The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-12-18
HOUSE OF DELEGATES.
House met at 10 o'clock A. NJ.

Prayer by the Rev. DR.. Taylor.
Mr.. FURGUSON, from the committee
on Revision, reported Chapter ll0, on
education.
Mr.. FURGUSON, from the committee
of nine on Chapter -, Oh assessment,
reported the following:
Substitute for Section 67 Of Chapter % Of
the Code, Reported from tie Joint
Committee on the subject Of Railroad
Taxation.
81. The value of the property of rail
road companies, for the purpose OF taxa
ton, shall be ascertained in the manner
following: 1t shall be the duty of the
President, Secretary or principal ac-
counting officer of every railroad COM
pauy, whose road is wholly or in part
within this State, to file with the Audi
tor, in the month of April in each year,
sworn statement showing:
|. The whole number of miles of the
main stem of such railroad in and out
of this State, with the entire cost there
of, including its road-bed, bridges,
Gepots, stations, machine shops, ma
chinery, freight houses, stock yards,
rolling stock ahd all other necessary
appendages and structures connected
and used herewith, together with all
the real estate which the company is
allowed by law to hold. If there be
branches of such road in the State, the
whole number of miles of each, with
its whole cost, as aforesaid, shall be
stated.
III. The number of miles of such
main stem. and of each branch
within each Of the counties of this State
through which the same runs.
III. The total costs, as near as the
same can be arrived at, of that part of
the main stem of SIch railroad which
lies in this State, made up as aforesaid,
". The net earnings of such COM
pany, over and above rs expenses, on
the whole of such NAH stem, FOX its
preceding fiscal year; ana the proper
ton of such nett earnings, IS near as
NAV be, derived from that pazs of such
main stem which lies within this State.
Also tho net earnings of each branch of
said railroad rs aforesaid within this
State.
V. The fair value, IN money, OF tte
main stem and of each branch of such
road. including the items aforesaid,
within each county through which 1t
rms in this State at the date OF such
statement.
In making NJ such statement ana IN
the assessment of the property oil sucn
company for the purpose OF taxation,
as hereinafter provided, the far value
of such property, in money, shali be es-
timated with reference to the net earn
mos of the said company within this
state, as compared with the costs of its
nroperty therein. The Auditor shall
law the said statement before the Board
of Public Works as soon as possible
after the filing thereof, and if the same
be deemed satisfactory the said Board
shall direct the Auditor to assess the
property of such company for State ana
General free school purposes upon the
Valuation of its property as contained
in said statement, and the Auditor shall
asses. the same accordingly, But If the
said statement be not satisfactory To the
Board, or if any such railroad company
fail to file the statement herein re-
ouired. the said Board shall, as soon as
possible thereafter, appoint Board oil
commissioners, consisting OF one dis
Greet and intelligent freeholder from
each Congressional districto OF the STATE
70 assess the property of said company,
as hereinafter required; but no person
shall be appointed as such Commission
or who resides in q county through
which a railroad runs. 1t shall De the
duty of the said Commissioners, as soon
as they are informed of their appoint
ment 10 convene al some convenient
noint on the line of railroad to be as
sessed and TO examine, as far as prac-
ticable, all the taxable property
of such railroad company hereihOeIoIe
mentioned, within each OF the counIiIS
of this State, and TO assess the lair val
ue thereof, in money, for the purpose ol
taxation, upon the principles hereinoe-
fore stated. If o statement OF the prop
ertv of such company has been iiled as
herein required, copy thereof shall 1e
delivered to said Commissioners oy the
Auditor. to enable them to discharge
tboir dnties: but if no such statement
hos been filed, the said Commissioners
ILL assess the value of such property
within each county of this State from
the hest information they can obtain,
The assessment so made by the ssiu
Commissioners shall be returned oy
them to the Auditor on er before the
first day of August succeeding their sp'
pointmsnt. Any railroad company nsS
appeal from the decision OF tne salT ~,
Commissioners fixing tho valuation ol
its property within any one or more o.
the counties through which its road runs
to the Board of Public Works within
thirty days after the service of notice
of the return of such assessment uper
the President, Secretary, principal &C
counting officer, or any director or agen
Give notice of every such appeal to thu
Attorney General, and it shall be be hi hi
duty to attend to the interests OF tn
State therein. The decision OF tn.
n"-l e pnlL;a Wnrks in every suCl