The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1914-09-01
Act No. 90

Senate BIZ No. 80. BY Mr.. Leon r. Smith
JOINT RESOLUTION
Submitting to the people of the state of
Louisiana, at the congressional cleo
tion to he held in November 1914 an
i amendment to the Constitution of the
State eXempting from taxation for
ten GO) years from the date Of com
pletion the capital stock, franchises.
and certain property of all corpora
lions constructing, owning and one
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 five (5) years from January
: /, 1915, and providing further that
not less than Three Million Dollars
(S3. 000. 100000 shall have been ex.
pended in construction of eash sys-
Whereas, The State of Louisiana has
large areas comprising millions OF
acres of land that can he reclaimed
and brought into cultivation by irri-
cation, whereby large additions viii
be made to the population and the
assessed value of the State: and.
Whereas. Canals can he constructed so
as to provide irrigation. navigation
and power, and it is the States duty
to encourage and promote the organi-
cation Of such concerns;
Section l. Be If resolved nv the Cen.
,eral Assembly of the State of Lo1isi-
ana, two-thirds of all the members
elected TO each House concurring, that
Hhe following amendment to the Consti-
tuition be submitted to the qualified
electors of the State for their adoption
or rejection at the congressional cleo
ition to be held on TIE first Tuesday af-
ter the first Monday In the month Of No
vember, 1914 as follows:
There shall be exempt from taxation
Tor ten QQ) years from the date of COM
9pletion, the capital stock, franchises
and property of all corporations con-
Structing owning and operating within
the State combined system of irrien
tion, navigation and hydro electric now
ier using fresh water of Louisiana
streams, and water sheds. provided that
each system be completed and in onara
tion within five (5) years from Jonu.
airy J. 1915, and provi1ed further that
not less than Three Million Dollars (s2
0e0.00O.0O) shall have been expended in
the construction of each system M
freai or corporal proDerty shall be nov
Fered by this exemption except that
Whlch is necessarily Connected with and
3Ppurtenant to each canal system and
FORMING part thereof: nor shall tbis ev.
emption extend to the assessed value
mat such real estate had at the time IL
may be ACQUIRED ny the companv. pro-
Nlded that the right of the State 10 reg
uiate the diversion of it's public waters
1rom their natural he'd shall not be
waived by this amendment
Section 2. BE II further resolved
etc THAT the official ballot to he usal
az the said election shall have printed
thereop the words: For the pronnsn1
Ss.lenofnent to the Constitution of the
STATE OF Louisiana exempting from tax-
aIlon TOR ten t10l years from the doto
OF completion certain new canals fo<
arrleatlon, navigation and mower mr..
poses 20 be completed within five yea re
win capital Of not less than Three
million Dollars $1,000 600 009' Ana
the words Against the amendment 10
the Constitution of the state of Touisi-
ana eSempting from taxation for fan
ti0l years from the date of cornplefion
certain new canals for irrigation, nav
fgation and power purposes 10 he no,n-
pleted within five (5) wears with !. con.
ftal OF not less than Three Million MOI.
lars. And each elector shall indfcs TO
as provided in the general election laws
OF the State whether he votes for or
against the proposed amendment.
THOMAS G. BARRRET.
Lieutenant Governor and President of
the Senate.
L. E. THOMAS.
Spsaker OF the House of Representatives
approved: July 6, 1914
L. E. HALL.
Governor OF the State Of Louisiana.
ALVIN r, HEBERT,
/, Secretary Of State Ia Sa