Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-03-10

penses. Inasmuch as taxes are levied for
State and local uses, listers have in their
duties functions which relate to the State
as well as to towns. II towns can say
what shall be tsxed and what shall not
be taxed, they can interfere with the Of
flee Of tho Commonwealth. II they can
Direct what property shall so into the
grand list, they can direct what property
shall not go into the grand list. To be
able to do this would be able to alter the
revenues OF q State. To direct q species
of property to be put in the grand list, Is
in effect to direct State taxes to be coll
leeted from it. TO direct certain spe-
cies not to be put in the grand list, is to
direct the taxes properly derivable from
it to be withheld from the State. For
local and State levies are made up on the
Grand List.
The Legislature gives the following
rule for the taxation..of railroads: On the
first day of April, annually the clerk of the
corporation must send to the Treasurer OF
the State, the names of resident and non
resident stockholders, with the number OF
shares owned by each, upon which GER
tain definite tax is levied.
"Prooiaed, hoaoeger, that no certificate, as
heretofore required, shall be made By such
clerk Of said corporation, atraless SAID cor
poration shall earn, or yield, or receioe, an
| annual income Of sir per cent. or more,
to the several stockholders hereef.'
This provision plainly exempts the
stock of the Rutland Railroad. So far as
we have examined the question, this set
! ties the whole matter of taxation. For
the courts have uniformity held that the
exemption of the stock of railroad cor.
| poration carries with it the exemption OF
all real estate, shops, tools and fixtares Of
every kind necessarily appertaining to
road.
A vote of the town therefore, directing
! the listers to include the Rutland Kali
road property in the grand list is legally
void and imperative. Only the d7sE32lti
of the thing is to be objected to. 1t ii
against this that we protest. 1t is this
which it is due to the town should be SCI
right in our next town meeting.
| 1t is to maintain the good name and
credit of the town, not for any good il
may do the road except in righting the
indirect injury to it evoked by the un
friendly state of feeling implied in al i'm
potent an attempt to ininrr. We wan
the vote repealed more for the sake of thu
| town than the road. II We had the RICH
| to tax the road it would not be graceful
for Us to do it, as we have not it is some.
| thing worse.
| MIRACULOUS ESCAPE. The Benning'
ton Banner says: We have this week &c
| record an almost miraculous escape from
| death by drowning. One day last weel
a little girl, eight or ten years old
daughter of Mr.. John Keenan,, who for 4
| number of years has heen in the employ
of Messrs. Bradford & Sous, t,li into the
| river through the ice, some rods above
the brick knltting factory, going under
| the ice to the dam, which has some 6 fee
| fall, with an apron of about 20 feet-ther
under Walsh's machine shoe. TO another
| dam, before reaching which latter poin
the water runs in a walled up and covered
race-way. fully 90 rods. As good forum,
would have it, just as she was going over
| this last dam, she was rescued by Mr.
William Bradford, who seeing her. hur
ried to her assistance, else she must have
found watery grave. AS it was. strange
though it may appear, she sustained no
| serious effects from her most narrow es-
| cape from terrible death.