St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-10-26

L. E. THOMAS.
Sneaker of the House OF Repre-
sentatlves.
Approved August -, 1912.
LIE. HALL.
Governor of the State Of Louisiana.
A true copy.
! ALVIN E. HEBERT.
Secretary OF state.
ACT NO. 10.
Senate Bill No. Z. BY Mr.. Schaffer.
Joint resolution submitting to the
people Of the State OF Louisiana. ct
the Congressional election to be held
lin November. 1912, an amendment
| o the Constitution Of the State ex-
mpting from taxation for ten (lO)
years from the date OF completion
he capital stock, franchises, and GER
ain property Of all corporations con-
structing owning and operating with
in the state combined system OF r.
igation. navigation and hydro-elec-
trio power. using fresh water streams
and water sheds, provided that each
system be completed and in opera
ttion within five 50 years from Janu-
airy l, 1913, and provided further
that not less than five million dollars
shall have been expended In the con-
struction of each system.
Whereas, the State of Louisiana
has large areas comprising millions
acres OF land that can be reclaim
ed and brought into cultivation by
irrigation; whereby large additions
will be made to the population and
he assessed value of the State: and.
Whereas. canals can be construct
ed so as to provide irrigation. navi.
CATION aud power, and 1t 10 the
States duty to encourage and pro
mote the organization OF sucn con-
Germs: !.
Section /. Be it resolved by the
General Assembly of the State OF
Louisiana, two-thirds of all the mem
|bers concurring. That the following
amendment to tho Constitution be
submitted to the qualified electors
of the State for their adoption or re-
lection at the Congressional cleo
ion to BIO held on the frs. Tuesda>
after the first Monday IN the month
November. 1919. as follows:
There shall be exempt from TAI,
alton for ten (10) years from the
date Of completion. the capital stock
franchises and property OF all cor.
porations constructing. owning anu
operating within the State q com
oined system of irrigation. naviga-
ton and hydro-electric power. using
t fresh water OF Louisiana streams.
and watersheds, provided that each
system shall be completed and In
operation within five 90 years fror
January 1, 1913, and provided fur
ther that not less than five million
dollars shall have been expended IN
the construction Of each system. Nc
real or corporal property shall be
covered by this exemption e1cer
that which is necessarily connecte.'
with and appurtenant to each cane
system and forming part thereof. nci
shall this exemptions extend to the ~
sessed value that such real estate
had at the time 1t may be acquired
by the company; provided that thu
right oflthe State to regulate the Ill
versions Of its public waters from
their natural beds shall not be waiv
ed by this amendment.
Section 2. Be it further resolved
ETC., That the ofncial ballot to b.
used at said election shall have print
ed thereon the words For the, pro-
posed amendment to the Constitu-
ton of &the State Of Louisiana ex-
emptings from taxation for ten (1O)
years from the date OF completion
certain new canals for irrigation,
navigation and power purposes to be
completed within i've years with 2
capital Of not less than five million
dollars. and the words : Against the
amendment to the Consultation Ot
the State of Louisiana e4empttnS
from taxation for ten 10) years
from the date Of completion certain
new canals for irrigation, navigs-
ton and power purposes to be COM
pleted within five (5) years with g
apital Of not less than $5.000.00O.''
And each elector shall indicate as
rovided in the general election laws
| the State whether he votes for
aga INST the proposed amendn ent.
THOMA; G. harriet.
| ;.l,uit nant Gu e..:.... ana Vres,;ens
# the Sena.c.
l.. E. THOMAS,
Speaker of the House of Repre-
sentatives.
Approved August "a, 1912.
80 l.. E. HALL,
Governor Of the State of Louisiana.
A true copy.
ALVIN E. HEBERT,
| A. Secretary of State.
| ACT NO. II.
enate dill No. 8. BY Mr.. voegtle
Joint resolution proposing ar
amendment to the Constitution Of
the State of Louisiana exemptins
from taxation the legal reserve Of
life insurance companies organized
under the laws of this State.
| Section /. Be it resolved by the
General Assembly of the State Of
Louisiana, two-thirds of all the mem
beers elected to each house concurrins
That the following amendment Il
the Constitution of the State be sub
mitted to the qualified electofs q
the State for their adoption or re
! lection at the Congressional cleo
ton to be held on the first Tuesda.