The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-01-10

a, aAHApLth lVl becblOn AUS t0IS-o, u
y luires that the lists OF delinquent land
Q shall he advertised, but does not proyid
for the payment OF the cost OF advertising
! | suggest that the law be rendered NOR
2 specifc-that q fixed and uniform rate o
l charges for advertising and mode OF pay
: ment therefor be prescribed.
, INSURANCE.
Chapter 22l, section 4, OF the Acts o
1928, prohibits the officers or agents o
foreign insurance companies from making
rcriewingor negotiating, id this State, any
insurance or contract for insurance, and
from transacting, either directly or indi
rectly, any insurance business for such
J companies, without first obtainingthe Au,
ditor's certificate Of authority, as required
by law. This provision applies toall per
J sons engaged in any manner In soliciting
risks, insuring or obtaining the issue o.
policies, selling tickets OF insurance, OF
otherwise doing business OF insurance
either by direct appointment from com.
pany, or as such agent. This provision ID
not etfeCtual by reason OF the failure Of the
Legislature 10 provide penalties for It's VIC.
lation.
/ have been informed that there are per.
sons now engaged in the business Of insur.
ance in disregard Of the law. The inter.
ests OF the State, and justice to those com.
panics which have obtained certificates,
require that the law should be so amended
that Its mandate may be enforced by prop.
er penalties. concur with the Auditor
in the opinion, that the reduction OF the
tax on the premiums Of insurance compa.
mics, would increase the business Of instir.
ance to such an extent that the revenue
from.that source would be considerably
augmented, -
Many Of the Sheriffs did not receive the
property books from the Assessors prior
TO- October LIST, 1877, and consequently,
under chapter s., section IS, OF the Acts
OF 1875, the time within which they were
required to pay the revenue into the treas
Jury was extended For several months,
therefore, there was not money in the
treasury sufficient TO pay the current OK
penses OF the administration, Loans 40.
gregating $4,000 were effected from the
Wheeling banks, and notes for this sum at
six months, were executed. These notes
were promptly paid at maturity, and since
that time the receipts have been more
than sufficient to pay all appropriations.
BANK STOCKS. H p,
The State.holdsfo for the school fund bank
stock as follows, Wig:
In the Fist National Bank Of FalruOni 900 90
!" ParkersburS National Bank, -. a..,... 10000 90
q National Bank Ofwest Virginia, ut
........,...- 900 90
Chapter 1893 section, rs OF the. Acts ;of
1928, directs the Board of the school
fund to sell any Investments on account OF
the school fund, now made in other SECURE
ties, than those required in the fourth sec
ton Of the twelfth article OF the Constitu-
ton, and to invest the proceeds thereof
In the interest bearing securities OF the
United States or Of this State, or otherwise,
as provided in the Constitution.
In compliance with this law, the Board
OF the schoolfund offered these stocks for
sale, but falling to receive d sufficient Of.
fer for them, they were withdrawn from
tho market. These stocks now yield a
dividend OF ten per centum, and are con-
sidered n safe investment. IL youConcur
in this opinion, then the act requiring
them to esold, should be repealed.
REPoRrs OF THE AUDITOR ASDTRgAsURER.
I commend to your careful considera-
ton, theNery complete reports Of the Audi
tor and Treasurer, and especially the meas.
ures suggested and recommended by these
officers, and which have my approval.
| ID, ASSESSMENT OF TAKES. ..l.. .
| The assessment OF taxes Is a matter so
important TO the citizen, that the law pre-.
sCribing theTsubIects and mode OF taxa.
ton, should receive the most careful at
tention, and should be concise and so clear
that all doubts rs to its construction would
be excluded. @
The law OF Rssessment-chapter 81 Acts
OF 1875, could With advantage, be thor
oughly, revised, yet 10 II should not be
deemed advisable at this time, 10 under
take the revision Of the entire Law, there
Eare still sotGe Of its provisions which de.
mand, in justice TO all tax payers, iinme-
diate attention.
The Constitution requires that taxation
shall be equal and uniform throughout
the State, and that all property, both real
and personal, shall be taxed in proportion
to its value, to be ascertained as directed
by law, and that no one species OF property
shall be taxed higher than any other
speCies Of property Of equal value, aud
permits the Legislature to exempt from
taxation that property only which is used
for educational, Literary scientific, reIig.
ious or charitable purposes, cemeteries
and public tpropSrtyA Section s48 hof the
act to which have referred, in addition to
these classes Of pfopert has also exempt
ed from taxation agricul ttIFat productions
grown directly from the soil, and the pro-
\ ducts and increase In number ofiSliye stock
1 produced within lie State during the year
preceding the first day Of February, and
remaining unsold on that day IN the pos;
session OF the original owner or his agent
the produce during the same time q
mines, salt wells and oil wells, remaining
unsold in the hands Of the producer or biz
agent, on the first day Of February; and all
manufactured articles and products q
mechanical skill and labor produced in
the State during the same time, and re
manning unsold on the first day OF Feb
ruary, in the hands Of the producer or bis
This provision thus in violation Of the
i fundamental, law OF the State relieves from
A taxation a vast amount Of property IN the
hands, for Tie most part, OF veal thy farm,
ers, gtaziers and manu- acturers,, who are
most able to bear the burden Of taxation
and incfedse S hi, taSes On the less wealth.
and laboring classes. This act should bt
amended and made to conform TO the Con
stitution. .iIasss,tt ,sisSGpG Sz".S
:. Section IS OF the same act requires thai
all personal, properly belonging to citizeni
OF this State, whether such property BIO u
or out Of the State, shall be taxed. i
would be. more Just q. exempt from taxa
ton personal property in another State
belonging TO citizens Of this State, when !
is taxed under the laws Of the State IL
which It Is. =
AssEssitIST cp THg PROPERTY oYrnEclIEs
AfE4KE { ono RAILWAY COMPANY.
In May, 1874, the Board Of Publil
Works appointed a Board Of Commission
ers to examine, as far as practicable, a.
the taxable property Of the Chesapeake
! Ohio Railroad Company within the Coun
tias thrnnnh which TIA road rnfl and HtI