The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-08-29

travelling expenses, not exceeding
/ maximum amount to be fixed fron
. time to time by the General Assem-
. bly,, an itemized account of whicl
/ shall be rendered in an annual re
port.
5. The chairman of the first Com
mission shall be named by the ap
pointing Board and serve until thu
expiration of his term of office, ant
thereafter the Commission shall Sc
lect it's own chairman.
i 6. The Commission and the indivld
ual members thereof shall perform
such duties in respect to assessment
and taxation as are herein prescrib
ed. and such other and further du
ties as the General Assembly may
from time to time prescribe.
Z. The General Assembly shall pro
vide said Commission with an ade
Iquate clerical force.
8. The Commission shall have pow
er to adopt and enforce such reason
able rules, regulations and modes
OF procedure, not inconsistent with
law, as it may deem proper for the
discharge of its duties, and to hear
and determine complaints that may be
mada against assessments. and other
of it's acts, required or authorized by
law.
9. The Commission shall have pow
er to summon and compel the at
| tendance of witnesses, to swear wit
nesses, and to compel the production
of books and papers, to take testimo-
ny under commission, and to punish
for contempt. as fully as is provided
by law for the district courts. The
General Assembly may provide 9TH
er penalties for violating the orders
of the Commission.
10. If any person, firm, association
or corporation shall be dissatisfied
with the assessment made or action
taken by the Commission, such party
may file petition setting forth the
cause of objection to such assessment
or action of the Commission or to
either or both in a Court Of compe-
tent Jurisdiction, at the domicile of
the Commission, against said Com
mission as defendant. Either party
may appeal to the Supreme Court of
the State without regard to the
amount involved; such appeals to be
returnable within ten days after the
date that the decision of the lower
Court becomes final. All such cases,
both in the trial and appellate court,
shall be tried summarily and by pre-
ference over all other cases. Such
cases may be tried in the court of
the first instance either in chambers
or at term time.
II. No bond shall be required of
said Commission in any case in any
court, nor shall advance costs or Sc.
curity for costs, be required of it.
IL. It shall be the duty of the At
!orney General, and the various dis.
trict attorneys, on proper request or
direction by the Commission or the
Governor, to aid the said Commission
n all legal matters, and to prosecute
md defend all cases in accordance
With such requests and directions. A
allure on the part of such law Off.
ers, when so requested or direct.
ID to perform the duties here I'M
0sed upon them, shall constitute mis-.
easance in office.
Article vi.
i. After January LIST, 1914, all as.
for all State purposes, ex'
ept as hereinafter provided, shall
e completed on or before April LIST
q each year, and the taxes shall be-
ONE due and payable on the first
i0nday in June of each year, and
hall become delinquent on the first
[onday in September in each year.
'aoh parish and municipality shall
ave the right to fix the date for
he completion Of its local assess.
tents, and the payment of it's local
axes and licenses general and spec.
i, until otherwise prescribed by the
eneral Assembly. Until otherwise
rovided, existing laws on these sub.
scts shall be operative. Levee dis. :
.ict taxes and forced contributions, :
Of produce taxes, shall be :
Bsessed and become delinquent CO
ACCIDENTALLY with parish taxes.
2. Public service corporations shall {
. assessed on their physical proper 6
: and on their franchises separately, =
ut the General Assembly shall have e
over to direct the Tax Commission 8
assess the property of such corpo- %
ltt0ns at q valuation including both 8
hysical property and franchises, to d
, determined by gross receipts, or &
dividends on stocks and interest
lid on bonded debt, or by any other r
'ailable method.
s. Incorporated banks shall be as. e
'ased by assessing the stockholders k
the book value Of the stock, |. e., a
lDital stock. surplus and undivided p
'0fits less the assessed value of real p
tate locally assessed and taxed, Il
ID less such further deductions Of II
It less than five per cent on their
ans and discounts to cover bad Ell
,bts and unearned interest as the D,
sneral Assembly may prescribe, b,
htch deduction shall be made only Of
om their surplus and undivided pro. pl
q; all taxes to be paid by the "
'nks and charged to the stOckhold- m
.. fr
1. Individual bankers, banking firms m