The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-09-05
Act No. 80

Senate Bill No SO. BY Mr. Leon r. Smith
JOINT RESOLUTION.
Submitting to the people of the State of
Louisiana. at the congressional cleo
ton 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.
and certain property of all corpora
lions constructing, owning and ope-
rating within the State a combined
system of irrigation, navigation and
water. streams and water sheds,
provided that each system be
completed and in operation with
in five go years from January
l. 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-
TEN.
Whereas. The State of Louisiana ha.
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
as to provide irrigation, NAVIGATION
and power and IL is the States duty
to encourage and promote the organi-
zation of such concerns;
Section !. Be ii resolved by the Cen
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 Consti-
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
vember. 1914, as follows:
There shall be exempt from taxation
for ten GO) years from the date Of COM
pletion. the capital stock. franchises
and property of all corporations con-
structing. owning and operating within
the State a combined system Of irriga-
ton, navigation and hydro electric DOW
er. using fresh water of Louisiana
streams. and water sheds. provided that
each system he completed and in opera
ton within five (5) years from Janu-
airy l. 1915. and provided further that
not less than Three Million Dollars (S3,-
900, 000.00) shall have been expended in
the construction of each system. No
e ese By s s eaaep be
which Is necessarily Connected with and
&purtenant to each canal system and
Forming part thereof: ner shall this ex-
eniption extend to the assessed value
Se TSa si at 1as me
vtded that the right lof-H State to reg
ulSte the diversion OF d public waters
ftem their natural bed sshall not be
waived Dy THIS amendment.
Section 2. Be II 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 C0) years from the date
of completion certain new canals for
irrigation. navigation and power pur-
poses to be completed within five years
with a canital of not less than Three
Million Dollars $1,000 900. 0O)." And
the words: Against the amendment TO
the Constitution of the State of Louisi-
ana exempting from taxation for ten
10) years from the date of completion
certain new canals for irrigation nav
igation and power purposes to be COM
pleted within five go years. with a cap-
ital of not less than Three Million Dol
lars" And each elector shall indicate
as provided in the general election laws
of the State whether he votes for or
against the proposed amendment
THOMAS G. BARRRET,
Lieutenant Governor and President OF
the Senate.
l.. f. THOMAS,
Speaker of the House of Representatives
| Approved: July s. 1914
L. f. HALL,
Governor of the State Of Louisiana
4 true copy:
ALVIN r. HEBERT.
Secretary of State.