davidaulloa/AmericanStories huggingface dataset:
The herald., 1912-10-03
ACT. NO. 6.

Snate Bill No. 8. BY Mr.. Burke.
Joint resolution submitting to the
eope Of Louisiana an amendment to
% Constitution exempting from tax
snon for twenty (20) years corpora
ions organized to lend money on mort
pges on country property at not more
han six 49, per cent interest, net to
De borrower. with power to negotiate
,nds and securities of local taxing
1stricts
Section /. Be it resolved by the
eneral Assembly of the State of Lou
shna. two-thirds of all the members
dtte6 to each house concurring, That
De following amendment to the Con-
k;tntion OF the State of Louisiana be
nd the same is hereby submitted to
he qualified electors of the State at
be congressional election to be held
the first Tuesday after the first Mon
U in the month of November of the
mar 1912. to-wit:
| ne capital, surplus and personal
u1te Of every corporation hereafter
aysnized in this State for the sole
jupose Of lending money on mort
pses on country property situated in
1uisiana at rate OF interest not to
uceed six 90 per cent net to the
hfrower. with power to negotiate and
indie bonds and securities issued by
he various parishes and local districts
| nd Municipalities of the State of Lou
siana shall be exempt from taxation
hf twenty (20) years from the date
onpanies. provided that each of said
companies shall have a full paid cash
capital stock of not less than $780,
waco, and provided further that in
use any such corporation shall on
Ivy loan charge the borrower more
nan six per cent interest, whether
| " way Of commission, discount, or
|ehsrwise. 1T shall forfeit the entire
sumption herein granted, and be sub
het to taxation from the time ii makes
ven loan; and any such corporation
n.ndiing or negotiating any securities
snail incur like forfeiture.
No such corporation shall have
|Sset to receive any money on de-
|pst or to do a banking business of
~ sort but all such corporations
al be under the control and super
nsion Of the State Bank Examiner,
nose duty 1t shall be to report to the
enmission any violation of the con-
utlon OF this exemption.
section 2. Be II further resolved,
g That there shall be printed in
Se ballots to be used at said election
words For the amendment to the
sasttution exempting from taxation
twenty (2O) years corporations or
nized for the sole purpose Of lend
money on country real estate sit
&c IN Louisiana at not more than
w per cent to the borrower, with
YET to negotiate and handle local
anties, and the words Against
amendment to the Constitution ex-
eung from taxation for twenty (20)
"a corporations organized for the
purpose OF lending money on coun-
real estate situated in Louisiana at
more than six (6) per cent net
ne borrower, with power to ne
nte and handle local securities"
~ each elector shall indicate on his
~ as provided by the general cleo
Jaws OF the State whether he votes
or against the said amendment.
- THOMAS G. BARRETT,
enant Governor and President
OF the Senate.
L. E. THOMAS,
tves.
sfoved: August Gath, 1912.
| L. l.. HALL,
"A s, ernor Of the State of Louisiana.
IvlN E. HEBERT,
secretary of State.
The herald., 1912-10-03
INSTITUTIONAL
Amendments
EXTRA SESSION 1912.
ACT. NO. 1.

