The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-10-31
CONSTITUTIONAL AMENDMENTS.
ACT NO. 81.


ACT NO. 81.
House Bill No. 91-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 exclu-
sively the business Of lending money
or dealing In bills of exchange. in this
State but domiciled in other States of
the Union or in foreign countries, and
providing for the extent aad limita-
ton Of taxation thereof.
Section I. Be IL 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 first 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 domicilex
Ia other States of the Union or in foreign
countries. who may in their own name o.
In the name OF their agents or representa-
dives. 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 IL per cent
on the gross interest earned on all money
loaned. and to the Municipal or Parochial
corporation like tax OF ? LIZ per cent.
and shaIi be subject to no other or further
taxation either by the State or by any
nolitfcAl subdivision thereof
Section 2. Be IL further resolved. ETC.,
That the Official ballot to be used at said
election shall have printed thereon the
words: For the proposed amendment tc
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 or
against the proposed amendment
L E. THOMAS,
Speaker Of the House OF Representatives
THOMAS c. BARRETT,
Lieut.. Governor and President of Senate
Approved: June "a. 1914.
l. E. HALL.
Governor OF the State OF louisiana.
A true copy:
ALVIN E. HEBERT. Secretary Of State
ACT NO. So.
House BIZ No. 49-By Mr.. Manion.
JOINT RESOLUTION
Proposing an amendment to the Constitu
tion Of the State of Louisiana relative
to the exemption from taxation OF
money in hand or on deposit: and
loans by Homestead Associations or
Homestead Societies to their members
secured BY stock of said Associations
or Societies
Section /. Be 1t resolved BY the General
Assembly OF the state OF Louisiana. two
thirds OF all the members elected to each
House concurrine. 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 nrst Tuesday after the first Monday In
the month Of November. 1914. as follows;
There shall be exempt from taxation al
money in hand or on deposit: and loans
by Homestead Associations or Homestead
1x.f~ Inv
stock OF said Associations or Societies.
section 2. Be 1t 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
exsmpting from taxation all money in
hand or on deposit; and loans by Home
stead Associations or Homestead Societies
TO their members secured by stock Of SAID
Associations or Societies" and the words:
Against the proposed amendment to the
Constitution OF the State Of Louisiana
exempting from taxation all money In
hand or on deposit: and loans by Home
stead Associations or Homestead Societies
10 their members secured by stock Of said
Association or Societies" And each electof
shall indicate. as provided by the general
election laws OF the State. whether he votes
for or against the proposed amendment.
L. z. THOMAS,
Speaker OF the House OF Representatives
THOMAS c. BARRET,
Lieut. Governor and President Of Senate.
Approveds July 1, 1914.
l. f. HALL.
Governor Of the State OF Louisiana
A true copy:
ALVIN r HEBERT. Secretary of State
ACT NO. 81.
House Bin No. 46s-By Mr.. Johnson. Chair
msn Of the Committee on Public Edu-
cation Substitute for House Bin No.275
JOINT RESOLUTION
Proposing an amendment to Article 25'
q TIE Constitution Of the State o.