The news and herald. (Winnsboro, S.C.) 1877-1900, 1879-01-18
LAWS OF TIE STATE

AN ACT to provide for Reassess-
mont Of tho Real Estate of this
State, to fix the Standard at which
Property shall be Assessed and
to Amend the Law in Relation to
the Organization Of the State
Board of Equalization. -,..a
BE tt enacted by the Sentate and
House Of Representatives of the
State Of South Carolina, now met
and sitting in Goneaal Assembly
and by the authority of the same:
SECTION 1. That there shall be
valuation and assessment of all
lands, and tho improvements there-
on, within this State, by the proper
authorities, in the year ono thous-
and eight hundred and seventy
nine, at the same tirne that the Us
sessment of personal property is
made, and i'll tho manner and &C.
cording to the rules prescribed for
the assessment of real estate. ''',
SEC. 2. That all property shall be
valued for taxation at it's true value
in money, which in oil cases not
otherwise specially provided for by
law, shall be held to be as follows,
to wit: for personal property the
usual selling price, on the usual
terms Of similar property at admins
istrators' or executors sales Mt the
place where the return is made and
for real property, the usual selling
price, ON the terms Of similar pro-
perty at sales for partition under
the order of the Court, at the place
where the return is to- be made.
If there be no usual selling
price, then at what is honestly. be.
lievod could be obtained for the
same at fair sale under the condi-
tions before mentioned. s.
SEQ. 3.9Tho State Board Of equal
ization shall consist of one member
from each county of the State, to be
selected for the respective counties,
by the county hoard of equalization
for tho year in which the State
board convenes, and the selection
certified to the comptroller general
on or before the meeting of tho
State board.
Sec. 4. The comptroller.geno
shall submit the said certificates of =
election, and the abstracts Of real
property transmitted to him by the
county auditors to the State board
when it convenes ); and shall trans
init it's decisions to the county audi;
tors, who shall forthwith conform
their action thereto. .'a ,aar, or}
Sec. s. All acts and parts of acts
inconsistent or repugnant to this
act arc hereby repealed. :. En. agg
Approved December "a, 1878. T..
AN ACT to require the County Audi-
tors to attend at certain places }
for the assessment of Taxes. Ia,
BE 1t enacted by tho Senate and
House of Representatives. of the
State Of South Carolina, now met
and sitting in General Assembly,
and by the authority of tho same:
SECTION 1. That the county audi.
tors of each county be, and hereby
are, required, for the purpose Of
assessing taxes, to attend at a COM
venient point in each township two
or moro days, if necessary and for
the balance Of the time allowed by
law they shall be and remain at
their respective county seats. -
SEQ. 2. The said auditors, or
their assistents, shall give thirty
days public notice of tho days upon
which they will be at the places
designated in the, first soction Of
this act. ti XXI {, 5s; Ss;
SEQ. s All acts or parts Of aots
inconsistent with this act are hereT,
by repealed III.
Approved December "a, 1878.