dill No. 2. BY Mr.. Voegtle.
sns resolution submitting to the
Jo,n' of the State OF Louisiana an
eoyyndment TO the ConsIItutIon author-
|uen arishes and self-taXing munich
sing 70 exempt new Industrial en-
DsDlIe and also improved value, in
rrpl ~ structures added to unim-
bufNe lands by immigrants into the
fose' Who occupy said lands as home
sls from local taxation for a period
49, exceed ten (lO) years.
" " son / Be il resolved by the
seeuyYA Assembly Of the State of Lou
ctneI ,wo-thirds of all the members
nas tn each house concurring, That
tssJi,owing amendment to the Con-
l.,ion of the State or Louisiana be
c.s.Sa same is hereby submitted to
" Lnel;fed electors OF the State at
1s ongressional election to be held
f ~ frst Tuesday after the first
u in the month of November of
year 1912. to-wit:
fr,sry parish and self-taXlng mu-
be,itv shall have the right to eX-
new Industrial enterprises and
srp' ~ improved value added to I'M
~ nsd lands, including all structures
rpnaon by Immigrants into the State
"a ocupy said lands as homesteads,
NY, local taxes for a period not to eX-
roI ,sn I1O) years by the vote of two
r ea IN number of all its taxpayers,
BIZ are qualified electors, including
spv.nnt women taxpayers, holding at
~ two-thirds of the property subject
ieceI taxation within the taxing To-
NV al a special election called for
nnH ,nrnose at which special election
nsL Us OF partnerships, associations
"a hsjrs of estates, otherwise qualified,
~ r. entitled to vote their respect
nro rata Of the assessed valuation
aid partnerships, associations or
h..tss Each enterprise so exempted
&c, he situated within the limits of
~ s,smpting authority and be estab-
80 after the exemption is granted.
Sssst,on 2. Be il further resolved,
That there shall be printed on
~ ballots to be us.d at said election
es words: For the constitutional
%s,Sment authorizing parishes and
GIVING wtsIing municipalities to exempt
- Industrial enterprises and also i'm
srsd value, inclusive of structures,
ssad 10 unimproved lands by immi-
ants into the State who occupy said
49, as homesteads, from local taxes
- a period not to exceed ten (10)
s,s" and against the constitutional
@sndment authorizing parishes and
wtsxing municipalities to exempt
~ Industrial enterprises, and also
Sproyed value, including structures,
80 10 unimproved lands by immi-
rsnts into the State who occupy said
- a period not to exceed ten (10)
.ars" and each elector shall indicate
his ballot as provided by the gen.
al election laws OF the State whether
4 votes for or against the said amend
rent. r,,o,,,c prppEr
Ikutenant Governor and President
Of the Senate.
L. E. THOMAS.
suesker of the House of Representa-
tives.
| lpuroyed: August cath, 1912.
L. f. HALL.
| Governor of the State of Louisiana.
IA true copy:
| AVN f. HEBERT.
Secretary of State.
The herald., 1912-10-03
ACT NO. Z.

,ate Bill No. 4. Rv Mr.. Fayrot.
ssnt resolution proposing an amend
/ Ito the Constitution Of the State
~ sniana relative to the exemption
kocs,s xation OF money in hand or on
|ouen i. Be IL resolved by the
~ assembly OF the State of Lou
[jH7~s .Wo-thirds of all the members
IN al, 70 each house concurring, That
ErEnts.No amendment to the Con-
= c,a n OF the State be submitted to
-, sSnned electors Of the State for
,copton or rejection at the con-
IN Tai election to be held on the
ID ~ uesoay after the first Monday
|Gsrs. month OF November. 1912, as
III ~ shall be exempt from taxation
zion 2 Re ~ fur,her resolved.
ID ~ the Official ballot TO be used
&ssee election shall have printed
|mS me words: For the proposed
~ snt 70 the Constitution OF the
W.fi. louisiana exempting from
- ~ money In hand or on de-
nc the words Against the
~ ~ emendment 20 the Constitu-
II - state % Louisiana exempt.
II 1tation all money IN hand
And sarh eiector shall
-, -. prgglasd ~ the asneral
~ 80 - ~ state shefhsr ~
49,, ~ asainsi ne pfopessa
-, /. IuoNAs z nkRaFr
DO. - as ffssiaent
- 49, ~ AspfsssAta
The herald., 1912-10-03
THE HERALD

acquired after July 1, 1912, even though
1t may form part of the operative
property of any railroad, shall not be
considered a source of state revenue
except by constitutional amendment,
unless such property had been, prior
to said date. part of a railroad termi-
nal. depot, yard, warehouse or shop.
4. All other property subject to tax
alton. except as herein specified, OF
except as may hereafter be directed
by vote of two-thirds Of all the mem
bers elected to each house of the Cen
eral Assembly, shall be sources of local
taxation.
The herald., 1912-10-03

shall any such local license exceed one
tenth of one per cent of the gross re-
ceipts of the licensee, provided that
no license shall be less tnan $500, nor
shall the licenses provided for in this
section be levied unless the general
property tax of each taxing locality,
when exercised TO sixty per cent of its
limit. shall not be sufficient 10 pay the
expenses of its government. When
ever Il municipal license equals the Ii
cense levied by the parish, only the
municipal license shall be due and col
lectible.
The herald., 1912-10-03

Approved: August oath, 1912.
l. z. HALL,
Governor of the State of Louisiana.
A true copy:
ALVIN E. HEBERT,
Secretary of State.
The herald., 1912-10-03
Article ".

