St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-10-19
ACT NO. 10.

ACT NO. 10.
Senate Bill No. Z. BY Mr.. 8ehaTer.
Joint resolution submitting to the
people Of the state Of Louisiana. OF
the Confessional election to be held
in Novem Der, 1919. an amendment
8 the Constitution Of the State ex-
mptinx from taxation for ten (lO
vears from tho date Of completion
he capital stock. franchises. and Ger
ain property Of all corporations con
structing owning and operating With
In the state . combined system OF "
igation, navigation and hydro-easc-
trio power. using fresh water streams
and water sheds. provided that each
system be completed and in opera
ton within ave (5) years from Janu-
AIRY 1, 1913. and provided further
that not less than i've million dollars
shall have been expended In the con-
struction 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 Dy
irrigation, Whereby large additions
viii be made to the population ana
he assessed value of the State; and'
Whereas, canals can be construct
ed so as to provide irrigation. navi-
cation and power. and 1t 10 the
States duty to encourage and pro-
mote the organization OF such con-
Germs:
Section I. Be it resolved BY the
General Assembly Of the State OF
Louisiana, tNo-thirds OF all the men,
hers concurring, That the following
amendment to the Constitution be
submitted to the qualified electors
of the State for their adoption or re-
lection at the Congressional cleo
ion to be held on the frst Tuesday
after the first Monday in the month
November, 1919, as follows:
There sh6iI be exempt from tax
alton for ten (10) years from the
date Of completion. the capital stock
franchises an1 property of all cor
porations constructing, owning and
operating within the State COM
pined system of irrigation. naviga-
ton and hydro-electric power. using
fresh water Of Louisiana streams.
and watersheds. provided that each
system shall be completed ana In
operation within five 90 years from
January l, 1918, and provided fur
Their that not less than five million
dollars shall have been expended II
the constructions Of each system. M
real or corporal property shall be
covered by this exemption except
that which Is necessarily connected
with and anpurtenant to each canal
system and forming part thereof. nor
shall this exemption extend to the an
sessed val1e that such real estate
had Ut the time 1t may be acquired
by the company; provided that the
right of the State to regulate the di
versions Of its public waters from
their,natur9l beds shall not be waiv.
ed by this amendment. {.
Section .. Be 1t further resolved,
etc, That the official ballot to be
used at said election shall have print.
ed thereon the words For the pro-
pssed amendment to the Constitu-
ton of the State of Leuisiana ex-
empting from taxation for ten (10)
years from the date of completion
certain new canals for irrigation.
navigation and power purposes to be
completed within I'VE years with n
capital Of not less than i've million
dollars" and the words ..Against the
amendment to the Constitution Of
the State Of Louisiana iexenpting
from taxation for ten f1O) years
from the date Of completion certain
new canals for irrigation, naviga-
ton and power purposes to be cOin-
pleted within i've (5) years with 8
apital of not less than $5.000,O00.' =
And each elector shall indicate ~
rovided in the general election laws
( the State whether he votes for OF
aga INST the proposed umend,r ent.
THOMAS C.. RARREr,
IL cutt nant Co srs.... nd President
II the Senate; =. 80. :.
Speaker ofsthe House of Repre-
sentative4,
Approved August a. 1912.
L. E. HALL.
Governor Of the State of Louisiana.
A true copy.
ALVIN e. HEBERT,
Secretary Of State.
ACT NO. IL.
enate Bill No. 8. BY Mr.. Voegtle
Joint resolution proposing an
amendment to the Constitution Of
the State of Louisiana exempting
from taxation the legal reserve Of
life insurance companies organized
under the laws of this State.
Section /. Be It resolved BY the
General Assembly Of the State Of
Louisiana. two-thirds of oil the men,
bers elected to each house coneurring
That the following amendment 20
the Constitution of the State be sub
mitted to the qualified electors of
tho SfAfa rnr thn}r NNnv>A@nn No On