The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1874-05-27

words opposite the names of each Of
the persons so refusing or ueglectipg
to list or swear, or absent or sick.
Sec. 49. If any person shall fail to
list the personal property he is re.
quired by law to list in any one year,
and the same escapes Taxation for
that year, the value thereof shall be
charged against him for taxation in
any subsequent year, with fifty per
cent. penalty added thereto, and the
taxes and penalty collected as in other
cases.
Sec. so. All real and personal prop.
erty shall be valued for taxation at
it's true value in money, which, in all
cases not otherwise specially provided
for in this act, shall be held to be the
usual selling price of similar property
at the place where the return is to be
made: and if there be no usual sell.
ing price, then at what is honestly
believed could be obtained for the
same, at a fair sale, at the place afore-
said but each parcel of real property
shall be separately appraised, without
reference to the value Of any growing
crops thereon.
Sec. 81. The following articles of
personal property shall be valued for
taxation as follows, to wit: Money,
bank bills, and other bills lawfully
circulating as money, at'the par value
thereof; credits, at the amount pay
able on the face of the contract, in.
strument or account, unless the prin-
cipal be payable at future time
without interest; then, at the sum
payable, less the lawful interest
thereon, for any term Of credit not
exceeding one year; contract for the
delivery of specific articles, ut the
usual selling price Of such articles at
the time of listing; leasehold estates
held for any definite term, at the
yearly value thereof to the lessee |;
annuities, at the yearly value thereof
at the time of listing. All leasehold
estates, held on perpetual lease, or
for a term certain, renewable forever
at the option of the lessee, shall be
valued at the full price Of the land,
and continue to be taxed at such val
no to the end Of tho term. When
the foe of the soil in any tract or lot
of land Is in one person, and right to
any minerals therein of structures
therein in another, the proceeds Of
the minerals aud said structure shall
be valued and taxed as personal pro-
perty, to the owners thereof respec.
lively.
Sec. 81. Eich auditor shall, on or
before the twentieth day Of Septem-
Der, annually, make out, in tabular
form and alphabetical order, q list OF
the names of the several persons,
companies and corporations in whose
names any personal or real property
shall have been listed, giving the first
Christian name of the severals per.
sons and he shall enter separately,
in appropriate columns, opposite each
name, the aggregate value OF the
several species of property mention
ed in this act,. making separate lists
of the property listed as taxable in
incorporated villages, cities and wards
and that listed as taxable out Of cities
wards and incorporated vallages, all
of which columns shall be accurately
added up and footed; and, at the
same time, file and preserve in his
Office statements Of property listed
by pim, or received by him from
others.
Sec. SO. Each auditor shall annually,
ut the time of taking the list of per.
sonal property, also take list OF all
real property in the county subject to
taxation, which shall not have been
previously listed; and of all new
structures, of the value of one hun
dred dollars or more, not previously
listed and of all old structures OF
the value of one hundred dollars or
more, which were destroyed during
the previous year, and affix a value
thereto, with full description of the
land or lot on which the same was or
is situate, endorse his affidavit there
on that the same is correct, that the
valuations therein stated have been
made according to the rules prescri-
bed by this act, and return the same
with the names Of the owners, re-
spectively; and if the owner Of any
such now structure shall be the own
er of the land on which 1T is situate,
or of permanent leasehold estate
therein, the county auditor shall add
to. or deduct from, the value OF the
land or least, at the case may be, as
the same may stand on the duplicate,
the value of such structure 80 return.
ed: Provided: That the auditor shall
not deduct any greater amount tor
the destruction of any structure than
was previously charged for the same
on tho duplicate.
Sec, 54. It shall be the duty of
each auditor to state, in the column
of remarks, opposite each taxpayers
name, in the return made by him, any
amount which he believes ought to
be added to the valuation Of the pro-
perty listed by each taxpayer, his
agent or other person, Of which
written notice shall be given by the
auditor to such person at least fifteen
days before the meeting of the board
It shall also ha his