The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-09-05
,.,,,,,s and undivided profits.

and persons, firms ana 's ga
.ociatio,,- engaged in the insurance ~
hondins .ta sarety business. exclua' &C
;no however, fraternal insurance con'' a.
nonies and associations, shall be 'aA' =
ed m a percentage of their gross ~
,,remiums received upon their DuS' "
mess done in this State, less return y
premiums and reinsurance in compa' ~
MOS or associations authorized to 40 y
business in this State. The percent. t
900 aforesaid shall not exceed thiee Q
uer cent for all branches OF lnsui- r
ance bonding and surety business,
except life and industrial 1nsufa annt .
and shall not exceed two per 49, 49,
for life and industrial insurance: l nc
snecial taxes to support the Office VI
ire marshal and fire prevention Du.
reaus shall not be deducted from Tue
nremiums hereby authorized TO 1e
taxed. When by the laws of any oen'
or state or country any taxes, ilhe's
nenalties, licenses, fees, deposl's ~
money or of securities, or other ON,
cations or prohibitions are imposed
on insurance, bonding or surety con
NAMES of this State doing business
r. such other state or country, or up,
m their agents therein in excess VI
: snch taxes, penalties, fees, licenses
: deposits of money, or of SECURITIES,
. mr. other obligations or prohlDltlons
y imposed upon such insurance, oonu
) ;na ~ snratv companies of such otn'
Il y or state or country, so long as sucIl
u laws continue in force the same w
= legations and prohibitions OF Whatso'
g ever kind may be imposed Dy anu
. General Assembly of this State upun
insurance, bonding or surety coupe coupe,
m MES of such other state or county
ID doing business in this State.
N Z irrigation canals shall be taAe .a
-, on a percentage not to exceed w.
" ner cent of their gross receipts, onl ny
he e svch real estate and the buildings
mt and structures thereon, rights OF way
to machinery. tools and Implements a.
re- are necessary to the operation .
of any canal shall be included ~ a.,
M covered by this tax on gross recelp.s
.ty All other real estate and persona
of nronerty of the owner of any cand
he shall be locally assessed and taAeu'
be & All sugar refineries. rice mus
the cotton seed oil mills, cotton seea o
yer refineries and refineries OF petroleu'
es' and it's products shall De asseSseu '
IT. the fair market valuation. j.,
ne q Until otherwise provided ny u
lca General Assembly by vote OF wv
OIL thirds If the members elected
ers each house. all operating mines
snlnhnr. salt or other minerals. all
OF or Gas wells, all stone quarrles, san
any Gravel and shell pits shall be TAX
Sc. mon a percentage of the gross va
t. of the product at the NOUN -; " ~
At mine. we'll, quarry or pit: Inns y
dis centage shall not exceed i've !
/ or cent for sulphur; three per cent
the salt: two and one-half per cent
sion iii and gas, and two per cent
cute rock and other minerals, inclusive
nee Gravel sand and shells. This
J. A shall not apply to the product OF
off, mines quarries or pits or OIL OF
'ect' wells, where the owner. otnel T"
I'M public service corporations, uses
mis- same for his personal purposes
does not sell the same or us !
ducts or manufacture the same !
another product for sale. Wnere q
90. al sand or shells are taken from
~. hoda of public waters, ORION sne
'.ho,, not subject to private ownership,
I Ist General Assembly may levy spe
i be- taxes per cubic yard Of material ;.
first en- out and mayNlevy dn1eren a.t :
and ial tar for each Of said oDJects
first taxation. The Government OF
year. limited states for any purposes,
ahall contractOrs engaged in the cons!
; for ton Of any public work for the :
,sess. ~ For the United States solely
local tha nnrnoses Of such public work
spec. authorized to take free from Taxa
y the Gravel. she'll or sand from the !,
,rwiae - nmhlic waters and the public sh
> sub ~ the state. Every citizen OF
- dis. Stoto shall have similar rign
ltions, take such materials Tor MS Wv" u,
all be sonal use free from taxa'lon, y
Mt CO thew are taken for sale. All
j. and personal property OF the ov
shall | of such mines, wells, quarries an
,roner. eYcent machinery, tools and \
rately, ments absolutely essential 10 III
! have GRAFTON of any mine, oil or gas
Mission stone quarry, sand. gravel or
zorro. bit and except the products
. both selves while in the hands OF IN.
SEES. to Queer, shall be locally assessed
pts, or taxed.
interest 10 All real and personal prl
Y other reserved for local taxation SUI
assessed at such percentage
ha as. exceed 100 per cent Of its fair
s,,o.s ket value as each local gov
!, noiuea' authority may establish, and
4 s, !; aeIs nercentage may be establishe
lu ~ 100, personal than for real proper
" taxed for the values of Improvement
ions Of for land VALUES "a. - 400,
IN their H. In all assessments " -"
~ had erty whether for local or Tor
az the nurposes, the value Of the LAM
h. assessed separately from tn
,de only Of the improvements; but "a
' ded nro. nine line and canal rights OF
hv the whether held in fee or undel
ockhold- ment, may be assessed sep !,
from or together with, the N
!, : e;rme ments thereon as the Tax Com
ing Qsa .llms NAV deem most practicable.
10 shall - Assessments shall be a.
:4.l u,arro nh;callv as far as pOsSlk