The state chronicle. [volume] (Raleigh, N.C.) 1883-1893, 1891-01-14
run ret AIixsrIos or rsNA-
HON.

l~soeAAl r'4f SvArs CvanS3esKl
CV~csan. = {. IA :. 1921 Year
eiltef a - .Asi Saturday IA rc.A-,i to
tbc s4e. sAssea % t>sAssaa - vcsr
sasae'y. As ,oa sy. tho iueqaAl,iy q
the leeysas al oo,lre, .aa az take. "a
matter Il cssuPlAiat ia all O. tho states
We have seea iho tsAioaea, IN = Nos
l0FA I'>p0r ttAi tbe personal property
escaping TAXATION raas up into tho
tgadfvd - failAona 80 do,.Ars.
GOV Beaver, ot rcnusyisauta. In his
Tlaessssse la -, sA'd As TO hss s,Ass We
I are allowing under oar prsseea, AVS tho
! taxation 81 thase least abir +, bcar sueA
I havden at tbv reio ot from sll la
I thirty uatiis upon every dollars worth ~
F value. shiist se aro allosius millions
I ~ corporate property 80 vscApc taxation
Z altogether. aul lmt4slnE ui-5a personal
/ property. Nhtch y4rl3s greater returns
thau - estate. oaly ouo-haf 10 one.
| touth ot ihc baricn 81 taxation barnu
! bs the latter L. IL not. tAcreiarr, true
ttat our farming population aud tho
oN .4~rs 81 mp4oNt hotsa, steals haNo a
rghg 10 complain ?"
A, real estate cannot ~ coucnaissi.
l~iEg always ia stghi, tho burdcu ot tho
support of thv government falls mainly
upon This form of property. while I,cr-
soma property. IA grca, measure. oa
cap.~
We heard recently OF "a caro-. To sup
PIGMENT your illustration. Ia . town moi
= thousand mills, from here. of a p~uilo<
man s,audIok mgh III the community
both as "a Christian anl CITIZEN ilc dlcI
lcaN .ug an cetste. supposed. from bis
tax rcturns aud what was in sight. to
be worth iitGy or s!Ats ;hou aud doliats
and yet when the estate was scttlrsi 1t
proved - hc worth Que hunjtea aud
nny thousand The excess sAa "a
stocks. bonds. mortgage. A. which
had escaped taxation. Hos
Auother Instance happened in oue
~ TIE eastern couutics. A gentleman
died leaving an estate c-iimatrd to bo
worth some twelve or nttceu ihouaaui
dollars, bat MAS touui - ho worth atty
thousand. Ia" excess consisting of r,..A-
tered mortgages that h.i never bc,n re-
turned Tor taxation.
~ you say, thI' question ot the equal
izat.ou ot taxation i> one Of suptcnu lm
por,ance, and wc have the following to
offer the legislature aud especially the
Joint committeo II tiHauue, - b. adopted
u. "A section ot tho sct - PROV tdo fur tho
assessment OF property and the collection
! Of taxes, with the bsi5si that u " IL rem
edy. Ia great measure. this inequality
| by making It very unsafe FOR tho owners
| Of bonds. stocks, uotea aud mortgages to
| evadc the law.
SIC Before any process, summons
| or writ shall bc issued by any Officer. or
| hy any Justice of the Peace authorized
| by Law To Il ue the same, fer the coll"o
ton of aty soivon' credit. or evidence of
debt, tho owner. agent or rgstco pf such
solvent credits or evidences ~ debt shall
make oath or Affirmation before any Of
sad officers. or Justice of the Peace.
that SAID solvent credits or evidences of
debt have been duly listed for taxation
a. herein provided and any II sad OH
GERS or justices Of tho Peace Who all
Issue Any process sum nous. or writ for
the collection OF nuy solvent credit or
evidence of debt not listed for taxation
shall be guilty OF IA misletneanor and.
upon conviction, shall bc finod not or-
cecdiug i've hundred dollars. aud inn
prlsopcd DOT exceeding twelve months,
aud shall be- disqualified from holding
said Office ot from acting as "a Justice II
the Peace. II shall bo the duty ot tho
Sheriff Of the county Ia shtcn enlisted
solvent credits or evidences uf iobt
should have heeu listed for TAXATION ma
herein provided, t. collect from tho
on ncr. agent or trustee of all unliAtoi
solsent c. edits or cYidencrs Of debt t.o
por ceutum per month. IN lou
II all tsNGs, upon the face
vaiuo % said solvent credits or
evidences OF debt from The time said sol
vent credits or evidences of dcbt should
have been listed until the next succeed.
lng day authorized by law for returning
or !lstinR the same. aud the sad two per
cent shall bs collected ia the manner pre-
sctlbcd by law for the collection Of de-
lnqueut taxes. All public sales, or
forecIosurcs # any Solvent credits or
evidences II deb; not listed for taxation
as herein provided. Ahall b; void and u
no effect. aud shall convey no title To
the same. nor 70 the real estate or p0r-
sonal property repEeseuted by the same.
&. MCDoSALp.