New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1920-10-02
~arve. ara WAREHOUSES; for the trans

wnarves, and warehouses for the trans
action of their business.
tiles, including the foreign possessions
Of the United States, by exporting
cargo carried thereto in their own yes
sells. and to import from foreign coun-
tries. Including the foreign possessions
Of the United States, in their own yes
sells cargo for sale or exchange In the
United States, but no ship or sucn
company shall be laden with the com.
pany's own cargo to the exclusion OF
cargo offered for such voyage by the
general public, and such cargo onered
BY the general public shall have pref
erence on all voyages for which 1t Is
offered.
Fifth-To authorize corporations.
foreign and domestic, to subscribe e.
and own shares of their capital stoeE
not however in excess of the ltmitatTCA
above provided.
No leased property or chartered ship
shall be within the exemption herein
granted, nor shall vessels of such cor
porations operated in the coas1ng
trade OF the United States. or operated
between ports of the United States,
other than Louisiana ports, and foreign
countries, not including the foreign
possessions of the United States, be
within the exemption herein granted
One such voyage voyage IN any t year vo Snsn
to taxation for that year.
The proof above required to be hled
with the Secretary of State that the
in cash shall be the joint affidavit of
the president and secretary of the
company to the effect, accompanied by
a verified trial balance of the companys
books.
Each of said corporations shall pos
sess the power of eminent domain for
the purpose of acquiring land on which
TO erect plant to build and repair
vessels.
There shall be exempt from State,
parish and municipal taxation for
period of ten (10l years from January
/, 1921, all buildings, including ma
chinery and appurtenances located
thereon, or other improvements con-
structed for manufacturing, CONNER
lands of the Navigation Canal. the
title of which Is or may be held by the
Board of Commissioners of the Port of
New Orleans, as an agency of the Stay
of Louisiana and which may be 7ase&e
from said Board by any persons or corr
porations conducting business thereon;
provided, that not less than Twenty
five Thousand Dollars ($25,000) 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
ment adding to Article 230 of the Con-
of this State certain exemp-
tons from taxation as to industries
located on the Navigation Canal, New
Orleans" and the words: Against the
proposed amendment adding to Article
23O of the Constitution of this State
certain exemptions from taxation as to
industries located on the Navigation
Canal, New Orleans" and each electoP
shall indicate his vote on the proposed
amendment as provided by the general
election laws of the State.
r. F. WALKER,
Speaker of the House of Representa-
tiVes.
HEWITT BOUANCHAUD,
Lieutenant Governor and President OF
the Senate.
Approved. July Z, 1920
JNO NJ. PARKER,
Governor of the State of Louisiana.
true copy:
JAMES J. BAILEY,
Secretary of State.