Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1881-01-05

estate may be hereafter required by law, the gov
ernOr OF the state shall appoint three dlsinteres-
ed persons who shall prOcfed to appralSe the rOad
beds OF the several railroad companies IN this
State mot specially exempt from taxation, at ther
true value In money, as OF the frst day or April
OF the year such appraisal Is mane, as the same
is used by such company. Such appraisal shall
not include depOts and other bui dtngs, but snail
include trestlas, bridges, ana other structures
which may be necessary part OF the road bed
SEC . The State listers OF railroad property
shall complete their appraisal by the nTst day oil
May OF the year the appraisal Is made, and they
shall certify to the listers of the several towns
through which such railroads pass, the average
value per mile OF the road bed. which sum shali
be the sum at which the listers OF the veral
towns shall set each mile OF the rOad Oed IN tne
grand lists OF the towns
SEC g. The real estate OF railroad companies,
outside Of the road bed, shall be appraised by the
listers OF the several towns, ana shall be set In
the several grand lists the same as the property
| OF individuals
SEC. L. The fees of the state board OF listers,
hereby created, shall be three dollars for each
DAYS services, and Their actual expenses, to be
| audited by the auditor OF accounts, VINO is mere
| by authorized to draw his order on the stare
| treasurer for the sum or sums which he may al
low.
SEC 5. the governor shall, during the month
| of January, in the year 1881, appoint board OF
listers to appraise the road bed OF railroads, who
shall proceed is provided In this act Tor listers
when general appraisal is required Dy law:
Such appraisal shall be certified to the listers OF
| the several towns by the lrSt day OF May. A. D.,
1881, and shall constitute the basis OF taxation
until thereafter general appraisal OF real estate
is required by law.
SEC. 6. Section seventeen Of chapter eighty
three of the general statutes, act No. four OF the
laws of 1874 and act No. seventeen Of the laws OF
1876 are hereby repealed.
| SEC. Z. Nothing In this act shall be construed
to fleet the validity of taxes assessed upon rail-
road property under existing laws, and this act
shall take effect from its passage.
| Approved December "a, 1880.
No. Sl.-An Act to amend section six OF chapter
eighty-three Of the General Statutes.
1t Is hereby enacted, etc.:
| SEC. l. The exemption from taxation Of "real
and personal estate granted SeQueStered, or used
for public, plous or charitable uses" shall not be
construed as exemptlng from taxation the pro-
perty of railroad corporations.
SEC. 2. This act shall not affect the validity OF
any tax assessed upon railroad property under
| existing laws
SEC. 3 All acts and parts of acts inconsistent
with this act are hereby repealed, and this act
shall take effect from its passage.
| Approved Dec o, 1889.
No. sa.-An act to tax express and telegraph COM
| panieS
1t is hereby enacted, ETC.:
EXPRESS COMPANIES.
| SEC. 1. The secretary, treasurer, manager or
other proper officer of each express company cor
poration, and any other person or persons doing
express business in this State, SHALL within the first
ten days of July of each year make out and deliver
to the treasurer OF the State statement in writing
signed and sworn to by him or them, of the gross
|
corporation, person or persons at each Of it's his or
their Offices places Of doing business in this State
for the year preceding the first day of July of
each year and there is assessed upon each of said
| companies, corporation, person or persons, to be
paid the State treasurer by said company corpor-
ton person or persons annually, on or before the
first day of Aug ust of each of said years special
tax of two per cent of the gross amount of all the
express charges paid it, him them in this State
during the year ending the first days Of July
aforesaid, which sum shall be in lieu of all other
taxes upon the personal estate of said company
poration, person, or persons exclusively used in its
business, but when any such company, corporation,
person. persons shall fail to make any such return
on or before the time named in this section for so
doing, the said company, corporation, person or
persons shall forfeit and pay in lieu Of the tax afore
said the sum OF five thousand dollars, and the costs
of suit, to be recovered in action of debt in the
name of the State against the said express company
corporation, person. or persons, in the county court
in any county in this State.
TELEGRAPH COMPANIES.
