The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1914-09-03
Act No. 80
Senate Bill No. 81. Fy Mr. Leon r. Smith.
JOINT RESOLUTION

Senate Bill No. 81. Isy Mr. Leon r. Smith.
JOINT RESOLUTION.
Submitting to the people of the State Of
Louisiana, at the congressional cleo
tion to be held in November. 1914, an
amendment to the Constitution of the
State exempting from taxation for
ten Ii9) 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-electric power using fresh
svater, streams and water sheds,
provided that each system be
in five tb1 years from January
1, 1915. and providing further that
not less than Three Mif1ioa BallarS
($3.000. 100000 shall have been ex~
tenn.
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 be constructed so
and power. and it is the States duty
to encourage and promote the organi.
zation of such concerns;
Section /. Be 1t resolved by the Cen
eral Assembly OF the State Of Louisi-
ana. two-thirds of all the members
elected 10 each House concurring. that
the followirs amendment TO the Consti-
tuition be submitted 20 the qualified
electors of the State for their adoption
or rejection at the congregational cleo
tfon to be held on the first Tuesday az
tev the first Monday in the month of No
vemper. !914, as follows:
There shalt be exempt from taxation
for ten 10) years ffom the date of COM
pletion, the capital stock. franchises
and property of all corporations con-
structing. owning and operating withiH
the state a combined system of irriga-
tion, navigation and hydro-electric pow
er, using fresh %ater of Louisiana
streams and water sheds, provided that
each system be completed and in opera
tfon within five (5) years from Jahu-
airy /. 1915. and provided further that
not less than Three Million Dollars f$3,-
0oO, ,000.e0) 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-
en1ption extend to the assessed value
that such real estate had at the time it
may be acquired by the company; pro-
viaed that the right OF fhe State TO reg
from their natural bed shall net he
waived by this amendment.
Section 2. BE 1t further resolved.
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 f10) years from the date
ef completion certain new canals for
irrigatss4s. navigation and power pur-
n,~seS to be retsBleted within five years
with a capital of mes lass than Three
Million DOES (s3.oo0.oof.oe3.a n Afd
fhe words: "Again.-t the sTendmeHf io
the CONSTITUTION of the state OF Louist-
ana eyempting from taxation for ten
tfal wears from tns date of completion
certain new canals for irrigation, nav
iga tion ami power purposes 70 be e1fp-
pleted within five (5l years. with eakE
ital of rot less than Three Million Doi-
lars. And each elector shall indicate
is provided in the general election laws
Of the State whether ne votes for or
against the proposed amendment
THOMAS G. sBARRREF,
Governor and President Of
the Senate.
L. E. THOMAS.
Speaker of the House of REPRESENTATIVES,
Approved: July g, 1914
L. r.. HALL,
Governor of the State Of LouisianA.
A true copy.
ALVIN e HEBERT,
Escrelary Of State. y