Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1878-01-26
ssTHE BONANZA COMPROMISED BILL

An amendatoy Of and supplementary can Act pro-
vid for the taxation of the proceeds of mines
Approved FEBRUARY Is, 1871.
The people Of the State Of Nerodo, represented
IN Senate altd ASseHi65y, do enact as to{Ioars:
SECTION l. Section 1 of said act is hereby
amended so as to read as follows
SEC. L. All ores, tailings, and mineral
bearing material of whatever character shall
be assessed for purposes of taxation for State
and County purposes in the following man
ner. From the gross yield, return Or value
of all ores, tailings, or mineral bearing mate
rial of whatever character, the gross yield or
value of which is twelve dollars per ton or
less, ninety five per cent shall be deducted
for the purpose of covering the cost of mining,
hosting, transporting, milling and other eX-
penses, and i've per cent shall be taxed as
provided for in this act.
From the gross yield, return or value Of all
ores tailings or mineral bearing material the
gross yield, return or value of which is over
twelve dollars, and less than thirty dollars
per ton, eighty per cent shall be deducted for
such costs as aforesaid, and twenty per cent
shall be taxed.
From all ores, tailings, or mineral bearing
material, the gross yield, return or value of
which is over thirty dollars, and less than
sixty dollars per ton, seventy per cent shall
be deducted for such costs as aforesaid, and
thirty per cent shall be taxed.
From all ores, tailings, or mineral bearing
material, the gross yield return or value of
which is more than sixty dollars, and less
than one hundred dollars per ton, sixty per
said, and forty per cent shall be taxed,
From all ores, tailings or mineral bearing
material, the gross yield, return or value of
which is one hundred dollars per ton or over,
fifty per cent shall be deducted for such costs
as aforesaid, and fifty per cent shall be taxed,
procided that all ores, tailings, or mineral
beariug material of whatever character
worked by the smelling. or by the Freiburg
process shall be assessed for the purposes of
taxation as follows:
From all ores, tailings, Or mineral bearing
material, the gross yield, return or value of
which is fifteen dollars per ton or less, nine
ty FIVE per cent shall be deducted for such
costs as aforesaid, and five per cent shall be
taxed.
From all ores, tailings or mineral bearing
Che gross yield, return or value of
which is over fifteen dollars, and under thirty
dollars per ton, eighty per cent shall be de
Quoted for such costs as aforesaid and twenty
per cent shall be taxed.
From all ores, tailm9s or mineral bearing
the gross yield. return or value Of
which is more than thirty dollars, and less |,
than seventy dollars per ton, seventy per cent |
shall be deducted for such costs as aforesaid, |
and thirty per cent shall be taxed.
From all ores, tailings or mineral bearing !
material, the gross yield, return or value of
which is more than seventy dollars and less
han one hundred dollars per ton, sixty per
cent shall be deducted for such costs as afore-
said, and forty per cent shall be taxed And
rom all ores, tailings or mineral bearing me-
erial, the gross yield, return or value of which
S one hundred dollars per ton or more, fifty
,er cent shall be deducted for such costs as
foresaid, and fifty per cent shall be taxed.
The several percentages on the different
lasses of ores, tailings or mineral bearing me-
erial provided to be taxed as herein set FORTH
hall be deemed the net proceeds of the
mines, and shall be assessed for taxation as
rovided in this act
Sec Sec 2 of saidact is hereby amended
o as to read as follows
Sec. 2. 1t shall be the duty of the several
county Assessors within this State to prepare
nd complete quarterly on or before the sec
nd Monday i'll FEBRUARY, May, August and
Iovember in each year. a tax list or assess
lent roll of the proceeds of the mines al pha-
etically arranged in a book furnished them
y the County Commissioners for that pur-
ose, in which book shall be listed or assessed
lie proceeds of all mines in their respective
ounties as provided in this act.
The form Of the assessment roll shall be .
lbstantially as follows: