The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1912-11-02

ara TT-'raan T-T -1IT nor Tra f-frn
class Whenever the rate Of as
seesmcrr Jay;oE against anv inheri-
rance legacy. or other doaat on, when
deducted from said Inheritance. le-
eacv. or other donation, would leave
tie beneficiary a smaller n amount
than he would have received 14d NC
Inheritance, legacy, or other c"hal'oh
fallen into the next lower GLASS; =
the classification according to amour
Of actual cash value, then ne rae
o. taxation shall be first CaIcAialtU
upon the maximum amount N sa,u
next ioW@r o.a7S, |I'4 ~. iI,.a.,.
amount o. ~, NJ ,..-I :.
ot oti.@t uD-a1 MI 49, ,', !.
the Ealt ~ 5GI +l 49, ,'..,,. -,
INTO "h.'A ,i!1 -
OUNCE ""H@.oi ++--7'
Duplication of inheritance iaAeS Il"
between this NJ. ana Atr 9lile5'
fore IN qua dom '.c. %HaA De aFoid,
ed b. II" exemption OF corpofeai
property belonging TO docCdeht OF
this state, and situated outside OF
this State, to the extent OF any IN
heI4tahcc TAX oL sucn o'hgt So, oo,soei
ana by I.e eAellpIIoh y ~ H Io'
rights beloi@tns 10 hoil-l % UNI IN. ne
ceniehlS, aucn a6 shares ~ ''q go -
LOUISIANA coIpoF@U'ono, NUS, ounua'
isIana debtors or bearing on Louisi-
"i'1 1t, 20
ms laA siiaIl aiSo " .L ~
all EQUATIONS nue. tl'os' shc uoneS
10 De GlVIoeu mo inc s ., ntians
herelnaDoye ueilheu. All uona FL
inter Fl'os " me same peieo - ~
III a peTlou ~ I'VE YEA anaIi =
taxed as together CONSTITUTING
single dohatlon.
Legacies and donations inter Vlvos
70 eCucatlonal' ieilsioue' vi onaA 60 g.
Die HnseI.u'ions; ~ " u uSto Nc
eoucatIon"i, lous vi e. ~, w.
purposes, sndl pe eAenpI ~ 49, 49,.
Tax, uile"o eu'n uoDI 49, "a 49, Jis'
snail DC more Inan ii'lI " NJ d, ~.
poeapie POI tioh VI tne 'e1"'oi .
dohor 5 estate, III Witch oaee 'ig -, w..
shall oe inlposeu upoi lne ,a+nao
legacy vi uphd'ioh anu t,te 10
or uohees Snail pG eoii'i''io "a ~ 20
Withln the thliu ci''9s'
s. Such other special taxes as me
General Assembly by vote OF Two
lhirds Oh ali the hieinpefs eitc'e -; ~
eacI mouse may Iloil Oiiiie - ''ni0
prescribe.
Article ".
/. The General Assembly shall nave
power to levy license taxes only on
persons, partnerships, associations
and corporations engaged in bust
ness or occupations that fall strictly
under the domain of the police pow
err. and for that purpose TO classify !
all such businesses and occupations,
and to graduate the tax within each
class.
Q Local subdivisions of the State
government shall have the power 10
levy licenses on businesses and occu-
nations falling strictly within the do
main of the notice mower as proyid-
cd in the foregoing section for the
state save that such local licenses
as NAV be levied on traffic in malt,
vinous and alcoholic liquors shall not
be less than those levied by The
State nor less than those now or
hereafter to be prescribed by the
General Assembly as minimum local
licenses.
8 Suh local subdivisions AS each
NAV determine for itself shall also
have the right to lew license taxes
classified and graduated with due re-
spect to eouality and uniformity with
in each class. On all businesses and
occupations not covered bv Section 2
Of this article. save and excant H.
censes on CORPORATIONS. persons. firms
and associations whose nronertv or
businesses among the sources Of rev.
enue reserved to the state, and save
and except, licenses ON individuals
enoa GOA an trodo. oa,,na.;ar. ana
~. LII, 20 ~ .ne PC 'oiai aaoui
ana not failing within the domain OF
tne ponce power; and save and ex-
cept corporations, associations, part
nersnips or individuals engaged N ;
or industrial pursuits
whose capltal STOCK, or capital in bus
mess is less than i've thousand dol |
lars. and not falling within the do [