The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1914-09-24
Act No. 80
Senate Bill No. go. BY Mr.. Leon r. Smith.
InTNr DEcnT rrrTnN,

Senate Bill No. 80. BY Mr. Leon r. Smith.
JOINT RESOLUTION
Submitting to the people Of the State Of
Louisiana, at the congressional cleo
ticn to be held in November. 1914. an
amendment to the Constitution of the
ten f10) years from the date of COM
pletion the capital stock franchises
and certain property of all corpora
tions constructing. owning and ope-
system of irrigation navigation and
hydro-eiectric power using fresh
water: streams and water sheds,
y provided that each system be
COMPLETED and In operation with
in five 90 years from January
/, 1915. and providing further that
not less than Three Million Dollars
($3,000.000.00) 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 be 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 be constructed so
as to provide irrigation, naviga tion
and power. and it is the States duty
to encourage and promote the orgaf1i-
zation of such concerns;
Section l. Be ii resolved by the Gem
eral Assembly Of the State Of Louisi-
ana. two thirds of all the members
elected to each House concurring. that
the following amendment TO the Cnnsti-
tuition be submitted to the qualified
electors of the State for their adoption
or rejection at the congressional cleo
tfon to be held on the first Tuesday af-
ter the first Monday in the month of No
vember, 1914, as follows:
There shall be exempt from taxation
for ten (10) years from the date of com
lAAT ftA Eol eAl
and property of all corporations con.
structing. owning and operating within
the State combined system of irriga-
tion, navigation and hydro-electrio pow
streams, and awatert sheds. provided that
each system be completed and in opera
ton within five s(5) years from Janu-
ary 1. 1915. and provided further that
000.000.00l shall have been expended In
the construction of each system. No
real or corporal property shall be COW
cred by this exemption except that
which is necessarily Connected with and
appurtenant to each canal system and
forming part thereof; nor shall this ex-
emption extend to 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
uiate the diversion of it's public waters
from their natural bed shall not be
waived by this amendment
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 t10l years from the date
of completion certain new canals for
irrigation. navigation and power pur-
poses to be completed within five years
with capitel OF not less than Three
Million Dollars $4,000. .006.80l.N And
the wor7s: Against the amendment td
the Constitution of the State of Louisi-
ana exempting from taxation for ten
(101 years from the date of completion
certain new canals for irrigation nav
ieation and power purposes to be.corn-
pleted within five (sl years. with cap
ital Of not less than Three Million Doll
lars" And each. eIector shall indicate
as provided in the general election laws
of the state whether ne votes for or
against the proposed amendment.
THOMAS G. BARRRET,
Governor and President Of
the Senate.
Speaker Of the House of Representative |
Approved: July g. 1914
L. T. HALL,
Governor OF the State OF Louisiana
ALVIN q. HEBERT,
Secretary os stats,