The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-09-12
SUPPLEMENT TO
The coLfAx CHRONICLE
Saturday. September IL. 1914.
CONSTITUTIONAL AMENDMENTS


ACT NO. 81.
House Bill No sI-By Mr.. Manion-
JOINT RESOLUTION
Proposing an amendment to the Constitu-
ton Of the State of Louisiana, with
reference TO taxation of banks, bank
ing associations. banking corporations
or banking companies. doing exciu-
sively the business of lending money
or dealing in bills of exchange, in this
State but domiciied in other States of
the Union or in foreign countries, and
providing for the extent and limita-
ton of taxation thereof.
Section 1. Be it resolved by the General
Assembly of the State of Louisiana, two
thirds Of all the members elected to each
House concurring. That the following
amendment to the Constitution Of the
State be submitted to the qualified electors
OF the State for their adoption or rejection
at the congressional election to be held on
the hrst Tuesday after the first Monday
In the month of November. 1914, as follows:
All banks. banking associations. bank
ing corporations or banking companies,
doing business in this State but domiciled
In other States of the Union or in foreign
countries. who may in their own name or
in the name OF their agents or representa-
tives, engage in this State in the business
OF lending money or dealing in bills of ex-
change exclusively, shall pay yearly
license tax of two hundred and fifty dol
lars to the State and like tax to the Mu-
nicipal or Parochial corporation; and in
addition to said license tax shall pay to
the State an annual tax of liz per cent
on the gross interest earned on all money
loaned. and to the Municipal or Parochial
corporation like tax of IL per cent,
and shall be subject to no other or further
taxation either by the State or by any
roliticai subdivision thereof.
Section q Be it further resolved, etc.
That the official ballot to be used at said
election shall have printed thereon the
words: For the proposed amendment to
the Constitution of the State of Louisiana
providing for the extent and limitation OF
taxation on banks, banking associations,
corporations or companies. doing business
In this State but domiciled in other States
OF the Union or in foreign countries" and
the words: Against the proposed amend
ment to the Constitution of the State OF
louisiana providing for the extent and
limitation of taxation on banks, banking
associations. corporations or companies
doing business In this State but domiciled
In other States of the Union or in foreign
countries And each elector shall indi-
cate. as provided by the general election
laws OF the State. whether he votes for OF
Against the proposed amendment
L. Z. THOMAS,
Speaker of the House OF Representatives
THOMAS c. BARRETT,
Lieut.. Governor and President Of Senate
Approved: June "a. 1914.
L. Z. HALL,
Governor of the State OF louisiana
A true copy:
ALVIN z. HEBERT, Secretary of State
ACT NO. So.
House Bill No. 49-By Mr.. Manion.
JOINT RESOLUTION
Proposing an amendment to the Consutu-
ton of the State of Louisiana relative
to the exemption from taxation o.
money in hand or on deposit; ant
loans by Homestead Associations Oh
Homestead Societies to their members
secured by stock of said Association
or Societies.
Section l. Be II resolved by the Genera
Assembly OF the State Of Louisiana, two
thirds OF all the members elected to eacl
House concurring. That the following
amendment to the Constitution of tn
state be submitted to the qualified elector
of the State for their adoption or rejection
at the congressional election to be held OF
the first Tuesday after the first Monday IL
the month of November. 1914. as follows
There shall be exempt from taxation a
money in hand or on deposit; and loan
by Homestead Associations or Homestea
Societies to their members secured b
stock Of said Associations or Societies-
Section 2. Be 1t further resolved, etc
That the official ballot to be used at sal
election shall have printed thereon tn
words: For the proposed amendment I
the Constitution of the State Of Louisian
exempting from taxation all money
hand or on deposit; and loans by Home
stead Associations or Homestead Societie
10 their members secured by stock Of sal
Associations or Societies." and the words
Against the proposed amendment to tn
Constitution of the State of Louisian
exempting from taxation all money
hand or on deposit: and loans by Home
stead Associations or Homestead Societis
20 their members secured by stock Of sal
Association or Societies. And each elects
shail indicate. as provided by the gener
election laws OF the State. whether he vot'
for or against the proposed amendmen
l.. E. THOMAS,
Speaker OF the House Of Representative
THOMAS c. BARRET,
Lieut. Governor and President of Senat
Approved: July /. 1914.
L. +. HALL.
Governor OF the State Of Louisian
A true copy:
ALVIN E. HEBERT. Secretary OF stat
ACT NO. 81.
House Bin No.4ss--By Mr.. Johnson. Chai
man Of the Committee on Public Ed
cation. Substitute for House Bill No.2'
JOINT RESOLUTION
Proposing an amendment to Article z
OF the Constitution OF the State
Louisiana. relative to the support
the public schools cf the State
Louisiana. and the ievying OF tax
thereon by parishes. cities and tow