The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1912-10-05

Snror No., cont for Tho fourth class
and thirraen nor conf for the fifth
cisee Whanaynr the rate Of as
sneeroor+ Iaviod AGAINST anv inhpri.
+onna Iagor, ~, her dor9tion when
Gedmr,ad from said inheritance, le-
o,oo,, ~ ~. otb"r donS+ion wcu1a leave
e. Ianof.cta,,, - smaller not amount
tho, no [roTIi have received had the
inheritance. legacy, or other donation
fallen into the next lower class in
the classification according to amour
If actual cash value. then the rate
o. taxation shall be first calculated
uDOu the maximum amount in said
next lower class, and the remaining
amount Of the Inheritance. legacy,
or other donation shall be taxed At
the rate fixed for the higher class
into which the Inheritance, legacy, OF
other donation falls.
DunIfcatioD Of Entertained taxes as
hafwaon This State and other States,
FOREIGN and domestic shall he avoid
cd nv the excmDtion of corporeal
nrcncrtv belonging IN T. docedont of
thfe State and Situated outside Of
fhis state TO the extent of any in.
hpritancp tax Of such other State;
and bv the exemDtfOn of inc0rporeaI
rights belonging to nonresident de-
cendents, such as shares Of stock III
Louisiana corporations, notes, bonds,
and evidences of debt due by Lou
isiana debtors or bearing on LouIsl-
ana proper W. 70 ','' 1''Al' ,.|, -
all donations inter ViyOs, the doneeS
to be divided into the same classes
hereinaboye defined. All donations
inter vivos to the same person with
in a period Of five years shall be
taxed as if together constituting
single donation.
1egacies and donations inter yivos
to educational religious. or charita-
hla institutions or tn trustees for
educational, religious or charitable
purposes, shall be exempt from this
tax, unless such donation, or legacy,
shall be more than half Of the dis
possible portion Of the teStators, or
donors estate, in which case the tax
shall be imposed upon the entire
legacy or donation and the Iegatees
or dOnees shall be considered to be
within the third class.
g Sncb other sDeciaI taxes as the
General Assembly by a vote of two
thirds Of all the members elected to
each housn NAV from time to time
prescribe.
,u.:.7. 11v
Al OIole w.
Tho General Assembly shall have
mower n lew license taxes univ on
nnrsons nartnersbiDs associations
and cornorafiOne engaged in busi-
noSs or occupations that faII strictly
under tho domain of the notice pow
or and for that DnrDOsn 10 classify
ali such businesses and occupations,
and IN graduate the tax within each
class
1ol .ub5irioiona of +,o cto+o
49, 80, 3n ~ rlo,,,o, ~
;o,,,, I t,lL, nn hnsinossnS and oacr
49, fa7I;oo e+rfotII, within tbo do
80, 90 ~ 7oIioa Iror,o,, ar nrovid-
al - ~ foroaoino+ eoction For tho
g. - Wv ~ a,7o,, 1oooI iiconsne
~ 49, 1s-,;a5 ~ +roffia IN ,,,oI+
' 81 10y w aIonI,o,in ,iaInrl eboi1 NJ
bn Us, ''i tbor tboan i io1 hIS tbe
State nor less than those now orr
hereafter to be prescribed by the |
General Assembly as minimum local
licenses.
Sinh local subdivisions &c Zach
NAV determine for itsnIf shall also
have the right to lew license taxes |
classified ond graduated with duo rp.
snnct IN enna1ifv ond uniformity with. |
IN each class IN oil businesses and |
occunatione not covarod hIy Section .
of this article. save and oxcnnt IL |
censne IN cnrnorations narsons firms
and associations whose nronertv mr.
businesses among the sources Of rev.
enua reserved t0 the state and save
and excent licenses m individuals
engaged in trades occnna+ions and
callings involving the personal labor |
or skill Of the ners0n to he taxed
gu Gu noG i''iIinS "iOllti Tue uoli",h VI
cept corporations, associations, part
nerships or individuals engaged n
manufacturing or industrial pursuits
whose capltal STOCK, or capital IN DuS |