The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-08-21
Act No. 90
Senate Bill No. 81. By Mr.. Leon r. Smith
JOINT RESOLUTION.

Senate Bill No. 80. By Mr.. Leon r. Smith
JOINT RESOLUTION.
Submitting to the people of the State n
Louisiana. at the congressional cleo
ton to be held in November, 1914. a,
amendment to the Constitution of tn,
State eXempting from taxation TO
| ten IO) years from the date of com
pletion the capital stock. franchises
and certain property of all corpora
lions constructing, owning and one
rating within the State a combined
system OF irrigation, navigation ant
| hydro-eleetric power, using fresf
| water, streams and water sheds
provided that each system bt
completed and in operation with.
in five (5) years from January
1, 1915. and providing further thai
not less than Three Million Dollars
| S3,0O0,0oo.OO) shall have been ex.
pended in construction of each sys.
| tenn
Whereas, The State of Louisiana has
large areas comprising millions of
acres Oh iand that can be 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 ca
as to provide irrigation, navigation
and power, and it is the States duty
10 encourage and promote the organi-
cation of such concerns;
Section l. Be it resolved bv the Con.
eral Assembly of the State of Lonisi-
ana. two-thirds of all the members
elected to each House concurrine tbat
the following amendment to the Constr
tuition be submitted to the ouaIifiea
electors of the State for their adontion
or rejection at the congressional eIenl
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 taxat;on
Tor ten (l0) years from the date Of cnrn-
ple1lon. the capital stock, franchises
ana property of all corporations con-
structing. owning and operating within
the State combined system Of irripal
ton, navigation and hydro electric now
err using fresh water of Louisiana
streams, and water sheds. provided tbat
each system be completed and in onerae
ton within five CO years from Inv
airy l, 1915, and provided further maj
not not les less than Three Million Dollars ($3'-
00000OO) shall have been eypenaed l.,
the. construction of each system MI w
real or corporal property shall he COW o
ered by this exemption excent tbot
Whlch is necessarily Connected with and
appurtenant to each canal system and
FORMING part thereof; nor shall this ex-
emptlon extend to the assessed valne
mat such real estate had at the time IL
may De acquired by the company: nro-
Vlded that the right of the State to REQ.
s aaase the diversion of it's public waters
rom .heir natural bed shall not be
waived by this amendment.
section 2. Be 1t further raso,ved
etc: That the official ballot to be used
az the said election shall have nrintoJ
thereon the words: For the pronosed
to the Constitution of tba
state OF Louisiana exempting from taxo
atlon Tor ten 10) years from the Sate
oI completion certain new canals for
irrigation, navigation and mower MIR
USES U.s. TO oe completed within five wears |
" ', capital of not less than Thrae |
a y. Dollars $4,000. 600 00).'' And |
ne words: Against the amendment 70
he Constitution Of the state nf n,,,n ~
ma exempting from taxation for ten
~, years from the date of completion
,ertaln new canals for irrigation naw-
sdtion and power purposes tn no COW
,ieted within five ca years, with coz
.ai or not less than Three Million Dol
a. ., ana each elector shall indicate
- tfoVl9ed IN the general election laws
e.ins, 2sa'e whether he votes for or
'e"'is' ths proposed amendment.
THOMAS C. BARRETT
lieutenant Governor and pras;dn,. -
the Senate OF
.n.. l. e. THOMAS.
'peaner or the House of Representotiy.
approved: July 6, 1914 lives
l., F.. HALL
two movernor OF the State of Louisiana
ALVIN e, HEBERT.
secretary of State.