The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1914-09-10
Act No. 80
Senate Bill No. 81 BY Mr.. Leon r. smith

Senate Bill No. 80. By Mr.. Leon r. Smith.
JOINT RESOLUTION.
Submitting to the people of the State Of
Louisiana. at tbs congressional cleo
tion to be held in November. 1914, an
amendment to the Constitution of the
State exempting from taxation f9F
ten (I0) years from the date of COM
pietion the capital stock. franchises,
and certain property of all corpora
tions constructing, owning and ope-
rating within the State combined
system of irriga tion navigation and
hydro-eiectric power. using fresh
water. streams and water sheds,
provided that each system be
completed and in operation with
in five (5) years from January
/, 1915;@-and providing further that
not less than Three Million Dollars
(s3 00.Co0.0O), shall have been ex-
pended in construction of each sys-
TEN.
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 it is the States duty
to encourage and promote the organf-
zation of sueR concerns;
Section /. Be 1t resolved by the Cen
eral Assembly of the State of Lousi-
ana. two-thirds of all the members
elected to each House concurFing. 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 cleo
tion to be held on the first Tuesday af-
ter the first Monday in the month of No
vember. 1914, as follows:
There shall be exempt from taxation
for ten (0) years from the date of COM
pietion, the capital stock. franchises
and property of all corporations con-
the State combined system of irriga-
tion. navigation and hydro-eleetric pow
er, using fresh water of Louisiana
streams, and water sheds. provided that
fion within five (5) years from Janu-
ary L. 1915. and provided further that
not less than Three Million Dollars (S3,-
900. 100000 shall have been expended in
real or corporal property shall be COW
cred by this exemption except that
which is necessarily conected with and
appurtenant to each canal system and
forming part thereof; nor shall this ex-
emption extend to the assessed value
that such real estate had at the time it
may be acquired by the company; pro-
yfded that the right of the state 10 reg
ulate the diversion of its public waters
from their natural bed shall not be
Section 2. Be 1t further resolved,
etc, That the official ballot to be used
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 (10l years from the date
of compietieR certain new canals for
irrigation. navigation and power pur-
poses TO be completed within five years
with a capital OF not less than FAree
Million Dollars $4,000, ,eo0.00l." And
tfa words. Against the amendment to
the Constitution of the State OF Louisi-
ana exempffng fForn taxation for ten
(10) years from the date of completion
certain new canals for Irrigation, AaSz
igation and power purposes to be COM
pieted within five (5) years, with cap
ital of not less than Three Million Dol
lars And each elector shall indicate
as ,s4sstded in the general election laws
OF the 6tats egisether he votes for or
against the proposed enandment
THOMAS C. BAkHRET.
Lieutenant Governor and President OF
the Senate.
l.. e. THOMAS,
EpeAkar of the House of Representatives.
Approved. Jrly 6. 1911.
Z. ID HALL,
Governor Of the state OF Louisiana.
ALVIN d. HEBERT,
eecrstary Of Stats.