New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-04-06
NEW PUBLICATIONS.

a. ~ tetuess Va 'ue So -, - Y,.-,se
Rsfrouchmens OF the STATE sens'e' rro
has prepared compilation OF the CONSTITUTIONS Po
visions and statutes relating 10 me system Va a.
fIon IN this State that has value quite OeSo"S l
usefulness to the senators IN ieslsi~H'0 -
The book presents, under soua 70
msnt, statement OF all me consutu'o"a . -.
statutory provisions bearing upon the mehoas oi
ton IN this state. with digest OF the decisions '. n
courts covering the various SUBJECTS arrsneeu us"
appropriate heads. II the work mas no o'hel 80 80
Than to showto the Legislature the faulty anu
condition Of our tax laws and the necessity io' 'n
revision, and perhaps codihcaaon' upon Jusi W" ,,
sktent and impartial principles, WIZ nave O0s"
worth the labor which Mr. Davies and his co-"orAers'
Messrs. Short and Cutler have expended upon H.
Isgisiat1on upon taxation IN It's various loIbis
has been vast tn amount, while the adInoiCa'ons
upon the ccnsatunonsiity Of various tax laws ana
the scoops and effect OF others occupy larger Doiso
Of the reports than the opinions OF INC courts uPoi
almost any other branch OF the law. mo Lesis'auO
is every year passing new tax laws ana amsnu'ns
old ones But until there has been an in'ei'soh'
revision Of these statutes made by competent per
IN the light OF the decisions OF our nishee'
the methods OF collecting pubic revenues IN uls
State must continue subject to the burden Oh many
Inequalities and Instances OF unjust INSTANTANEOUS
The general stztute IS apparently broad ana COM
prehsnsve in its terms providing that all Iands ana
sll personal estate within this State whether owned
Individuals BY CORPORATIONS, Snai Dc ueoio W
taxation subject to the exemptions hereinafter spool
hed.s The term land, as here used. has been iulis
defined by tho statutes. and under the amendments OF
1881 includes the land Itself above ana ehoor "a'i'
all buildings and other articles ana STRUCTURES SUI
structures and supersretnres erected upon uhoer OF
above. or affixed to the same MAINS OF S~s
company under street are taxable as reai es'a'e 80
the foundations and superstructure OF an eieVs'0a
railway al trees growing upon land 'and mines ana
the minerals therein The term personal estate con-
strusd to include all household furniture money
goods, chattels, debts due rom solvent uoo'or',
whsthsr on account, contract noe' ooiu VI i"'
public stocks ana STOCKS ID moneyeo corp0rauoAs
together with such portion OF tho oapitsa VI mos
porased companies nsbio 10 TAXATION Oh 'ueif '~P'~
as shah nos DO invested 10 rcal estate
But It 10 chs exemptions referred 10 IN inc Ee'-
eral statute that have giVen rse 10 great part VI o
litigation. In addition to the exemptions PfO''oou
Tor BY the Federal and state anu cover
ing National and State lends' the most h1res'hs
ones are tae following: The promises used eS sem
inares OK ioarning, or TOT places vi PuOii0 ""ip'
sehoolhousos. courthouses ana ]ais poornouses ~h"
reformahorses; property OF SSea Aio aSaOieo eiersS'
30 ths extent Of $1,000; real and personal prop
ery OF pubic nossffes burial GROUNDS "no oeme'eS'
WITH certain limitations GROUNDS OF aerIcui'ufa 30
ofedssi soldiers monuments properS VI nnelnOofs Vi
vourszC ne ooparInone 10 tos eAUen' VI "'oo "neto
majority OF village voters so eicct' spinning "neeS'
weaving looms and stoves In use sewing maehihe'
she family Bible; family pictures and Schoo[books
used By IN the family; church pew; certain
enumerated articles Of hourehold furniture; a mo
chanc's sools to the value Of SIS; professional in
strumcnts, furniture and library, not exceeding In
value $3.50; and all bonds Of cities and other municipal
corporations that have not matnred Tho above state
mont b far from covering AL the details; but Is sfh-
Gent b show the wide range and tho vast amount Of
propcrty that IN the aggregate must be included with
N tne exemptions
While United States bonds and Other securities OF
chs rederal Government are axampt from taxation the
sfoox Of Eassons banks Is fully taxed the only re-
sfoon bs,pg the provisions Of the United States and
Newyorf statutes that the assessment and taxation
s.,ati mt be at esaer rate than IS made upon other
,oyed captal I'm the hands of individual citizens Of
this sats An stock corporations that derive income
ne pro6t from tbein csutsl are liable 10 taxation
an. ~ couys. IN estimating the value NJ the capital
.ns. =. sornor,tior its tndah,Afnsss ts IN h. ram
s,d.r.a
Tha .,,tor. ,,,s,r, ov.r N. DETERMINATION NJ N.
,,.c. ,her. propertv IA 10 he taxed have besn many
IN IN. case ., ,a,lros8 cornnanes Il &c essv enough
,.. az o.n.-.I al. q. toIIo,.a th, tr nrrno.ss
% 1910 r.uro,a comn.r,ns sh.n ~. oora,de-na
Sss--4~. -, . 80. .hra,,rA ,rL,.h ,h., ,.ss
= a. -. 49,. .a..,.a g, a.. I,.S,...a nano.d 80
80 - .'s -. -. 80 :,
- ..s.sto -, 80. s,on, ,,o g. 80 -.
,.na nnon which ., stards * I'm another person or
conservation which be exempt from alton. But
chs foiIov4ng eases will illustrate the diversity of the
n.st,ors that bavo artsen IN determining the proper
ri.c~ ef t.raaon n.rson,s nlace of business being
a. N.rvorE ana ma r.s,d,rr nv d,,rtnO the winter
80. ., w.. hold ,h., he was nroner,v Jared In
as.-'yn.s .,,horr, ~ r.sd.d .I,svhsre dining the
r,.,,.r rsyt a, ,Ss wear II uas rnIed IN be error
e. shs Comm,s.,on.r a, TaYcs 10 r.t,se m remit a
n.r. rs ,ndsv,du. svorn hat hs debts exceeded
an his r,on.rty within this stat. and that all his
otter property was I'm Other States but It was also
hsla tas tAis ruling could apply only 10 property that
rsas tangible and capabs of having sitns away from
shs awn., whsn personal prouertr is haId in trust
-. -. !, F -. q. =, - - -.
~ 1919 1a-.s. VI .ue s', ~ - - '.
s'. :, 49," y. 80. -. 80 A. go.
80 - - =, 80 .so 80 - -. 80.
s..s. -, 80 -. - - 81 -. - e.
a..S r r. 49, - -. 49, = C,.. -.