The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1912-09-05

Districts at the regular congressional
elections held in this State the first Tues
day after the first Monday In November
every two years; and at the said congress
sional election held just prior to the ex-
piration of their respective terms
3. The Commission shall maintain an
Office and have its domicile at Baton
Rouge. and the members shall reside in
Baton Rouge and devote their time ex-
clusively to the discharge of their du-
ties.
4. They shall each receive salary OF
Five Thousand Dollars per annum, be-
ginning January l, 1914. and their trav-
cling expenses not exceeding maximum
amount to be fixed from time to time by
the General Assembly. an itemized ac-
count of which shall be rendered In an
annual report.
s. The chairman of the first Commits
sion shall be named by the appointing
Board and serve until the expiration of
his term of Office, and thereafter the
Commission shall select it's own chair
man.
6. The Commission and the individual
members thereof shall perform such du-
ties in respect to assessment and taxa
ton as are herein prescribed, and such
other and further duties as the General
Assembly may from time to time pre-
scribe.
I. The General Assembly shall pro-
vide said Commission with an adequate
clerical force.
8. The Commission shall have power to
adopt and enforce such reasonable rules.
regulations and modes of procedure, not
inconsistent with law. it may deem
proper for the discharge of it's duties, and
to hear and determine complaints that
may be made against assessments. and
other OF its acts required or authorized
by law.
8. The Commission shall have power
to summon and compel the attendance
OF witnesses, to swear witnesses, and to
compel the production of books and pa :
n tab faSt md a.
sion, and to punish for contempt, as fully
as is provided by law for the district
courts. The General Assembly may pro-
vide other penalties for violating the or
ders of the Commission.
10. If any person. firm, association OF
corporation shall be dissatisfied with the
| assessment made or action taken by the
Commission. such party may file a petit
ton setting forth the cause Of objec-
| ton to such assessment or action of the
Commission or to either or both in a
court of competent jurisdiction, at the
domicile of the Commission, against said
Commission as defendant. Either party
| may appeal to the Supreme Court of the
State without regard to the amount in.
within ten days after the date that the
| decision of the lower court becomes final
| All such cases, both in the trial and ap.
pellate court, shall be tried summari:y
Such cases may be tried in the court O.
the first instance either in chambers Of
at term time.
II. No bond shall be required of sale
| Commission in any case in any court
nor shall advance costs. or security fol
| costs. be required of it.
| IL. 1t shall be the duty of the Attorney
General. and the various district attor
the Commission of the Governor, to ali
| the said Commission in all legal matters
and to prosecute and defend all cases II
accordance with such requests and direc
f~s
officers, when so requested or directed t.
perform the duties here imposed upol
Office.
1. After January LIST, 1914, all assess
ments for all State purposes, except a
hereinafter provided, shall be completes
on or before April LIST in each year, an
the taxes shall become due and payabl
on the first Monday in June Of each year
and shall become delinquent on the frs
Monday in September in each year. Fac
parish and municipality shall have tn
right to fix the date for the completion
Of its local assessments, and the paymen
of its local taxes and licenses, genera
and special. until otherwise prescribed b
the General Assembly. Until otherwis
provided. existing laws on these subject
shall be operative. Levee district take
and forced contributions. exclusive Q
produce taxes, shall be assessed and be
come delinquent coincidentally with par
ish taxes.
2. Public service corporations shall
assessed on their physical property an
on their franchises separately. but tn
General Assembly shall have power to dI
rect the Tax Commission to assess tn
property of such corporation at a valua
ton including both physical property an
franchises. to be determined by gross re
ceipts. or by dividends on stocks and in
terest paid on bonded debt, or by an
other available method
g. Incorporated banks shall be assesse
: by assessing the stockholders in the boo
: value Of the stock, /. e.. capital stool
r surplus and undivided profits less the a:
sessed value of real estate locally az
sessed and taxed. and less such turtle
deductions of not less than five per Gel
on their loans and discounts to cover ba
, debts and unearned interest as the Ger
eral Assembly may prescribe, which d.
/ duction shall be made only from the
surplus and undivided profits; all tax,
r to be paid by the banks and charged
the stockholders.
t 4. Individual bankers. banking firm
n and unincorporated banking association
l domlciled in this State, shall be assesst
: on the amount of capital, surplus al
OIL undivided profits actually employed
their business. less the assessed value
: real estate locally assessed and take
: actually and exclusively used and en-
e ployed in their business, and less SUI
e further deductions not less than five p
s cent on their loans and discounts
= cover bad debts and unearned interest
the General Assembly may prescrib
O which deduction shall be made only fro
: their surplus and undivided profits.
: 5. Foreign banks and individual BAN
e ers. banking firms and unincorporat,
: banking associations, domiciled out of Il
# State but doing business in this Stat
: shall be assessed on such proportion
e their capital. surplus and undivid
e profits is actually employed in tt
II State, less the assessed value of real e
n tate locally assessed and taxed, actual
and exclusively used and employed
e their business in this State. and lie
IS such further deductions, not less thu
e five per cent on their loans and di
counts. to cover bad debts and unear
ed interest as the General Asserh
e may prescribe, which deductions shs
: be made only from their surplus and u
: divided profits.
= 6. Insurance bonding and surety COZ
n panies, and persons, firms and associ
l. and surety business, excluding howev'
n fraternal insurance companies and ass
Citations, shall be taxed on percenta
- of their gross premiums received up
" their business done in this State. lie
Is return premiums and reinsurance in col
le panies or associations authorized to
J. business in this State. The percenta
n aforesaid shall not exceed three per &C
IL and surety business. except life a
te Industrial insurance and shall not e
to coed two per cent for life and industr
Is insurance. The special taxes to suppt
the Office of fire marshal and fire pl
" vention bureaus shall not be deduct
,e from the premiums hereby authorized
I'd be taxed. When by the laws Of any otf
~ State or country any taxes, fines. pc
III alties. licenses. fees, deposits of mon
ID or of securities, or other obligations
= prohibitions are imposed on insuran
8, bonding or surety companies Of this Sta
or doing business in such other State
le country, or upon their agents therein
< excess Of such taxes. penalties, fees,
In censes. deposits of money. or of secu
~ ties, or other obligations or prohibitic
IN imposed upon such insurance, bondi
ne or surety companies of such other st:
I'd or country. so long as such laws contir
T. in force the same obligations and pro
Il billions of whatsoever kind may be 1
Sc posed by the General Assembly of t
is State upon insurance, bonding or sur,
OF companies OF sucn other State or coun
re doing business in this State.
IS. T. Irrigation canals shall be taxed
T. a percentage not to exceed two per c,