The St. Mary banner., 1920-10-09
ACT NO. 153.

| ACT NO. 1a3.
House Bill No. 376-Ry Mr.. claibor
Substitute for House Bill No 49,
JOINT RESOLUTION
| Proposing an amendment to Article Y
| of the Constitution of the State 4
Louisiana relative to exempttng H-
tain industries located on the navia'
tion Canal New Orleans.
Section l. Be it resolved by the Gs'
eral Assembly of the State of lOtt
lana. two thirds of all members eecA
| to each House concurring, That the "
| lowing amendments to the ConsuH
ton of the State of Louisiana be sup
| mitted to the electors of the state
| the next Congressional Election to Y
! held on the first Tuesday after the 1n
Monday in November. 1870. maku
said Article read as follows
Article 230 The following shan
exempt from taxation. and no oInu'
| viz: All public property, places q
ligious worship. or burial. the fec'o,,s
and parsonages Of churches ~
grounds thereunto appurtenant. ~
exclusively as residences for the h,r4
listers in charge of such churehsss -
charitable institutions. all bu'ans'
and property used exclusively .ol ~
lie monuments or historical colleos'Vss, ~
colleges and other school purposss, ,si. u.
real and personal estate OF any pa.,,
library. and that OF any otheI .V.. ~
association used by or connected ~
such library ali books and philosopal,,
cal apparatus and all palhlihss
statuary of any company or sssGs.s 'Is.s
ton, kept in public hall, piv.".a
the property so exempted De ehno,is No. ,
for purposes of private or 9o.xst H." ~
profit or income. There snaii - Nm.
exempt from taxation househyg.ut p All.
ertv to the value of FIVE hunalea tsY. r
lars. There shall be exempt Nv" frsn
alton for a period OF ten yeai. i..,,,o,A
the date of its completion any 80 ns cou.
or part of railroad that shan ~ s,v n
structed and completed suosequom.y,
January l, 1905, and prior 10 1a"d s,..ds .sd
1909. This exemption shall os,o.Sbeda
apply to all rights OF way, "a!,rnsrstrue
sidings. rails. and other Nv road
lures upon such rignts u ..nots sta
beds or sidngs; and to an uep sions ast
ton houses, buildings. eioth snch rail-.
structures appurtenant " ths SANE;
roads and the operation ol ~ ware
hut shall not include the deposs strue.
houses. stationhouses and QUIZ ths hrs
lures and appurtenances no. Al ter.
upon which they are erec.'sH nchIsss
mjnal points, and for whicn ,ostsiasi;
hnna haan granted and op. os,~ II
,hatbar same remain the properly
~ nrasent owner or owners. .or.
Transferred or assigned TO an oer,
noration or corporations. persy,%as iur-
sons whomsoever. and. proVnhslJ not
ther that this exemption s,djngs
apply to double traces, oyso,sEis
switches. depots or other mp he cor.
or betterments. which may orsrsuoh
et,ucted by railroads now IN .stpsosio1s
within the state. other than .uch rail.
or new lines constructed py pynnt fran
roads There shall be exe,iY ,;Ys jasGr.
taxation the legal reserVs " ,ndsf The
ance companies organizer ,raosrty ef
laws of this State. Inc ~, miIitan
real estate belonging 70 81 a. LOuisisas,
OF the Stat. S,ets Nsticss
which is used by the thu;.arv ouspcsa
Guard or militia for mIIi,Si mnsiss while "
such as arsenals or armo'. taIstiaf
nsed shall be exempt Iro" FROM ta'.,
Thars shall also be exempt asc"rtty q
ton loans made upon the rssI sstsls
mortgages granted upon ali - 20
sifuafed in this state, as aid iosrs
moT,saees granted to secu,gb sn,bs~ writes
ND ma ,bs nofes bonds or otnU nssid i,srs
ana ents ,ne Use evidencing the s.nrtxses;.
W ,ise e,har in the hands Of tne ~" sad ~
"heshel ne or ~ their transferess.: s.:orOssl.s
loans made by life Ihsu' .non the ~
to their policyholdeIs. apb nv tbs ~
security Of policies heiu making ,
rower in the compah! ,es or ON"
loan. as well as all ho'