persons, partnerships, associations and
corporations engaged in business or
domain of the police power, and for
that purpose to classify all such bust
nesses and occupations, and to grad
uate the tax within each class.
2. Local subdivisions of the State
government shall have the power to
pations falling strictly within the do
main of the police power as provided
in the foregoing section for the State,
save that such local licenses as may 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. Such local subdivisions. as each
may determine for itself. shall also
have the right to levy license taxes,
classified and graduated with due re-
spect 70 equality and uniformity with.
in each class. on all businesses and
occupations not coveredNby Section
- this article: save and except licenses
On corporations. persons. firms and as
sociations whose property or business
h aibong The sources OF -egcnue re-
served 20 the State. and save and a.
cent licenses on individuals engaged In
trades. Occupations and caili1tfs tnvolv.
iug the TersOnal labor or skill % the
within the CONAN % the poiice power
and save aud except corVofatioas, a.
80 intionE. pnrfnershipa o. tniiViiI alt
enEaFed m luanufartuFinr o. ~ tns-
trisl purrults phoes caFitai sieck %
,fss-ssa saiisrs sna 80 fsnins wiis
In IA tonain n ths police possr and
ave so asrspi peFsnns nFras ant eof
porafIana snaaaFa ln anTieaitural 81
heftlraitaFei Nsfsaiia ~ ~ steni
The herald., 1912-10-03
Article VII.

1. Every municipality shall have the
right to provide, at its discretion, by
ordinance of its governing authority,
the officer or officers, who shall collect
its taxes. and to fix the compensation
to be paid such officer, or officers, and
the mode of their election or appoint
ment; and every Parish shall elect by
vote of it's qualified electors the Of
ficer. or officers. to assess it's property
for taxation. the compensation of such
officer or officers to be fixed by the
Police Jury not less than ten months
before the election, and not subject to
change during the elected officers in
cumbency. This power shall not be
exercised in the Parishes, nor in the
Parish of Orleans as to assessors, I'M
til the terms of office of the present
1914. and until the expiration of the
terms of said officers. all local assess
ments shall be made by the assessors
of each Parish and the assessors of
New Orleans at the present rate of
compensation. All local taxes and Ii
censes except those levied by munich
palities, shall be collected by the Sher-
if of each Parish, except the Parish
pensation unless such compensation
shall be changed by the General AS
sembly. After January 1. 1914, Par
ish Assessors shall be compensated by
Parish of Orleans by the City of New
Orleans. If under the referendum
amendment submitted to the people at
the same time this amendment is sub
mitted providing way to relieve mu-
inequalities from general parish taxes,
subject to an obligation to contribute
to certain funds, is adopted, then each
municipality so relieved from such tax
alton. shall have the right by its gov
erning authority, to provide for the ap-
pointment or election of it's own as
SCISSOR or assessors and to fix their
compensation.
The herald., 1912-10-03
Article VIII.

1. In order to reimburse parishes
and municipalities now free from par
ish taxes for loss of revenue caused by
the withdrawal of the sources of state
revenue from parish and municipal
taxation. there is hereby granted to
each parish and to each such municipal
corporation the right to levy an addi-
tional tax of six mills on unsegragated
property.
2. In order to similarly reimburse
municipalities not now free from par
ish taxes each parish shall levy an
nually for eight years after January l,
1914; the six mill tax aforesaid, or SO
much thereof as may be necessary,
and out of the proceeds of this tax
each parish shall, under the supervi
sion of the Tax Commission, compen-
limits for loss of revenue caused by
such withdrawal. Such compensation
to be made on the basis provided in
the following sentence for compensa-
proceeds of such tax remaining to each
parish, added to the proceeds of the
levy OF the one per cent tax now per-
mitted to be levied. after making the
sufficient to repay to said parish the
sum 1t would have received by the
levy or its present one per cent all
mony tax on the basis of the assess
of five per cent on the amount of said
tax. then the state shall compensate
each parish the amount of such def
cheney as fixed and reported by the
Tax Commission
3. Any municipality now free, or
hereafter made free, from parish tax
alton which is not reimbursed by the
levy of the additional six mill tax the
power to levy which is hereby granted
to 1t. shall be compensated by the Cen
eral Assembly on the basis above pro-
vided for compensation by the State to
the parishes, the amount of said COM
pensation to be fixed by the Tax Com
mission.
4. The obligation to make the COM
pensations herein provided for shall be
mandatory on the General Assembly,
but no such compensations shall be
made after the year 1921.
5. After the year 1921, no parish
shall levy any part of such six mills
within the limit OF any incorporated
municipality and said municipalities
shall be entitled TO levy and COLLECT
such six mill tax for their own ac-
count.
s. The claims OF each parish and
municipality for compensation shall be
presented TO the Tax Commission,
which shall examine such claims and
report the facts and IT. conclusions o.
The General Assembly on or before The
hrst day - each regular session.
II In rsimhurss meut Tor the nfafH
sourcss o. rsVsnus herein wffhfraau
from hsf asssFssd valves and f1r fhf
ieinf hsnsnf - hsr alimorF and 80
nNlsftnF ens rsr rerf trhf fHn fhr
rfF n Me- nfleaEs nffrr lanIarf
lsf lsit b. tsrstF afanisd go riFhf
~ laFF anruaiIF ara sfan ifFF arrH
aliF e. isns a. saie sas 80 esnf tsti
The herald., 1912-10-03

