Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1897-05-25

O. Shares ~ stock Of building and
loan associations are To he taxed ID the
individual stockholder in the county of
his residence, and the company is re-
quired to send a statement TO the county
auditor of each county showing the
name of each stockholder in his county
and the number of shares he owned on
July lst of each year and is cash value
on that date. From this the assessor
can make the assessment.
s. Telegraph and telephone compan-
les are required To make Il much fuller
statement than under the old law, and
the executive council is required to take
into considera ton the use OF their lines
in this state in connection with their
lines in other state in order to arrive al
the true cash value of their property in
this state, the earning capacity being
considered as well as the cost of inveSs-
ment.
.. 1t will be the duty Of the county
auditor to call the assessors together AT
his office for consultation before they
| begin their work, and instruct them as
| to their duties.
TO- Assessment roll known as form
| No. =" requires each tax payer to list
| his moneys and credits as follows:
/. Aggregate amount of notes.
| >. Aggregate amount of bonds.
). Aggregate amount of osher writ
| zen evidences Of debt.
! =. Aggregate alnounI Oh IHuhSSS HI
! bank.
:. Aggregate amount of other money.
! 8. Aggregate amount of book ac-
| counts good
| :. Aggregate amount of book ac-
counts doubtful.
s. Aggregate amount of checks,
! drafts and other cash Items.
| LIABILITIES.
! !. Total amount of notes.
| >. Total amount of accounts
! .. Total amount of other debts.
The difference between the first schedule
| and the second if it shows assets above
| liabilities will bc the amount of moneys
| and credits listed for taxation.
! This statement Is separate from the or
! binary roll and must he signed and sworn
To and the oath required include ~ state
ment that all moneys and credits nave
! are bona fidc obligations and are actually
| owned by the sigDor
II. The township board is to be known
| as Il board Of review ana shah review the
| assessors work, not To cqualize. but to see
| that the property of each person Is as
sessed mt its true cash value and are re-
| quired To raise and lower assessments To
| reach this end.
| II. II any assessor or board of review
! knowingly fails or neglects to assess prop
| crty at % per cent of its true cash value
he shall forfeit and pay to the county the
sum of $500
49, The assessors may be called before
| the board OF supervisors for examination
under oath as to the method used in ascer-
| tanning the value of property, and as 10
| the correctness Of such valuation and Il
| failure TO comply makes him guilty OF IL
| misdemeanor, subject to Il fine of $500 or
| imprisonment III the county jail for one
| year or both.
| H. IL property is withheld overlooked.
or for any cause is not listed or assessed
the county treasurer may at any time
| within five years assess same and collect
| the tax.
IL. II. on demand. the tax with per
| cent interest, Is not paid. same may he
! collected by distress and sale. If the
! property was fraudulenuy withheld from
the assessors Il penalty OF 90 per cent shall
| be collected.
49, All insurance companies organized
outside the United States are to pay 312
per cent on gross premiums. Stock in
Surance companies organized in the
| United States outside of Iowa pay 2i2 per
cent on gross premiums. Iowa companies
and all mutual assessment companies pay
! ! per cent on their gross premiums, IN
addition TO this Iowa stock companies
pay tax as other corporations on their
CITIES AND TOWNS.
I Towns plated and unincorporatcd are
to be known as villages.
The number of inhabitants to comprise
city of the first class is fifteen thousand
or over.
Those having a population of two thou
sand and not over fifteen hundred shall be
! cities of the second class.
Other municipal corporations having n
population of less thar two thousand shall
be deemed towns.
Elections are to be uniformly held on the
last Monday in March i'm each year.
The words aldermen ana aldermen;
! at-large" have given way to 'councilmen"
| and "councilmen-at-la
Officers in towns are elected for two
years instead of one. and the clerk who
has heretofore been known as recorder
| is also elected for two years instead of
being chosen by the council or trustees.
The same officers are elected in cities of
| the first and second class as under the old
| law; the same right of the council to APP
/ point certain officers has been retained,
except that where there are boards of
| public works, they select the street COM
| missioner instead of the city council.
The mayor in cities of the first class is
the presiding officer with the right To vote
only in case of "A tie; in cities of the second
! class and towns he is n member of the
council, with the right to vote when the
affirmative vote of some specified proper
ton of the whole council is necessary to
the passage of any measure.
There can be but one assessor elected
for the whole city or town. He can. how
ever. appoint such number of deputies to
assist him rs the council shall authorize.
such appointments TO be confirmed by the
| council.
No money shall be appropriated except
by ordinance.
Where cities have caused their ordi-
nances to be published i'm pamphlet form,
no other publication is necessary.
Towns have the right to macadamiZc,
curb and sewer streets and pay for the
same out of a general fund or assess the
| property owners.
Many new powers have been added to
those in the law To all classes OF mInici-
pal corporations, permitting them to Ii
| cense and regulate persons and avocations
heretofore not included in the law.
No franchise shall be granted or re-
newal extended by any city or town for
the use Of any street highway, avenue or
I alley or public place, for any of the pur-
| poses named In the chapter which in
cludeS among other things street railways,
unless n majority of the electors voting
shall have voted for the same ut a. gem
eral or special election. The council may
order the question of Il renewal or extern
sion of any such franchise to be submitted
to a vote at a general election. or at IL spe-
| cial one called for that purpose, and the
| mayor shall submit such question to the
| voters upon the petition f twenty-five
| property owners of each ward of n city or
nifty property owners in an Incorporated
| town. The party applying for Il renewal
| or AN extension of IL franchise must pay
the costs of the election.
All cities are given the same powers i'm
| relation to street improvements, sewers
| and special assessments.
Where street car companies lay track
upon street that is already paved they
! will be required to pay into the city treas
ury the value OF the paving which would
have been assessed to il had the track
been placed on the street before the paw
ing was made and the money shall be
| refunded to the property owners accord
ing to the number of front feet abutting
on the street.
A uniform form of bond is required with