Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1896-01-02

| SaSstssIbS SoTpoTatiOIS.
The bill then provides at length fol
the assessment of property of persons
represented by agents, and also property
OF commission merchants, grain and Goa
dealers and the like. Any person hold
ing personal property for the purpose OF
adding to its value by any process OF
manufacturing and shall list such prop
erty for taxation. Private banks OF
bankers, or any other person other than
corporations hereinafter specified, whose
business is receiving deposits subject to
check, must furnish the assessor a sworn
statement showing the assets and liabil
tiles OF such bank or banker on Jan. OF
the current year. The shares Of stock OF
any national, state or savings bank OF
loan and trust company doing bushes:
In the state, shall be assed TO the owners
thereof at the place where its principal
business is transacted. The shares OF
| stock of any other corporation except
those not organized for pecuniary profit,
| shall be assessed in like manner; the
amount of their capital actually invested
in real estate being deducted from the
|
such. A verified statement must be
furnished the assessor OH or before Jan.
| 20 each year showing the business of
such corporation during the year. Shares
OF stock of buildir and loan associa-
| tons shall be assessed to the individual
| holders at their place of residence. Ii
an ASSOCIATION maintains reserve, ex.
| pense or other fund, such fund shall be
subjected to taxation. The name and
post office addresses of each stakeholder
| OF foreign building and loan associa-
tons residing in Iowa shall be furnished
| on or before Feb. 10 of each year by the
state auditor to the county auditors of
each county where such stockholders re.
side, together with the number of shares
owned by such person and the actual
cash value of each share of such stock.
Telegraph and telephone companies are
| required to furnish the auditor of state
each year statement showing number
miles operated by them in the state, to-
gether with the number Of poles OH their
lines, and the average number OF separ-
/ ate wires used, the number g. stations
and the value of same, the number Of in
struments and the gross rental charges
per instrument. Also the gross receipts
and operating expenses of the company.
This information shall be used in assess
| ing such lines. Insurance companies, rail
ways, gas works, electric light or power
works, electric and horse railways, shall
be assessed much as under the present
law. Circuses exhibiting outside the
limits of a city or town must pay a
license to the county treasurer not ex-
ceeding 500.
| Oath to BE Administered.
| Each assessor must enter upon the dis
charge of his duties Immediately after
the third Monday of January of each
| year. He shall administer the oath
printed ON the back of the assessment
roll and require the person taking such
oath to subscribe to the same. If the
party assessed feels aggrieved at the as.
sessment he may appear before the board
of review and make q showing. The
oath to be taken is as follows:
State of Iowa, County.
| I,...,............. do solemnly swear (or
affirm that / am the person assessed
above, that l have read the foregoing as
sessment roll of of property listed or as
sessed to me and that the same is a full
true and correct list of my taxable prop
erty, both real and personal property, sub
ject to taxation within this district, and
all property which should be listed on this
| assessment roll to me or by me.
| Observation-Disclosures.
Subscribed and sworn to Tor affirmed
| this .. day of ... A d. go. before me
| ................ Assessor
The assessors are required to appear
before the county auditor of each county
before the third day of January of each
year to receive such information as shall
tend to the proper discharge of theil
duties. The assessment shall be COM
pleted by the first of April and the as,
SCISSOR shall attach to the rolls his oath
in ratification of them. The boards OF
supervisors, the township trustees and
city councils shall constitute boards OF
review, who shall hear and pass upon
objections to assessments.
Penalty For Not Listing.
"hch plOpolGy SuDJSCb W UdAdClOu IL
not listed or assessed the county treas
urer may, at any time within five year:
after such assessment should have beer
made, demand of the person to whom
such property should have been listed
the tax due, together with per city in
terest thereupon. and upon failure to pay
within 30 days the same may be recov
cred in an action brought in the name
of the treasurer for the use of the
county, and, when such property ha:
been fraudulently withheld from such
assessment, there shall be added a pen
atty of 80 per cent of the tax.
The executive council shall constitute
the state board of review and shall meet
ON the second Monday of July of eacl
year. 1t shall adjust the valuation Of
property Of the several counties, adding
to or deducting from the valuation OF
each class of property such per centage
in each case as will bring the same to it.
real taxable value as fixed in this act
The boards of supervisors shall not in
any one year levy tax of more than {
mills on the dollar for the payment Of