The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1912-09-20

junction with any street l"H'Vau ."m "a X
pr"C''aIN severed lt,ii, l'.e ".sesement :
,"'" paSll''S2 IVt ia", si.n he made by
ln"n rHrh severance S"dn ng ninrfr1a q
II" TAX tniIlnlSSio. AN" ~ 80 a -
NGit and power business S''s'" "o' ' =.
source 81 state revenue. , >-,.;,,oI
"rd All banks, HIa'e ana N%t.'tj a.
including savings banks. tNSl Dam 81.
trust companies. and all private Dahneio.
whether luilNlduhlS or raI',,'i St'rS, 80
that tie real estate ni an p""N9 "a
bankers %""H ne locaN TO- raaI
taAed lhs hSSeSS''l' MS ot U ,L,u ha
estate OF banks ana l'Hkg'N -
"gua'i2"a auhHHlE ny lG' IN ',,,e,1a
sion I" the basis "SiA"'iNneo anu J." 49,"
in each lotahlN Nhei" s0'h re-" eS'''' :.
IS located !,,,
1ih. Al insurance to.hWh'9 l'lN ~
ing bonding and surety r.ihl'"WS' lo,
"ign or domestic. ana .' leFS"n IN, ','s !
.u1r;Hci shrS engage In assuring P''H'.N
I or property. save that III j'T fe.ll so" :
IaN' corpor'aj properly 81 sven G',''1l,,,,I =
persons or partnerships St4h ue Io'""'
/ ass"sEed and taxed. Nv
''h Al sugar FrHhr,''N' .'' :, 'Ir,,' :
cotton seed oil mills, COTTON S"r' o" iS
( Hncr"' and T"'WHil'' OIL ''l''."r" "," 6
|lfe p"'9''@ y sugar lG',, u Nv, ,
i"rm"i t. !" concern mat hHFS ana re-
fines raw sugar exclusively or 1t concern
'th0r nnvs and retnes NOV" raw %"S2,
I'Mo IN" '""EfGa'" "' '!' TnN'l p''"I' -,
thv II from cane grown ana puFc'ASeu o'
9Th, All mines Of sulphur, salt nr o,Ler
minerals all oil or cas- WeHS, Az STONE
Qu9Ti"e. Sand, gravel ana shell lAts'
3. Only tn" operative property OF NIate
Ieource' "f rc'onu" SAaI he se%reGa'e4 ~
the state. The General ASSemNF Sn ,t
define, in \ manner not inconsistent WIN
I'nN PROVISIONS "I inns a'rrHohrnl' M, oh
the operative nro0erty of each Sn'h
source ie. Real estate and the improve
ments 'her"on forming part 81 any ra,,-
, al
nous" or shop, acquired after july Il.
: 1"12. even though it may form rnrt OF
: the operative property Oh any It" L..
shall not be considered a SQUIRE" Of Sl'.e
r"yenue rHcep. ~ C"tS,o,4y'''TTr 5d ' Taen
prior to said date. part Of a railroad ter
minal. depot. yard, warehouse or shop
4. All otl-r rrorerty subject to taxa.
ton, eNcc"t as herein Sne'lre" OF eA Vete
as may hereafter he directed by a vote
of two-thirds of al the members elected
10 each house of the General Assembly,
shall he sources Of local taxation
Article Ill.,
mi. c.,..,, ,,.o,,tI,, sboII have mower
IN" Genera. ASSe,, ,,, S' ,b 40 foIrnV,ins
70 lcNI 10y N'"'e pu'PoSF' '"'
A., .ro,..o, of etocl,s in
! corporations not u eN'ee'
+ share.
" .. A tax on the organization Of do
II nestle corporations, organized for proht,
/ excepting banks. fraternal insurance
5 ror1naniec. and building and loan or
70 hothE9,tau i T." nt 70 avcae1 ONE
/ Ten uol,5IS ma raaS nom, If tho anthor-
: lied capital stock and surplus Wmch taf
Il shall be levied upon increases of capltai
- stock as well as upon original issues
'T ganized for profit, for the privilege OF ex-
~ ercfsing corporate functions, not to e&-
re coed one twentieth of one per cent per
IN annum on the outstanding capita! stock
" and surplus, excluding banks, fraterna'
and ffe insurance companies and build
in, ana loan or homestead associations
&c no such tax to be less than five dollars
o. On foreign corporations this tax shh ,
be levied on such proportions or their
~ capital stock and surplus as Is used IN
er this State in intra State business II,
o1 lien Of the franchise tax on capital anu
ed surplus life insurance companies, foreign
he and domestic not including fraternal in
all emrance associations shall pay annually
n fat fee of $4,000 plus $3.50 on each
he $40 COO 90 of premiums collected In LOUIS
he lara GmLL's VIC = "a ,.oTorar, tax on all
ma automobiles and taXicahs and also on
re- all other auto driven vehicles used Ior
" TRANSFORMATION Of persons or freight tof
e" hire, with permission to the local govern
cO- r7ant Of the residence Of the owner "a
OF revv an annual license tax not to exceed
or * 90. One-half of the proceeds of this
ctata tay collected from each owner shall