The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1912-10-03
ACT No ~.

ACT No ~.
rro,,,a pu No. 2. By Mr. Roberts
Joint resolution submitting to the PEG
pie of Louisiana an amendment 70 the
Prostitution reorganiZing and remodeihs
TIE states system of assessment and tax
alton. ,. -. 49, cav
eral Assembly Of the State OF LOUISIANA
two-thirds of all the members elected
to each House concurring, That the fol
lowing amendment to the Constitution o.
the State of Louisiana be and the same
is hereby submitted to the qnallllea elee'
election to be held on the first TUESDAY
after the first Monday in the month Of
November, in the year 1912, to-wit:
I'll. +axine bower shall be exer.
cisea by the State and by its subd1Vls'
ions for public purposes only
3. The taxing power shall never bt
surrendered. suspended. given, eom IA l.
ishes or municipal corporations shai
grant exemptions from parish or mum
cipal taxes fer a period not to exceed tel
Courage the establishment of industrla
enterprises, or a similar exemption to i'm
migrants Of the value added by them U
vacant property owned and occupied as
| homestead, such exemptions shall not p'
withdrawn either as to enterprises es
| ia blished or substantially begun in goo'
| faith, or to immigrants VINO nave actu
| ally acquired and improved or In GOO
faith begun to improve their non ZONES rh,
General Assembly on behalf o. the state
end the xro1- ming al ~ "a z - 3
divisions OF the state On behalf Of sIcf
subdivision. may defer Tor not more tnaL
three years the collection OF taxes in 10
calities subjected to overflow or othei
public calamity.
5. The General Assembly shall have
power to classify all property for taxa,
rates for different classes, but such rule
and rates shall be equal and uniform OF
all subjects of the same class Throughout
the territorial limits OF the s9an3 ONT
shall be based on the characteristics o
| the property itself or its use, and neve
| on persons or ownership
4 Except in case Of foreign invasion
| or domestic revolution, the General As
sembly shall not have power to lev!
any ad valorem property tax in excess
| four per cent: but the General Assembl,
| half per cent except by a vote Of two
thirds of all the members elected TO eacl
house thereof.
| 1 The sources of State and local rev
enue shall be segregated and, except a
| hereinafter specified, or as may be here
| after permitted by a vote OF two-third
| of all the members elected to each Hous
\
authority shall be restricted in taxatio
| to its own sources of revenue as herei
Until otherwise provided by vot
| to each House of the General Assembly
the following shall be the sources Q
1st. The Special taxes hereinafter pro
and, All corporations. private person
| and unfncorporated associations that OPP
crate any railroad falling under the juris
dictien Of the Railroad Commission c
street railroad and electric light an
nower business; heating or refrigeratio
plant (not inclusive of cold storag
plant; telephone line; telegraph lint
line. dfning car, sleeping car. oil car, re
frfgerating car, or cars for any other pur
| nose operating upon railroads in TIL
state; steamboat, motor boat, steamship
ferry barge, and tug, or other waite
| craft where operated for hire. canal fo
tran-portation or irrigation, and pipe lin
for oil or gas. When the electric iigf
and power business conducted in con
practically severed from the street rail
road business for purposes OF assessmer
then such severance shall be made Q
the Tax Commission and such electr1
light and power business shall not be
source Of State revenue.
2rd All banks, State and Nationa
including savings banks. trust banks an
trust companies, and all private banker
whether individuals or partnerships, say
that the real estate Of all banks an
bankers shall be locally assessed an
taxed The assessments of the ret
estate of banks and bankers shall Z
sion to the basis established and in vogu
in each locality where such real estat
is located.
4th. All insurance companies. includ
n%xy lfn
eign or domestic, and all persons an
partnerships engaged in insuring person
or property. save that all the real esta'
and corporal property of such companie
persons or partnerships shall be local.
assessed and taxed.
5th All sugar refineries, rice mill
cotton seed oil mills. cotton seed oil re
fineries and refneries Of petroleum an
its products. A sugar refinery is hereh
defined to be a concern that buys and II
fines raw sugar exclusively, or a conceT
| that buys and rehnes more raw sugs
| than the aggregate of the sugar produce
by it from cane grown and purchased
sth. All mines of sulphur. salt or oth'
minerals, all oil or gas wells. all stor
quarries, sand, gravel and shell pits
3. Only the operative property of stat
| sources of revenue shall be segrega ted
the State. The General Assembly sha
define. in "a manner not Inconsistent wit
any provisions of this amendment. WIN
| IER operative property OF edcfl SIT
source IS Real estate and the Improve
ments thereon forming part of any raj
road terminal. depot or yard or ware
house or shop, acquired after July
1912, even though it may form part
the operative property OF any railroai
shall not be considered source Of Sta
| revenue except by constitutional amend
ment, unless such property had bee
: prior to said date. part Of railroad te
rifnal depot, yard. warehouse or shop.
A. All other property subject to tax;
ten, except as herein specified, or exec
| as may hereafter be directed by a vo
Of two-thirds Of all the members elect<
, to each house Of the General AssembI
shall be sources Of local taxation.
Article TT.
The General Assembly shall have pow
to levy for Stats purposes the folaowir
special taxeaf