Tama County Republican. (Toledo, Tama County, Iowa) 1867-1872, 1868-06-05
CHAPTER. $50.

4
AN ACT in Relation to Revenue and Taxing
the Property Of Express Companies and
Telegraph Companies. y
Section l. De it enacted by the General AZ
sembly Of the State Of Iowa, That the property
Of oil express companies and all telegraph
companies, operating and doing business
within this Stale, shall be included in the val.
uation Of the personal property Of such COM
pany or body corporate in the assessment Of
taxes in the township, incorporated town, OF
city wherein such company or corporation
shall have On Office for the Transaction Of its
at the same rate as other personal property in
the hands of individuals of this State. n
Sec. 2. In each township, incorporated town
or city in this State, where any such express
company or telegraph company shall hare an
Office or agency for the transaction Of It'd bus>
iness, IL shall be the duty Of the agent, clerk,
or person having the charge or care Of such
Office or agency, annually on the tenth day Of
January, or as soon thereafter as may be, but
not later than the first day Of February, to
furnish to the assessor Of such township In.
corporated town, or city, sworn statement
Of the gross receipts Of said Office or agency
accruing from the business and earnings Of
such company for the year ending on the first
day Of January next preceding, said state
ment to be sworn to by the officer or scent
having charge Of such Office; and upon receiv-
ing such statement the assessor, shall deduct
for the expense Of said Office or business, sixty
per cent from the amount so stated as the gross
receipts, and return the remaining amount as
the personal property Of such company to be
assessed at the same rate % the personal
property of private individuals in this State,
ing charge of such office or agency, shall fail
to return to the assessor the sworn statement
provided for in section two of this act by the
frst day of February, then it shall be the du-
ty Of the said assessor to ascertain as near as
near as may be, and by such information Us
he may be enabled to obtain, the amount Of
the gross receipts Of said office, and to deduct
sixty per cent from the same for expenses and
return the remainder to be assessed as other
taxable property and in oil respects to dea.
with the same, in the same manner as if said
sworn statement had been in fact furnished,
and neither the agent or person so neglecting
or failing to furnish said sworn statement nor
the company for which he is agent, shall be
allowed in any proceeding to collect the said
tax or in any proceeding by said company to
resist the payment of the same, to question
the correctness Of the amount so returned by
the assessor, or to inquire into or question his
means Of ascertaining the same.
Sec. 4. The taxes assessed and levied on the
property mentioned in section one of this act
shall be due and payable at the same time and
in the same manner as taxes are due and pay
able on the property Of private individuals Of
this State, and it shall be the duty of the
agent, clerk, or person having charge Of the
Office or agency Of such express or telegraph
company as is mentioned in section two of
this act, out Of the first moneys that may come
into his hands Of the proper earnings of said
company after the tenth day of January of
each year, to retain sufficient amount to
pay the taxes Of said company for that year
and which arc assessed on the returns from
the particular Office which he has in charge
and any such agent who shall neglect to re-
tain SO much Of said money as shall be sufi-
Gent to pay said taxes, provided so much shall
have come into his hands as aforesaid, or who
shall neglect or refuse to make the sworn
statement provided for in section two of this
act, shall be subject to penalty Of Fifty dol J.
lars for such neglect in either Of said cases,
and said penalty may be recovered before any
justice Of the peace by civil action in the name
Of the State Of Iowa.
Sec. 5. # any Of tho taxes assessed under
the provisions Of this act shall remain unpaid
~ s>s~ eAAsNSAss<* Wy ~ = CU1ObEy IL my Oue
year, for the preceding year, the Same shall
be considered delinquent and the property Of
said companies, or any of them, shall be lia>
BILE to distress and sale for the payment of
said taxes In the same manner as the proper
ty Of private individuals Of this State.
Sec. 8. All real and personal property own
ed by any express company or telegraph COM
pany in this State shall be subject to State,
county, and municipal taxes, to the same OF.
tent according to the value as other real es.
tate is taxed.
Sec Z. This Act being deemed Of immedi-
ate importance BY the General Assembly, shah
take effect and be in force from and after its
publication in the Daily Iowa State Register
and the Iowa Homestead, newspapers pub
lished at Des Moines, Iowa.
Approved April 9Th, 1868.
I hereby certify that the foregoing Act
took effect by publication, as required by
Section thereof, on the Goth day Of April,
A. D. 1868.
ED WRIGHT, Hec'y Of State.