The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-10-09
Act No. 80
Senate Bill No. -. By Mr. Laon r. Smith
JOINT RESOLUTION.

senate Dill NO. %. ~ nj. LSOn n. SINltN.
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 t10) years from the date OF com
petion the capital stock. franchises
and certain property Of al! corpora
tons constructing. owning and ope
rating within ire State a combined
system Of irrigation. NAVIGATION and
water, streams and water sheds
provided that each system he
completed and In operation with
in five (5) years from January
!. 1918. and providing further that
not less than Three Million Dollars
$4,000, 100000 shall have been ex-
pended in a construction OF each sys-
tenn.
Whereas. The State Of Louisiana has
large areas comprising millions Of
acres Of land that can be reclaimed
and brought into cultivation by irrt-
be made to the population and, the
assessed value Of the State: and
Whereas. Canals can be constructed 80
as to provtae irrigation, navigation
and power, and it Is the States duty
to encourage and promote the orxanf-
zation Of such concerns:
Section I. Be It resolved by the Cen
oral Assembly Of the state Of Lonisi-
ana. two-thirds Of all the members
elected to each House concurrtne. thar
the following amendment to the Corsti-
tuition be submitted to the qualified
electors Of the State for their adoption
or rejection at the conversational cleo
ton to be held on the first Tuesday az
ter tho first Monday in the month Of No.
vember. 1914, as follows:
There shall be exemp, from taxation
for ten 10) years from the date OF com.
pletion, the capital stock. franchises
and property OF all corpora tons CON
structing. owning and operating within
the State combined system OF irrtga
ton, navigation and hydro electric DOW
err, using fresh water Of Louisiana
streams, and water sheds provided tha,
each system be completed and in opera :
ton within five 81 years from .Janu-
airy l. 1915. and provided further that
rot less than Three Million Dollars u.s..
ooo,ooo.oo) shall have been expended in
| the construction OF each system. NJ
real or corporal property shall he GOV.
cred by this exemption except that
"h1ch IS necessarily concerted with and
! appurtenant to each canal system and
forming part thereof: nor shall this er
emptton extend to the assessed va}n.
mat such real estate had at the time i,
may De acquired by the connranv. nro
Vined mat the right OF the State to reg
.Iate the diversion OF it's public water.
! from thetr natural he'd shall not h.
"a!Ven oy this amendment.
sec1ion z. BE It further ra.o,ved
etc That the official ballot to be nsa,
at the said election shall have nr1nte,
therecn the words: For the nronosa,
amendment to the Constitution ~ ~,
state OF Louisiana axemptfne rror, +,,,
ation TOR ten lOl Years ,ror, tt,a 40
OF completion certain new c,,a1s ~
irrigation. navigation and nowsr w.,
poses to be completed within rivs r a.s
With capital OF NOT less .r,,, ,r,,a,
Million Dollars 49,. 900 600 oo,' ' ,s
ne wv. WoFns: Against the amendment r
Wv ohstitnt1cn 1T the State Of I,ou{si
nnI eHe1nptine from taxation for 70,
~, YEARS from the date Of comnle.io,
~" new canals fnr irr4pation nov.
nlatn, AT power PURPOSES 70 he con,
ple,eh within five 90 wears WIN -, can
"a. "t TOT less tina, Three WILTON ~,
If's' And each e'ertor sha,l ins;a., !.
as proVided IN the general e;actior 10 :,
OF me state whether he votes ro, "a !" y
against the proposed amendment
TOMAS E. RARRRET
~ Governor and President ,
l., q. THOMAS
speAker or the House OF Representative.
Approved: July s. 1914 i've
l.. r. HALL,
.r governor Of the State Of l.ou,.,.r,
ALVIN E. HEBERT,
secretary Of State