St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1914-10-31
Constitutional Amendments

10 Tie COUStllGtlOH Vi Tie 0Id1S
exempting frcm taxation for K.
l10) years from tie date q :
completion the capital SlOe.-.
franchises and certain pTope4 -
of all corporations constructing.
owning and operating WITHIN = ].
State {. combined system OF III z
CATION, navigation and hydro
electric power, using fresh water
streams and water sheds, pro-
vided that each system De coEl-
plted and in operation WltAIA
tive 60 years from January |,
1915, and providing further that
not less than Three Million Dol
lars. (S3,000,o00.00 shall have
been expended in a construction
of each system.
Whereas, the State of Louisiana has
large areas comprising millions
OF acres Of land that can be re-
claimed and brought into cuiti-
walton by irrigation, whereby
large a dltions will be made to
the population aud the assess
ed value of the State; and,
Whereas, Canals can be constructed
SO as to provide irrigation, navl-
cation and power, and 1t is the
States duty TO encourage and
promote the organic at ON OF sucn
concerns
Section /. Be it resolved by the
General Assembly of the State OF
Louisiana, two-thirds OF all the MEM
bers elected to each House concur
ring, that the following amendment
the Constitution be submitted TO
he qualified electors of the State Tor
their adoption or rejection at The
congressional election to be held Oh
the first Tuesday after the nrst Mon
day in the month of November, lsI-s
as follows:
There shall be exempt from taxa
ton for ten tl0) years from the
dale OF completion, the capital stock,
franchises and property Of all cor
poratiOns constructing, owning anu
perating within the State combined
ystem Of irrigation. navigation ana
hydro-electric power, using fresh
water of Louisiana streams, and wat
er sheds, provided that each system
be completed aud IN operation within
i've years from January 1, 1915, and
rovided further that not less than
Three Million Dollars $4,000, OOOJ
hall have been expended in the con-
struction of each system. No real or
corporal property shay be covered by
his exemption except that which Il
necessarily connected with and ap-
urtenant to each canal system and
forming part thereof, nor shall this
exemption extend to the assessed
value that such real estate had at the
time it may be acquired by the COM
pany; provided that the right Of the
tate to regulate the diversion OF it
ublic waters from their natural beu
shall not be waived by this amend
ment.
Section 2. Be it 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
for ten (10) years from the
date of completion certain new canals
for irritation, navigation and power
purposes to be completed within five
ears with capital of not less than
Three Million Dollars ($5, GOO, 008).
And the words: Against the amend
ment to the Constitution of the State
Of Louisiana exempting from taxation
for ten (10) years from the date OF
ompletion certain new canals for II
igation, navigation and power par
poses to be completed within five e.
ears, with capital Of not less thas
Three Million Dollars. And each
elector shall indicate as provided in
he general election laws of the State
he votes for or against the
roposed amendment.
THOMAS G. BARRETT, /
lieutenant Governor and President
of the Senate.
L.. q. THOMAS,
speaker of the House Of Represen-
tatives.
Approved: July s, 1914.
L. e. HALL,
Governor of the State of Louisiana.
l true copy:
ALVIN e. HEBERT,
Secretary Of State.
L