Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1891-03-20
AMENDING THE REVENUE LAW.
III. B. No. 225.1

AMENDING THE REVENUE LAW.
III. B. No. 225.l
An Act to Amend Chapter 1872 of the Laws of 1890,
Being an Act Entitled can Act Prescribing the
Mode of Making Assessments and the Levy and
Collection of Taxes, and [for] Other Purposes
Relative Thereto
Be it Enacted by tie Legislature ASSEMBLY Of the
State Of North Dakota:
/. That Section 5 of said chapter be
amendeu to read as follows:
Sec. S. All property described in this
section to the extent herein limited shall
be exempt from taxation, that is to say:
First. All public school houses, acad-
emies, colleges, institutions and semina-
ries of learning, with the books and fur
niture therein and the grounds attached
to such buildings necessary to their
proper occupancy, use and enjoyment,
and not leased or otherwise used with a
view to profit; houses used exclusively
for public worship, and the lots or
parts Of lots upon which such houses are
erected.
Second. All lands used exclusively
for burying grounds or cemeteries.
Third. ALI property, whether real or
personal, belonging exclusively to the
State or to the United States.
Fourth. All buildings belonging to
the counties used for holding courts, for
jails, for county offices, with the ground,
not exceeding in any county ten acres, on
which buildings are erected.
Fifth. All lands, houses and other
buildings belonging to any county, town
ship or town used exclusively for the ac-
commodation or support of the poor.
Sixth. All buildings belonging to in
situations of purely public charity, in
Guiding public hospitals, Young Mems
Christian Association buildings, Grand
Army halls owned by a Grand Army
post, together with the land actually &C.
cupied by such institutions, not leased
or otherwise used with a view to profit;
and all moneys and credits appropriated
solely to sustaining, and belonging eX-
clusively to such institutions, and all
land owned and occupied by agricultural
societies, not leased or used with a view
to profit, not exceeding eighty acres.
Seventh. The shares of stock in all
building associations organized under
the laws of this State where the loans of
such association are, by the bylaws
thereof, confined strictly to members of
the county in which such association is
located.
Eighth. All fire engines and other
implements used for the extlnguishment
of fires, with the buildings used exclu-
sively for the safe keeping thereof, and
for the meeting of fire companies,
whether belonging to any town or fire
company organized therein.
Ninth. All public market houses,
public squares or other public grounds,
town or township houses, or halls used
exclusively for public purposes; and all
works, machinery or fixtures belonging
to any town and used exclusively for
conveying water to such town.
Tenth. All public libraries and real
and personal property belonging to or
connected with the m
Eleventh. The personal property of
each individual liable to assessment and
taxation under the provisions of this act,
of which such individual is the actual
exceeding two hundred (20O) dollars in
list all of his personal property for taxa
the amount of the exemptions author
lied by this section from the total
amount of his assessment, and levy taxes
upon the remainder.
II. That Section Is of said chapter
be amended to read as follows:
Sec. l8. DEDUCTIONS FROM CREDITS,
HOW MADE. In making up the amounts
of credits which any person is required
to list for himself or other person, COM
pany or corporation, he shall be entitled
to deduct from the gross amount thereof
the amount of all bona ide in
debtedness of himself or of any
such person, company or corporation;
but no acknowledgment of Indebtedness,
nd founded on actual consideration, be-
li9ed when received to have been ade-
qrAte, and no such acknowledgment
m;de for the purpose of being SO de-
dDted, shall be considered a debt in the
manning of this section. Nothing in this
settion shall be so construed as to apply
toany bank, banker, company or cor
pCation exercising banking powers or
privileges, or to authorize any deduction
allowed by this section from the value
O any other item of taxable property
tim credits; Provided, That grain held
blythe producer of the same, actually
sod or contracted to be sold, but not de-
lipred, shall be classed as credits.
SEC. 8. That Section % of said chap
te be amended to read as follows:
Sec. 20. The county auditor shall an
nuaily ,rovlde the necessary assessment
books shd blanks at the expense of the
county}for and to correspond with each
assessment district or township. He
shall NIKE out in the real property as
sessment books complete lists of all
lands or lots subject to taxation (show-
Ing the names of owners if to him
klown, aid if unknown SO state it), the
nImber of acres and the lots or parts of
les or blocks included in each descrip-
tin of property. There shall be
appended to each personal property as
sssment book a list of all mortgages
o other real estate securities held,
ned or controlled by the residents of
th town or dist let, showing the names
othe owners o.. agents, alphabetically
iaanged, and thu amount due on each
parate instrum ant. The assessor of each
strict shall notify each owner or agent in
hose name sucn mortgage or real estate
curity appears on said list, of the
mount due on each of such securities,
I'D they shall be listed by such owner
agent at their true value in money;