
elusive of produce taxes, shall be 80
sessed and become delinquent CO ~
with parish taxes. o or
2. Public service corporations shall of
assessed on their physical proper ex
and on their franchises separately, m,
t the General Assembly shall have or
Wer to direct the Tax Commission st,
assess the property of such corpo- pit
lions at a valuation including both So
ysical property and franchises, to du
determined by gross receipts, or "a,
dividends on stocks and interest
Id on bonded debt, or by any other 70,
ailable method. ~
). Incorporated banks shall be as ex
'sed by assessing the stockholders Ike
the book value of the stock, i. e., au
pital stock, surplus and undivided pc,
ofits less the assessed value of real pei
ate locally assessed and taxed, for
less such further deductions of for
| less than five per cent on their /
MS. and discounts to cover bad ert
DTS and unearned interest as the pul
neral Assembly may prescribe, be
ich deduction shall be made only of
m their surplus and undivided pro. pip
}; all taxes to be paid by the VIII
ks and charged to the stockhold- me