Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1881-03-25

The following property is exempt from tax
alton:
I. Real and personal estate owned by the state
or the United States.
?. Real and personal estate granted, sequester-
ed or used for public, pous or charitable uses;
lands leased by towns for educational purposes,
and lands owned or leased by colleges, academies
or other public schools, or leased for the support
Of the gospel. (But private buildings on such
land are not exempt; neither are town poor farms
nor does this provision exempt from taxation real
estate owned by railroad corporatlonsl See laws
Q. Bnildlnes erected by the trustees OF a normal
school, or by their agent, and occupied as board
ing house for pupils In the school, so long as such
buildings are devoted to the exclusive interest OF
1. Any building, or building aud real estate at
iached, owned by post Of the Grand Army Of the
Republic and used for the post only.
.. Lands used for cemetery purposes and the
structures thereon, trust funds and other property
belonging to OF held by cemetery associations ana
the lots OF the proprletors thereof.
MANUFACTURING ESTABLISHMENTS, MINES AND
QUARB1Es.
c. Manufacturing establishments and the ma
chnery and capital used for operating them, also
the machinery put into unOccupied buildings and
amount OF capital invested is more than 81 OOO
exempt from taxation for n period Of i've years
and they may be exempted FOR further period OF
i've years II the town In which the manufacturing
establishment Is situated so votes.
T. Q1arries ana mines opened since November
~, lssOi have the same exemption. See laws OF
1880, Act No l25.
STOCKS AND BONDS.
OF these the following are exempt from taxation
In this state:
8. United States bonds and other securities
which are specially exempt from taxation by the
laws Of the United States.
o. stock In the railroad corporations OF this
state.
10. Stock in corporations situated out Of the
state when such stock Is taxed to the corporation
In the state where IL is situated
nRpoatrs ~ "a vtNos uANks
II. Deposits in a saving bank, savings institution
or trust company are exempt from taxation to the
depOsitOrs when such savings bank, savings insti-
half OF one per cent on Its deposits, required by
Act No. OF the laws OF 1878.
OTHER PERSONAL PROPERTY.
H. Personal estate owned by inhabitants OF this
state which is situated ana taxed In another state
Is exempt also,
10. Household furniture to the value OF $500.
IA. Wearing apparel.
IS. Private and professional libraries.
lG. Mechanics tools.
II. Farmers tools, including carts, wagons and
other vehicles mot exceeding 800 In value for any
one vehicle) necessary TO carry ON the farm.
is. Provisions necessary for the consumptiOn OF
the family of person for one year
10, sheep, cattle, horses and swine that have
not been wlntered one winter. construed by the
legislature to mean such animals as were not In
existence at the beginning OF the preceding win
teri
20. Hay and produce enough to winter out the
stock.
u. For each person, whether farmer or not, one
wagon, one sleigh and harness for using the same
provided that the value Of such wagon or sleigh
| does not exceed $780,