Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1890-03-28
chandise which such person is required to

, Sixteenth. The value of materials and
manufactured articles which such person is
required to list as a manufacturer.
Seventeenth. The value Of manufactur-
ers, TOOLS and implements and machinery,
including engines and boilers.
Eighteenth. The amount of moneys of
banks (other than those whose capital is
represented by shares of stOck), bankers
brokers or stock jobbers.
Nineteenth. The amount of credits of
banks (other than those whose capital is
represented by shares OF stock, bank
Frs, brokers or stock jobbers.
Twentieth. The amount of moneys
other than of banks, bankers, brokers, or
stock jobbers.
Twenty-first. The amount of credits
other thar of banks, bankers. brokers and
stock jODbers.
Twenty-second. The amount and value
of bonds and stocks, other than bank
stock.
.Twenty.third. The amount and value of
shares Of bank stock.
Twenty-fonrth. The amount and value
of shares of capital stock of companies and
associations not incorporated by the laws
Of the state.
Twenty-fieth. The value of stock and
furniture of sample rooms and eating
houses. including billiard table or other
similar tables.
Twenty-sixth. The value of all other
articles of personal property, not included
in the preceding twenty-five items.
Twenty-seven. The value of all eleva-
tors, warehouses, and grain therein, and
improvements on lands, the title of which
is vested in any railroad company.
Twenty.eighth. The value Of all i'm.
provements, except blowing, on lands held
under the law of the United States.
SEC. II. EXAMINATION UNDER OATH
BY AssEssoR-REFUsAL TIC ANSWER.
Whenever the assessor gshall be of the
opinion that the person listing property
for himself o. for another person, COM
pany or corporation, has not made a full,
fair and complete list of such property, he
may examine such person under oath in
regard to the amount of property he is re-
CURED to list; and if such person shall re-
fuse to answer under oath and a full dis
cOvery make, the assessor may list the
property of such person or his principal,
according to his best judgment and infor-
nation
SEC. 1S. CREDITS, HOW LISTED AND
Assessed Any person who is required
to list credits, either for himself or for any
other person, firm or corporation, may de-
duct from the gross amount thereof the
amount of all bona tide indebtedness of
himself or of any such person, firm or
corporations; but no acknowledgement of
indebtedness not founded on actual consid-
eidtioll W Glo lull hLlouLG VI SUCH ackuOWl-
edRement at the time when the same was
given, and no Acknowledgement made for
the purpose Of being SO deducted, shall be
considered a debt in the meaning Of this
section, and every person so claiming any
deductions shall furnish the assessor with
a list containing; lst; The amount of
all book accounts. I'd. The amount of all
notes due to him, and also a list of the
amount Of all book counts owing by
him, and of the amount of all notes owing
by him, and he shall be required to verify
the same by oath administered by the as
SCISSOR. Nothing in this section shall be so
construed as to apply to any bank, banker
or corporation exercising banking powers
or privileges; provided, however, that any
person, company or corporation in making
up the amount OF personal property requir-
ed to be listed for himself, company or cor
porations shall be allowed to deduct from
the gross amount thereof any indebtedness
of himself, company, or corporation, it the
same be owned or held within this state;
provided. further, that grain held by the
producer Of the same, actually sold or con-
tracted to be sold, but not delivered, shall
be classed as credits.
NEUTRALITY-SUSPICIOUS. OF ~DEDUCTIONs.]
No person, company or corporation shall
be entitled to any deductions on account
of any bond, note or obligation of any
kind given to any mutual insurance COM
pany, nor on account of any unpaid sub
scription to or installment payable on the
capital stock of any company, whether In
cOrpOrated or unincorporated; and in all
cases where deductions are claimed from
credits, the assessor shall require that such
deductions be verified by oath of the per-
son, officer or agent claiming the same; and
any such person, officer or agent know
ingly Or wilfully making a fraudulent
statement of such deductions claimed, so
verified by affidavit, shall be liable to a fine
of lot less than 800 nor more than $1,000
in addition to all damages sustained by the
state, county or other local corporation, to
be recovered in any proper form of action
in any court of competent jurisdiction, in
the name of the state of North Dakota.
SEC. 20. Who ARE DEEMED TO BE TER
CHANTs-PROPERTY OBSERVATION-DISCLOSURES
sToCK.] Whoever owns or has in his pos
session or subject to his control, any goods,
merchandise, grain or produce of any
kind, OF other personal property, within
this state, with authority to sell the same
which has been purchased either III or out
Of the state with a view to being sold at an
advanced price or profit, or which has been
consigned to him out of this state, for the
purpose of being sold at any place within
this state shall be held to be a merchant,
and when he IS by this act required to make
out and deliver to the assessor a statement
of his personal property, he shall state the
value of such property pertaining to his
business as a merchant.
SEC. 81. WHO ARE DFEMED TO BE MAN.
UFACTURERs-WHAT TO BE LIsTED.1
Every person who purchases, receives or
holds personal property Of any descrip-
ton, for the purpose Of adding to the value
thereof by any process of manufacturing,
refining, rectifying,. or by the combination
of different materials, with a view of MAX
ing gain or profit by so doing, shall be held
to be q manufacturer: and he shall,
when required to make and deliver to the
assessor a statement Of the amount of his
other personal property subject to taxa
ton. also include in his statement the
value of all articles purchased, received or
otherwise held for the purpose of being
used, in whole or in part, in any process or
operation of manufacturing. combining,
rectifying or refining. Every person own
ing a manufacturing establishment of any
kind, and every manufacturer shall list,
as part of his manufacturers stock, the
value of all his engines and machinery Of
every description, used or designed to be
used in any process of refining or manu-
featuring, including all tools and imple-
ments of every kind used or designed to be
used for the aforesaid purpose, except such
fixtures as have been considered as part of
any parcel Of real property.
SEC. %. PROPERTY OF COMPANIES OR
ASSOCIATIONS, HOW AND b. WHOM LIST
Ed. The president, secretary or principal
accounting officer of any company or asso-
citation, whether Incorporated or unincOr-