The Bienville Democrat., 1920-09-23
y arr.. and warehouses for the trans,

~ N,
action of their business. ,n-
Fourth-To trade with foreign coun-
tries includin2 the foreign possesoio1n-
If the United States, by eXporllhs
CARGO carried thereto in their own Nee
GELS and to import from foreign tou"
tries including the foreign possesSlonS
of tba United States, in their own YES
.als cargo for sale or exchange in ths
United States, but no ship or such
rnmpauy shall be laden with the com
nonv's own cargo to the exclusion %
cargo offered for such voyage py thS
general public and such cargo olIele"
bv the general public shall nave pre-
ereree on all voyages 1or "hlch II 10
| offered. .,t,ors
Fifth-To authorize corporations,
foreign and domestic. 10 suDscTlpe "
| and own shares of their capital stock'
, .'lt nt howavnr in excess of the limitation
| above provided. ,.oros shin
! s,sn be within the exemption herein
granF1d. nor shall vessels OF snen cor
norations operated in the coastLiig
ttraaa of the limited States, or operated
Lntwnan nOrts Of the United states
ether t,an Louisiana ports. ana ioreiSU
coun+ries not including the t0reigh
nnesessious of the United states Dc
rr,itbin the exemption herein granted
! One srch VOYAGE in any year SINAI
subject the vessel making the voyage
10 taxation for that year s,
The proof above required 10 be NE"
with the Secretary Of State tna' ny
authorized capital stock mas Deeh paw
in cash shall be the JOINT ailiua.'' y,
; the president and secretary OF lhe ne
, company to the effect, acCollpaligu Wy y
! verified trial balance OF the company
books. ,rol1 roe.
sess the power of eminent domain iol
! The nurpose Of acquiring lama on WhlCI
~ erect a plant to build and repair
i, vessels. r, oto+o
), There shall be exempt from state
,arish and municipal taxation LOT
:. neriod of ten QO) years from January
J / 1921. all buildings, including ma
Il chlnery and ahpurtenances locale'
= thereon, or other improvements con
structed for manufacturing, CONNER
!, cial and business purposes on IN
lands of the Navigation Canal IN
u title of which is or may be held by III
g Roard of commissioners OF the Port .
- New Orleans, as an agency OF the StaI
, of Louisiana, and which may be lease
from said Board by any persons or cor
=, porations conducting business thereon
u, nroyided, that not less than twenty
lu Ave Thousand Dollars ($25,O0O) sha
~ he invested in the physical propert
70 = Of any such enterprise, ana lurtn.
!; nrovided not less than twenty-five va
~ narsons shall be constantly empioye
o. thereon. o,,,o
q = Section 2, Be 1t further resolve,
d. ETC. That on the official ballot to !
od md used at said election shall be place
u ~ the words: ''For the proposed amehl
-. ment adding to Article 23O OF the Col
lo stitution of this State certain eXeml
g tions from taxation as to industTl
u, located on the Navigation Canal e
llu Orleans" and the words. Against u
r. nroposed amendment adding to Artic
yes 990 of the Constitution of this sta
"a: certain exemptions from taxation as
!ol industries located on the NaVlgatl
De Canal New Orleans" and each elect
~ :, shall indicate his vote on the propos
sr amendment as provided by the genei
~. election laws Of the state:
lol r, F. WALKER.
20, Speaker of the House of Represeh'
on HEWITT BOUANCHAUD
lon lieutenant Governor and President
'uo 'ii' the Senate. u
al 'nn, Approved: July I. WV.
ON JNO NJ. PARKER,
ul- Governor of the State OF louisa
nr A true copy:
~ ~ JAMES j. BAILEY,
aaS Secretary Of State.