The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1920-08-28

b,r 1920. making said Article read as
follows:
Article 23V The following shall be eN-
.npt from taxation. and no other. VIZ:
All public property places of religious
worship. on burial the rectores and par
s,r,ages Of churches and grounds thereun-
to appurtenant rsed exclusively as resi-
drnces Tor the ministers in charge of such
churches. all charitable institutions. all
buildings and property used exclusively
for public monuments or historical col
lections. colleges and other school pur-
poses, the real and personal estate of any
public library. and that of any other Ii
brary association used by or connected
with such library all books and philo
sophical apparatus. and all paintings and
statuary of any company association,
kept in public hall provided, the prop
,.lt> 50 exempted he not leased for pur-
noses of private or corporate profit or in
come. There shall also be exempt from
taxation household property to the value
~ Ave hundred dollars. There shall be
exempt from taxation for pefiod Oh ten
ears from the date of its completioh' any
railroad or part Of railroad that shah pe
constructed and completed subsequently
to January l. 1905. and prior TO January
/ 1909. This exemption shall include ana
apply to al rights Of way. roadbeds. SD
ings. rails and other superstructures upon
snch rights OF way roadbeds or sidings'
and TO all depots. station houses, pulid-
ings, trections AMI structures appurteh-
ant to such railroads and the operation
Of the same; but shall not include the de-
pots warehouses, station houses and oth-
er structures and appurtenances nor tht
land upon which they ara erected at ter
miual points ana for which franchises
have been granted and obtained; whether
, same remain the property OF the preseh
owner or owners. al be transferred or az
signed to any corporation or corporations
nerson or persons whomsoever. and. pro
yided further. that this exemption shall
not apply to double tracks, sidlngs
: switches. depots or other Improvement
| or betterments, which may be construct
: ed By railroads in operation within
. the state other than extensions or neS
: lines constructed by such railroads
e There shall be exempt from taxation IN
: legal reserve OF life insurance companie
: organized under the laws of this state
+ The property or real estate belonging t
n any military organization VI tHc 'otaAo
Louisiana which is used by the stat
: National Guard CT militia for mlhtar
purposes. such az arsenals or armories
n while 50 used, shall be exempt from taF
: alton. There shall also be exempt, froi
. taxation, loans made upon the securlt
q of mortgages granted upon real esta'
;. situated in this State. as well az NOR
< cages granted I" secure said loans an
q the notes bonds o. other written lnstrl
o ments evidencing the said loans. wheth'
n in the hands of the MORTGAGE, or his
their transferees. and all loans made
Ia life insurance companies to their polio,
% holders upon th. sole security OF pol
al cies held by the borrower in the con
y pany making the loans, as well as
notes or other wrltten instruments eV
dencing such loans. provided, that in II
J. case Of loans upon policies of life insu
:. ance. as aforesaid. the rate of intere
a. charged upon such loans does not exec