The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1914-09-05
Act No. so

Senate Bill No. 50. BY Mr.. Leon r. Smith.
JOINT RESOLUTION.
Submitting to the people of the State of
Louisiana. at the congressional cleo
ton to be held in November. 1914, an
amendment to the Constitution OF the
ten GO) years from the date of com
pfetion the capital stock, franchises.
and certain property of all corpora
lions constructing, owning and ope-
rating within the State combined
system of irrigation, navigation and
water, streams and water sheds,
provided that each system be
completed and in operation with
I. 1915, and providing further that
not less than Three Million Dollars
00,0o0.o0) shall have been ex-
pended in a construction of each sys-
Whereas The State of Louisiana has
large areas comprising millions Of
acres of land that can be reclaimed
and brought into cultivation by irri,
cation, whereby large additions will
Be made to the population and, the
assessed value Of the State; and.
Whereas, Canals can be constructed SO
as TO provide irrigation. navigation
and power, and 1t Is the States DUTY
TO encourage and promote the organl-
zation Of such concerns;
Section l. Be 1t resolved by the Cen
eral Assembly OF the State OF Louisi-
ana, two-thrds Of all the members
elected TO each House concurr1hg. that
the following amendment to the Consti-
tuition be submitted to the qualified
electors OF the State for their adoption
or rejection at the congressional elec-
ton to be held on the first Tuesday az
ter the first Monday in the month OF NO
vember, l914, as follows:
There shall be exempt from taxation
for ten G0) years from the date OF com
pletion. the capital stock, franchises
and property OF all corporations con
the State a combined system of irriga-
ton. navigation and hydro electric pow
err, using fresh water Of Louisiana
streams, and water sheds, PROVIDED that
ton within five t5} years from Janu.
airy I, 1915. and provided further thae
not less than Three Million Dollars tsS,-
900 100000 shall have been expended ~
real or corporal property shall be GOV,
cred by this exemption except tnas
which is necessarily Connected with ano
appurtenant to each canal system ana
forming part thereof; nor shan lhls e&
emption extend TO the assessed value
that such real estate had at the time II
may be acquired by the company, pro-
vided that the right of the state TO reg
ulate the diversion of its public waters
from their natural bed shall not pe
waived by this amendment
Section 2. Be 1t further resolved
etc. That the official ballot 70 be useo
at the said election shall have printed
thereon the words: For the proposed
amendment to the Constitution OF the
State of Louisiana exempting from tax
alton for ten t10) years from the date
of completion certain new canals lof
irrigation. navigation and power pur-
poses to be completed within rive years
with a capital of not less than Thfee
Million Dollars $4,000, 100000: Ano
the words: Against the AMENDING ns &c
the Constitution of the State OF Loulsi-
ana exempting from taxation for ten
10) years from the date OF complexion
certain new canals for irrigation. nav
igation and power purposes to pc com
pleted within five 80 years. with cap
ital of not less than Three MilEon , Dol.
lars And each electer snail inolcale
as provided in the general election Jaws
of the State whether he votes 1of VI
against the proposed amendment,
THOMAS c.. BARRR FL.
Lieutenant Governor and Presldeht ol
the Senate.
t. F. THOMAS.
Sneaker of the House Of Representatives
Approved: July g. 1914
I. f. HALL.
Governor of the State OF Louisiana
true copy:
ALVIN e. HEBERT.
Secretary of State.