The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-01-25
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A BILL.

BILL
: by MIR. Chenoweth, To be Ent'tieo u" nv
e "to Create u Board for the Assessihe'
a md EQUALIZATION of Railroau iSohi'
stuck and other Movable Property
Railroad Companies. in this State.'-K'
ported Unfavorabiy
a Be It Enacted by the Legislature OF Inc sH'er
Texas. ,.tard ofllca
? SECTION 1. That the COVE . d IAN" O'''oo
-1Strd for the assess
anu ''s ,,ss.astion of the rolling stock
!, arc . lSic movable property Of railroad
companies in this state.
Sec. .. For the purpose oil assessing, adj
justing and equalizing tue valuation OF Tue
rolling stock and other movable property
of the various railroads in this state the
board OF assessment and equalization pro-
yided for in this act shall meet annually mt
the capital, in the city OF Austin, ON The sd
Monday in April of each year.
Sec, g. That on or before the FIRST day OF
April in each year. the president or other
chief executive officer OF every railroad
company whose road is now, or which shall
hereafter become 50 far complete aud IN OPP
Grafton as 10 run locomotive engines. wita
llei6 ht on passenger cars thereon, shell lur-
nish TO the state comptroller statement
duly subscribed and sworn to by sad pFesl-
dent or other chief executive officer, before
some officer authorized to administer oaths,
setting ont in detail The total length OF their
roads so far as completed, including branch
or leased roads, the entire length IN this
state, and the longth OF double or SIDE
tracks and the length of such road,
double or side-track, in each county,
municipal township, Incorporated CITY,
Town, or village through or i'll winch II IS
coated IN this state; tue total number oi
engines and cars OF every Kind ana
description, including all palace or s'eep,
ing cars, passenger ana lre'a NJ
cars, and other movable property
owned, used or leased by them on
the first day oil January in each year, aud
the actual cash value thereof
Sec, A. That on the third Monday OF
April Of each year the state comptroller
shall lay before The board OF assessment
and cqIaligauon all returns made to him
by every railroad company.
SEQ. D That the said board at their ah-
nual meeting shall proceed to assess, adjust,
aud euualize the aggregate valuation oil the
rolling stock and other movable property
OF each one # the railroad companies IN
this state. The board shall have power To
summon witnesses by process issued to any
officer authorized 10 serve subpnnas, ana
shall have the power OF district court to
compel the attendance OF such witnesses,
and compel them to testify they snail nave
power, upon their knowledge, Or such in-
formation as they can obtain, TO increase
or reduce the aggregate valuation OF the
rolling stock and other movable property
OF any railroad company in the state in
Cuded In the statements and returns made
by railroad companies 10 the comptroller
OF the state; and shall assess adjust and
equali2e any other rolling stock and nova
BILE property belonging to said railroad
companies, or property belonging to any
railroad COMPARES IN this state OF the kind
specified in section 3 of this article upon
which no returns have been mnde, which
may be otherwise known to them, as they
may deem Just and right. In assessing,
adjusting and equalizing any railroad roll
ing stock and other movable property Tor
any year or years the board OF assessment
and equalization may arrive at its linding,
conclusions and Judgment upon Its knowl-
edge or such information as may DO before
il, and shall not DO governed in Its
findings, conclusions and Judgment
by tho testimony which may be ad-
duced, further than 10 give TO II
such weight as the board may think it is
entitled TO provided, that when any rail-
roal shall extend beyond the limits Of this
state and into another state in which tax
| is levied and paid on the rolling stock OF
such road, then the snid board shall assess,
equalige and adjust only such proper
ton otthe total value Of the rolling stock oi
such railroad company as the numbe" OF
miles of such road in this state bears 10 the
total length OF the road as owned Or con-
trollod by such company,
/ fnha hoard nf aQgagsmnnt md
equalization shall apportion the aggregate
value of all property, herenbelore speci.
fled, belonging to or under the control OF
each railroad company, to each county
municipal township. city or Incorporated
town, in which such road is located, accord
ing to the.ratio, (which the number OF miles
of such road completed IN such county,
municipal township, city or Incorporated
town, shall bearto the whole length oil such
road In the state.
Sec. I. The board of assessment and
equalization shall cause 10 be kept faii
and full record of all its proceedings and do
clsons, and shall cause the same TO be
signed officially by the president and secre
tary, and file said record IN the office oil tn,
stale comptroller on its adjournment arc
the said comptroller shall include copy o
said record oil proceedings in his annual 70
port to the legislature.
Sec. s. On the receipt of the proceedings
Of the board of assessment and equalization
the state comptroller shall certify to Tho
secretaries of the respective railroad compa
MES, and to the assessors OF the proper conn
ties, the action of said board, which certih
cate shall also set forth the total value
Of the rolling stock aud other movable prop
erty of said railroad tho total length oitht
road bed, including side tracks, in each
county, city. town village aud municipal
township.
Sec. 0. The assessors of the proper
counties, upon the receipt of tho report OF
the board provided for In section s OF this
act containing the apportionment due Their
Respective counties, shall list and enter the
same upon the rolls for taxation, as other
personal property situated in theirrespoct'
i've counties.
SEQ. 10. Tha', whereas, there is no law
/ In this state for the proper
assessment aud equalization oil
railroad rolling stock and other movable
property, thereby ontailng great loss to the
revenue OF tho state, q public aud impera
tive necessity exists that this bill take eilecl
from aud after Its passage.
Sec. II. All laws and parts oil laws II
conflict with any OF the provisions OF this ac
be and the same are hereby repealed.
General 0rrin l.. Mann, sheriff, Chicago
| M pives this ma his experiment With ST.