New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1920-08-28
~ ,yareboUses for the trans

wnaryes, and warehouses; lot 'le II ans
! ..tIon ~ their business.
Eourth-To trade with foreign coun
tries Including the foreign possession
of the United States, by eXpoF tlhS
cargo carried thereto IN t1 seai CIV co,9
! trias including the foreign possessions
! Of the United States in their own yes
! eels cargo for sale or eXchanEt IN thE
! Tnitsd States but no ship or such
| cnmrany shall be laden with the com
! Dany'g own cargo to the exclusion OF
! cargo offered for such voyage bE tht
! general public, and such CaTeo oIti 90
| e. tbe general public shall have pref
erence on all voyages TOT "Hi'" II IL
| offered ,,,...., ,f,r.
foreign and domestic. 10 SUI 5G'iD ne 70
and own shares of their capital stock.
not however in excess Of the Limitation
above provided ,.., t.i
.baII he within the exemption herein
GRANTED. nor shall vessels of such cor
Dorations operated in the coaStlhg
trade of the United States, or operated
between ports of the United states
other than Louisiana ports, ana foreign
countries not including the foreign
Dossessions of the United states, BE-
within the exemption herein granted
One such voyage IN any t year vo Sas,l
to taxation for that year.
The proof above required TO be MED
with the Secretary OF state that the
in cash shall be the joint affIdaYlt OF
the president and secretary OF the
company to the effect, accompanied by
a verified trial balance of the company s
books. .
Each Of said corporations shall pos
sess the power of eminent domain for
the purpose Of acquiring land on which
to erect a plant to build ana repair
vessels.
There shall be exempt from State,
parish and municipal taxation for a
period of ten (10) years from January
l. 1921, all buildings, including ma
chinery and appurtenances located
thereon or other improvements oon-
structed for manufacturing, CONNER
CiaI and business purposes on tho
lands of the Navigation Canal, tho
title of which is or may be held by the
Board of Commits soners of the Port OF
New Orleans, as an agency or the state
of Louisiana, and which may be leased
from said Board by any persons or cor
poratiOns conducting business thereon;
provided. that not less than twenty -
five Thousand Dollars (s25,O0O) 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 @ 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-
stitution 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 the Navigation
Canal. New Orleans" and each elector
shall indicate his vote on the proposed
as provided by the general
election laws Of the State.
4, F. WALKER,
Speaker of the House of Representa-
tiVeS.
HEWITT BOUANCHAUD,
Lieutenant Governor and President OF
the Senate.
Approved. July Z. 1920.
JNO ". PARKER,
Governor of the State of Louisiana.
A true copy:
JAMES J. BAILEY,
Secretary of State.