The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-10-31
Act No. 80
senate Bill No S2. Ply Mr.. Leon r. Smith.
JOINT RESOLUTION.

Senate Bill No. ~. Ply Mr.. Lson r. Smith.
JOINT RESOLUTION.
Submitting to the people Of the State OF
Louisiana at the congressional cleo
ton to he held in November. 1914. an
amendment to the Constitution of the
state exempting from taxation for
ten 1OD years from the date of COM
pIetion the capital stock, franchises,
and certain property of all corpora
tions constructing, owning and ope,
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 sso :, wit with h,
l, 1915. and providing further that
not less than Three Million Dollars
$4,000. O0O.O0) shall have been ex-
pended in a construction Of each 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 will
be made TO the population and. the
assessed value OF the State; and.
Whereas Canals can he constructed SO
as to provide irrigation, naviga ton
and power. and II is the States duty
to encourage and promote the organi-
cation of such concerns:
Section !. Be il resolved by the Cen
eral Assembly of the State OF Louisi-
ana, two-thirds OF all the members
the following amendment to the Consti-
tuition be submitted to the qualified
electors Of the State for their adoption
or rejection at the congressional cleo
ton to be held on the first Tuesday af-
ter the first Monday In the month Of No
venber 1914. as follows:
There shall be exempt from taxation
for ten U0) years from the date of COM
Al. fto1 CT fro
and property of all corporations con-
structing. owning and operating within
the state a combined system OF irriga-
ton. navigation and hydro-electric pow
| er, using fresh water of Louisiana
streams. and water sheds, provided that
each system he completed and in opera
| ton within five CD years from Janu.
airy I. 1915. and provided further that
| not less than Three Million Dollars (s3.-
| 900. 10000 shall have been expended In
the construction OF each system. Nc
| real or corporal property shall be Gov
| cred by this exemption except thai
| which is necessarily Connected with anC
appurtenant to each canal system an'
| forming part thereof; nor shall this ex
| emption extend to the assessed valu
that such real estate had at the time 1
may he acquired by the COMPANY; pro
vided that the right of the State to reg
ulate the diversion of it's public water
from their natural bed shall not b
waived by this amendment.
Section 2. BE IL further resolved
etc. That the official ballot to be use
at the said election shall have printe
thereon the words: For the propose
amendment TO the Constitution of tn
State of Louisiana exempting from tax
alton for ten G0) years from the dat
of completion certain new canals 70
irrigation. navigation and power pun
poses to he completed within five year
with a capital OF not less than Thre
Million Dollars $4,000. 0OO.O0)." An
the words: Against the amendment {
the Constitution Of the state of Louis
ana exempt.ng from taxation for te
| G0) years from the date of completio
certain new canals for irrigation. ma,
! iration and power purposes to be con
l pleted within five go wears. with a cal
ltal of not less than Three Million Do
. lars" And each elector shall indicat
; as provided in the general election law
of the State whether he votes for
$ against the proposed amendment.
I THOMAS c. BARRRET,
Lieutenant Governor and President I
the Senate.
l.. f.. THOMAS,
9 Speaker of the House OF Representative
: Approved: July s. 1914
: l.. f. HALL.
Governor of the State OF Louisian
: A true copy:
: ALVIN +. HEBERT.
Secretary of State.