St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-10-05

e'n4e''>'' THOMAS C. BARRET.
Lieutenant Governor ana Fres'oo"N
" ~o T.. E. THOMAS.
Speaker Of the House OF Repre-
sentatives.
Annroyed August "a. 1912.
l.. E. HALL.
|c-aor ~ tho State Of Louisiana.
A true copy.
ALVIN e. HEBERT,
Secretary of State.
ACT NO. 10.
(senate Bill No. Z. BY MT. Scnaner.
Ioint resolution submitting to the
noonle Of the State of Louisiana, ~
the congressional election to be helo
IN November, 1912, an amendment
tn the Constitution of the State ex-
emnting from taxation for ten tlo)
wears from the date of completion
he capital stock, franchises, and Ger
ain property of all corporations con
structing owning and operating Win
| in the state q combined system OF IT
igation, navigation and hydrc-eiec
trio power, using fresh water streams
and water sheds, provided that eacn
system be completed and in opera
tior within five (5) years from Jano
airy l, 1918, and provided 1uI ua.
that not less than five million uota1s
shall have been expended IN the con-
struction of each system.
| Whereas, the State OF Louisiana
has large areas comprising mlinon
a. acres Of land that can pc reclaim
Cd and brought into cultivation os
IRRIGATION. whereby large adolsions
will he made to the population anu
tha assessed value of the State; anu
whereas. canals can be CONSTRUCT
I'd 60 "a to provide irrigation, nav
eation and power, and 1t IS tne
state's duty to encourage ana pIo-
mote the organization OF such eone
Germs: ,v tho
General Assembly of the state VI
oniaiana. two-thirds of all the mem
hera concurring, That the following
an endment to the Constitution De
submitted to the quanheu e1es - :
of the State for their adoptton OF -
lection at the Congresslonal eiee
tion to be held on the first Inesoas
after the first Monday In the noh'n
Z November. 1912, as follows:
There shall be exempt from tax.
alton for ten (1O years from tne
date Of completion, the capital STOCK
franchises and property OF all cor,
|norations constructing. owning anu
generating within the State q com
mined system of irrigation, naviga-
tion and hydro-electric power, using
fresh water of Louisiana streams
land watersheds. provided that each
|svstem shall be completed en-: II
loneration within fige (51 yeas fsc'
January /, 1918, and provided ~
lther that not less than five millioi
dollars shall have been expended y
the constructions of each system.
/ real or corporeal property saaH u
covered by this exemption exec
. that which Is necessarily ccnnsfS
with and appurtenant to each cana
system and forming part thereof. H.
shall this exemption extent 70 tas a.
sessed value that such real es a !;
| had at the time 1t may be ACQUIRE
] Iby the company; provided that IN
+ fright of the State to regulate the III
5 versions of its public waters l:.'n
t their natural beds shall not be va
! led by this amendment.
Section 2. Be it further resolved
| etc. That the official ballot to b
r used at said election shall have print
j ed thereon the words "For the pre-
posed amendment to the Constitu
ticn of. the State of Louisian& ca
empting from taxation for ten Go
wears from the date OF completion
{ certain new canals for irrigation
navigation and power purposes 70 q
coz. pleted within five years with
capital Of not less than five millio
dollars" and the words Against u
amendment to the Constitution
the State of Louisiana exeMptin
from taxation for tenlalloD year
from the date of completion certas
new canals for irrigation. navlss
ton and power purposes to be con
:. pleted within five (5) years with
e apital of not less than $5,OOO,OOO.
It And each elector shall indicate q
: rovided in the general election law
h LOT the State whether he votes for
i. against the proposed :smena'l ent.
vi THOMAS G. nARRET.
e ;.lnu.t nant Go ef.:..' ; ma Fre5"sen's
v If the Senate.
j !" L. L. THOMAS,
j Speaker Of the House OF Repre-
e1 sentatives.
Approved August "a, 1912.
~ l.. E. HALL,
If Governor of the State of Louisiana.
l. A true copy.
RI ALVIN E. HEBERT,
1t Secretary Of State.
If -