Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-03-03

pccsuicht - ItQuiIcu 10 give OcHu lOT
not less than 5000, the county board to
determine the amount above that limit.
In counties OF les than 1e5.o00 inhabi-
tants the bond shall not be more than
$500. A rigorous oath IL exacted from
assessors and deputy assessors and any
assessor. deputy assessor or supervisor
OF assessments who shall refuse or
knowingly neglect to perform any duty
required OF him by law, or who shall
consent to or sonnive at any evasion Of
the provisions Of the act, shall, upon
conviction. be fined not less than 500
nor more than 5000. or imprisc ned in
the county Jail for not more than one
year. and shall be liable on his bond
to the party injured for damages sus-
tained.
AL property shall be subject TO as
sessment and taxation as provided by
the general laws for the assessment os
property and for the levy and collection
OF taxes. except such property as mar.
be exempt therefrom by the general
laws.
Listing Of Property.
All property subject to taxation shall
be listed by the person at the place and
in the manner required by law. with
reference 10 the ownership. amount.
kind and value en- the LIST day Of April,
In the year for which the property is
required to be listed. including all prop
erty purchased on that day.
All real property shall be listed for
assessment for 1899 and every fourth
year thereafter. This assessment is to
be known as the general assessment.
and as modified, equalized or changed
by law, shall be the assessment basis
for the quadrennial period following.
The assessor shall, before June 1.
1893. and every four years thereafter.
actually view each tract or lot OF land
listed for taxation as Of the LIST day Of
April OF each year. setting down his
valuation OK improved tracts and lots
In one column and Of his unimproved
tracts and lots in another. He shall,
also. between the LIST Of April and tire
LIST OF June in each Intervening year,
list and assess all real property which
shall become taxable and which is not
upon the general assessment. and also
make and return a list Of. all new or
added buildings or improvements of any
Kind. the value Of which. shall not have
been included in the valuation OF the
tract or lot on which such improve
ments have been erected. specifying the
land. the kind Of Improvement and the
value which. in his opinion. has thereby
been added to the land. In like manner
he Is TO determine the depreciation Of
value by storm. food. cyclone. fire or
other agencies and make return there
OF. And in case any assessor shall ne
eject so TO do. the supervisor of assess
men;s shall. in the case of such new or
added improvements. assess the same
according 10 the general assessment.
and IN case OF such destruction. shall
aba;e from the assessment Of the tracts
or lots so damaged or lessened, the
proper proportion thereof.
On or before the LIST OF June Of each
year. other than the year Of general as
sessmcnt. the assessor shall determine
the amount Of change In value Of any
tract or lot and add or deduct II from
the general assessment accordingly.
Personal Property.
Personal property shall be listed be-
tween the ist day az April and the LIST
day of June with reference to the LIST
Of April In the year for which the pror|.
eriy Is required TO be assessed. includ.
Ing personal property purchased or ac-
quired on that day.
sworn Schedule.
The assessor Is required to furnish TO
every property owner a printed sched-
ule To be filled out and sworn to as
correct. This statement must include
all personal property. money. grain or
hand the LIST day of April. amour,
OF notes. accounts, bonds, etc. The as
SCISSOR shall determine and fix the fair
cash value Ct all items Of personal prop
crty and set IL down in a column headed
full value" and ascertain and assess
the same at one-fifth part thereof and
set down the one-ffth part thereof in
a COLUMN headed assessed value"
which last amount shall be the assessed
value for all purposes Of taxation.
The fair cash value Of real property
shall be estimated at the price IL would
probably bring at a fair voluntary sale
In the course Of due trade. AS with per-
tiD1tiAss tNo dIt DIp-
vided for. the assessed value to be one
fifth the full value. The double column
prescribed for assessors are also pre-
scribed Tor the state board Of eaualiza-
tion. which is retained by the law.
Penalty for S,efusing to Schedule.
IL any person shall refuse TO make
the schedules required. or to subscribe
and swear TO thc. same the assessoy
shall list the property Of such person
according TO his best knowledge, in
formation and Judgment. at its fai.
cash value. and shall add to the valu.
alton an amount equal to 50 per cent.
Of such valuation. Whoever. In making
such schedule. shall willfully swear
falsely in any material matter. shall,
be deemed guilty of perjury and he
punished accordingly. Any assessor
falling to have the schedule subscribed
and sworn TO shall be fined not less than
500 nor more than 5000.
Publication.
In counties outside Of the county Of
Cook the county assessor or supervisor
OF assessments shall. after having COM
pleted the assessment OF the year 1899.
have published in some newspaper OF
general circulation. at a cost not to ex-
coed cents name. a complete list OF
such assessment by township or as
sessment districts. which publication
shall be made on or before July 10 of
each year. provided. that after the year
1893 the publication shall only be OF
the assessment Of personal property and