The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1914-10-29
Act No. 80
Senate Bin No. g. By Mr.. Leon r. Smith
JOINT RESOLUTION.

Senate Bin No. s2. By Mr.. Leon r. Smith.
JOINT RESOLUTION.
TO the people of the State Of
Louisiana, at the congressional cleo
flor 10 be held in November. 1914 an
amendment to the Constitution OF the
state exempting from taxation for
ten (1O) years from the date of COM
pIetten the capital stock, franchises.
and certain property of all corpora
tions constructing, owning and opeT
rating within the State combined
system of irrigation. navigation and
water. streams and water sheds,
provided that each system be
\completed and in operation with
in five (5) years 'front.' January
not loss than. Three Million Dollars
$4,000 O60.00G shall have been - ex-
rcnded in a construction Of each sys--
whereas. The State Of Louisiana has
large areas comprising millions OF.
acres of land that can be reclaimed
and brought into cultivation by trrf-
CATION. whereby large aadltions VII M
be made 10 the porulatton and. the
assessed value Of the State; and.
whereas Canals can he constructed SO
as to provide irrigation, NAVIGATION
and power, and It Is the stste,s Tar ] auty
zation of such concerns;
section l. Be IL resolved by the Gem
srel Assembly Of the State Of Louisi-
ana, twn-thirds of all the members
electaa to each House concurring. that
the following amendment to the CnrSti-
sutton be submitted to the qualified
siectors of the State for their adoption
or rejection at the conEressionaI e'ec-
tion to he held On the first Tuesday af-
ter the first Monday In the month or No
yenber, i914, as follows:
There shall be exempt from taxation
for ten (10) years from the date of COM
pIetfon. the capital stock. franchises
and property Of all corporations cons.
sfructing. owning and operating within
the state a combined system Of irriga-
tion. navigation and hydro-electrfe pow
a. using fresh water Of Louisiana
streams, and water sheds. provided that
each system be completed and IN opera
tion within five tS) years from Janu-
sry i, 1915. and provided further that
not less than Three Million Dollars ($S.-
0o0. .000.091 shall have been expended In
the construction Of each system. No
cred by this exemption except inst
which Is necessarily Connected with and
appurtenant to each canal system ana
forming part thereof; nor shall this ex-
emptioD extend to the assessed value
that such real estate had at the time 1t
may he acnuired by the companv; pro-
vided that the right OF the state to reg
ulate the diversion Of It's public waters
from their natural bed shall not De
q.
Section 2. Be IT further resolved,
etc. That the official ballot 70 be used
At the said election shall have printed
thereon the words: For theapropoeed
smendrnent to the Constitution OF the
State of Louisiana exempting from tax
alton for rem -t1e1 wears from the date
of eornrtetion certain new canals for
Irritation. navigation and power pur-
poses to be completed within five years
with a canfta1 OF rot less than Three
Million Dollars $4,000. .o0o. .001-" And
the wores. "A eainst the amendment to
the Constitution cf the State OF Loufsf-
ana e-emptfng from taxation for ten
fl0) years from the date Of completion
certain rev carals for irrigation. nav
ication ana nower purposes to he COM
pieted within five fsl wears. WITH cap
ftaI OF nnf fess thar Threa Million Dol
lars" Ard @ach eieofo-, shall, indicate
Az rrcvf srs IN t'fe -~e~n-stselectien- Ia sFs
~ ,Ee St@te wss~t - .--tes for or
AGAINST the proposed amsndment
THOMAS C. BARR1TT.
{ Lieutsnart Governor and President of
'as sspa II. v. THOMAS,
Speaker of the Isssse 90 Representatives.
Approved: July 1914
L r. n AFsf., & -.
Governor ~ faa state Of Louteiasa-
A trues...,sws
&LyIS Il. IiEBFRT.
Secretary Of sfass -