The St. Mary banner., 1912-11-02


oss
g.. l',.,s'l -."1 o'a''3 as
7'@' ".' ".N
9th. Nj sugar FetlnerssS, rice mills,
cotton seed OIL mli!s, cotton seed oil
retihefi'1 ana rei'herIeS OF petroleum
and It's lro01e,S. sugar refinery
IS Ierep1 a. ..A"J 10 D. concern
tnat BUY aAd r.. tHes a4" s"4ar x
tlIStNelE' Z" = cr''@e.H tAaJ DHys and
reliucS H.,'.' raw ra2af tAat IA" az
SfeSate "t lL" sa-aF pEoutce- ly !
rom S"4' A' W" .'a pu.'A"+ ~
It.
tth, ~ names o sulphur, salr or
oya't ~ 4+,n. - .',,.. ''.'., ~ Z. l.f
''i,r11 ~ '.' t''
on. ,r. .n.,at...... ........... ~
..@+. enI'-...
s1,,r,..r..tt..r r. no 81. ,. ....
-. AsseIg.,'. ..III da. ~. . -.4o
nor nor lib ,..ts nj I'M. nu...
visions nt H.4 .u,.uf [,' sh..
onoratty. rr.,grry .r .acn
s6,,r>. I.,I rs-ar. ..r1 .- ~.
nroyaae.+s rr.r r,....' .F
anv rasI...r rel a.r.. ... ri
or waraHo.. nr sraa 9o........5 .f .r
| INV l.f. .,. .aa1,. j. f. ,.- #~.a
/ oar. VI ...r.r. .#s-
/ rr5Tv.rG .t.v r - ,ar.r ..H
/ rfr-. ,. s... r-yaa-., .-.... II,
cons .tut.oa., s..aa54urt ur
/ such n.0...r Tai rsa9 rl-gr ID. -.t
date naEt .E , railroad +a~uf.... a..
nof ward hoes. nr ,nrn.
A1I other pronartv ellbf.rt 10
taxation rxccr- rs barctn snarff.al.
or exernt ms rI7y hereaftor ba direct
GA nv \ vote Of twc-tbir5s Of All fbe
members elected to Zach hons, 0f he
! CcnoraI Assembly snail he sources
of local taxation
,rt..,. m
-
The General Assembly shall nave
power to levy Tor state purposes tue
following SPECIAL taxes:
/. A tax on lhe transfer OF STOCKS
in corporations not to exceed = cents
share.
2. tax on the organization OF
domestic corporations, organiZcd for
profit, excepting banks, fraternal in
surance companies, and building and
loan or homestead associations, not
. to exceed ten dollars flat, plus not
to exceed One-tWenieth Of one per
cent Of the authorized capital stock
2 and surplus, which tax shall be lev
S led upon increases of capital stock
, as well as upon original issues.
3. A tax on private corporations,
I organized for profit, for tha privilege
l Of exercising corporate funct ons, not
: to exceed ono-twentieth Of one per
| cent per annum on the outstanding
5 capital stock and surplus, excluding
| banks, fraternal and life Insurance
a companies and building and loan or
VI homestead associations; no such tax
to be less than five dollars. On tor-
: eign corporations this tax shali Dt
S levied on such proportions OF thell
l. capital stock and surplus as is used
/ in this State in lntra-state business
e In lieu Of the franchise tax on capl
i tai and surplus, life insurance com
:, panies, foreign and domestic, not III
~ II Guiding fraternal insurance assocla
- tions,' shall pay annually laat Lee lee q q
- $4,000 plus 500 on each SlV'oVo.o'
= of premiums collected III LouI9ta ian
I during the preceding year.
q 4. An annual al Va!orem taA W y,
al! automoDlles ana laAic@pS' ah4 ioIa ~
e so on all other au.o-urlven .e.l,a'e :
K used for transportation ol PEI soil9 = =
IS freight for hlre' Wlth per.i!Sslon - i.
II the local government, OIL the 1G9
al dence Of the owner 70 leyy a. an 90 @hllu, aua
le license tax not to exceed Paw etnt 0at
al half Of the proceeds OF lnl8 osaI a,
le tax collected from each owner s.,n5n sith!
'e go to the state gooo roaos L"ntia 10
lie the remaining moiety oI SUN 'l.
V shall be pald over oy t'se o'',ee - :
the governing auth"lI.y y, ~ l+t cot,
d ty from Whlch the illachlne - le7L =
u tered, to be deVotea eAclu''.Iis ~ y
II such governing aulhoILly 70 ne -
TX provemeht Oh tne puo'ic '''7 4 ' ~
le within Its JurlSdlctIon. ov
"a b. A tax on cotIon dueuie 04, 9,
It. tracts. IN lieu OF an ICen'e1 ~ e. e.,
vi ture brokers' OF not lnoie ntn enali - =
Sc teen nor less tfah zen een,s ~ ~
eacch purchase ana sue VI edGn nea, ~
bales, TO De palu On eacIi Ia :, - 90,
al tion, one,hall by the ouyer anu on
x half by the sener. ooe,oo rie