The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1914-10-30
Act No. 90
Senate BIZ No. 81. BY Mr. Leon r. Smith
JOINT RESOLUTION.

Senate BIZ No. 81. BY Mr.. Leon r. Smith
JOINT RESOLUTION.
Submitting to the people Of the State Of
Louisiana, at the congressional cleo
tion to be held in November 1914, An
amendment to the Constitution Of the
State exempting from taxation for
ten (l0) years from the date Of COM
pietion the capital stock, franchises,
aud certain property of all corpora
rating within the State a combined
system Of irrigation. NAVIGATION and
water. streams and water sheds.
provided that each system he
completed and IN operation with
IN five t6l years from January
!, 1915, and providing further that
$4,000, 000.oo) shall have been ex-
pended in q construction Of each sys.
tenn.
Whereas, The State of Louisiana has
large areas comprising millions of
ceres Of land that can he 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 Carsls can he constructed Sc
as 70 provide irrigation. navigat ton
and power. and it Is the States duty
TO ercouraee and promote the organi-
cation OF such concerns:
Section l. Be II resolved ny the Cen.
eral Assembly Of the State of Louisi-
ana, two-thirds Of all the members
elected 10 each House concurring. that
the following amendment ~ the Corsti-
tuition be submitted to the qualified
electors Of the State for their abortion
or rejection at the conversational cleo
ton to be held on TIE first Tuesday az
ter the first Monday in the month Of No
vember, 1914. as follows;
There shall be exempt from TAXATION
for ten (1o) years from the date of COM
pletion, the capital stock franchises
and property Of all generations con-
structing, owning and operating within
the State a combined system of irricN
ton, navigation and hydro-electric pow
er, using fresh water of Louisiana
streams, and water shells, provided that
ton within five 90 years from Jaru-
airy /, 1915, and provided further that
not less than Three Million Dollars (s3,-
COO 600 00) shall have been expended in
the construction Of each system Nc
real or corporal property shall be COW
cred by this exemption except that
which is necessarily connected with and
apUurtenart to each canal system an6
forming part thereof: nor shall this ex.
emption extend to the assessed value
that such real estate had at the time II
may he ACQUIRED nv the co~nnanv: pro.
vided that the rieht OF the state to reg.
ulate the diversion of its rrN'ic waters
from their natural he'd shall not be
waived by this amendment.
Section 2. BE II further resolved
etc, That the oPTicial ballot to he used
at the said election shall have rrinte1
thereon the words: "Fo~ tho proposed
amnr1~nert n TIE Constitution of the
State % Louisiana exemot'ng from tav.
alton For ten t10) wears from the date
Of co~pletion certain new canals for
irripa ton, nav'ra ton and mower pur-
poses to he completed within five wears
with ca'i+a1 NJ not less than Three
Milton i,o,'ars 1000. 600. 0o)." And
the wor1s - @airet the amendment II
the Constellation If the state OF Louisi.
ana e~ewnting from TAXATION for ter
(10) wears FROM the date of completion
certain new canals For irrigation. nav.
igetion aN4 pover ~urpnses tn he com
plete' within five (5l wears. with cap
ital of rot less thar Three Million Dol
lars" And each e'ector shall indicate
as provided in the general election laws
Of the State whether he votes for OIL
against the proposed amendment.
THOMAS c. BARRRET,
Lieutenant Governor and President OF
the Senate
L. f. THOMAS,
Speaker OF the House Of Representative
Approved: July g. 1914
l. E. HALL
Envprn0r Of tho State Of ouia nj,