The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1920-10-16
or 1920, making said Article read

Der, 1920, making said Article read as
follows:
Article go The following shall be ex-
empt from taxation, and no other ~
All public property. places Of religious
worship. or burial, the rectories and par
sonages OF churches and grounds there un-
To appurtenant. used exclusively as resi-
dances 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-
noses the real and personal estate of any
public library and that Of any other IL
brarv association used by or connected
with such library, all books and philo-
sophcal apparatus. and all paintings and
statuary of any company or association.
Kept in public hall; provided. the prop
.rtv so exempted I've not leased for pur-
pcses Of private OF, corporate profit or in
come. There shall also be exempt from
taxation household property to the value
Of five hundred dollars. There shall be
exempt from taxation for a period of ten
ears from the daIe of its completion. any
railroad or part Of railroad that shall be
u
to January l. 1905, and prior to January
l. 1909 This exemption shall include and
;lDplv to all rights Of way. roadbedS, sid
ines. rails and other superstructures upon
such rights of way, roadbedS or sidings:
and to all depots. station houses. build
ings erectons and structures appurten-
ant to such railroads and the operation
Of the same: but shall not include the de-
nots warehouses. station houses and 9TH
er structures and appurtenances nor the
land upon which they are erected at ter
minal points. ana for which franchises
have been granted and obtained; whether
same remain the property OF the present
owner or owners. or be transferred or as
signed to any corporation or corporations.
person or persons whomsoever. and. pro-
yded further, that this exemption shah
not apply to double tracks SidingS.
switches depots or other improvements
or bettermentS, which may be construct
ed by railroads now in operation within
the state, other than extensions or new
lines constructed by such railroads
There shall be exempt from taxation the
legal reserve of life insurance companies
organized under the laws of this State
The property or 1eal estate belonging u
any military organization Of the State OF
Louisiana which is used by the State
National Guard or militia for military
purposes. such as arsenals or armories
while so used shall be exempt from tax
alton. There shall also be exempt. from
taxation. loans made upon the security
Of mortgages granted upon real estate
situated in this State. as well as mort
cages granted 10 secure said loans, ant
the notes. bonds or other written instru-
ments evidencing the said loans, whether
in the hands of the MORTGAGE, or his OF
their transferees: and all loans made b,
life insurance companies to their policy
holders, upon the sole security OF poll
cies held by the borrower in the com
pany making the loans, as well as al
notes or other written instruments evi
dencing such loans: provided, that in thu
case of loans upon policies of life insur
ance, as aforesaid. the rate of interes
charged upon such loans does not exceed