Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1886-09-20
AMENDMENT NUMBER ONE.

1 SECTION !. All property IN the S1ate, eXcepl
railroads, not exempt under the laws of the
| United States, shall be taxed in proportion to its
/ value, TO be ascertained as provided by law.
/ The word property. as used In TINS article and
| section, is hereby declared TO include moneys
! credits, bonds, stocks, dues, franchises and al
other matters and things, real, personal and
I mixed, capable of private ownership; ProWdedi
! that growing crops, property, used exclusively
for public schools, and s1ch 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 ard shall be
assessed aud taxed es g part of the realty; and,
prorided further. that railroads shall he taxed as
provided in Section Ten OF this Article; and,
proctdcf further, that the Legislature may pro-
vide for the ption from taxation OF ships
and vessels owned and registered or enrolled in
this state, or may tax such ships and vessels on
their cross or net earnings, IN lieu OF an ad val
orem tax. The Legislature may also provide,
except in case of credits secured by mortgage
OF trust deed. for a deduction from credits of
debts due 10 bona hde residents of this State.
Double taxation i'll any form is prohibited.
SEC. 5. The Legislature shall, by law, require
each taxpayer in his State 20 make and deliver
to the County Assessor, annually. a statement
under oath, setting forth specifically ell prop
eFty, real and personal except railroad property,
IS defined i'll Section Ten OF this article, owned
DIV such taSpayer, or in his possession or under
bis coutrol. at twelve o'clock meridian on the
first Monday in March.
SEC. 10. All property, except railroad prop
erty, as hereinafter provided, shall be assessed
in the county, city, city and county, town, town
ship, or district in which 1t is situated, in the
manner provided by law. Every corporation
and person owning or operating q railroad, or
any portion thereof, in this State, shall, on or
before the first day of July of each year, pay TO
the State Treasurer an annual tai OF two and
a half per cent upon the gross earalngs, earned
within this State, of such railroad, for the year
ending upon the thirty-frst day OF December
- r,a1aIf,,r Trhtrh faX ShG1 no in lion nf
al other State and county taxes upon the iran
ehise. business, right of way, roadway, rOaIbed,
rails, rolling stock, fences, stations and their
appuTtenances, and upon feTryboats, 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 Iobiga-
ton by which q debt is secured upon such prop
erty. AL other property belonging to such cor
p~oration or person shall be assessed and taxed
as other property is assessed and taxed. The
gross annual earnings earned during the year
ending on the thirty-first day OF December last
preceding, OF all railroads, shall be, annually,
before the first dayofMay thereafter. ascertained
and declared by the State Board of equalization,
under such rules and regulations as may be pre-
scribed by said Board; pTOrfded, however, that
| the Legislature may at any time pass laws pre-
scribing said rules and regulations. In all cases
where railroads are situated partly WITHIN TINS
| State and partly without this State. the gross al
nual earnings thereof shall De ascertalned aho
determined by taking:
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 mi;
State and partly without this state, which shall
| be ascertained By apportioning such earnings
between this State and other STATES or IerrIo
ries. in the proportion which the number O
miles of such railroad situated In this state, sna
used ia making such earnings, bears to ae
whole number OF miles thereof, Dy the use o.
which such earnings have been made. The pro.
portion OF interstate earnings thus ascertaRbeo
shall be added to the earnings mace Wn0iiy
within the State, and the total thus obtained
shall be taken and deemed to be the gross earn
ines of such railroads for all purposes of assess
ment and taxation. For every purpose OF thu
section, except for the purpose OF ascertainine
the proportion of interstate earntngst 10 be added
to the earnings made wholly within this State
all railroads operated as one system shall o.
| treated as one road. One-third OF the tax palC
by corporations or persons owning or operating
railroads under the PROVISIONS Of E Snls s os III.
State, and two thirl Is thereof snail De pau Y
the county or counties in when sara Ial,roao u
situated, in proportion to the length OF Ine TIL
road opersted in the several counties. FOR tns
PURPOSES of this section q consoi1oateoc city ane
county shall be treated as q county. ANY corpo
ration. association, partnership, person or per
sons, u%nlawiully falling ggb OF r sbe same 70 shall be
come due. or within thirty days thereafter, shai
be deemed to have waived their right TO Operate
I their railroads within this state. Inc ts1el
herein provided for, together with such penaille
as the legislature may impose Tor the non-Pay
ment thereof. shall be a lien upon tne pIoPeIt.
hereinbefore in this section designated, anuIna,
he enforced In such manner as the Leglsialu1
NAV nv law prescribe. All railroads, 60 far .
the same are situated within the boundaries 0
any common school disHiet, shall be suDlest Y
an ad yalorem tax for school purposes vosel D
the electors of the district, at a speciai efseloi
held for that purpose, the same as ONE prol
erty situated within the district, ny safng Il
this article to the contrary notWithsandin
And ali railroads, as far as they are situate
within the boundaries of any INCORPORATED cit
or town. shall be subject to en- ad ysleTem Ia
for municipal purposes the same es other prof.
erty situated therein, anything Ia AIS article {
the contrary notwithstanding.
SEC. IL. Income taxes may ee assessed az
collected from persons, corporations, joint stoe
associations or companies resident or dotr
business in this State, OF any one or more
them, in such cases and amounts n IN sue
manner as shall be prescribed by law. No Con
within this State hail have pove-. By mum
. ton or otherwise, TO interfere with, hinder
delay the collection of any tax laiS Snder Y
. form of law, except upon a showL that u
same properly has been taxed more tnan on
for the sarae purpose in the same year, andtne
onl, upQ1n payment to the Tax Collector, OIL
Court, of a sum equal to the amount OF one
p | the taxes 30 laid upon the property IL queslio