The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1872-05-09

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LAWS - IOWA.
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| II u 4FTER aass
An 49, y y rallrd p II
+ I'D 2 loh taxa y, =
leasine certain taxes herein nomed.
6DCTI0N l. Be 4 snaceed ~ GAs
General Assembly Of TIE Seefeqf 800,
That II shall b the dsty q The Cen-
sus Board. on tke .frst Monday Of
March Il each year, u onBsn an the
property Of each railroad company In
this State, excepting the lands, lots,
and other real estate OH ryilroe1 on.
pany not used In the q Pe6u9ion q tAeir
respective roads.
sDc. 2 i1tshall b tn Asley sfshs
President, Vice President, or General
Superintendent. and ofsuch officers -
the Census Board may designate =:
any railroad company. owning. lsss-
ing, or operating any rHilsoad within
this;9 tate. II mrninh aid Beard on or
before the 18th day OF February In
each year. statement, signed and
sworn to by such o1icer or officers,
which statement shall embenOo In dc.
tail and show for the year ending Jan.
ua,y let, preceedtsg:
l. The whole number Of miles
owned. operated, or leased in the
State by any railroad company making
the return.
.. The number. q miles owned,
operated or leased BY such company,
with detailed statement OF oil prup.
erty Of every kind locsted in each
county in the State. - z
3. Also detailed statement Of the
numoes ofs0siass. PED enesr, express,
mail, baggage, freight and other cars.
or property used in operating or
repqitN0 suoh rnilroad IN this 6tats.
and on roads which are part Of lines
extending beyond the limits, Of this
State; the return shalt show the actual
amount ofrolling stock 10 use on the
compsny's line ID the State during the
year for which the return IL made.
The return shalt show the amount OF
rolling stock, the gross earnings OF the
entire Foai operated by the company.
and the gross ssfnirgs Of the roads in
this State, and all property designaed
In section 5of this act, and such other
facts as the Census Board shall In
writing require.
SEC. 8. The said property shall DO
valued at It's hne cnsh value, and such
assessment shall be made upon the
entire road within the State. and shall
include the right Of WV. road bed,
bridges, culverts, rolling stock, derots,
station grounds, shops, buildings.
grassl beds, and Al other property,
resi- and personal, exclusively used Ia
the operation Of such railroad. In
assessing said railroad and its equip
mshts, the said Census Beard shall
take into consideration the gross earn
ings per mile for the year ending Jan
uary LIST preceding. and any aud all
other matter necessary to enable said
Census Board to make . just and
equitable a.sessment OF the said rail.
road property. Ifspart Of any railroad
Is without the State, then in estims-
ting the value Of its rolling stock aud
movable property, they shall take into
consideration the proportion which
The business Of that part OF the road
lying within the State bears TO the
business OF the roal without the State;
Prorided, that the valuation by the
Census Board Of the property Of rail
roads shall be In the same ratio rs that
u the property ofindividuals.
SEC. 4. The Census Board on or
before the 18th Of March shall transmit
to the Board Of Supervisors Of each
county through whicil any Of said
roads run, = sisisunent snowtng the
scUgtn % nssn svuDA % rusu wstdsu
such county, and the assessed value
per mile OF said road - fixed by pro
rata distribution per mile OF the as
-essed value Of the whole property
uamed In Sec. Of this act. Said
statement shall no entered upon the
proper records Of said seve raj counties.
: SEC. 5. II shall be the duty Of the
Board Of Supervisors Of said counties,
at their first meeting after receiving
such statement, 70 make and enter in
the proper record an order, stating
and declaring the length OF the main
track, and sssesssd value Of such road
lying within each city. town, township
and lesser taxing districts In said coun.
ty through which said road runs. rs
fixed by the distribution OF the amount
assessed by the Census Board which
aforesaid amount shall constitute taxa
ole value Of said property for oil taxa.
BILE purposes. And the amount due
each city or incorporated town under
the provisions of this act, shall be paid
over, wAsn collected BY the county
treasurer. to such city Or town, and the
board Of supervisors shall transmit
copy OF said order to the city council
or Trustees Of each city Or Incorporated
town or township.
SEC. 8. All such railroad property
shall be taxable upon said assessment
It the same rates, by the same officers,
snd for the same purposes - the prop
erty Of individuals within such conn
ties, cities, towns, townships, and less
er taxing districts.
Sec. Z. All laws In force relating to
the enforcement Of the payment Of
delinquent taxes, shall be applicable
TO oil taxes levied under the provisions
Of this act, and Whenever any taxes
levied under this act shall become
delinquent, the county treasurer hav-
ing control Of such delinquent taxes,
shall proceed % collect the came IN the
same manner, and with the same right
and power - . sheriff under execution,
except that NJ pEOces shall b neces.