St. Tammany farmer., 1920-09-11
ACT NO. 153.

Ac4 NO. 400.
House Bill No. 376.
By Mr.. Claiborne
Substitute for House Bill No. 199.
JOINT RESOLUTION.
Proposing an amendment to Article
230 of the Constitution OF tho
Stale of Louisiana relative to ex-
einpting certain Industries locat-
ed IN the Navigation Canal, New
Orleans.
Section /. Be 1t resolved by che
General Assembly OF the State of
Louisiana, two-thirds Of all members
elected to each House concurring,
That the following amendments TO
the Constitution of the State of Lou
isiana be submitted to the electors
Of the State at the next Congression-
al Election TO be held on the first
Tuesday after the first Monday III
November, 1920, making said Article
read as follows:
Article 230. The following shall
be exc mpt from taxation, and no
other, viz: ALI public property.
places CT religious worship, or buri-
al, the rectories and parsonages Of
churches and grounds thereunto ap-
purtenant, used exclusively al resi-
dences for the ministers in charge
of such churches, all charitable tn
stitutioDs, all buildings and proper
ty used exclusively for public mon1-
ments or historical collections, col
leges and other school purposes, the
real AID personal estate Of any pub
lie library, and that OF any other
library association used by or con-
nected with such library, all books
and philosophical apparatus, and all
paintings and statuary of any COM
pany or association, kept In pub
lie hall; provided, the property Sd
exemrted be not leased for purposes
of private or corporate profit or in
come. There shall also be exempt
from taxation household property 20
the value of FIVE hundred dollars.
There shall be exempt from taxation
for a period of ten years from the
date Of its completion, any railro ad
or part of railroad that shall be col
structed and completed subsequent
ly to January /, 1905, and prior to
January /, 1909. This exemption
shall include and apply to all rights
of way, roadbeds, sidings, rails, and
other superstructures upon such
rights of way, roadbeds or sidings;
and to all depots, station-houses,
buildings, erections, and structures
appurtenant to such railroads aud
the operation of the same: but shall
not include the depots, warehouses,
station-houses and other structures
and appurteEances nor the land up
on which they are erected at termi-
nal points, and for which franchises
have been granted and obtained;
whether same remain the property
! of the present owner or owners, or
be transferred or assigned to any
corporation or corporations, person
or persons whomsoever, and, pro-
vided further, that this exemption
shall OF apply to double tracks, sid
ings, witches, depots or other I'M
provements or betterments, which
may he constructed by railroads now
in operation within the State, other
than extensions or new lines COZ
structed by such railroads. There
shall be exempt from taxation the
legal reserve of life insurance COM
pan,es organized under the laws OF
this State. The property or real es-
tate belonging to any military Or
ganizAtion of the State of Louisiana
which is used by the State National
Guard or Militia for military puT-
poses, such as arsenals or armories,
while so used, shall be exempt from
taxation. There shall also be ex-
empt, from taxation, loans made u2-
on security of mortgages granted ID
on real estate situated in this State
as well as the mortgages granted GO
secure said loans, and the notes
bonds, or other written instruments
: evidencing the said loans, whether
in the hands of the mortgage, or hi
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