Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1874-06-11
Suntlt Garulina gaws.
THE TAX LAW.

THE TAX LAW.
AN ACT to reduce all acts and parts of acts pro-
viding for the assessment and taxation OF prop
erty into one act, and to amend the same.
Be it enacted by the Senate and House of
Representatives of the State Of South Carroll
ma, now met and sitting in General Assembly
and by the authority of the same:
Sec. 13. The road bed, right of way, sta
tion buildings, toll houses, structures, tools,
machinery, poles, wires, fixtures, vessels and
real estate, owned and necessarily in daily
use by any railroad, turnpike, plank road,
bridge, telegraph, canal or slack water navi-
CATION company, in the prosecution of its
business, shall, for the purposes of this act, if
the company be organized in this State, be
held to be personal property, and the presi-
dent, secretary, or principal accounting off,
Ger thereof, shall include the value thereof in
the return Of the other personal assets of such
company for taxation; which return shall be
made in the month of July, or before the
twentieth of August, annually, to the several
auditors of the counties in which such road,
canal, bridge, telegraph line, or slack water
navigation company may be situate, accord
ing to the value of such property in each, to-
gether with astatement of the amount of such
assets situate in each city, town, village or
ward in said counties, respectively; and the
value Of the movable assets Of such company
shall be appointed to each town, city, ward or
village, in proportion to the value of the road
bed, canal, slack water navigation, bridge or
telegraph line in each.
Sec. IA. The president and secretary of
every railroad company whose track or road
bed, or any part thereof, is in this State shal I,
annually between the first of July and
twentieth Of August, return to the comptrol-
ler-general, under their oaths, the total length
thereof in each county, city, town and incor-
porated village in this State, the total length
of their double track in this State, and the
length thereof in each county, town, city and
incorporated village of this State, the total
length ofall their side tracks, and the length
thereof in each city, county, town and incor'
porated village in this State; the location and
value of all their shops, depots, grounds, sta
ton houses, wood and water stations, build
ings, stationary engines, tools, implements
and fixtures in South Carolina, and all other
real estate necessary to the daily running op.
erations of the road the number and value,
each, of all their locomotive engines, passen-
ger, freight, platform, gravel, construction,
hand and other cars; the value Of their
moneys and credits; the total value Of the
entire road appurtenances and equipments,
and the total value of said road in South Car
olina, with its appurtenances and equipments.
Sec. Is. The president and secretary of
every railroad company mentioned in the
preceding section, shall also, annually, be-
tween the first of July and the twentieth of
August, return to the county auditor of each
county in South Carolina, through or into
which such road or any part thereof, may be
located, statement of the value of said road,
and the property in said county, and in each
of the towns, cities and villages Of said county,
through or into which said road, or part
thereof, is located, in the manner and form
required by thisact in the return to the comp
troller-general.
Sec. 16. In ascertaining the value of the
road and property of any railroad company,
the value of the ri ght of way, bed and track
of the whole road shall be fixed, and such
value apportioned pro rata to each mile OF
the main track; and the value of the
number of miles of main track in each town,
city and incorporated village of each county
in this State, through and into which said
road is located, shall be added the value Of
the real estate, fixtures, stationary engines,
tools, implements, machinery and other sta
tionary property provided for use in the daily
operations of the road, situate in said town,
city or village; and the total value Of the roll
ling stock, moneys and credits, shall be appor-
toned pro rata to each mile of the main track
of said road, and the amount thereof, accord
ing to the number Of miles Of main track in
each town, city and village in this State, ad'
ded to the value Of the main track in such
town, city and village, respectively; and the
aggregate value of said road and property in
this State, and in each county, city, town and
incorporated village of this State, through or
into which said road is located, shall be stated
in said return.
Sec. II. The return and oath, required by
this act of officers of railroad companies,
shall be made in such form as shall be pre-
scribed by the comptroller-general.
Sec. IS. If any railroad, its appurtenances,
equipments, etc., shall be in the hands of
receiver or other officer, such receiver or other
officer shall make the returns required by this
act.
Sec. 49,. The comptroler-general, or any
person appointed by him for that purpose,
may put any question, in writing, he may
deem proper, to any officer, agent or receiver
of any railroad company having any portion
of its track in this State; and he may sum-
mon any officer, receiver or agent of such
company to appear before him and testify,
under oath, (Which oath said comptroler.gen-
eral is authorized to administer,) touching
such railroad company's property, and the
management and disposition thereof; and he
may, by himself, or some person appointed by
him, examine the books and papers of such
com pany, in the hands of the company, or
any of its officers, agents or receivers and all
such officers agents and receivers shall an.
swer, under oath, all such questions as shall
be put to them, or either of them, by said
mptroller-general, or any person appointed
by him for that purpose, relative to the condl'
ton, amount and value of said company's
property, and the management or disposition
thereof; and if any such officer, receiver or
agent shall refuse or neglect to appear before
said comptroller-general, or the person ap-
pointed by him, or to answer any question put
to him or them, as aforesaid, or submit the
books and papers aforesaid for examination
in manner aforesaid, he shall be deemed gull
ty of misdemeanor, and, upon indictment
and conviction thereof, in the Court OF Gen
eral Sessions for any county, (Which court
shall have complete and full jurisdiction IN
all such cases), shall be fined in any sum not
exceeding five thousand dollars, and costs OF
prosecution, and confined in the Jail OF said
county until he answers all questions which
may be put to him by the comptroller-gener-