The weekly clarion., 1880-03-24
TAXATION OF RAILROADS.

SEC. 128. Each railroad company owning
and operating railroad in this state; shall, on
or before the third Monday in August in each
year, tile with the auditor Of public accounts
complete schedule Of all its property, real
or personal, setting forth therein the length in
miles or fractions thereof of its entire road
bed, switches and side-tracks. and showing
how many miles or fractions thereof lie in this
state, and in each county of the state and in
each incorporated town, and the value of the
whole and each part thereof, as subdivided
herein; the total amount of capital stock and
bonded Indebtedness, the number of engines
and their respective values, the gross amount
of receipts in the year preceding, the number
of cars Of all kinds, their classes and value;
the number Of depot buildings and ware
houses, and other buildings; in what county
and incorporated town located and the value
of each, including the lands and lots upon
which the same are built; the value of all
machine and car shops, and stationary ma
chinery and tools therein, and in what county
and Incorporated town located, including the
land upon which the same are built; all real,
personal or mixed property belonging to the
company within the state, not enumerated
above, with its value.
SEC. 129. The Mobile and Ohio railroad com
pany shall, or before the first day of August,
one thousand eight hundred and eighty, make
out and file[with the auditor of pnblic accounts
lin addition to what's required in the foregO-
ing section) sworn statement of the capital
in the construction of its road.
Sec. 130. When any company has filed the said
schedule or neglected and refused so TO do, the
auditor of public accounts shall notify the GOV.
ernor of the fact; thereupon the governor shall
convene the auditor Of public accounts, treas
urer and secretary of state, who shall be sworn
thereto, and shall honestly, faithfully and
without fear, favor or partiality, assess the
value of each railroad for purposes of taxation,
and shall certify the same to the auditor Of
public accounts.
SEC 131. The said officers shall. upon
the call OF the governor meet in the capitol
and the auditor of public accounts shall fur
nlsh the schedule and statement fled in his
office, and certify what railroads, if any, have
failed or refused to file the same and said
shall proceed at Qnoe 10 ascertain
the value Of the preperty belonging to said
railroad companies and assess the same, and
in the discharge of their duty they shall have
the power to summon before them any peYson
and if necessary, to call for the books of any
railroad company, and administer oaths, and
examine any person SO summoned touching
any matter necessary to enable them to arrive
at a correct and just conclusion and NAV
direct their writ of summons to any sheriff in
the state, to be executed In his county: and
any person go called on to testify shall be
guilty. 0f perjury II be shall testify falsely
Having ascertalned, in the manner indicated
herein, the character and total value of the
railroad and property, wherever situated. of
any railroad company, they shall divide the
same by theenumher u miles in the entire
length Qf the road, and the result shall be The
value per mile Of the property an] railroad of
such company for the bn--,ose of taxation
and Iee Va,ae per '4le of any such railroad. as
eees t'''ii' above, shall be multiplied by the
number of miles in the state, and the product
thereof shall be the sum to be taxed to such
railroad company for state purposes; and the
value per mile, as ascertained shall be multi
piled by the number of miles or fractions
thereof lying and being in any county, and
the product shall be the sum to be taxed for
county purposes; and having ascertained the
said several sums to be taxed. they shall GER
tify the same to the anditor of public accounts,
together with the facts.
SEC. 132. Ii any railroad company shall fail
or refuse TO file the schedule and statement
herein required, or having filed the same, the
said assessors regard the same as not fair and
just, said assessors are hereby empowered and
authorized to ascertain the items and value of
any property railroad, in such manner as
they may deem best, and shall add ten per
cent to the taxes of said company so failing
to file any schedule or statement or fling one
not fair and just.
SEC. 133 Any two of said officers shall be
form all the duties enioined upon them under
anime the propef.y and railroad Of any rail-
aetAal expenses and per diem pf four dollarHs