SEC. 2. The secretary, treasurer superintendent
manager or other proper officer Of each telegraph
company doing business in this State, shall, within
the first ten days Of July, of each year, make out
and deliver to the treasurer of the Staea statement
in writing, under oath, signed by such officer, Of
the gross amount Of receipts for telegraphic mes
sages at each of its offices or places of doing bust
ness in this state and there is assessed upon each of
said companies special tax of TWO per cent. of the
gross amount OF all such receipts for telegraphic
messages paid to it during the year preceding the
first days of July OF each year to be paid annually by
said company to the state treasurer, on or before
the hrSt day OF August oil eaCn OF SAID years winch
shall be in lieu of all other taxes upon its lines
and personal estate used exclusively in telegraphic
business in this State but when any such company
shall fail make the said returns to the state treas
uret, or before the day named in this section for
so doing, the said company shall forfeit and pay 10
the State in lieu of said tax, the sum Of five thou
an action of debt in the name of the State agains
such telegraph company in the county court in any
county in this State, through which its line passes
Approved December a., 1880.
No San Act relating tn the taxation of stock
in corporations.
SEC o T. Shares Of s stock in banks steamboa
and transportation companies, trust companies
moneyed or other corporations whether named II
this section or not-eScept railro I'd corporations
shall be set in the list like other personal estate
TO the owner thereof, in the town where he re
sides, If he resides In the state, otherwise in thu
town where the corporation or company issuing
| such stock has its principal place of business.
SEC. 2. Taxes assessed on such stock OF non
residents shall be paid by the corporation or COM
| pany, and it shall hold such stock and the divi
) ldendS thereon as security for such nayment, anC
may deduct the amount from any dividends pay
able to such shareholders.
SEC. 8. The cashiers of banks organized undo
the laws of this State or OF the United states anC
the executive officers, by whatever name called
: OF steamboat and transportation companies trns
, companies, moneyed and other corporations, ex
cept railroad corporations, shall annually on
before the fifteenth day OF APRIL tn nSmit tn th
9 clerk of each town in which shareholders In an.
such corporation or company reside list OF the
names OF such shareholders, with the number 0
y shares standing in the name OF each on the frs
l day of April, and the amount paid In on eacl
share; and shall, In like manner, transmit to tn
5 CLERK Of the town where the corporation or com
pany has It's princp Il place Of business a list o
; the shares standing In the name OF persons resld
g ing out of the State.
, SEC 4. Stock hold as collateral security an,
which has been transferred upon the books OF tn
i corporation shall be returned as provided In tn
preceding section, by the clerk or secretary OF tn
s corporation to the clerks OF towns where tn
owners of the stock reside. or If they reside out
a the State, to the clerk of the town where the col
q pc! alton has its place of business.
d SEC. 5. person who does not make the re
/ turns required of him In the two preceding sec
u lions, shall be fined five thousand dollars, to b.
, recovered In an action on the case by the town u
which such return Is required to be made.
0 SEC. 6. In assessing stockholders for stock In
|, manufacturing corp Dration or company, the valu
# of its real or personal estate represented b
such stock and taxed In this state or elsewhere
e shall be deducted from the whole value OF II
IL stock, and the remaining value only shall b
taxed and in assessing for stock In all other col
poraions the value OF its real est ate taXed In thi
II State or elsewhere, shall be deducted from tn
, whole value Of its stock, and the remaining Valu
q only shall be taxed.
e Sec Z. Any corporation whose officers negleC
u or refuse to make the returns required by this &C
l, shall forfeit and pay to the town to which sue
q return should be made, the sum OF five thousan
l. dollars to be recovered by the first person SUN
for the same, in an action founded upon this sta
IL ute, In the name of and for the benefit OF TN
}, town.
IL SEC g. Sections seventeen, thirty-nine forty
five and fOrty-SX of chapter eighty-three or IN
= General Statutes number six OF the acts OF 1861
IL number twenty five OF the acts OF 1869, numbe
> frty-seven of the laws OF 1870, number eight
. the laws OF 1874 and all OF section one OF numbe
3, In the eighth line, are hereby repealed.
,, Approved Dec a. 1880.