The Donaldsonville chief., 1914-08-29
Act No. 90
Senate Bill No. 81 By Mr.. Leon r. Smith.
il1N.zE RE,SfAI IIrrI0N

Senate Bill No. 81. 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 (l0) years from the date of com
pletton the capital stock, franchises.
and certain property of all corpora
ttons constructing, owning and ope-
rating within the State a combined
system of irrigation, navigation and
water, streams and water sheds.
provided that each system be
completed and in operation with
1. 1915, and providing further that
not less than Three Million Dollars
ts3,000.00000) shall have been ex-
pended in a construction of each sys-
tenn.
Whereas The State of Louisiana has
large areas comprising millions OF
acres of land that can be reclaimed
and brought into cultivation by frri,
cation, whereby large additions will
Be made 70 the population and, the
assessed value of the State; and,
Whereas, Canals can be constructed so
as TO provide, Irrigation, naytgation
20 encourage and promote the organa-
zatton Of such concerns;
Section l. Be II resolved by the Cen
eral Assembly Of the State OF Lou1si-
ana, two-thirds Of all the members
the following amendment to the Consti-
tuition be submitted to the qualffled
eler tors of the State for their adoption
or rejection at the, congressional eiec-
eton to be held on the first Tuesday ar
ter the first Monday in the month Of No
vember, 1914, as follows
There shall be exempt from taxation
for ten G0) years from the date OF com
pletton. the capital stock franchises
and property of all corporations con-
structing, owning and operating within
the State a combined system OF frr1ga-
tion. navigation and hydro electric pow
er. using fresh water OF Louisiana
streams, and water sheds, provided that
each system be completed and In opera
ton within five t5) years from Janu-
ary /, 1915. and provided further thas
not less than Three Million Dollars tSS,-
0O0. .00000l shall have been expended IN
the construction of each system NO
real or corporal property shall be Gov
cred by this exemption except thaI
which is necessarily conected with ana
appurtenant to each canal system ana
forming part thereof; nor shall this ex-
emption extend 70 the assessed Value
that such real estate had at the time IL
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 ne
waived by this amendment.
Section e. 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 I01 years from the date
of completion certain new canals Ior
irrigation, navigation and power pur-
poses to be completed within five years
with a capital of not less than Three
Million Dollars ts9. o00.0 .00o.0o ana
the words: Against the amendment 70
the Constitution of the State of Louisi-
ana exempting from taxation for ten
I0) years from the date of completion
certain new canals for irrigation, nav
igation and power purposes TO De com
pleted within five tB) years, with cap
ftaI of not less than Three MiIl1on DOL
iars.'' And each elector shall 1ndicate
as provided IN the general election laws
of the State whether ne votes Tor or
against the proposed amendment.
THOMAS C. BARRREF
Lieutenant Governor and President OF
the Senate.
C. f THOMAS,
Speaker of the House of Representatives.
Approved July s. 1914
l. E. HAIL..
Governor Of the State OF Louisiana.
ALVIN d. HEBERT.
Secretary of State.