The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1914-10-15
Act No. 80
Senate Bill No. SO. by Mr. Leon r. Smith
IOINr RECOI IrTION

Senate Bill No. 80. by Mr.. Leon r. Smith.
JOINT RESOLUTION.
Submitting to the people Of the State Of
Louis' ana. at the congressional cleo
tion To he held in November 1914. an
amendrent to the Constitution of the
state exempting from taxation for
ten (10) years from the-date of COM
pletion the capital stock. franchises,
and certain property of all corpora
tons constructing. owning and ope--
svstnm of irrigation. navigation and
hyaro-eIcrtric power. using fresh
water. streams and water sheds,
provided that each system be
in five (5) years from January
l, 1915. and providing further that
not loss than Three Million Dollars
($3. .HH0. .C00O0) shall have been ex-
rended in a construction of each sys-
tom.
Whereas, The State Of Louisiana has
lar~e areas comprising millions of
acres of land that can be reclaimed
an5 brought into cultivation by irri-
cation. whereby large additions will
he made to the porulation and. the
assessed value Of the State: and
whereas. Carals car he constructed so
and power. and It is the States duty
to encourage and promote the organi-
Zation of such concerns
Section l. Be II resolved by the Cen
eral Assembly of the State Of Louisi-
ana two thirds Of all the members
A'ectos to each House concurring. that
the following amendment TO the Cnreti-
tuti~n be submitted to the quaIifi ed
electors of the State for their adoption
or rejection at the conversational cleo
tinn to he held on the first Tuesday af-
ter the first Monday in the month Of No
vember, 1914, as follows:
There shall be exempt from taxa tion
for ten C10) years from the date Of COM
pletion. the capital stock. franchises
and property of all corporations con-
structing. owning and operating within
the State combined system of irriga-
tion. navigation and hydro electric pow
er. using fresh water of Louisiana
streams. and water sheds, provided that
each system be completed and in opera
tion within five (5l years from Janu-
airy !. 1915. and provided further that
not less than Three Million Dollars ($s.-
600. 100000 shall have been expended in
the construction of each system. No
real or corporal property shall be eov-
cred by this exemption except that
which is necessarily conected with and
aprurtenant to each canal system and
forming nart thereof: nor shall this ex-
e-nntion extend to the assessed value
that such real estate had at the time 1t
NAV he ac0Uired bv the connranv; pro-
vifled that the rirht of the state to reg
ulate the diversion of its public waters
from their natural bed shall not be
waived by this amendment.
Section 2. Re II further resolved,
etc. That the official ballot to be used
at the said election shall have. printed
thereon tho words: For the proposed
a-,andrent ~ the Constitution of the
state of Louisiana exemptiug from tax
alton for fen f1Gl wears from the da te
of completion certain new canals for
IRRIGATION. NAVIGATION and power pur-
poses to re completed within five years
With a carital OF not less than Three
Million Dollars Cs3.0o0. 100000" And
fhe wor1s "Agairst the amendment to
the Constitution If the State OF Louisi-
ara eve-1ptirg from taxation for ten
(lol wears from the date Of completion
Certain row carals for irriration nav
i-rtion ar1 power purposes to be COM
piete7 within five (6l wears. with a cap
't-l of rot leEs thu, Threa Wilton Doll
lars" A-a n1~t =jartor rhn'I indicate
~ n-ovitn5 IN tho ~e1.-al election laws
nr SIS gate whet:,-- - ',n for or
against the proposed amendment
THOMAS c. BARRRET.
Lieutenant Governor and President of
the SanatAs
l., y. THOMAS,
Speaker Of eve tfn,ise or Representatives.
Approves: JuIv ND
I. r t'tLTa
Gc~"r-@" nF TIA State Of Louisiana.
ALyt, sE.3ERT.
sss's'rY or stats