The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1920-09-25

dc lives ehe House of Represent
al trI.r. HEWITT BoIJANcu
" the Sena governor and President
"a approved: July 1ooo
q 4 tovernor Of the State ~ fo,,.,
q a true copy: VI Louisiana
: LANES J. BAILEY.
Z secretary of State.
] ACT NO. fss.
: HOUSE Bill No. 37s-Rv NJ
SUBSTITUTE for House. tsill AZ iatD orne
Prono.tr JOINT RESOLUTION 10
OF ~ an an amendment to Article aao
Louisiana rsia tation of the State of
tt i'm Industries located IN th p.ing Ger
Se on Canal, New Orleans 1'e haviga-
erai AssemblHH We ~ = resolved by the Cen
ttana. two-thfrds of ali ,n ease OF Louis
iowfrn nouse concurrinr. Tba erected
ton ~ an amendments to the consti 1911
mitted 70 th o.ate OF Louisiana be sinh
haS. next Congressional E,an ne oIate at
Mana On tne hrst Tuesday astar n 10 be
said a Ay.,I n. November. 1870 the "a frs, arst
tAaticle read as folIow.. making |
erern cie zS0. The foIlowi,,. .,
viv empt from taxation. ana mig snail be
lioic,, All public properly nio no other,
and nsrsnp. or burial, the rectar;
grounds thereunto OF churches and
istars as residences for IT. used
chsritah,c charge of such churchasi MN IN,
md propertv rn,.ssltntions. all buiIdinss I
vnuments or historfcai co, ior pub /
esi ana other school nurnas eetions,
lbrarv psrsonal estate of anv n,,h me
~ zion used by or coo 0rner library q
al library. all books and nbsfew with /
atuarv and all paintino sopni, ci
on. kept In n,hin.pany or associa- -
'r property SO exempted he provided. eli
,oatp purposes of private or not leased Ia
tempt fr income There shall aiso I'll
~ - rom taxation househa1 ESQ De BE-
rs 20 the value of five hr,,Sa prop NJ
i'm mere shall be exemnf srn. dol Of
date :, period of ten years fax tax FRI
part Of ra;,c cOmpietion, any raiIroad pc
: u ,'a and completed suhsan pc con- Nv
a n 4, 1905. and prior toqquen.iy to be
ply to ali r rinRtion shall include and d of
.nss. rails. and otbera way, roadbeds. pa No
II upon such rights or Svuperstruc- the
n-housna and to all denots 'o st s
uctures apns,rsAngs, erections and etc.
ds and the operation 20 D, such rail- t Ise
AS not include the denofe same mer
60 ana a nn,s and other strne slit
n 2 which they are ere n9e the land io c
: poants. and for which ~. a. ter Orie
,ther granted and S,btsinsas PROF
present owrar Inc property OF Sso
tor 90 or assigned to anv De indu
! ~ - corporations, persian a. Can;
th thai .Vhi.er and, provided FUR shall
v tnis exemption shaI, amer
Oh e. aoubie tracks, sid;not elect
,etfs. uepots or other in1provan,aass
ted Nv ras; which may be cnns Spea
ss tne State, other than a1yp,aeration
Z" ines constructed by s,,. ch Lieu,
inn az onau be exemnf fra the
comne r ttesa! reserve OF life insnru Ap1
.. this State The nrn naer the &c
Iissate belonging to apv op neI,y or A tru
is ,s OF the State Of Lon,sisy JAl
or militia x a. the ns,,s State National s
- arsenals or armorias purposes.
shall sS.o exempt from taxation son.t.
ioans . rae0 De exempt from tar 'o"at'
81 ses granted upon real a OF Propol
ares sr snis state, as well as sts stitr
le notes -h~ns 20 secure said loans anne
ments ey;S Ionds or other written tntis
Ar - AZ ,oenclng the said ioa quail
= IA the hands Of the mn tr loans, conv
nsda Ssne,r transferees: ardsoo91iI held
,r policyholders, unon Vthhpanles SectI
z = % Icacics held By rms me sole eraf a
- wn nE company making ~ lana, T
n.n.ssI suments. evidencfnr sneh to the
, ppvvided, that in the cass sucn louisa
a rss policies OF life ins,1ranof electors
,' the rate OF intarne, or rejet
e ner car ucH i0ans does not er. ZION to
Sel cent (5%) per annn,a a. next fo
us vember
eSptaL surplus and na,s the Con
,vewh ey corporation oreanI,aa lows:
.VemDer 23rd, 1912, in thi s rted .Artfc
soie purpose OF lanJ;e any prir
on mortgages an uIng ton or G
situated In Louisiana the purI
rtntereet not to exceed a date for
- net TO the borrower .yyitL son is a
he. an
issued by the var;n, may be
eno local districts ana which ca
es OF the State of Ja..,mu- to be M
,oa exempt from taxafior conventit
~, ~ years from the date ment Of
that 81 said companies oasis of
MI tnat said companies shoI;t section
- paia cash capital stool etc. That
n $1e0.000; and, provided printed
II ~ IN case any such cornor amendme
70 any loan charge the bor stitution
hv man six per cent interest i've to
~ OF commission Al" vouers in
oo,.nerwise, 1t shall forfeit rs political ;
0npIon herein granted pose of
~ taxation from the time - aor publf
! = sGan; and any such co. against
~thhaHng or Negotiating al, HHrticfe 90
cr tnan those herejna bo STATE of
snau incur like forfait've tlonaI qua
erporation shall have nowsr maries. CO
any money on denosi, power semblies h
corporations shall h soru nut fee"
s Eng supervision of the Ev
=, osAso banks, whose dutv ~ lieutenant
seport to the Attornaw the Sena
mntt o,ation of the conditioy
p companies tives.
set forth. torefhar as Approved
!, ra STOCK and ali their prnn
from all taxes ana snail A true COW
a, Jovee and mur ictn lenses. JAMES j.
spectai, exclusive 81 wba,s Secreta1
u ievee dues, for 1Ttna --
the date of filing viii e es
= state proof that thn ue
al ea' stock has been paid
steamship compare .,.n
nent OF this Consfifut;n
'cepe upon the foiIewins
:; T.: :.::: 4: :,; a:s ]! Rel
'at such company shatt ~
tne City of New CrIaa ue
tner port of this State
such company sbaii
na , u at least three mil
pxyapIe only in cash
~ ~ y shall be PROVIDE, T.
u the company that IN
Z IT rm or individual sha1 no
Oh either directly or ia LET re
ocs 81 ,opne-twentieth Of