The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1912-09-27

seassS yslue Of real estate locally as
sessed and taxed, and less such luFtlet
deductions of not less than hve per cen.
on their loans and discounts TO cover pau
debts and unearned interest as Ihe HslI-
eral Assembly may prescribe. which ue-
duction shall be made only from their
surplus and undivided profits; all taxes
TO be paid by the banks and charged 10
the stockholders.
4. Individual bankers. banking firms
and unincorporated banking associations,
domicied in this state. shall be assessed
on the amount of capital. surplus and |
undivided profits actually empioyed III
their business, less the assessed value OF
real estate locally assessed and taxed
actually and exclusively used ana EN-
ployed in their business and less such
further deductions not less than hNe per
cent on their loans and discounts 10
cover bad debts and unearred interest rs
the General Assembly may preSri'oe'
which deduction Shall be made only from
their surplus and undivided profits.
;. Foreign hanks and individual bank.
ers banking firms and unincorporAlcd
banking associations domiCilcd out OF the
state but doing business in this State
shall be assessed on such proportion Of
their capital surplus and undivlde"
profits as is actually employed In TINS
state. less the assessed value ot real cS'
tate locally assessed and taxed, actually
and exclusively used and employed IN
their business I'm this state. aui less
such further Deductions, not less than
five per cent on their loans an" DIS
counts, to cover bad debts ana unea"n-
cd interest as the General Assembly
NAV prescribe. which deductions ShaH
he made only from their surplus ana UNI
divided profits.
E. Insurance, bonding and surety com
panies and persons. firms and asSocia-
! tons engaged in the insurance, bonding
and surety business, excluding however.
! fraternal insurance companies and asSh-
| Citations, shall be taxed on percentage
! of their gross premiums received upon
/ their business done in this state, less
return premiums and reinsurance in com
panies or associations authorized 70 DO
business in this State The percentage
aforesaid shall not exceed three per cent
! for all branches OF insurance. bonding
| and surety business. except life and
| industrial insurance and shall not eX-
coed two per cent for life and industrial
| insurance The special taxes to support
! the office Of fire marshal and fire pre-
ventiOn bureaus shall not be deducted
| from the premiums hereby authorized 70
! be taxed. When by the laws Of any other
| State or country any taxes, fines, PEN
alties. licenses. fees, deposits OF money
or Of securities. or other obligations or
prohibitions are imposed on insurance,
! 3; .i.,on. j. s,,ch n.hor ct,to ar
n"'"9 ,,,'or +hoir aront, +har.i, IN
excess Of such taxes. penalties, fees, IL
cenSeS, deNosits Of money, or of securi-
ties, or other obligations or prohibitions
.,.'p , ,,, a, t,n c.to
" I 20 i, ~ Wv, +;,,,o
in force the same Ohiiga tons and nrohi-
billions of whatsoever kind may be i'm
posed by the General Assembly Of this
tos oh tt,o. Stnt7 o,,t-
". so -, ~ 60, Va O0"''''
1r;ra.io nn,o,- otnr =. .oro, an
o,nant"rro ~ +n ovnaad .,,,o go car,
tboir 80 ro,oi4s o,,,, .,,ob rn,I oS
"a C"elL S'UeS ie'TiHus. oI'il 5"NL a.It -.
t 49, "." rtaI,.s t r,n, +ooIs
IA t,r,n,on1nrt. as oro ,,n"oSSn,v 70 the
[,ra tinr, nF o,,oI stoII ha
=. go n,,.n,oJ ~, NJ 80 -. 20
.;,,. All ot,,r rooi or.ot, ,nd nar,o,,or
~, ~ "'l" ~ ,hn
ha IonoI,, "a os,assod ona t,voI e'''''''
All sugar refin ae,,i rice mills. cot.
-" Ga III ,,,;,,, oa.ton co.I ~, "a
iI "a ,ofi,or,e of ,rotroio,,r, NJ
10 rroG %' stor ho ossesSea an tbe rs,,
,rS or i, I,oI,o+ion 0'' ''o
'''t' nv I-rtu ntbarr,is. nroy,5a5 nv N.
canora, ~ ssse,,hi, ~, vota ~ ,+b,rd,
Het 4 AmLe.os ,c,od ooob To,,sn a.
" rt .ir,os &c +" soi+ or Eva
=gI nNt- tNtNR
rr;as sard groraI ord ebaIi rjts sbaI
~ 100 49, nsrcon+oga ~ W. oros
- * oroa,,ot 80 tbo ,,n,,tL -
: 49, ,.'ou F,,,arrT, ~ 1T. Thi NV
.ne n.i'e, Vi, e,,a 49, rs rs. r. g.
it 49, W. 80 o.p+ fr ale 49, 49,
W.; ~ onnt for az ons ,os an(
We nar ospt for rock and otber minerals
. ;nci,s,ve ~ Gravel Sand and shells TIT
u ~ sh.I, nv ornIv En- Tho nrnd,rt ~ az,
r,ines ouarriee ~ Mite or n, or pas 1,aIIs
urhnra tho on,nor ntI,ar +S., n,,hi,, cav
II To- oorro-ot,n,s ,,.n, .ha $500 For ~
nr vi r,,r,.a 80 49, nt o,i ~
a. to nuod,,ot- ~. ~ o,,,to,t,,r. 49,
Z son,a in+n o,otbar nro5,,ct ~ saia
u yTbnro Nv cr,,,a, eord ~ sha1-r .ra +o,,a,
g trnr, az hnas 80 ,,hI,o 1870 O. Sro,,
= 49, .t"Ir, ''n 800 ,,hio. ~ ~, 49, g.,
=, w. rapar.l hss.r,hIv NOV ,a,v enenjo
Il ny Do!e.o I I.'oni 10y 4oN, 'pe Ia
l. ayes yer cupiC Sa'u W. Illa'eriao Lak re
= ~ az, ", 10 c,ia chiootn - MI
n ~ go VI 'a.u e stn.'lot. l |.
Al oneln,.iei.. "a cne on t 1.a.es 'nl az az
= puL t:, GO 49, lit, Gle 80, III 49, 49,,
Gus 1911 ~ ~ I,tI e.. Mnrh iTr -,
J. 800 vi ~ nc ou'.eu ntates surely AZ
Ie me uu!pose vi s,.n Hnnlc work &c nv
tnorlzeo 10 take Tree irc,n taxatlo
10 49, sntII y. sdnu iioii, tHe peus =
:, uuoi'e Wa'ei aIu tne puoIis Sioies .
Of ne S n s,r,I, ci.lhen OF tne o.a,
m snat. n1,e a., s ~. risnI 10 take sue
10 ,Iiateii . upt Ills own oersona' use Ire
q! la1ai ta lTt un,sSs tney are taken ~
III ~ rar. 'o ~ CIV Iouhan nlopeiE
"a .ne owners .. sucn I.ines Wens, ousrrle
ana PTS, eNcert iIacnlnerV tools ana I'M
er plenienls apsoiuteiy eSsentlal 10 Lhe OF
re GRAFTON OF any nine; oil or gas We'll sion
10 uudlTE. sahu SrdPei or smell Dit, snn eH
a cept the prnducts themselves whhe
g. the hanQS NJ ire producer, snail De lC