Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1883-08-03
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Considerable has already been said,
much more will be said, and volumes
might be said of the railroad tax law
passed at the last session of the legisla-
ture. Following IS the law and our
readers should peruse II, fer like Bsnquo's
ghost it will not down at the bidding but
will be subject of discussion not far in
the future:
SECTION In lieu of any and all other
taxes upon any railroads, except railroads
operated by horse power, within this ter
ritory or upon the equipment, appurte-
nances. or sppendages thereof, or upon
any other property situated in this terri
tory, belonging to the corporation owning
or operating such railroads, or upon the
capital stock or business transaction OF
such railroad company, there shall here
after be paid into the treasury Of this
territory, percentage of all the gross
earnings Of the corporation owning and
operating such railroad, arising from the
operation of such railroad as shall be sit
uated within this territory, as hereinafter
stated, that is to say: Every such rail-
road corporation or person operating q
railroad in this territory shall pay to said
treasurer each year, for the first five years
after said railroad shall be or shall have
been operated in full or in part, two per
centum of such gross earnings; and for
and IN each and every year after the ex-
plration Of the said five years three pei
centum of the said gross earnings; and
the payment of such per centum annually
as aforesaid shall be and is IN full Of all
taxation and assessments, whatever upon
the property Aforesaid. The said pay
ments shall be made, one-half, on or be,
fore the fifteenth day of February, and
one-half on or before the fifteenth day Of
Au. ust in each year, and for the pur-
pose of ascertalning the gross earnings
aforesaid, an accurate account Of such
earnings shall be kept by said company;
an abstract whereof shall be furnished by
said company to the treasurer Of this ter
rltory, on or before the first day of Feb
ruary in each year; the truth of which
abstract shall be verified by the affidavits
of the treasurer and secretary of said
company, and for the purpose of ascer-
tanning the truth of such afidavits and
the correctness of such abstracts, full
power is hereby vested in the governor
Of this territory, or any other person ap-
pointed by law, to examine under oath,
the officers and employees Of said compa-,
ny, or other persons, and If any person
so examined by the governor or other
authorized person, shall knowingly or
willfully swear falsely concerning the
matter aforesaid, every such person is
declared to have committed perjury.
And for the purpose of securing to the
territory the payment of the aforesaid per
ccntums, 1t is hereby declared that the
territory shall have a lien upon the rail
road Of said company and upon all prop
srty, estate and effects of said company
whatsoever, personal, real or mixed. And
the lien hereby secured to the territory
shall have and take procedure OF all de-
mands, DEGREES and judgments against
said company. ~ e5
Sec. @ Provides penalty for failure to
make return. f-5s -s.-
Sec. 3. Provides penalty for nom
payment of tax. .,,,
SEC 4. Provides that the territorial
treasurer shall distrain.
Sec. s. The lands of any railroad COM
pany shall become subject to taxation in
the same manner as other similar proper
ty, as soon as the same are sold, leased or
contracted to be sold or leased; and on or
before the first dav of April of each year,
each railroad company having lands
within the territory, shall return 20 the
county clerk of each county, full and
comnlete lists verified by the affidavits of