The times. [volume] (Richmond, Va.) 1890-1903, 1897-12-21
Defining What shall Constitute Such "a
Company and Determining the Nsiae
ofIheir Property and soforth.

tncItolt money patfdBNnf -""f ~ A
or other articles by express. not including
tho ordinary lines Of transportation or
merchandise and property Zoo tnls state
shall be deemed 10 be an express COM
pany.
Any person or persons. Joint stock ASSOC
citation or corporation wherever Organized
or incorporated. engaged in the business oil
transmitting 90. from. through OF I'D ihi
/ state telegraph messages. SHAH % or. NE
cd 20 De- q telegraph company.
Ana any person or persons. Joint sIocH
! association or corporation. "ho'cYci or
gained or Incorporated engaged DID the
business OF transmitting 90, FROM through
or IN this State telephone meaHaSeH' snail
DC held 60 be q telephone company.
Every express. telephone and telegraph
comnanv. defined IN the foregoing section
dOing business in ihis Stale. snail am
I nuallv. between tho 1st and 18th ~ May
| under the oath % Tho person constituting
such company. n q person. or under the
oa.n Of the treasurer. president. secretary,
superintendent. or chief officer DO this
STATE Of sgch association or corporation
II an association or corporation. make
| and nlc with the Auditor Of Public Ac-
counts n statement in such form as the
| State Auditor may prescribe. containing
! the following facts.
THE llDaNs
First The name Of the company.
Second. The nature Of the company,
whether n person or persons or associa-
zion or CORPORATION. and under the laws
OF what state that company b. organized.
Third. The location OF the principal
Office.
Fourth. The name and %postonice adj
dress Of the president. secretary. audi
tor. treasurer and superintendent. or
general manager.
Fifth. The name and postofice adj
dress Of the CHIEF officer or managing
agent Of the company ia Virginia.
Sixth. Tho number of shares Of the
capital stock. ,he par value and market
value thereof. or if there Dee no market
value the actual value Of its shares OF
stock as OF February lst.
Seventh \ detailed statement Of the
real estate owned hy the company in
Virginia. whore situated and the yaire
thereof AZ assessed for taxation.
Eighth. \ full ana correct inventory az
tho personal property. including money
and credits owned hy the company in
virginia on February LIST, where situated.
and the value thereof.
Ninth. Total value o. The real estate
owned by The company situated outside
if Virginia.
Tenth. The total value OF the per-
sonal property owned by the company and
Situated outside of virginia.
Eleventh. IN the case of telegraph 90
telephone companics The whole length
OF the lines and the length of so much
OF their lines as is without and is within
the state of Virginia. which lines snail
include what said telegraph and telephone
companies control and use under lease
on otherwise. also the miles of wire boo
each city. county. town and school district
I'm the state. In the ease of telegraph
and express companies the entire gross
receipts of the company from whatever
source derived for The year ending Jan
uary 5lst Of business wherever done.
Twelfth. I'm tho case OF telegraph ana
express companies tho gross receipts for
the year ending January 3lst. from what
ever source derived. Of each office within
the State Of Virginia. giving the location
10y school district VI each Office and tine
total gross receipts OF the company for
such period i'm Virginia. ln case Of cS-
press companies. the whole length ~ the
lines Of rail and water routes oyer which
the ompan did business ON the lst oav
of May. the length OF so much of said
lines. whether the land or water trans
portatiOn as is without and is within
Virginia. naming the lines IN Virginia,
! and showing what proportion thereof is
I'm each county. city, town and school dis
trlct thereof.
Thirteenth. Such other facts aui in-
| formation as the Auditor Of Public Ac-
counts may require i'm the forms ric-
scribed by him.
ASSESSING TTfE PROPERTY.
Blanks for mailing the different state
ments shall be prepared and ON applca-
4fL.. srrv..F.I.I mwrH .LnrnTnmN a NW tho Audi
tor Of Public Accounts. The Auditor of
Public Accounts. the Governor and the
Treasurer Of the Commonwealth shall
constitute a board 10 be known as the
state Board OF Appraisers and Assessors.
OF which board the Governor shall be eN-
oficio president. In the absence or in
ability Of the president the members shall
appoint one Of their number president pro
temporc. and the two acting together
may exercise the entire powers given ly
this act TO the fun board.
said board han appoint a secretary
and full minutes of IT'S proceedings snail
be kent. The board shall annually. on
the third Monday in May. beginning with
the year 1898, meet IN the office OF Che
Auditor Of Public Accounts for the pur-
pose OF assessing the property Of eX-
press, telegraph and telephone companies
10 the state Of Virginia. Called meetings
Of the board may De hod -
any time and place indicated by
the president. az which sessions
thoy shall have the power 10 do any and
all things which they may do a. the
regular annual meeting
At the annual meeting the Auditor OF
Public Accounts shall lay before the
board the statements and schedules re-
turned. 20 him pursuant 70 the provisions
~ this act and the board shall then pro-
coed 10 ascertain and assess inc Na'ue OF
tbe property OF said express. telegraph
! and ,eIenhone companies in Virginia. I'm
determining the value OF the property OF
said companies in this state 10 be taxed
within the state and assessed as is herein
nrovided. the said board shall be guided
bv the value Of said property as deter
mined by the value OF the entire ca'itai
stock OF said companies. and such other
evidences and rules as viii enable the
board 10 arrive az the true value in money
Of tho entire property OF said companies
| within the state OF Virginia In the pro-
| portion 20 which the same bears 20 the
eniirc %propertc Of said companies as de-
terminod BY the value o. the capital
! stock thereof and the other evidences and
rules as aforesaid.
The board may adjourn from time 20
timo until the business before II Is finally
disposed OF.
In case any company fails or refuses
10 make the statements required by law
or furnish the board any information re-
auested. tho board shall inform itself as
best it may on the matters necessary 70
be known In order 20 discharge its duties
with respect to the assessment Of the