The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1912-10-26

And each elector shafl lndicate go -
the State whether he votes for or
THOMAS C. BARRET
Lieutenant Governor and President
= 'i'e ti'Aso L. 3. THOMAS,
Speaker of the House Of Represen-
Approved s August s4t + 1 E Hall.
Governor of the State of Louisiana.
- ~. ALVIN E. HEBERT,
Secretary Of State
ACT no. IL.
Senate Bill No s. BY Mr.. Voegttse.
Joint resolution proposing an aH a,a
ment to the Constitution of the State
Of Louisiana exempting from taXation
the legal reserve Of life insurance com
panies organized under the laws OF THIS
State. 49,
General Assembly of the State of LOU
isiana, two-tnirds of all the members
elected to each house concurf1h1g, Ia llae
the following. amendment e the e. Ioh =
stitution of the State be submitted TO
| the qualified electors of the state TOT
! theft adoption or rejection at the con-
gressional election to be held on tne
! first Tuesday after the first Mohday - -
| the month of November. 1872, as FOL
There shall be exempt from all tax
| alton the legal reserve of life insurance
companies organized under the laws OF
Section :: Be It further resolved ed
etc, That the official ballot to be usee
at said election shall have printee
thereon the words: Eor r, me pfo ~ -,
A State of Louisiana exemptiRg from Al
i taxation the legal reserve IT life n
surance companies organized under n
laws Of this State" and lie VOTES 70 q,
"a gatnst the proposed amendn ant 70 tn
i Constitution of the State OF 1.oulslans
j exempting from taxation the legal re
i serve of life insurance companies s. ~ =,
gained under the. laws y Of THIS sta .sss
8 yided by the general electaon avs
IL afSse state. NIL tlnar 81 81 votes foraso
s against the 5roposed alIaeTsa men q g. I,,,,
81 - THOMAS c. BA sFs lsI
I. 81 .isI1fenant Governor and President
g ehe 7s'1ssss.5 Z. &. THOMAS,
!. Speaker of the House Of Represen-
Appr ssssse August a4th, 19NGAI1 .
Governor Of the State Of puisiana-
! = true copy ALVIN F. Il EBEaT
Secretary Of State
], ACT No IL:
House Bill No 2. BY Mr.. Ropert
t Joint resolution submitting to the PEI
!: tple OF Louisiana an amendnaenl. 70 ~ -
i Prostitution reorganizing and remodei1r
1.-THE States system Of assessment ana Ia
T alton.
eral Assembly q the state o. Iou aaat.
d ia each House concurring, That the 70
: lowing amendment to the Const1tut1on
j the State Of Louisiana be and the san
h is hereby submitted to the qualified ele
= tors Of the State at the Congression
d e1ection to be held on the first Tuesd.
: after the first Monday n t the month
! November, in the art ysar j, lslz' 'o-W'e:
dI i. The taxing power shall be exc
/ cised by the State and by Its subdivi
) ions for public purposes only
: surrendered, suspended, given, comm
g. ted or contracted away; but where pa
le fishes or municipal corporations sh
a grant exemptions from parish or mu1
N years from date Of completion to e
r. courage the establishment of industr
r enterprises, or similar exemption to Il
q migrants Of the value added by them
l. cant property owned and occupied as
a homestead, such exemptions shall not
lie withdrawn either as to enterprises 4
1e tablished or substantially begun In so
m faith, or to immigrants who have act
r ally acquired and improved or in GO
T. faith begun to improve their honestea
e. since the granting of the exemption.
A. General Assembly on behalf of the Sta
n and the governing authorities of all ST
I'll divisions of the State on behalf OF 81
rs subdivision, may defer for not more TT
VS. three years the collection of taxes In
or calitfes subjected to overflow or oil
public calamity.
g. The General Assembly shall hs
power to classify all property for ta1
ton, and to adopt different rules 9
rates for different classes, but such ru
and rates shall be equal and uniform
all subjects of the same class through
the territorial limits of the author
|levying the tax. All such classifcati
shall be based on the characteristics
the: property itself or Its use, and ne
on persons or ownership
T. Except in case of foreign tnyas
or domestic revolution, the General
sernbly shall not have power to |.
S any ad valoren property tax in excess
er. four per cent; but the General Assem-
ne shall not exceed the rate of two and Q
a. half per cent except by a vote OF II
ei ~ thirds of all the members elected to e
70 house thereof.
ng Article II.
1m l. The sources of State and local r
tai enue shall be segregated and, except
'Ty hereinafter specified, or as may be he
ns after permitted by a vote OF two-thi
M of all the members elected to each Ho
on of the General Assembly, each tax