New Iberia enterprise and independent observer., 1920-09-04
or the trans

vvparves. and warehouses tor the ''"
action OF their business. c,i.~r, conn
Fourth-To trade with iortlsm -T sSjnns
txfas Including the foreign poSS'Sst.Ut,,v
~ The limited StnteS, by FNpoi tinh
careo carried thereto in their oW rV
sells and to import from toreIE reIEl,,sjons u
tries including the foreign po'o -
ef the United States. in thelF ." - ~
gaIa cargo for sale or exchange III ~
United States. but no snip or SUI, SUI
Con,pany shall be laden with the com
napv's own cargo to the excursion -
cargo offered for such voyage Py S rn9
General public, and such cargo oueleu
by the general public shall nave pre-
orence on all voyages for Whlch 1t l"
Fifth-To authorize corporations,
foreign and domestic, to subscribe ~
and own shares Of their capltal StoCh'
not however IN excess OF the iii"' -"
above provided.
Ne leased property or chartered snip
shall be within the eAemp ION ~ hede!H ,2r
granted. nor shall vessels or Sucn COZ
DoratfOns operated In the codSlIhS
frade Of the United States, or operated
between ports of the United states
other than Louisiana ports, ana toreiBh
coustrIes not including the foreign
possessions Of the United States, be
within the exemption herein granteo
One such voyage in any year sh@I
subject the vessel making the voyage
to taxation for that year.
The proof above required to be hled
with the Secretary of state that the
authorized capital stock has been pald
in cash shall be the joint affidavit OF
tho president and secretary OF the
company to the effect accompanied by
a verified trial balance of the companys
books.
sess the power Of eminent domain Tor
the purpose Of acquiring land on which
to erect a plant to build and repair
There shall be exempt from State.
parish and municipal taxation for n
period of ten U0) years from January
l. 1921, all buildings. including ma,
chinery and appurtenances located
thereon, or other improvements con-
structed for manufacturing, common
cial and business purposes on the
title of which is or may be held by the
Board Of Commit ssioners Of the Port OF
New Orleans, as an agency of the StatsS
of Louisiana, and which may be leased 7
from said Board by any persons or cor
porations conducting business thereon;
provided. that not less than Twenty
five Thousand Dollars (S25,OO0) shall
be invested in the physical property
of any such enterprise, and further
provided not less than twenty-five (25)
persons shall be constantly employed
thereon.
Section q BE it further resolved.
etc, That on the official ballot to be
used at said election shall be placed
the words: For the proposed amend
ment adding to Article 230 of the Con-
of this State certain exemp-
tions from taxation as to Industries
located on the Navigation Canal, New
Orleans" and the words: Against the
proposed amendment adding to Article
230 of the Constitution of this State
certain exemptions from taxation as to
industries located on the Navigation
Canal, New Orleans" and each elector
shall indicate his vote on the proposed
amendment as provided by the general
election laws of the State.
r. r. WALKER,
Speaker of tho House of Representa-
tives.
HEWITT BOUANCHAUD
Governor and President of
the Senate.
Approved. July Z, 1920
JNO M. PARKER
Governor of the State of Louisiana.
A true copy:
JAMES J. BAILEY
Secretary Of State