The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1884-12-10

upon such earnings shall be rated according
to the earnings per mile of road in this State
and is hereby assessed at the rate of two per
cent upon the first two thousand dollars a
mile of total earnings, if less than that sum
at the rate of three per cent on the first thous-
and or part thereof above two thousand q
mile at the rate of four per cent on the first
thousand or part. thereof above three thous-
and dollars a mile; and when the earnings
exceed four thousand dollars u mile, at the
rate OF five per cent on all earnings above that
sum. If more than one road is operated by
any corporation, company, person or persons,
the returns required to be made by section
five of this act shall be made for each and
every of such roads separately, and the tax
assessed by this section shall be rated accord
ing to. the earnings per mile of each of said
roads in this State.
. SEC. 4. Section seventeen of this act is
hereby amended so as to read as follows ::
In determining the amount of tax to be
assessed under the provisions of section fif-
teen, there shall be deducted from the full
amount of premiums and assessments, divi-
bends to policy holders, sums actually paid to
other insurance companies, Incorporated un-
der the laws of this State, or to the agents
within the State of foreign companies for
reinsurance on risks, for which a tax on the
premium would be due had no reinsurance
been effected and in addition to the above
there shall be deducted from the full amount
of premiums and assessments of fire insur-
ance companies, annual balances on notes
taken for premiums on open policies and all
sums PAID Tor return premiums on cancelled
policies.
Approved Nov 25, 1884.
No 6.-An act in amendment of chapter
twenty-five of Revised Laws relating to
taxation.
1t is hereby enacted, ETC.:
SEC /. Section 273 of the Revised Laws is
hereby amended so as to read as follows:
Such manufacturing establishments hereafter
erected, Except establishments for the manu-
E.. -. IN
such quarries and mines hereafter opened by
any individual, company or corporation, and
such of the machinery including tramways
and other appliances and buildings for cover
ing said machinery necessary for the prosecu-
ton of the business, together with all such
machinery, hereafter put into buildings
already erected, but not now occupied, when
the amount invested actually exceeds one
thousand dollars, shall be exempt from taxa
ton for such term. not exceeding five years
from the time when such establishment,
quarry or mine may be put into operation,
as majority of the legal voters in any town
or city, where such establishment, quarry or
mine is, may elect, at any meeting legally
warned; but all property so exempted shall
be appraised by the listers each year, and its
valuation shall be stated upon the grand list
and the exemption from taxation, and the
time when such exemption terminates shall
be noted against it. But all capital and per-
sonal property invested and used in operating
such establishments, shall be appraised and
purpose of taxation, unless such capital and
personal property shall also be exempted as
hereinbefore provided in this act.
SEC. 2. All acts and parts of acts inconsis-
tant with this are hereby repealed.
Approved Nov. %, 1884.
No IAN act in amendment of section two
hundred seventy-siX of the Revised Laws
relating to grand lists on real estate.
1t is hereby enacted, etc.
SECTION /. Section PIG of the revised laws
is hereby amended so as to read as follows:
Taxable real estate shall be set in the lists
to the last owner or possessor the first day of
April in each year in the town, village, school
and fire district where it is situated
SEC. 2. This act shall take effect from its
passage.
Approved Nov. 10, 1884.
No. SAN act in relation to monies paid for
taxes under protest.
1t is hereby enacted, etc.
SEC. /. Actions to recover back money
paid under protest for taxes, shall be com.
menced within one year after the cause of
action occurs and not after
Approved Nov. "A, 1884.
No. 10.-An act in addition to chapter 100 of
the Revised Laws.
1t is hereby enacted etc.:
SEC. 1. Towns in town meetings, in the
warnings flor which an article for that pur-
pose is contained, may vote such sums of
money as they may deem necessary for the
expenses OF aproper observance OF Decoration
or Memorial Day.
Approved Oct. 81, 1884.
No. 11.-An act relating to Highways and
Bridges
1t is hereby enacted, etc:
SEC. /. Whenever any town in this state
deems itself excessively burdened by being
required to build and maintain any highway
or bridge being wholly in such town, (on) when
such town is under the necessity of rebuilding
any bridge or highway in such town, or when
any town is obliged to lay out money in the re
pair of roads already established and laid out
in such town, which bridge or highway such
town is bound to build, maintain, and keep
in repair, and when any other town or towns
in the vicinity, are deemed to be benefited
and accommodated by the use and travel by
it's inhabitants over such highway or bridge,
such town so burdened may by its selectmen,
petition the county court of the same county
in which such highway or bridge is to be
made, repaired or rebuilt, for the appointment
of commissioners to act in the premises.
Sec. g. The county court may, in its dis
cretion, appoint three disinterested freeholders
commissioners, who shall, upon reasonable
notice to. one of the selectmen of every town
interested and to the states attorney of said
county examine and report to said court, stat
ing in their report the required expense, and
the time necessary to complete the work, and
the court should render judgment as provided
in other highway cases.
Sec, 3. Service of the petition shall be
made on the states attorney writs of sum
mons are required to be served. And the
states attorney shall appear and represent the
interest of the state whenever necessary.
| SEC. 4. When it has been adjudged, in &C
cordance with the provisions of thu
preceding section, that a highway, o.
| bridge is required to be built rebuilt or re
paired, the court shall appoint aicommissione
for such time as is necessary, not exceeding
five years, who shall have charge of the work
and by whose direction the money shall be ex
pended.
SEC. 8. Such commissioner shall, as h
needs, make requisition upon the''state auditor
who shall thereupon draw an order upon tn
state treasurer for the amount required.
SEC. g. Such commissioner shall render t
the State Auditor an account each year o
his doings and expenditures in the matter
which account shall, at the expiration of hi
commission, be finally audited and adjusted b
the State Auditor: and the commissioner shal
pay into the State treasury any unexpende
balance.
Approved Nov 20, 1884.
No. 12.-An act relating to the repairing G
highways and bridges.