Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1886-10-05
AMENDMENT NUMBER oSE.

SECTION /. All property in the State, except
railroads. not exempt under the laws of the
United States, shall be taxed in proportion to its
value, TO be aseertsined as provided by law.
The word property. as used in this article and
section, is hereby declared TO include moneys,
credits, bonds, stocks. dues, franchises and all
other matters and things, real, personal and
mixed, capable OF private oWnership; pTOrded,
that growing crops, property used exclusively
for public schools, and such as may belong TO
the United States, this State, or any county or
municipal corporation within this State, shall
be exempt from taxation. Growing vines and
fruit trees shall be deemed to be and shall be
assessed and taxed as a part OF the realty; and,
prO,ids! JaTtaeT, that railroads shall be taxed as
provided i'll Section fen OF this article; and,
prouided GsTtseT, shat the Legislature may pro-
vide for the exemption from taxation of ships
and vessels owned and registered or enrolled in
this State, or may tax such ships and vessels on
their gross or net earnings, II lieu of an ad val
orem tax. The Legislature may also provide,
except in case OF credits secured by mortgage
or trust deed, for a deduction from credits OF
debts due TO bona tide residents Of this State.
Double taxation in any form is prohibited.
SEC. s. b Legislature shall, by law, require
each taxpayer IN this State to make and deliver
to the County Assessor, annually, q statement
under oath, setting forth specifically all prop
erty, real and personal, except railroad property,
as defined in Section Ten of this article, owned
py such taxpayer, or in his possession or under
his control, at twelve O'Clock meridian on the
first Monday in March.
SEC. 10. All property, except railroad prop
erty, as hereinafter provided, shall De assessed
ship, or district in which it is situated, in the
manner provided by law. Every corporation
and person owning or operating a railroad, or
eny portion thereof, in this State, shall, on or
before the first day of July of each year, pay to
the State Treasurer an annual tax OF two and
a half per cent upon the gross earnings, earned
within this State, of such railroad, Tor the year
- - t,,,ar tho fhirtx.frGf dow nf nnnnmhRr
next preceding, which tax shall be in lieu OF
all other State and county taxes upon the fran
chise, business, right of way, roadway, roadbed,
rails, rolling stock, fences, stations and their
appurtenances, and upon ferryboats, when OPP
Grated as a part of such railroad, and upon the
shares of the capital stock, and upon the mort
cages, deeds of trust. contracts or other obliga-
ton by which a debt is secured upon such prop
erty. All other property belonging to such cor
poration or person shall be assessed and taxed
as other property is assessed and taxed. The
ending on the thirty-first day of December last
preceding, of all railroads, shall be, annually,
before the first day of May thereafter, ascertained
and declared by the State Board of Equalization,
under such rules and regulations as may be pre-
scribed by said Board; provided. however, that
the Legislature may at any time pass g. " pre-
scribing said rules and regulations In all cases
where railroads are situated partly within this
State and partly without this state. the gross an
nual earnings thereof hall be ascertained and
determined by taking;
First The gross earnings which, during the
year last preceding, have been earned wholly
within this State.
Seeond-The gross earnings which, during the
same year. have been earned partly within this
State and partly without this state, which shall
be ascertained by apportioning such earnings
between this State and other States or Terrific
Iies, in the, proportion when the number o.
r,;Iac nj ct,oh rai road aifu1fqd IN this Stale and
used in making such earnings, bears to he
whole number of miles thereof, by the use o.
which such earnings have been made. The pro.
portion of interstate earnings thus asceFsa1ned
shall be added to the earnings made wholly
within the State, and the total thus obtained
shall be taken and deemed to be the gross earn
ings of such railroads for all purposes OF assess
ment and taxation. For every purpose OF tnl'
section, except for the purpose of aseertainine
the proportion of interstate earnings 70 De audeo
to the earnings made wholly within this state
all railroads operated as ono system shall be
treated as one road. One-third OF the tax paid
by corporations or persons. owning or operating
railroads under the provisions OF this sector
shall become part OF the General fpno OF I'M
/ State, and two thir Is thereof shall be paid Y
| the county or counties in which said Ialiroao Il
situated, in proportion to the length OF the rail-
road operated in the several counties. FOR tn'
| PURPOSES Of this section a consolidated city ant
comfy snail be treated rs 8 county. Any corpo
ration, association, partnership, person or per
sons, ralawfully falling or refusing to pay IN
tax herein provided, when the same shail oe
come due. or within thirty days thereafter, shai
be deemed to have waived their right 70 operat
the;7 railroads within this State. The taxa
heeein provided for. together with such penaltze
as the Legislature may impose for the non-Eay
rsent thereof. shall be q lien upon the proEert
! hareinbefore In this section designated, aDdlna
I be enforced in such manner as the LegHlatul
may by law prescribe. All railroads, SO. far 9
the same are situated within the boundaries
any common school district, shall be subject
an ad ~yalorepn tax for school purposes voted b
the electors OF the district, at a SPECIAL electio
held for that purpose, the same as other pro,
erty situated within the district, anything
this article to the contrary ncswiths.andin
And al railroads, as far as they are situate
within the boundaries of any Incorporated CT
or town. shall be subject TO an ad valorem ia
for municipal purposes the same as other pro
city situated therein, anything IL this article
the contrary Notwithstanding.
SEC. II. Income axes may be assessed al
collected from persons, corporations, joint sto'
associations or companies, resident or dol
business in this State, or any one or more
them, In such cases and amount snd in SUI
: manner as shall be prescribed BIZ law No COZ
within this State shall have powe-. by inJun
ton or otherwise, to interfere vnhl nibaei