Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1912-10-25

lay after tire first Monday in Nosem
very two Years; and II rhe said congres
ional election he'd just piiar 90 the ex
iration 81 their respective terms.
,. The CommissiNn shalt maintain al
Mice and have its aou'iche at Bttor
sOuge. and the members snail reside III
3aton Rouge and devote their tine ex
clusively to the discharge OF their du-
les.
T. They shall each receive salary OF
rive Thousand Dollars per annum, be-
ginning january l. 1914. and their trav-
cling expenses. not exceeding maximum
mount to be fixed from time to time Dy
The General Assembly. an iteniized ac-
count of which shall be rendered In an
nnual report.
s. The chairman Of the first Commits
ion shall be named by the appointing
Board and serve until the expiration OF
his term of office. and thereafter the
Commission shall select its own chair
nan.
s. The Commission and the individual
members thereof shall perform such du-
lies in respect to assessment and taxa
lion as are herein prescribed, and sucn
Nther and further duties as the General
assembly may from time to time pre-
scribe.
Z. The General Assembly shall pro-
vide said Commission with an adequate
clerical force.
| 3. The Commission shall have mower 70
| adopt and enforce such reasonable rules,
| regulations and modes Of procedure, not
inconsistent with law. as II may deem
proper for the discharge Of its duties. and
TO hear and determine complaints that
may be made against assessments. and
j other Of its acts required or authorized
/ by law.
9. The Commission shall have power
to summon and compel the attendance
| II witnesses. to swear witnesses, and TO
compel the production. OF books and pa
ners. to take testimony under commits
| sion. and TO punish for contempt. as fully
as Is provided by law for the district
courts. The General Assembly may pro-
lNrfHA nfh for Win In -
ders OF the Commission.
10. II any person, firm, association or
corporation shall be dissatisfied withtthe
assessment made or action taken by he
Commission. such party may file q pe4
ton setting forth the cause OF ob1ec-
ton tn such assessment or action OF the
Commission OF 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
VOWED: such appeals TO be returnahle
within ten DAYS after the date that the
decision OF the lower court becomes final
All such cases. both in the trial and ap-
and by preference 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 shah be required of said
, Commission IN any case in any court
, nor shall advance costs, or security for
costs, be REQUIRED of II.
~. 1t shall'be the duty Of the Attorney
General, and the various district attor-
neys. on proper request or direction by
the Commission OF the Governor, tn aid
: the said Commission in all legal matters
, and to prosecute and defend all cases In
accordance with such requests and direc-
! tions. A failure on the part Of such Law
; officers, when so requested or directed q
rerform the duties here imposed upor
them, shall constitute misfeasancs n
office.
Article vi.
1. After January LIST. 1914. an assess.
, hereinafter provided, p shall be completed
on or before April 1st In each year, and
: the taxes shsll become due and payabl,
E on the first Monday IN June Of each year
! and shall become delinquent on the FRS
! Monday in September In each year. Eaci
/ parish and municipality shall have thu
/ right to nix the date for the completion
' ~ its local assessments. and the paymen
! Of its local taxes and licenses. genera
and special, until otherwise prescribed h.
Z the General Assembly Until otherwise
!, provided. existing laws on these subject
4 shall be operative: Levee district take
4 and forced contributions. exclusive o
: produce taxes. shall be assessed and be
r come delinquent coincidentally with par
4 ish taxes
: q Public service corporations shall b
: assessed on their physical property an
v on their franchises separately, but tn
g General Assembly shall have power to al
docCr6
: property Of such corporations at a valua
n ton including both physical property an
: franchises. to be determined by gross re
: CENTS. or by dividends on stocks and In
n terest paid on bonded debt. or by an
+ other available method.
! s. Incorporated banks shall be assesse
: by assessing the stockholders in the boo
% value Of the stock, l. e., capital stool
n surplus and undivided profits less the as
p sessed value OF real estate locally as
sessed and taxed. and less such turtle
> deductions of not less than hve per Ger
? on their loans and discounts to cover ba
" debts and unearned interest as the Ger
) eral Assembly may prescribe, which Dc
ID duction shall be made only from the
: surplus and undivided profits: all take
n to be paid by the banks and charged
P the stockholders.
n 4. Individual bankers, banking hrr
In and unincorporated banking association
d domiciled in this State. shall be assesss
l. on the amount OF capital, surplus an
10 undivided profits actually employed
their business. less the assessed value I
> real est-te locally assessed and take
4 actually and exclusively used and en-
Ne plnyed in their business. and less sue
ie further deductions not less than five p,
rs cent on their loans and discounts
= cover bad debts and unearned interest
the General Assembly may prescrib
to which deduction shall be made only fro
l. their surplus and undivided profits
A. 5. Foreign banks and individual banl
be ers, banking firms and unincorporats
A. banking associations dofniciled out Of Il
m State but doing business in this Stat
A. shall be assessed on such proportion
se their capital surplus and undivid,
re profits as Is actually employed in I'll
or state, less the assessed value Of real e
in tate locally assessed and taxed actual
and exclusively used and employed
ne their business in this State. and LEI
ds such further deductions. not less tbs
Sc five per cent on their loans and d.
counts. TO cover had debts and unear
ed interest as the General Asse~H
We may prescribe. which deductions sha
r be made onlv from their surplus and Vi
r divided profits
a. 8. Insurance, bonding and surety cor
In panies. and persons. firms and associ
Sc lions engaged in the insurance. bondii
u and surety business, excluding howevt
in fraternal Insurance companies and ass
Citations. shall be taxed on a perennial
w their business done in this State. ie
rs return premiums and reinsurance In cor
he paries or associations authorized To
o. business IN this State. The percenta
en- aforesaid shall not exceed three per &c
nc for all branches Of insurance, bondii
tie Industrial insurance and shall not e
TO ceed two per cent for life and industri
as insurance. The special taxes 70 suppc
the office Of hre marshal and FIRE pr
ay vention bureaus shall not he deduct
he from the premiums hereby authorized
nd he taxed When by the laws Of any 9th
~ State or country any taxes. fines, pc
an alties. licenses. fees, deposits 81 mon
ed OF Of securities. or other obligations
X prohibitions are imposed on insurans
rs. bonding or surety corlnanies Of this sta
ar doing business IN such other State
re country, OF upcn their agents therein
r. excess Of such taxes. penalties. fees.
In renses derosits of money. or of seeui
ng ties. OF other obligations or prohihtio
IN imposed upon such Insurance, bondi
~. - s,,rofx corr,na MES If gr1ch ofhar Sta