Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1897-06-03

noctlon WIFI tnelr lines III Otner SCateS
in order to arrive at the true cash
value of their property in this state,
the earning capacity being considered
as well as the cost of the investment.
8. 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.
10. Assessment roll known as "form
No. q" requires each taxpayer to list
his moneys and credits as follows:
/. Aggregate amount of notes.
2. Aggregate amount OF bonds.
3. Aggregate amount of other writ
ten evidences of debt.
4. Aggregate amount of moneys in
bank.
5. Aggregate amount of other
money.
6. Aggregate amount Of book &C.
counts good.
Z. Aggregate amount of book &C.
counts doubtful.
8. Aggregate amount Of checks,
drafts and other cash items.
LIABILITIES.
/. Total amount of notes.
2. Total amount of accounts.
3. Total amount of other debts.
The difference between the first
schedule and the second if it shows as.
sets above liabilities will be the amount
of moneys and credits listed for taxa
ton.
This statement is separate from the
ordinary roll and must be signed and
sworn to and the oath required include
a statement that all moneys and
credits have been listed are bona iide
obligations and are actually owned by
the signor.
IL. The township board Is to be
known as a board of review and shall
review the assessors work, not to
equalize, but to see that the property
of each person is assessed at it's true
cash value and are required to raise
and lower assessments to reach this
end.
IL. II any assessor or board of re-
view knowingly fails or neglects to
assess property at Is per cent of its
true cash value he shall forfeit and
pay to the county the sum of $500.
Is. The assessors may be called be.
fore the board of supervisors for ex-
animation under oath, as to the
method used in ascertaining the value
of property, and rs to the the correct
ness of such valuation and failure to
comply makes him guilty of mis-
demeanor, subject to fine Of $500 or
Imprisonment in the county Jail for
one year or both.
IA. II property is withheld, over
looked, 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.
Is. If, on demand, the tax with 6
per cent interest, is not paid same
may be collected by distress and sale.
If the property was fraudulently with
held from the assessors penalty of 80
per cent shall be collected.
16. All insurance companies organ
lied outside the United States are to
pay 81 per cent on gross premiums.
Stock insurance companies organized
in the United States outside of Iowa
pay IN per cent OH gross premiums
Iowa companies and all mutual assess
ment companies pay 1 per cent on
their gross premiums, in addition to
this Iowa stock companies pay tax as
other corporations OH their stock.
FISH AND GAME.
All dams in the state must contain
fishways.
The Office of fish commissioner is
abolished and state fish and game
warden substituted.
Only one trot line is permissible and
that must not extend more than half
way across the stream.
The names of all harmless birds are
specially named In list of birds that
are not to be killed at any season.
Blue jays and English sparrows are
not included In the list.
October and November constitute
the open season for the killing of quail.
A closed season is provided for tim
Der squirrels between January and
July l.
CORPORATION LAWS.
Directors and officers are held per-
sonally responsible for all debt of the
corporation if it exceeds its limit of
Indebtedness, or If they pay dividends
which deplete it's capital stock or COM
NIT any other fraud forbidden by law.
Cooperation creameries are exempt
q Al. - E.