The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1912-09-21
ACT NO. 10.
JOINT RESOLUTION
Senate Bill No. Z. By Mr.. Shaffer'

Senate Bill No. Z. BY Mr.. Shaffer.
JOINT RESOLUTION
to the people Of the State
of Louisiana, at the C6ngression-
al election to be held in Novem-
Der, 1912, an amendment to the
Constitution of the State exempt
ing from taxation for ten (1O)
years from the date of compile
ton the capital stock, franchises.
and certain property Of all cOrpo-
rations constructing, owning and
operating within the State COM
bined system Of irrigation, navi-
cation and hydro-electric power,
using fresh water streams and
water sheds, provided that each
system sbe completed and in op-
Grafton within five 60 years from
January list, 1913, and providing
further that not less than five
million dollars shall have been
expended in the construction of
each system.
Whereas, the State of Louisiana
has large areas comprising millions
of acres of land that can be reclaim
ed and brought into cultivation by ir
rigation, whereby large additions will
be made to the population and, the
assessed value of the State; and,
Whereas, canals can be construct
ed so as to provide irrigation, naVi
cation and power, and it is the State's
duty to encourage and promote the
organization Of such concerns:
Section l. Be it resolved by the
General Assembly Of the State O
Louisiana, tWo-thirds Of all the mem
bers elected to each house concur
ring, That the following amendment
to the Constitution be submitted t.
the qualified electors of the STATE
for their adoption or rejection at the
Congressional election to be held OF
the first Tuesday after the frs
Monday in the month Of November
1912, as follows:
There shall be exempt from taxa
ton for ten (10) years from the date
OF completion, the capital stock, fran
cbises and property of all corpora
tons constructing, owning and. Oper
ating within the State a Combinet
! system Of irrigation, navigation AM
| hydro-electric power, using fres
water of Louisiana streams, and wat
er-sheds, provided that each system
shall be completed and in operation
within five (5) years from Januar,
LIST, 1913, and provided further tina
not less than five million dollar
! shall have been expended in the con
| struction of each system. No real o
corporal property shall be coVere,
by this exemption except that WhicI
! is necessarily connected with and az
purtenant to each canal system an
! forming part thereof, nor shall thi
exemption extend to the assesse
value that such real estate had q
the time it may be acquired by tn
company; provided that the right c
the State to regulate the diversion
Of it's public waters from their natl
raj beds shall. not be waived by thi
amendment.
Section 2. Be it further resolved
etc, That the official ballot to b
used at said election shall have prin
ed thereon the words: For the pr
posed amendment to the COnstitl
tion of the State of Louisiana e1
empting from taxation for ten Go
years from the date Of cOmpletlO
certain new canals for irrigation, na7
igation and power purposes to b
completed within five years with
capital Of not less than five millio
dollars" and the words: "Agains
the amendment to the Constitutio
Of the State of Louisiana exemptin
from taxation for ten Go years fro1
the date Of completion certain ne
canals for irrigation, navigation an
power purposes to be completed will
in five 60 years with a capital {
not less than five million dollars.
And each elector shall indicate a
provided in the general election law
Of the State whether he votes &c
or against the proposed amendmen
THOMAS C. BARRETT,
Lieutenant Governor and Presider
Of the Senate.
L. E. THOMAS,
Speaker of the House of Represel
tatiyes.
Approved: August oath, 1912.
l.. E. HALL,
Governor of the State Of Louisiana
A true copy:
ALVIN E. HEBERT,
Secretary Of State.
ACT NO. II.
Senate Bill No s. By Mr.. VOeglt
DJTC0T TTTTON