The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-09-18
Act No. go
Senate Bill No. 81. BY Mr.. Leon r. Smith
JOINT RESOT JTTTON

Senate Bill 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, Ar
amendment to the Constitution of the
State exempting from taxation fol
ten tl) years from the date of com
pietlon the capital stock, franchises
and certain property of all cornora.
tions constructing, owning and ope-
rating within the State a combined
system Of irrigation, navigation and
hydro-electric power, using fresh
water. streams and water sheds,
provided that each system be
completed and in operation with
IN i've %? years from January
l, 1915, and providing further that
$4,000, 100000 shall have been ex'
pended in a construction of each svs-
tenn ''S
whereas, The State of Louisiana has
large areas comprising millions Of
acres Of land that can be reclaimed
and brought into cultivation by irri-
gatlon, whereby large additions will
De made to the population and, the
u, assessed value Of the State; and,
Whereas, Canals can be constrnctod CO
as to provjae irrigation, naviyat;on
and power, and it is the States div
to encourage and promote the oreanf.
cation of such concerns;
section l.. Be 1t resolved by the Can
eral Assembly of the State of Iouisi-
ana. two-thirds of all the memhers
elected to each House concurring. that
the Following amendment to the Consti.
tuition be submitted to the onajisies
e en- rsi OF the State for their adoption
or reJeeion at the congressional cleo
ton TO be held on the first Tuesday o.
ter the first Monday in the month oS NJ
vember. 1914, as follows: - NO
There shall be EXEMPT from, +o.
FOR ten (l0) years from the date Of son uh
pletlon. the capital stock. francbisas
ana property Of all corporations non
structing, owning and OPERATING Will, AL
the state combined system Of i rrisa
tson, navigation and hydro electric nor,
en-. using fresh water of I,onis Sow
creams re- and water sheds. provided that
ton within five (5j years from m opera Iar
ary l. 1915. and provided further a anu
not less than Three Million Dollars tnst
shall have been eynanSaIITI,
sne construction Of each system IN
.a or corporal property shall he CIV wo
sreu ny this exemption except t bot
s,,n is necessarily connected with t amd
forn,inc W eacn canal system and |
emntinns part thereof; nor shall this en-
hot s,,a, extend TO the assessed value
Ia, ,a. such real estate had at the time - |
n i oe acquired by the COMPANY. ~
,iaeo mat the right of the state to p pao
srare .ne diversion of it's public water.
rom tneir natural bed shall r"t
"a.Vea oy this amendment NC
seerlon =. Be 1t further reso,voa
= dhat the official ballot to be msad
- - Sne said election shall have nr,u.e ed
,neasen the words: For the pronosed
atn ns 10 the Constitution of tba
ltion for t exempttng from tax-
u completion certain new canals I aa as
aa.sation, navigation and nower n rur
, w,ss 10 be completed within five ye par
u u;1u capital of not less than rEhna
h vi Dollars $4,000. 00O Oo5 hres
nc nc G woros: Against the amenam.nt anu
me constitution of the State of r nr,I 70
10, Ho from taxation for tan
,ert,in a,s from the date of comnla+ior
satinn new new canals for irrigation naul
,leted within S Eve purposes to be com
tai of not Lass I'VE te) years with a can
s n nror; AND each elector shall ii ind, Dol
e tto'iaeo IN the general aIan.,ao ,cate
rairst tha whether he votes for
IppnToposed amendment Vi
THOMAS TOMAS C. BARRRET
the Senat governor and President ~
L. f. THOMAS
peaker OF the House of Ran
approved: July 6, 1914 representatives.
L. E. HALL,
governor of the State of ro,,,..
! true copy: " Louisiana
ALVIN E. HEBERT.
Secretary Of State. 80