The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1912-08-31
ACT NO. 10.
Senate Bill No. 7. By Mr.. Shaffel
JOINT RESOLUTION

Submitting to the people of the State
of Louisiana, at the COngresslon'
al election to be held in Noyem-
Der, 1912, an amendment to the
Constitution of the State exempt
ing from taxation for ten (10)
years from the date of compile
tion the capital stock, franchises,
and certain property of all corpo-
rations constructing, owning and
operating within the State com.
bined system of irrigation, navi-
cation and hydro-electric power,
using fresh water streams and
water sheds, provided that each
system be completed and in OPP
GRAFTON within five (5) years from
January list, 1918, 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
has large areas comprising millions
of acres of land that can be reclaim
ed and brought into cultivation by IT.
rigation, whereby large additions will
be made to the population and, the
assessed value Of the State; and,
Whereas, canals can be construct.
ed so as to provide irrigation, navi-
cation and power, and it is the State s
duty to encourage and promote the
organization of such concerns:
Section l. Be it resolved by the
General Assembly of the State OF
Louisiana, two-thirds Of all the mem
bers elected to each house concur
ring, That the following amendment
to the Constitution be submitted tC
the qualified electors of the State
for their adoption or rejection at the
| Congressional election to be he'd OF
the first Tuesday after the frs
Monday in the month of November
1912, as follows:
There shall be exempt from taxa
ton for ten QO) years from the date
OF completion, the capital stock, fran
chises and property of all corpora
tons constructing, owning and oper
ating within the State combined
system of irrigation, navigation ant
hydro-electric power, using fres
water of Louisiana streams, and wat
er-sheds, provided that each system
shall be completed and in operation
within five (5) years from Januar,
LIST, 1913, and provided further tina
not less than five million dollar
shall have been expended in the cor
struction of each system. No real
corporal property shall be covere'
by this exemption except that whic
is necessarily connected with and al
purtenant to each canal system an
forming part thereof, nor shall thi
exemption extend to the asseSse
value that such real estate had a
the time it may be acquired by tn
company; provided that the right G
the State to regulate the diversiO
of it's public waters from their natl
| raj beds shall not be waived by thi
amendment.
| Section 2. Be it further resolved
ETC., That the official ballot to b
used at said election shall have prin
ed thereon the words: For the PR
posed amendment to the Constitl
ton of the State of Louisiana e.
empting from taxation for ten &c
years from the date of completio
certain new canals for irrigation, ma
igation and power purposes to b
completed within five years with
capital Of not less than five millio
dollars" and the words: Again!
the amendment to the Constitutio
OF the State of Louisiana exemptin
? from taxation for ten 90 years frol
the date of completion certain ne
canals for irrigation, navigation an
power purposes to be completed wit
in five 60 years with capital
not less than five million dollars
And each elector shall indicate q
provided in the general election law
Of the State whether he votes IL
or against the proposed amendmen
!, THOMAS C. BARRETT,
Lieutenant Governor and Presidel
! of the Senate.
f L. E. THOMAS,
: Speaker of the House of Represe
tatives.
+ Approved: August oath, 1912.
3 L. E. HALL,
| Governor of the State of Louisian
S A true copy:
ALVIN E. HEBERT,
t Secretary of State.