The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1912-09-14


travelling expenses, not exec edlng
maximum amount to be fixed from
time to time by the General Assem-
bly. 81 ttsmized account of when
shall be rendered in an annual re-
port.
). The chairman OF the first COM
mission shall be named By tne ap
pointing Board and serve uhtll u
expiration of his term OF ONCE, anu
thereafter the Commission shaH
| lect it's own chairman.
6. The Commission and the lndis.u,
ual members thereof shall perIolM
| such duties in respect to assessment
and taxation as are herein prescflO-
ed and such other and further gu
ties as the General Assembly Nay
from time to time prescribe.
7, The General Assembly shall pro
vide said Commission with an auo
Guate clerical force.
s. The Commission shall nave po"
er to adopt and enforce such reason S'3l-
able rules, regulations ana hi'ut =
OF procedure, not inconS-stent W.
law, as it may deem proper loi ~.
discharge Of its duties, ana 10 heai
and determine complaints lhaI may Do
made against assessments, ana otnel
Of its acts, required or authorlzeu ~
law.
The Commission shall have pow
or 10 summon and compel me a.
tendance of witnesses, to swear VIZ
nesses. and to compel the production
,, OF books and papers, to take testlil |,
.. nv under commission, and TO pun.sn
,, for contempt. as fully as is proVlueu
nv law for the district courts. II
General Assembly may PROVIDE oln
o. nenalties for violating the ORDERS
of the Commission.
10. If any person, firm, assccla'lon
: or corporation shall be dissatlsileo
r with the assessment made or action
2 taken by the Commission, such party
NAV file q petition setting forth tne
. cause Of objection to such assessment
r or action of the Commission OF q
< either or both in Court OF coupe
, tent Jurisdiction, at the domlcle OF
5 the Commission, against SAID ooui
a mission as defendant. Either part!
may appeal to the Supreme Court "
, the State without regard 10 Ine
amount involved; such appeals 70 oe
ret,Irnable within ten days after ths
: date that the decision Of the lower
Court becomes final All such cases
both in the trial and appellate court
shall be tried summary and by pre-
ference over all other cases. Sucl
g cases may be tried in the court Q
L the first instance either in chamDei'
> or at term time.
!, IL. No bond shall be required Q
: said Commission in any case III dh9
,, court. nor shall advance costs or Sc
curity for costs, be required OF IT,
! - It shall be the duty of the AZ
tornev General, and the various dis
trict attorneys, on proper request 0
= direction by the Commission or !he
y Governor. to aid the said Commission
!. in all legal matters, and 10 prosecute
and defend all cases in accordance
q with such requests and dlrecllohs. ~
: failure on the part of such law Oil
GERS, when so requested or direcl
= ed to perform the duties mere III
q posed upon them, shall constitute NIL
: feasance in office.
e Article vi.
/. After January list, 1914, all as
h sessments for all State purposes, ex
O cent as hereinafter provided, sha
J. be completed on or before April is
) in each year, and the taxes shall be
l. come due ana payable on the ITS
d Monday in June of each year, an
2 shall become delinquent on the frs
j. Monday in September in each year
S Each parish and municipality shal
IF have the right to fix the date TO
= the completion of its local assess
e ments, and the payment Of its loca
S taxes and licenses general and spec
d ial, until otherwise prescribed by tn
II General Assembly. Until otherWls
|. provided, existing laws on these sui
If jects shall be operative. Levee dls
< trict taxes and forced contributions
t. exclusive of produce taxes, shall b
II assessed and become delinquent &C
IS Incidentally with parish taxes.
5 2. Public service corporations sha
/ be assessed on their physical proper
D. ty and on their franchises separately
e but the General Assembly shall hav
D. power to direct the Tax COmmiSslO
r to assess the property of such corpt
i rations at valuation including bot
e. physical property and franchises,
IS be determined by gross receipts,
d by dividends on stocks and interes
n paid on bonded debt, or by any othe
d available method.
D. 8. Incorpora banks shall be al
y sessed by assessing the stockholder
=, u on the book value of the stock, i. e
- capital stock, surplus and undivide
: profits less the assessed value Of re-
a estate locally assessed and take,
- and less such further deductions {
: not less than five per cent on the
loans and discounts to cover ba
debts and unearned interest as tt
General Assembly may prescrib
which deduction shall be made on
D. from their surplus and undivided pr
a fits; all taxes to be paid by II
of banks and charged to the stockhol
OF ers.