The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1912-09-28

TAXATION TOT ten (lU1 years from tue
date Of completion certain new canals
for irrigation. navigation and power
purposes to be completed within five
years with capital Of not less than
five million dollars, and the words:
Against the amendment to the Constt-
tuition of the State Of Louisiana exempt
ing from taxation for ten (10) years
from the date sof completion certain
new canals for irrigation. navigation
and power purposes to be completed
within five 60 years with a capital
of not less than five million dollars"
And each elector shall indicate as pro-
vided in the general election laws of
the State whether he votes for or
against the proposed amendment.
THOMAS G. BARRET,
Lieutenant Governor and President
of the Senate.
L. e. THOMAS,
Speaker Of the House of Represen-
Approved: August oath, 1912
L. 2. HALL.
Governor Of the State of Louisiana
ALVIN f HEBERT.
Secretary of State.
ACE no. II.
Senate Bill No. s. BY Mr.. voegtle.
Joint resolution proposing an amend
ment to the Constitution of the State
of Louisiana exempting from taxation
LIE siSSdl IGSeIVD VI 1Ile 1uSu1 6iCS Sct1A-
panies organized under the laws of this
State.
Section 1. Be It resolved by the
General Assembly of the State of Lou
isiana, two-thirds of all the members
elected to each house, concurring, That
the following amendment to the Con-
stitution Of the State be submitted to
the qualified electors of the State sfor
gressional election to be held on the
first Tuesday after the first Monday in
the month Of November, 1912, as fol-
lows:
alton the legal reserve of life insurance
companies organized under the laws of
this State.
Section 2. Be it further resolved.
etc, That the official ballot to be used
at said election shall have printed
thereon the words: For the proposed
amendment to the Constitution of the
State Of Louisiana exempting from all
taxation the legal reserve OF life In
laws OF this State and the words:
Against the proposed amendment to the
Cons ton OF the State OF Louisiana
exempting from taxation the legal re-
ganized under u, 3 laws Of this State
And each eIector shall Indicate as pro-
vided by the general election laws OF
the State, whether ne votes for or
against the proposed amendment.
THOMAS G. BARRET.
Lieutenant Governor and President
: - Ne'i<1se L. e. THOMAS,
Speaker of the House of Represen-
Approved: August 24th, I 1912:
Governor Of the State Of Louisiana.
= ALVIN E. HEBERT,
Secretary of State.
House Bill No. g. BY Mrs Roberts
Joint resolution submitting to the peo-
Die Of Louisiana an amendment to the
Constitution reorganizing and remodeline
the States system of assessment and tax
alton.
Section 1. Be 1t resolved by the Cen
eral Assembly Of the State Of Louisiana,
to each House concurrfng, That the fol-
lowing amendment to the Constitution OF
the State of Louisiana be and the same
Is hereby submitted to tbs qualified cleo
election to be held on the first Tuesday
after the first Monday in the month OF
November, in the year 1912, to-wit:
Articie>l.
l. The taxing power shall be exer-
cfsed by the State and by It's subdivls-
ions for public purposes only.
g. The taxing power shall never be
surrendered, suspended, given, conamu-
ishes or municipal corporations shall
grant exemptions from parish or NUM-
cipal taxes for period not to exceed ter
years from date of completion to en-
enterprises, or similar exemption to inn
migrants OF the value added by them tc
vacant property owned and occupied as
homestead, such exemptions shall not be
tablished or substantially begun in good
faith, or to immigrants who have actu-
ally acquired and improved or in good
faith begun to improve their homesteads
General Assembly on behalf Of the State
and the governing authorities Of all sub
divisions Of the State on behalf of such
subdivision, may defer for not more thar
three years the collection of taxes In To-
calfties subjected to overflow or other
public calamity.
8. The General Assembly shall have
power to classify all property for taxa.
ton, and to adopt different rules ane
rates for different classes, but such rules
and rates shall be equal and uniform or
all subjects of the same class Throughout
the territorial limits OF the authority
leyying the tax. All such classifications
shall be based on the characteristics OF
on persons or ownership.
4. EXCEPT in case of foreign invasion
or domestic revolution, the General As
sembly shall not have power to levy
four per cent; but the General Assembly
shall not exceed the rate Of two and one
half per cent except by vote OF two
thirds OF all the members elected to each
house thereof
Article III.
1. The sources of State and local rev.
enue shall be segregated and, except as
hereinafter specified, or as may be here
after permitted by vote of two-thirds
of all the members elected to each House
Of the General Assembly, each taxing
authority shall be restricted in taxation
to its own sources Of revenue as herein
3. Until otherwise provided by vote
Of two-t1afrds OF all the members elected
TO each House of the General Assembly.
the following shall be the sources Of
State revenue:
1st. The special taxes hereinafter pro-
vided for
End. All corporations, private persons
and unfncorporated associations that OPP
crate any railroad falling under the juris-
dfctfon Of the Railroad Commission OF
I Louisiana: street railroad; combined
street railroad and electric light and
poWer business: heating or refrigeration
plant fnot inclusive of cold storage
pIant); telephone line; telegraph line.
whether wireless or otherwise: express
line, dining car, sleeping car, oil car, re-
frfgerating car. or cars for any other pur-
pose operating upon railroad In this