The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1912-09-28
ACT NO. 10.
JOINT RESOLUTION
Senate Bill No. Z. By Mr.. shaffer

JOINT RESOLUTION
Submitting to the people of the Stat,
OF Louisiana, at the COMPRESSION
al election to be held in Novem
Der, 1912, an amendment to thu
Constitution Of the State exempt
ing from taxation for ten 1O)
years from the date of compile
tlon the capital stock, franchises
and certain property Of all corpo.
ratlons constructing, owning and
operating within the State a com.
blned system Of irrigation, na7i-
cation and hydro-electric power,
using fresh water streams and
water sheds, provided that each
system be completed and in oD-
Grafton within five (5) years from
January LIST, 1913, and providing
further that not less than five
million dollars shall have been
expended in the construction Of
each system.
Whereas, the State of Louisiana
uas large areas comprising millions
or acres of land that can be reclaim
ed and brought into cultivation by ir-
flgatlon, whereby large additions will
De made to the population and, the
assessed value Of the State: and,
whereas, canals can be construct
ed so as to provide irrigation. nayi-
gatlon and power, and it is the States
duty TO encourage and promote the
of such concerns:
- Section l. Be it resolved by the
General Assembly of the State of
Louisiana, two-thirds of all the mem
Ders elected to each house concur
ring, That the following amendment
to the Constitution be submitted to
the qualified electors of the State
Tor their adoption or rejection at the
congressional election to be held on
me first. Tuesday after the first
monday in the month Of November
1912, as follows:
IheTe shall be exempt from taxa |
ION for ten (10) years from the date
u completion, the capital stock. fran |
'!hlSeS and property Of all corpora
ions constructing, owning and oDer-
Itlng within the State q combined
system of irrigation, navigation and |
lydr0-eIectric power, using fresh
water of Louisiana streams. and wat
r-sheds, provided that each system
nall be completed and in operation
within five (5) years from January
ST, 1918, and provided further that
OF less than five million dollars
hall nave been expended in the con-
Of each system. No real or
property shall be covered
y this exemption except that which
necessarily connected with and ap-
uTLenant to each canal system and
'rmlng part thereof, nor shall this
zemptlon extend to the assessed
aIue that such real estate had at
Re time 1t may be acquired by the {
1mpany; provided that the right of {
lie State to regulate the diversion :
its public waters from their natu- (
Il beds shall. not be waived by this :
nendment. /
Section 2. Be it further resolved, !
c., That the official ballot to be ..
ied at said election shall have print =
thereon the words: For the pro-
'sed amendment to the Constitu- =
IN Of the State of Louisiana eX- .
nptlng from taxation for ten (1O) :,
ars from the date of completion :,
rtaln new canals for irrigation, nay -
alton and power purposes to be ~
mpleted within five years with VI VI
pltal or not less than five million :,
liars" and the words: Against -
? amendment to the Constitution u
the State of Louisiana exempting
I'M taxation for ten 90 years from -,
date of completion certain new aaee
1als for irrigation, navigation and ", ",
Wer purposes to be completed with ~
i've (o) years with capital Of ~
less than five million dollars" ~,
q each elector shall indicate as Oh Oh
'vlded in the general election laws Oh
the. State whether he votes for w w
seS@4neI lie proposed amendment.
THOMAS C. BARRETT.
Governor and President Vo
of the Senate. be
L. E. THOMAS, Ge
'aker Of the House of Renresan. sh
tatives. nu
proved: August oath. 1910
L. E. HALL, pr
'ernof of the State of Louisiana.
rue copy; sol
LVIN E. HEBERT. thu
Secretary of State, del
Co.
roc
ACT NO. II. ele
het
ate Bill No 9 DIV Nv y,ooct,o inc