Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1912-10-25

surance companies organized under the
laws Of this State" and the words;
Constitution of the state OF Louisiana
exempting from taxation the legal re-
serve of life insurance companies or.
ganized under the laws OF this state.
And each elector shall indicate as pro-
vided by the general election laws OF
the State whether ne votes for or
against the propose1 amendment
THOMAS c. BARREr.
Lieutenant Governor and President
Vi '"e L. e. THOMAS.
Speaker of the House of Represen-
Approved: August gath. 1919.
opp L. E. HALL.
Governor of the state of Louisiana.
a Nus p' ALVIN E. HEBERT.
Secretary OF State
ACT No ~.
Hons. Rm No. 2. BY Mr.. Roberts.
.Joint resolution submitting TO the peo-
ME OF Louisiana an amendment TO the
Constitution recognizing and remodehng
the States system of assessment and tax
alton.
erai 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 OF
the state Of Louisiana be and the same
is hereby submitted TO the qualified cleo
tors OF the State at the Congressional
election to De ne ond Gn t IN the month Of
November in the year 1912, to-wit:
Article !.
l. The taxing power shall be exer-
cfsed by the State and by Its subdivis-
ions for public purposes only.
The taxing power shall never be
surrendered. suspended, given. eommu-
ted or contracted away; but where par
- a
grant exemptions from parish or NUM-
cipal taxes fer a period not to exceed ten
wears from date If completion to en-
courage the establishment OF lndust ma
migrants cf the value added by them TO
vacant property owned and occurred as
homestead, su-h exemptions shall not be
Withdrawn either as TO enterprises es-
tahlished or substantially begun In good
faith, or to immigrants who have actu-
ally ACQUIRED and improved or In gooo
faith begun to improve their homesteads,
General ASSEMBLY on hehaf OF the State,
and the governing authorities OF all sub
divisions OF the state on hehalf lof snrn
subdivision. may defer for not more tnan
three years the collection Of taxes In To-
calities subjected to overflow or other
public calamity.
8. The General Assembly shall have
power to classify all property Tor taxa n5
rates for different classes, hut such rules
and rates shall he equal and uniform on
all subjects Of the same class throughout
levying the tax All such classifications
shall be based on the characteristics OF
! the property itself or its use. and never
on persons or ownership.
Except IN case of foreign invasion
or domestic revolution. the General As
sembly shall not have power TO levy
any ad valorem property tax IN excess o.
| four per cent: but the General Assembly
1 Ia e ~ frrrOa nj 0F1N
/ half per cent except by a vote OF two
thirds Of all the members elected to each
house thereof :,
The sources Of State and local rev.
| enue shall be segregated and, except AZ
| hereinafter specified. or as may be here
| after permitted by vote OF two-third'
| OF ali the members elected to each House
OF the General Assembly, each taxing
authority shall be restricted in taxation
| to its own sources OF revenue as hereir
assigned.
| Of two-thirds of all the members elected
/ to each House Of the General Assembly
the following shall be the sources o.
'' ist The special taxes hereinafter pro.
snd. An corporations, private person.
ana unincorporated associations that op
crate any railroad falling under the juris
Iouisiara; street railroad; combined
street railroad and electric light anC
! mower business: heating or refrigeration
| plant mot Inclusive OF cold storag'
piant): telephone line; telegraph line
| whether wireless or otherwise; express
line dining car, sleeping car OIL car. re
frfgerating car. or cars for any other pur
| nose operating upon railroads In thi
| state. steamboat, motor boat. steamship
i ferry barge. and tug. OF other waite
! craft. where operated for hire. canal 70
tra- rortation or irrigation. and pipe lin
for oil or gas. When the electric Ugh
and power business conducted in con
junction with any street railroad can D
practically severed from the street rail
road business for purposes OF asSessinen
the Tax Commission and such electri
light and power business shall not be
source OF State revenue.
srd All banks, state and National
Including savings banks, trust banks an
trust companies. and all private bankers
whether individuals or partnerships. saw
that the real estate Of all hanks an
bankers shall he locally assessed an
estate OF banks and bankers shah b
! eoualized annually by the Tax Commits
sion to the basis established and IN vogu
in each locality where such real estat
9TH An Insurance companies includ
ing bonding and surety companies. Tor
eign or domestic. and 81 persons an
ma rtnerehfps engag ed IN insurtnE person
or nronertv. save that al the real estat
ana corporeai nronertv Of such companies
persons or partnerships shall be local.
assessed and taNea
bth All sugar refneries, rice mills
cotton seed oil mills. cotton seed oil re
nneries and rehneries 81 petroleum an
its products. sugar refinery Is hereh
defined TO he concern that huys and re
apes raw SUGAR exclusively. or a concer
that buvs and rehnes more raw suga
than the aggregate OF the sugar produce
nv II from cane grown and purchased b
H.
sth. All mines OF sulphur. salt or othe
/ minerals all of or gas wells, AL ston
Gus rrieS. sand. gravel and shen pits-
8 Oniv the operative property ~ stat
sources ~ revenue shen he segregated
the state The General Assembly sha
define IN a manner not Inconsistent wit
any provisions Of this amendment. wha
the operative nrnrertv ~ each sue
I sourre fs Real esfnte and the improve
nents thereon forming part n any raj
road terminal dennf ct yard or. ware
house or shop ACQUIRED after July
1ci2 even though II nay form part :
the operative pronertv of anv railroad
shall not he considered source Of Stat
revenue eNcept nv constitutional amend
inent unless such nropertv bad heel
r-ior n said date. part ~ railroad tel
rnInsl. depot. ward. warehouse or shop.
Al other prorertv srhfect ~ taxa
tion. excerf as herein srecfeed. or excer
a. NAV hereafter ~ directed nv a vol
I Of two-thirds NJ. an me rnernhere e'ecte
J 70 each house ~ the General Assemble
shall he sources ~ lor@i ,sxation.
Article IA
The General Assembly shall have pow'
: to levy for State purposes the foiiowin