The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1882-09-30

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SECTION -. The property of a CON-
pany shall be assessed to the company IN
der its corporate OF firm name, and the lu-
dividual stock holders or members thereof
shall not be liable to be assessed in respect of
their individual shares or interests In such
companies.
SECTION 20. The returns hereinafter re-
CURED TO be made shall when made by a
company being a corporation be made by
the president, treasurer, secretary or
manager, or fla firm by some member
thereof.
i. SECTION q. Every agent for any per-
son who shall be temporarily or perma-
nently absent from this Kingdom, and
every trustee, treasurer, executor, admins
traitor or guardian, shall be assessed sepa-
rately 10 respect Of each property or trust
which be represents, and shall be charge
able with the tax payable in respect there
Of, in the same manner as if such proper
ty were his own, and he shall be assessed
respectively IN his name as representative
IF the property OF trust he represents,
and such assessment shall be kept separate
and apart from his individual assess
meut.
SECTION y. Every agent, trustee, treas
uFGE- executor. hltftiiti~tf sttOE ant BudIuihh
shall he answerab!e for he performance of
all such acts, matters or things as are re-
anired TO be done by virtue of this Act, In
order to the assesr rIent of the property
which he represents and paying tax there
on; and shall be nnder and subject to the
like penalty or liability for any neglect, re-
fusal or default as any other person, and Is
hereby authorized to recover from any per-
son in whose behalf he Is compelled to pay
any tax, the amount so paid by him, or to
retain out Of any money which shall come
TO him in his representative character so
much from time TO time as shall be sufficient
to pay such tax, and is hereby Unidentified
for all payments which he shall make in
furtherance of this Act.
SECTION %. The mortgagor of any
property shall in respect of such property
be liable to taxation only on the difference
between the whole value of the property
mortgaged and the amount of the money
due on the mortgage of the property.
Provided always that the mortgagOr shall
append to the statement of the property
belonging TO him and required by this Act.
a statement of the date of the mortgage
aud of the amount thereof, and the names
and addresses of the respective mortgages
SECTION "a. In respect of the amount
of the money due on such mortgage he
shall pay the tax thereon, which payment
shall be deemed to be a payment made by
mortgagor to the mortgage on account OF
interest, or of principal and interest as The
case may be, aud all money so paid by &
mortgagor shall be allow ed for in the &C
counts between the mOrtgagor and the
mortgage.
SECTION 25. The interest of every per
son in any property shall be separately
assessed (except as hereinbefore provided
In respect to shareholders In or member
of companies) and every such person shall
be liable to taxation IN respect of the value
of his interest In such property Provided
that in respect of real estate held in any
tenancy exceeding a yearly tenancy, the In
terest of the owner of such real estate shall
be estimated at a sum equal to eight years
rent received from such real estate.
SECTION %. Notwithstanding the sail
or the transfer or conveyance of any rea
estate, such property shall continue to b
liable for the payment of any tax owing il
respect thereof; so long as such tax shal
remsin unpaid.
SECTION 81. The interest of any per.
son, as tenant, lessee, or occupier of AM
real estate that is exempt from taxation
shall be assessed to such person, who shall
be liable to taxation in respect of suci
value.
SECTION %. Except as provided by Sec
ton %, the interest of any person in rea
or personal property shall be estimated a
a sum which such interest might reason
ably be expected to bring at "A sale by pub
lie auction for cash.
C-o-,1x 90 Tbo M;Sto, &c E,.o.oo
with the approval of the King, shall APP
point annually, on or before the first day
of July, an assessor for each taxation dis
trict of the Kingdom, whose duty it shall
be, under the direction of said Minister, Il
make on or before the first day of Septem,
Der, a faithful assessment of all taxes i'm,
posed by law within their respective dis.
tricts, and to furnish an accurate list of the
same according to blank forms to be furn.
ished by the said Minister, which shall ex.
hibit the names of all persons assessed
and the different items of taxation charged
against them. In case of nonresident
the list shall state their residence, if known
otherwise such residence must be described
as unknown.
SECTION 30. Each assessor, on his ap,
pointnent to office, shall take and subsrcibe
before a Police or District Justice, or other
officer authorized to administer oaths, an
oath of office, a certified copy of which shall
be Immediately forwarded by such officer
to the Minister of Finance. The oath shall
be substantially in the following form:
I, ......... having been appointed as.
SCISSOR of taxes for the district of .......
on the Island of ....-..., do s~ulemnly
swear or affirm, that / will make a fair as
sessment of taxes in said district according
to the best of my judgment and ability,
and discharge all the duties of the said
Office according to law. So help me God,
SECTION 81. No assessor shall be entitled
to receive any compensation for his services
until a certified copy of his oath as afore-
said shall be received by the Minister OF
Finance.
SECTION 80. 1t shall be the duty of the
assessor of each district to give public no