SCHEDULE
l. No part of this amendment to the
Constitution shall go into effect until
January LIST, 1914, except that the pro-
visions of sections one, two, five. six
taxes shall go into effect as soon as the
General Assembly shall pass laws car
rying them into effect, and the pro-
visions of sections three and -four of
said article shall go into effect on jan
uary 1st, 1913, provided laws carrying
them into effect shall be passed on or
before March l. 1918; provided further,
that laws carrying them into effect
may be enacted at any later date.
2. On and after January LIST, 1914,
the Office of the State Board of APP
praisers and the office OF State Board
of Equalization shall be abolished, but
the present incumbents shall hold their
offices at the present rate Of compensa-
ton until their present terms shall ex-
pire and they shall aid the Tax Com
mission in putting the system provided
for in this amendment into operation.
and in that connection they shall per-
form such duties as the Tax Commits
sion and the General Assembly may
prescribe.
8. The license tax authorized by the
present Constitution to be levied on the
severance of natural resources from the
soil. shall be superseded by this amend
ment as to the severance OF minerals,
oil and gas. and shall be levied only
on the severance or forest products.
4. When this amendment goes into
effect on January /. 1914, the special
state taxes levied for good roads and
for Confederate Veterans as now es-
tablished or as may be established, by
the amendment TO be submitted to the
people at the same time this amend
ment is submitted. shall cease. and the
General Assembly shall make provi-
sion out of the General Fund for the
benefit OF each OF these special funds
as hereinabOVe provided.
6. MI State taxes and licenses un-
collected on January 1. 1914 for 1912
and previous years. shall be collected
and accounted for. under existing laws.
by the sherirs In the parishes. and
the state Tax Collector In New or
leans but all such collections must BE-
com pletsd by June 30. 1915. up 90 which
date the state Tax Collector - New
Orleans shall remain in Once We
shall also collect az state licenses lev
Iaf ir fne Parish ~ Orleans until aalh
GATE nn1 fIs General AsHern bly, shall
provide fHf a rrfurfInn ~ Pfc clerical
force f. f1EH rIHrn nr lore n IHfA
krrr flrs ri IHfa anF Ffafr lIrfrses
600 fHnrr rHfr rrnrHIrIrr HnTaIf HhnN
- "aIIaHfHH NH fnH Hfnfn NFHHHurHr NHF
.I.~.rHI faaHrHiH rfHH al HrrfHrFiaiH
..r.rIaI|.r Htl At 0Hr FsrraiiHr .n A.
saaIiahls hss.s ~ 80 "a reiissfefl
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-04-15

with the second track on the present
alinement south from Birming CHAM.
These improvements will involve some
very heavy work and will cost about
S15,OOO,0OO. Contracts have already
been let for a large part e. them and
work is now under way. This is one
of the most important moves made
UP to this time by any of the railways
to provide facilities for the handling
of the increased north and south bus
mess which is expected to develop al
ter the opening of the Panama canal
Another very heavy piece of work Tor
which contracts were let within the
past month is the Delaware, Lacka-
wanna & Westerns revision OF
grade and alinement between clark
Summit. Pa, and New Milford rms
is a further step in the policy Illus
trated in the construction of the
Hopatcong cutoff, whereby this line,
already the shortest between BuHaIo
and New York, is to be further snort
ened to handle more economically a
very heavy freight tonnage. Another
heavy expenditure recently authorized
in the east is for the New York, New
Haven & Hartford's identification
from Stamford to New Haven, which
will give continuous electrical service
from New York to New Haven, about
70 miles.
In the middle West the Chicago, Mil
waukee & St. Paul has announced the
most aggressive programme, consist
ing principally or neaVy srdue l0uuS
ton and realinement in connection
with the construction of second
track on the Chicago-Omaha nne
through Iowa The demand for IN
creased facilities here arises largely
from the closer traffic relations that
have been formed between the Mil
waukee and the Hartman Lines, which
were indicated by the recent inaugur-
alton increased through passenger ser
vice following closely on the announce
ment of the agreement between the
Chicago and North Western and the
Northern Pacific for the the handling
of through passenger business. The
& North Western has let con-
tracts within the past month for a 90
mile extension from Peoria south to
the central Illinois coal fields which will
involve some very heavy work, includ-
ing the separation of all crossings with
other railways. The Denver & Rio
Grande has just announced its inten- !
ton to provide a second track over
west of the continental divide, requir- |
ing an expenditure of over Sc, SOC. 900. |
In the far west the Hartman Lines |
have announced their intention of
building several branch lines in CEN
trail Oregon which are, however, for |
the most part comparatively inexpens- |
i've The Northern Pacific has recent |
ly let the contract for the construct |
ton of cutoff between Tenino. |
Wash and Tacoma, which will COM |
plete the second track bet 1een Ia |
Wash, and Portland, Ore. |
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-04-15
A MERE MAN EXPLAINS.
He Tells Why the Women Like to Live
in Cities.

