The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1868-06-25
CHAPTER 1as

ED WRIGHT, Sec'y Of State.
First publication April 26.
CHAPTER 1876.
An Act to Repeal Section Is of Chap
ter lib, Laws of the Ninth Gener
al Assembly, regulating the Levy
and Collection, of Tax on Gros.
Receipts of Rail Road Companie,
and to Enact q Substitute there
for.
Section l. Be it enacted by tn.
General Assembly OF the State o.
Iowa, That section sixteen Of. chap
ter ono huI dred and seventy three
of laws of Ninth General Assembly
be and the same is hereby repealed
and the following substituted there
for--Scction Is. Each railroad
company in tho State shall annually
on or before the fifteenth day O
February, file in the Office Of the
Treasurer ofState asworn statement
setting forth, first, the gross receipt.
of their railroad, without REDUCTION
[deduction1 of expenses for the year
ending on the thirty first day of De-
cembcr preceding; second, the num-
Der OF miles Of their railroad in each
county on the thirty first day Of De
cember preceding; which said state
ment shall be sworn to by the secre
tary and treasurer Of such company
and by the general superintendent Of
their railroad; and the treasurer oil
State shall levy on said gross re
ceipts tax of one per centum. which
the said railroad companies shall pay
on or before the last day day Of Feb
ruary, after which time the said taxes
shall become delinquent, and the
same penalties and interest shall, at.
tach as on other taxes. After the
said taxes become delinquent
the treasurer of State shall proceed
to collect the same in the same man.
ner and with the same right and
powers a. sheriff on execution.
One-half of said taxes levied and
collected rs aforesaid, shall be cqally
apportioned by the Treasurer Of
State to the several counties through
which said roads respectively run, in
proportion to the number of miles Of
main track of road in each county,
and shall be paid over by him to the
county treasurer ofsuch county. II
any railroad company shall fail to
make the sworn statement required
by this act, tho treasurer of State
shall ascertain as near as may be the
gross receipts Of such delinquent
company, and assess thereupon the
said per centum, and shall seize and
levy upon the whole or any part OF
the property, rights, and franchises
OF such company, and after giving 10
days public notice of the time and
place Of sale, shall proceed TO sell
the Same at public auction, to satisfy
the amount of SAID assessment, to-
gether with all costs and expen-
Sos incurred in making the assess
ment and sale. The auditor Of State
shall draw a warrant upon the gen.
eral revenue, payable to tho order Of
the treasurer of State, COR the necess
sary expenses incurred by him in
either the assessment or tho collec-
ton ofthc taxes as required by this
act.
Tho taxes herein provided for shall
be in lieu of all taxes for any and all
purposes on the road bed, track, roll
ing stock and necessary buildings for
operating their road. But other
property belonging to such company,
whether personal or real, shall be tax
ed as property Of individuals liz the
respective counties in which the same
may lie.
Sec. 2. This act being deemed BY
the General Assembly Of Immediate
Importance shall be in force from and
after its publication in the State
Register and the Iowa Evening
Statesman, newspapers published at
Dcs Moines, Iowa.
Approved April 8, 1868.
| hereby certify that the foregoing
Act took OBJECT BY publication, as rv
CURED in section 2 thereof on the 29th
day of April, A. d. 1868.
ED. WRIGHT, Scc'y of State.