The Concordia sentinel. (Vidalia, Concordia Parish, La.) 1882-current, 1920-08-28

used shall be exemnt fror1' , 1917
atjop i I also De exempt from tax
oH, ioans made upon the securit,y n
mortgages granted upon real 49,,
- situated In this State as well al -
and cages granted to secure said Ioo ms
anu the notes bonds or Other Sxrit,o,
instruments evidencing the ssid io oooel
W ether In the hands of the mortesrse
loans S ms or tn thelE transferees; and al
- -. IHdue Dy life insurance comnanie,
10 their policyholders, upon the soG'
d security security OF policies held by the bor'
Of loans IN the company making the
d written Weii as all notes or other
70 | Ioa.eh instruments. evidencInR snch
Ioans; provided. that in the csss 81
IL upon policies of life Insurance
J. cbar@aS n' the rate of interest
Il c ce9G hVe per cent (s%) per annum dis
e .sI The capital. surplus and personal
er November 23rd. 1912. in this stats
a mors, the sole purpose OF lending
i property n,,ua MORTGAGES on country
: rate OF interest not to exceed air nar
n nent o%) net to the borrower win
= and sac 10 negotiate and handle bonds
pt,nes and local districts and mn.
uclpantles OF the State of Iouiaia -
twenty TWEEN De 1ao exempt from taxation for
me organization of said comnanias
PROVIDED that said companies sbsIi
not les. Irtlh,Dai6 cash capital stock OF
AaA
Iurther, that In case any such cornnr
ae!on snail on any loan charge the hor-
vh more than six per cent interest
count or otherwise II shall SorTa;. us Us
entlre exemption herein GRAINED eS
e SUBJECT to taxation from the time IL |
poration handling or neRotistin9 S
SecuIies other than those hereinahovs
M u0ned shall incur a like FORFEITURE
to receiva o an shall have power
4
40 banking business OF any sor, h' 90
AZ Sucn corporations shall be under
aminer of s taE supervision of the Ex-
SnAH De to report to the Attoyyu.
General any violation Of the conSitioS
Oh this exemption. Ni'ioh
nnerelhaIter set forth, toxetber wisL
e eenr capital stock and ali their pronn
be ~ sre GOrPoresI and incorporeai, shall
oeate parish, Ievee and mur icinaI hotL
efaL ana special, exclusive OF wharf
Years s fror, or Or levee dues, Tor ff:een
secretary of State proof that tbaie
authorized capital stock has been noid
IN full in cash. eh palo
no such steamship COMPANY shouI
nave the benefit of this Constitution,i
p prOEEision except upon the folIowinr ,
been organized and the wboIe of nave ,
ssushorlzed capital stock paid in caSh
OSaOre January LIST, 1916 Q
Second-That such companv abou =.
1omiciled in the City OF New 0rIaos
81 IN some other port of this State {
c oante. such company shall have o
ION doS1ar s'oG OK OF at least three mil r
Fourth-That it shall be provjdsd :, 7
me charter OF the company thai m
,wp p0 or ION cn or nrm, or individual shall
or cOhtroI, either directly or in u
ilrectly. more than one-twentisth :,
h ne Spltai stock of the company: and v
rns+s an pooIng agreements and voting d
ontrol the corporation shall he shso 10 "
ntely null and void and no stool ESQ, S;
! any such pool or voting trust shall Nh
r meeting at any corporate election m
Fifth-That the capital stock NJ eoob w
oriptinS 9 hi, De open to public sub m
lie New Orleans newspaners fn IN ma
ast three months before the 6ooi a.
e closed, and if over-subscribed sbaI1 W
Sixth-That all vessels onaro,a a9ers. -.
10 company shall be common "a rriaSs We
lcity Of y tSe ss unless the whole ca he
r particular voyage or voSnea eEed CIV
particular purpose '0ses LOT thi
~ shaIi be lawful for companies 90 Ev
eahlEeo IN addition to the noyyAS
w provided by the laws of tba VSW . lee
incorporate into their charters ali &c Pc
k,S Oh tne following powers: Nc
ssa1S Oullo' charter or purchase
SeSondMTo insure goods, wares and ON,
srcnandise carried in their own botu ou'
ms against fire and periis of the Sol Dol han
arato build, own and rent and of
erAte shipyards. docks niars
arves and warehouses for tn. t plTrs' ing
ION or their business In
IhcIuding the foreign possessions ION
sI tne United States. by EXPORTS cru
5 and to inner. thereto in their own yes 8
% including the foreign possessions can
.he united States. in their own YES. FOR
Il sS 20 TOT sale or exchange in the
lpany shall be laden with the CONN is ,
20 oT ~n cargo to the exclusion of -,
epai HT nnb11o Tor such voyage by the eHi
the g PUBLIC; and such cargo offered So
Sne general public shall have nraf - Z
re- rsd on all voyages for which il is W
iftb-ro .. eye.
ign and domestic 70 corporations corporations. be q
own shares of their capital stociS of
We provided excess OF the limitation smeI
? leased property or chartered shin (H.S
De within the exemption heTeip Hi
ltions operated in the coast GTr negr
veen United states. or operated ance
r than Louisiana ports snd states once
essioD. NOT including the foreign give
in the exemption bera,n states. be plent
ac s9c N voyage in any year shall plent
$500 EeSsei making the VOYAGE Tho
axation for that year. Inc
proof above required to be n1.d hardI
Lne secretary of State that thS sion
lsh shall be the Joint affJda1,Pt ao1 devils
any to tha ana secretary of the the e
ihed trial balance Of the eon1nsn py and ?
cb =, -. them
the power Of emina0f ds snail pos ever,
anpose OF acquiring land on which was
Is. 70 Ooiid and repair sprint
IRE shall be exempt from STAT. Now
i of ten 9ioS pa taxation for swift
r. all buildings. inciudinS ny on ii
IN. or 1 o,h epp1rtenances located legged
ed fer manufacturins n con The
Of thu n less purposes on the ~ dul
Il which IL or maI n hSnnaL the tie wi
,r ~ commissioners of the Port of horses
iisiana, and Wis., nSg OF the State Sonnet
,alo Board BY any persons or car roof Of
ed. thai not business thereon: By or
nousend Dollars (S2B,oO0) ah:uI
.esteo IN the physician pronert1 nla,
cd not less than twenty.sYor sss II II
:. 20 constantly employed monds
on 9. Be IL further -.., ,buildin
-. !. en- the official ballot 10 r. for Ola
y SAID election shall be nIScSS 80 -.
Ios: For the propoaAA 1872 anu 20