you've noticed said the talkative
man, as he sat at luncheon with his
friend, the good listener, their backs
turned to the long street window of the
uuick-Iunch cafe, that while the aver
age city man is much taken with these
new ideas about getting back to the
land, of going out to live in the coun-
try. it is the average city mans wife
who generally pulls away from the
proposition, if she does not veto it out
right"
yes" said the good listener, i've
noticed it, and I've often wondered why
the discussion divides itself on the line
of SEX
WELL said the talkative man, IF
you'll watch the couple at that table
facing US you'll get nearly all of the
answer. She's evidently his wife and
she's come downtown to do a little
shopping and he has brought her here
for lunch. You observe that he doesn't
take much interest in what goes on
around him. He sees it all, perhaps,
but it's an old story. He's made his
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-04-15
RAILROAD news
Optimistic Construction Out
look This Year.
Business in q. S. Now on
Trend Upward.
CONTRACTS FOR NEW LINES
Railways Have Faith in Com
ing Good Times.
Other Items of General Interest
in Traffic World.

Active preparations are now being
made for the aiIway construction
work to be done this year, says the
Railway Age Gazette. It is of inter
est to take inventory of the work all
ready authorized and to note to what
degree the construction outlook re-
fleets the general comm ercial condi-
tons of the country. In most bust
ness lines a more optimistic view of
the prospects for the future is evil
denced in spite of the fact that it is
a presidential year" The belief is
prevalent that the lowest point of the
depression has been passed, and that
business is now on the upward trend.
That this same feeling is present in
the railway field is evidenced by the
construction plans already announced
for this year. The past two years,
and especially the last year. have wit
messed the completion of large pro-
JectS already started rather than the
inauguration of much new work A
comparatively large amount of money
has been spent, but it has been spent
in finishing rather than in beginning
projects Conspicuous examples of
this were, the Santa Fe extension
across western Texas and the Della
ware, LackaWanna & Western Hopat-
cong cutoff. improvements advisa BILE
but not absolutely necessary were
postponed until business conditions
should improve
This spring the conditions are most
favorable. While the announcement
of the resumption of work has not
been general and many roads are still
planning for a very quiet year. sever
al new and expensive pieces of work
have been announced. Conspicuous
among these is the new double track
line of the Louisville & Nashville be-
tween Nashville and birmingham,
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-04-15
GAIN IN GROSS EARNINGS.
Increase of So Per Cent for F'our
Weeks in March.

Railroad gross earnings continue
well above those of last year at this
time, the total of all United States
railroads reporting to date for the
four weeks of March, as compiled
by Duns Review, aggregating $24,-
277,641, a gain of So per cent as
compared with the earnings of the
same roads for the corresponding pc
riod a year ago.
This increase reflects the more
faVOra BILE weather conditions which
prevailed during March in many parts
of the country, though to some ex-
tent it may also be due to the move
ment of freight that was held back by
the abnormalIy low temperatures and
heaey storms of the preceding two
months.
In the south the Improvement is
quite pronounced, indicating a con-
siderable revival in railroad activity,
while in the west and southwest the
increased returns by many roads re-
fleet an expanding movement of sea-
soma BILE merchandise.
In the following table are given the
gross earnings of all United States
railroads reporting to date for four
weeks of March, and the gain as COM
pared with the earnings of the same
roads for the corresponding period a
year ago; also for practically the same
roads in the two preceding months,
together with the percentages of gain
or loss compared with last year:
1912. Gain. Pct.
March, weeks. .... .$24. 277,641 81. 2S5, 219 Sc
February, 4 weeks. 24.143, 3O5 LOB, 243 AT
January 4 weeks. %, 767, 947 =, 1896, $50 so