River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-04-11
Published March 4, 1878.
CHAPTER IS.

AN ACT 10 amend sections seventeen and eighteen
Of chapter one hundred and thirty of the general
laws OF 1868, enitl"i " an act TO provide Tor the
assessment Of property for taxation, and the levy
Of taxes thereon"
The people of the state of Wisconsin, represented in
senate and assembly, do enact follows:
Section 1. Section seventeen of chapter one hun
bred and thirty Of the general laws of 1868 Is hereby
amended so as 10 read "a follows: Section II. The
board Of assessors shall place upon the assessment
roll, opposite the name Of v.,h person liable to as
sessment on personal property, the aggregate valu
alton Of all personal property owned by himself or
his wife, which he has in charge possession as
lessee occupant, agent, parent, guardian executor
administrator, trustee, assignee, or receiver, which
is liable to taxation, such aggregate valuation TO be
fixed according to the best Judgment and belief Of
said board. To determine the amount Of personal
property, except moneys, notes, bonds, mortgages,
or other securities owned by any person liable to
TAXATION said board Of assessors, or any Of them,
may examine such person under oath, as to all
items Of personal prope fy, as aforesaid, owned
possessed by him or her, and the true value there
of. And should any person refuse 10 testify under
OATH before said board Of assessors or any one of
them, to the items and value of his or her prop
erty, or should the assessors, or any one Of Them
or the board Of review desire further evidence,
they may call upon other persons as witnesses, to
give evidence under oath as to the items and value
OF the personal property Of such persons In de-
termining the amount Of moneys. notes, bonds,
mortgages, or other securities ewned or held by
any person, and the amount Of Indebtedness
which any person may be entitled 10 deduct from
credits, such pc rson shall be required 10 make a
statement thereof, under oath, giving the average
amount Of such moneys, notes, bonds, mortgage p,
or other securities owned or held by him or her,
and the average amOunt Of Indebtedness which he
or she may be entitled by law to deduct from such
credits for each and every month during the year,
ending the first day Of May In which the assess
ment is m1de aud the average amount of such
moneys notes, bonds mortgages or other securities
for such year. determined az aforesaid shall be as
sessed for taxation. Any person making false
statement under oath before said assessors OF any
one Of them, or the board OF review, shall be deem
ell guilty Of perjury.
Sec ?. Section eighteen Of said chapter one hun
drcd and thirty Of the general laws OF 1868 Is amend
ed as to read as follows: Section 3. All articles
Of personal property shall, as far practicable, be
valued by the asses or upon actual view and after
arriving al the total valuation II al articles Of per-
sona property which they shall be able 10 discover
as belonging TO any person, II they have reason 90
believe that such person has other personal proper
~, consisting Of interest accrued bonds or other
securities, which are exempt by law from taxa
ton, any other thing Of value liable TO taxation
they shall add 30 such aggregate valuation Of per
sOnal property an amount which, tn their iudg.
ment, Will render such aggregate valuation just
and equitable valuation OF all the personal property
liable 10 nation belonging To such persons.
Sec. ). THIS act shall take effect ana be- In fore,
from and after ia passage and publication.
Approved March l. 1873