The times. [volume] (Richmond, Va.) 1890-1903, 1898-01-23

To provide for a new registration OF the
voters of the town Of Culpeper.
To Incorporate the Warehouse Company
| Of Richmond, Va.
To authorize and empower the Board OF
| Supervisors Of Rockingham county to
dispose of certain old material and fur
| niture belonging 10 said county at either
| public or private sale.
INCREASING the REVENUE.
Captain Parks Bill Listing Bonds and
stocks for Taxation j. Law.
on last Thursday Governor Tyler sign
ed the bill introduced by Captain r. 5
Parks. o. Page, providing for the listing
for taxation of all bonds. stocks, notes
and other evidences Of Indebtedness. The
bill had passed both Houses and had
been in the hands of the Governor Tor
| some little time, who held 10 at the re-
| quest of certain parties who desired 10
| be heard on the measure.
Since the enactment of this law there
! has been great demand for copies Oh
! the same on the part of merchants and
! others, not only In this city but else
| where in the State and all the printed
! copies OF the bill have been exhausted.
| In order 10 supply The demands the
! House has passed "a resolution at the sug
! gesti0n OF Captain Parks under which
| five hundred copies of the act are TO bee
printed for distribution among The MEM
! bsrs of the General Assembly. The act
/ reads as follows:
! An act 10 amend and rc-cnact the first
! subdivision Of section s. chapter !. OF am
| act entitled an act 10 provide for the
! assessment Of taxes on persons, property
! and incomes and on licenses to transact
| business and imposing taxes thereon for
! the suIpCrt Of the government aud public
! free schools. and 10 pay the interest on
| the public debt, and to prescribe the
mode of obtaining licenses 10 sell wine.
/ ardent spirits. malt liquors, or any mix
ture thereof. in cases where a court certi-
| fcatc is required, approved March g. 1890
so as TO provide for the listing of bonds.
notes. stocks and other evidences Of debt
| subject TO taxation. approved January -.
1898.
/. BE 1T enacted by the General Assem-
| bly, Of Virginia. that the first subdivision
of section s. chapter J. of am act entitled
| an act 10 provide for the assessment of
| taxes on persons. property and incomes.
| and on licenses 20 transact business and
| imposing taxes thereon for che support
! of the government and public free
! schools. and to pay the interest on the
! public debt. and prescribing the mode
| Of obtaining licenses 20 sell wine. ardent
| spirits. malt liquors. or any mixture
| thereof I'm cases whore a court certificate
is required. approved March g. 1850. Dee
| amended and re-enacted, so as TO read
as follows:
8. on personal property. chooses I'm acc
| ton. moneys, credit and capital. The
commissioner shall require each person
/ natural or artificial residing In his dis
! trict city or town. 20 MAKE out and de-
| liver 10 said commissioner a list an detail
| Of the date amount for which originally
| given, but not the name Of the debtor.
| the dates and amounts Of the credits
| thereon. the balance due. and the time Of
payment of all bonds. notes. stocks and
other evidences Of debt. due and payable
| 10 such person, in excess ~ one hundred
! dollars and a statement Of the aggregate
amount of all bonds. notes. stocks ana
| other evidences of debt under one hum
drcd dollcrs each. Th' auditor Of public
accounts shall furnish the necessary
blanks for such lists and statements 20
| the commissioner of TIE revenue.
This list and statement shall be sign
! cd and sworn 10 by the taxpayer before
/ the comm issicner of the revenue. or some
notary public. or other person authorized
| 10 administer oaths. who shall certify
| that said list was signed and sworn 10
| before him. The commissioner shall sign
| the list and determine the value OF the
! bonds. notes stocks and other evidences
| If debt therein enumerated, subject 20
an appeal from his valuation 10 the
| county or corporation court Tic said
| list and statement shall include bonds
due from railroad and canal companies.
| bonds Of counties, cities. towns and bonds
aslf fflfs..
Gates of stock In any incorporated COM
pany bonds Of individuals and all de-
mands and claims, however evidenced,
owing or coming 10 such person. whether
| due or not. from debtors residing out OF
| or within the State or county. whether
secured by deed Of trust or by judgme's
| or not deducting from the aggregate
amount thereof all such bonds. demands
| or claims not otherwise deducted, owing
| 10 others as such principal debtor, and
| not as guarantor, endorser on surety. but
| no bond demand or claim. constituting n
part Of the capital as defined in chapter
| ! Of this act of a business done out or
| this State or any capital used by any
merchant or manufacturer, and taxed
under chapter one Of this act, shall be
included in this section.
| The list and statement herein provided
| for shall be delivered by said commits
sioner to the clerk Of the county or cor
poration court OF this county or city, VINO
| shall file the same in his Office properly
| labeled. keeping the list for each year
| separate. II any person, firm or corpora
| ton shall, with a view To evade the pay
ment OF taxes, fail or refuse to make out
| and deliver under oath such list and
| statement as herein provided for OF any
bonds. notes, stocks or other evidences
| OF debt. which are subject 10 assessment
and taxation under chapter one or TINS
act. then the omitted evidence OF debt
| shall not be recoverable by action at law
| or suit In equity in any Of the courts OF
this Commonwealth or by any legal pro-
| cess. or by sale under deed OF trust, or
| otherwise. until they shall have been re-
ported for assessment and the tax paid
| thereon for the years that IL should nave
| been paid with an addition OF nifty per
| centum of the amount of said unpaid
taxes, and the failure 10 make out ana
deliver such list and statement 10 the
said commissioner shall be taken as
prirna fecie evidence OF the intention 10
so evad the payment of taxes.
All M ~ nets fpcOnsfgf-