The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-10-24
Act No. 80
Senate Bill No. SO. Ry Mr.. Leon r. Smith
JOINT RESOLUTION

Senate Bill No. SO. By MI 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 G0) years from the date OF com
pletion the capital stock, franchises
lions constructing. owning and ope-
rating within the State a combined
system of irrigation. naviration and
hydro-electric power. using fresh
water. streams and water sheds,
Completed and in operation with
In five go years from January
I. 1915. and providing further that
not less than Three Million Dollars
$4,000. 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 he reclaimed
and BROUGHT INTO cultivation bv irri-
cation. whereby large additions will
be made to the Formulation and. the
assessed value OF the State: and.
Whereas. Canals can he constructed so
as to provide IRRIGATION. navigation
and power. and II is the States duty
tn encourage and promote the organi-
zation of such concerns:
Section I. Be II resol-e1 nv the Gem
erdl SSSeTUUlN VI the oIdIe OF 1yO1fSt-
ana. two-thirds OF all the members
elertad to each House concurrine. that
the following amendment to the Co-sti-
tuition be submitted to the qualified
or rejection at the conversational cleo
tion to he held on the first TUESDAY af-
ter the first Monday in the month of No
ve-her. Ie14. as follows:
There shall he e~empt from TAXATION
for ten Oo) years from the date OF COM
nIetion. the capital stock. franchises
and property Of all corporatio con-
struct'ng. owning and operating within
the state combined system Of irriga-
tion, navigation AMI hydro-electrtc DOW
er. using fresh water of Louisiana
streams and water sheIs. provided that
each system he completed AMI in opera-
tiOn within five (5) years from Janu-
airy l. 1915. and provided further that
not less than Three Million Dollars (S3.-
900. 00) 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 ami
aprurtenant 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 It
NAV he ACQUIRED nv the co-nranv; rro-
vided that the rioht Of the state tn reg
u'ate the diversion Of its public waters
from their Natural he'd shall not be
waived by this amendment
ocN''"H DE- u Tu'tNer resolved,
etc. That the OFFICIAL ballot to he uess
at the sa'i election shall have printed
thereon the worSs: "For the proposei
amendment ~ the Constitution OF the
state Of Louisiana exemrting from tax-
alton for ten r0) wears from the dat.
Of conviction certain rev canals for
IRRIGATION. NAVIGATION ami rower pur-
rosos to he COMPLETED within five vears
with n ca~ral of not loss than Th-se
Million Dollars e2.00o 900 oO)." And
the wor's' Against the a,endnert 70
the Constitution ~ the State Of I,ou's'-
ana e~empt.ns from taxation for ton
t0) years fror1 the date ~ completion
certain now carpis for irriration nav.
i~ation ani pover purposes tn ne com
rletei within five (5) Years with a can
ital OF not less than Three WILTON DOL
lars" And each e'ector shall Indicate
as provided in the general election laws
or the State whether he votes for or
against the proposed Amendment
THOMAS c. RARRRET
Lieutenant Governor and President Of
the Senate
l.. r. THOMAS,
Speaker OF the House Of Representatives
Approved: July s. 1874
l. r HALL.
Governor of the State OF Louisiana.
A true copv:
ALVIN F. HFBFRT,
Secretary of State