The Caldwell watchman. (Columbia, La.) 1885-1946, 1912-10-04
.,r,,,. ava ,,,1tv,ded nrofts fess the as.

seSSei and taxed, and less sucH iufthe.
deductions of not less than f1Ve per cen,
on their loans and discounts 10 cover pau
debts and uneaIned interest as the Gen
eral Assembly may prescribe. when de-
snctio,. snail De made only from the't
surplus and undivided profits. all taxes
10 be pai,. by the banks and charged 10
the Stockholders.
4. Individual bankers. barking firms
and unincc rpOrated banking associations,
domiciled in this State. shall De assessor
on the amount o: capital, surplus ana
|! undivided profits actually employed III
their business, less the assessed value OF
real estate locally assessed and taxed
actually and exclusively used ana en-
| ylcycd in their business and less sucf'
| furt her deductions not less than five per
cent on their loans and discounts 10
cover bad debts and uncaTned interest rs
tie General Assembly may prescribe.
which deduction shall be made only from
| their surplus ana undivided profits.
b. Foreign banks and individual bank
crs. banking firms and unincorporatcd
( banking associations. domic'ed out OF the
! state but doing business In this state,
Shall be assessed on such proportion OF
their capital. surplus ana undivided
profits as IS actually employed in this
state. less the assessed value Of real es-
tate locally assessed and taxed. actually
/ ana exclusively used and employed IN
! their business in this STATE, AMI less
sllc, further 0e!uctior& not less than
/ five Icr cent on their ioarS AMI dis
counts 10 cover bad DENTS and unearu-
cd interest as the General Assembly
may prescribe. (which deductions shall
/ uc made only from their surplus ana TN
: divided profits
6. Insurance, bonding and surety cont
ranies. and persons. firms and associa-
tons engaged in tho insurance, bonding
! and surety business, excluding however,
. fraterEIl insurance companies ana assoc
Citations. shall be taxed on a percentage
OF their gross premiums received unun
, their business done In this State. less
return premiums and reinsurance in COM
panioS or associations authorized to do
! irusiuess IN this State. The percentage
aforesaid shall not exceed three Per. cent
for all branches OF insurance, bonding
and surety business, except life ard
I industrial insurance and shall not cN-
coed two per cent for life and industrial
( insurance. The special taxes to support
the Office Of fire nlrShal and fire pre-
ycntinn bureaus snail not he deducted
! from the premiums hereby authorized to
be taxed. Wieh By the laws Of any other
state or country any taxes. fines. pen
allies. licenses. fees deposits Of money
OF Of securities. or other obligations or
| prohibitions are imposed on insurance.
' 'i W SUR 'oni"%Hi'S "a l','S ot'le
'''''n. '"'''.nS ~ SH,H 't',ul 80, W
,,'l'..N, VI 10. ttsl' 'tEt,'S '''rIclH IN
CCnseS. GenoSllS Cf money. or Of s2curi-
ties, or other obligations or prohibitions
imposed upon such insurance, bonding
~, n,,n;y, cp 81 ~ E'i "tef .tate
=; s 81 '"''s a., gu, - ''"' ,"''il,'.e
II! XIV e"s ei.1'e oul'|f tlI''" anu sIo'h-
,nseI w., ~ W. $500, h,,,u L!,E ns ~!
,t,, nf &c ',e'.''a' SSSrni"'! VI in's
$50 u!"" sinu' ''' N",rilS OF surety
/ t"':,''E'' ttS '' Sucl ctHeF H'a'e or country
| ue'hH nHHIt:sS IN ir'S l''n'"
T. lI't-''t"n t'ihaiS Soa, he laNeh on
it'.'t'aEe h"t - exceed Two FER cert
~ u'cH SihH' ,e'nu.'S' only Suci' rea' eS-
re, - ana ths nui!"ihss ana structures
| ;hP'P'' liS"iS "i way, machinery. to"'S
ana ln'pIemertS as are necessary to IN"
".FeFatlon OF any canal shall be included
! IN ana coveT"f ~ inns taN on gross re
ceirts. All oiher real estate and persona
nfor'r'v or the owner OF any cana! shall
ne 'oc.IF aSsesSe" ana taNn1
o. ~ S"S'l .rh'ie'ieS' 'l'e MUS. cot
ron SEED "il fnhS. cotton seed oil re-
'inerirs ana rsf,nrr'es OF n"Strelenn ~. !
III 'l'""''S S'''i ne assessor on the 1alr
"'o'N' I,,' .;'oa .,on.
H ~ NsIeHlp'E ny vote or two thlrds
y. ,n. u,e','.,N e'r'1p, ~ e'cI h"use, VT
"r'ritlhs MINES OF suirhur, SAT- or other
1''he' uS' nv rn OF gas WeIs an stone
res, S'u"' SraVe' ana she,i PITS sha'I
we taNen u'ol percentage nt the gross
Nl"e 81 me product AT me mouth OF
me mime. Wen. quarry or DIT This per
s,,,,,.,r ,h -. f"a eSc,to w. rar cent ~,
S"tt,,ur, thfee re! cent fnr sat- two and
| ,He-iau reT cent fnr on and gas. and
.WH ''sr cerl Tor rook and other minerals.
| INTRUSIVE OF SfaFe'. saifd ana smells. ThiS
tax shai' rnt amply to the "roduct of any
n,hes. r ., or Prs or oil or gas wells.
Wneie .,.e..onnsr' MhrF ,tHn pnnhc ser
3 ~ ~ u.s. ne Sfine Hi DIS
M ,.s u' ~" "oes nt sen we
.,,e u ' u. ~ ti"iaetufe tne
We UT. 'nsn a;'",ner nr"rnc, Tor SAFE.
~, ...I $50. s.''u sntIs are lahe''
s s"',, we 80 w JUNE waters OF 1,',i
.'io Nv. S"'lect ~ FINate oWhership
,nt "sne.al rSSel'lu.' may ieV' snecla
49, ~, .u' ~, saiu -. nl.'etla' lakeu
. m"u 10y ~ unl''.ehi sneclai ", raN
cn,.o",,, ~ 81 W. .,,Tu;, o. Aa.lo.. llle
,'Nel.''lseh. ~ tne 'ni,e" >tafes tnr any
n nn'..re;, una contractors engaged IN the
CO. ~ y. ~. .o ~ az. "nih int I've
luz oi LOT we tni'ea rtteS SotelS iol
"''s" VI s,'h '.'''' ""rh ~" ""-
! 'h"F'I"n 10 take iree from tHXatio!
sr,,s'. sns'l OF saIa from tne heds ol
.'o'is Ma'eiy asu w. pup'ie SHORES nl
| ,u 49,. ss,,, -. W ~. o,h'.
! H'n,. wv Sin'''.i iiSll W take suct
80 a. unr ms own personal use free
i',t' '.N''l"h; ui'isHs tiieS are taken 1ol
a'e' All 'e's' any terSohi' property o.
.nt "M ~. " s'tcn n',"es. WenS. onarrle!
ana 'ifs' eEceht t'acaiheff. tools and I'M
.;s ansu'rs eSeh'lAi 10 me oo'
e,,nr,, ~ .,n5 ~ 49,; VI 's ven. s'ol,'
. S"' ~ H'e,' UT r''' eH
ttbt tlc ffs."m'ts themselves Wf,ie II
~. a, ~. 60 Sha' NE 10
~ N ''T NJ Coz, 10" ~ - n,.
sorvea Gov Loo, | ,arot,, , p,o'eIN re
| X! teH ''i 49, 'a""ti =" Hi''" re assessed