Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1890-12-11

tESyhENEIhiL@E EWHk-t|Ns -
instructed hefeafter&to refuse to per-
nit any club, society or association
T $lse any hall, chamber, room or
apartment Of the capitol building Of
this State for talls, dances, or otner
merely social PURPOSES was passed
by avote$ of % to 10.
All theSgeheral order bills were
disposed of without discussion except-
ing the joint resolution offered by
Senator Meetze TO call d constitu-
tional convention. Senator Smythe
called for$the ayes and nays, which
resulted: eyes %, Mayo 8. The
Senators Htting against the Joint
resolution were Messrs. BUST, Dozier,
Jenkins, Moore, Sloan, r. nj. Smith,
Smythe and Verdier. So the reso-
luton was ordered to a third read
ing with a fair prospect that it will
easily secure the necessary two-thirds
vote on it's final passage.
Saturday, December 6, was a field
day in the House.
Among tho most important new
bills introduced was one by Mr..
Wilson to amend the law relating to
taxation. This is a very important
bill and looks to %insurfne a fuller
return of property for taxation. TO
this end it provides that when tax
returns are made and sworn to the
taxpayer shall hand to the County
Auditor every bond, note, due bill
Oh other evidence OF indebtedness
then held IL owned by him for entry
in a hood kept by such Auditor for
the purpose. All personal property
of this nature shall be entered and
stamped each year until they are
paid. To enforce the return of such
property tho bill provides that no
recovery a be had upon any such
instrument lin any of the Courts of
the State unless the foregoing pro-
visions have been complied with.
The bill further provides that any
person engaged in business combin-
ing different materials for use, Or
changing things into now forms for
use, shall be held to be q manufac-
turer and he is required TO give a
statement of the average value esti-
mated of all articles purchased, or
otherwise held for the purpose of
being used by him in his business at
any time during the year preceding
the LIST of January of the year in
which the return is made. He shall
also list at their full value all
machinery, tools, Implements, fix
lures, engines used or purchased for
use in his business (save such as have
been appraised for taxation as part
of the rcaltYl. together with all
manufactured articles which have
been OF hand and remain unsold for
one year or mor prior to the LIST of
January of the year in which the
return is made, also all the moneys
and credits pertaining to said bust
ness on hand: Provided, that all
materials provided for use in said
business shall be estimated as on
hand until sold or remain on hand in
a manufactured state for one year.
The bill further provides that all
shares of stockholders in q manufac-
turing company located in this State
shall be listed Mt their true value in
money, including all surplus or extra
moneys, capital and every species of
personal property owned by such
company. There shall at all times
be kept at the office of such COM
pany or association a full and correct
list of the names and residences OF
the stockholders therein and the
number of shares held by each,
which shall at all times during bust
ness hours be open to the inspection
of all State and county officers who
are authorized to list and assess the
value of such shares for taxation.
The President or Secretary of every
such company shall every year make
out and return under oath to the
County Auditor a full statement of
the names and residences of the
stockholders therein, with the num-
Der of shares held by them, and the
market value of the stock, and a
description of the real estate owned
by the company. The County Audi
tor shall deduct from the actual total
value of the shares the appraised
value Of its real estate as the same
stands assessed on the duplicates,
and the remainder of tho total value
of such shares shall be entered on q
duplicate of the county in the names
of the n thereof in amounts
proportional to the number of shares
owned by each, as returned in said
sworn statement, and be charged
with taxes at the same rate as charged
upon the value of other personal
property at the place where such
company is located. The taxes on
such shares is made q lein thereon
until paid, and in case Of non-pay-
ment tho officers of the company are
prohibited from transferring such
stock until the taxes, together with
costs and penalties, shall have been
paid on the stock so delinquent 80
long as the taxes, penalties, etc,
remain unpaid. 1t is male unlawful
for such company to pay to the
County Treasurer the taxes that may
be assessed as aforesaid in the hands
of its shareholders respectively, and
deduct the same from any dividend
that may DO due on any such shares.
The real estate of any such company
-. 1l