New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-22
OF M 1880 '-

the city and may specify the amount and manner
MAINE.-Buildngs and personal property are
taxed by the municipalities and a State tax or or e
J ton receipts. II the same do not exceed 1900 per
s as sHa one'snSs Of per cent additional for
mile A share Of the expsores OF the Railroad
Commission is also assessed to the street rail-
county where located but stocks and bonds are not
Is located in the city The State determines the ac-
tual value OF the stock. and deducts from II the as
by the State for state purposes Taxes
be assessed to the company stock held by non
may by It be charged to p the sockholders state
tax OF per cent Is also levied on the gross receipts
special tax OF per cent on gross earnings is laid
! tor. the OF parks The Park Commission OF
the books accounts and fare registers OF the city
railroads and any employe OF the road found guilty
| OF making false returns IN relation 10 the gross
receipts is liable fine Imprisonment. or both.
II this special tax is not paid within ten days after
! retc Of 80 per cent per annum. In addition a
license tax is laid on cars and all license taxes
are credited 10 the account OF street paving
MAsSACHUsETTs.-T real estate and machin-
cry Of the companies are taxed where located but
rails are rot taxed The difference in value between
the market value OF the stock OF corporation arc
the assessed value OF the taxable property taken
as TIE for Of bv tae the sae and
! apportioned among the various cities and towns.
IN return FOR the repeal o, the law requiring com
N clearing their tracks and TO pave and Keep IN re-
ne Legislature OF iSss imposed special tar, on
| the profits OF roads paying dividends exceeding
! have paid dividends equivalent in the aggregate
TO per cent; together with the gross receipts tax
upon all roads varying from to per cent.
MTCHIGAN.-Real property Is taxed at the place
o, location OF the principal business office and stock
IS taxed in the hands OF the holder IN Detroit
special taxes are laid on the gross earnings al
\ - rot
MGNNEsOTA-Real property is taxed where 10
Gated and personal property Is taxed IN me prlncl-
pa; pl o: business stock being taxed in the nanus
OF holders In St Paul ana MinneapoI Io 81 Phi
IS aid on the cars. and the local taxes IN -, Fau
by ordinance are made to equal pc, Gs' d on
rom the per cent
MIsSIssIPP1-Taxesa are assessed on actual prop,
y and stocks are taxed 90, tn 1sd bv the state
each company.
MIssOURL-The property Of the company is ta aed
ahere located. and shares OF soek are no, ho SAFE
1t all. return must be MADE 10 the, $50
Auditor showing the length OF ROAD ana az p ioP-
ery Owned and on ms tne power 10 open the
streets ls granted by the local authorities under
SUN ;erms cna ocers so desire franchises for
etrcei raiwsvs may he sold TO the highest bidder
per capita ,sH on on the the soss receipts q such
railway or on each car. may be imposed ana '''e'e
powers are exercised in St LOUIS
ONTANA-Property is taxed where is is To-
csSe9 tie rate Of tax Icing limited by the consttu-
ZION and license tax OF $50 per quarter IS I'M :,
more than 400 inha aants. OF SIS IN all towns nav
ing less than 1000 inhabitants.
NEBRAsKA-The stock and franchises OF a cor
poration are taxed where the Pi"O'p
business is located.
xrvADA-Tb.r. has never been a street railway
CORPORATION organized under the laws OF the state
NEv-HAMPsHIRE.-st railways must pay to to
the State an annual tax OF, orei mon the property
throughout the State in lieu Of all other taxes
NEw-JERsEY-Rea estate and personal proper tG per.
ty are taxed where located Inc staee ass esrtain
amount OF tax is collected through the toMnSS o
no,atlons is taxable; In addition. street railway
company must pay direct TO the StsIe ea1 en-
upDn nns+ nav TO the State tax Of one-haf OF
per cent on its gross earnings Ihess icgrai iv
bas M right 10 impose a tax under color OF
license fee II has power 10 exact license iees' Ia
ny he used either as a means of prohibiting the
use OF the franchise or for the purpose VI ia'Sie
revenue
NEw-YORK-In cities OF more than 2'oVo IN IN,
,,aST;sn,s the franchise must be sold at auction
ZAP sSted 10 the company bidding the largest
osd n built after 1854 in cities 81 900 must
nav for five years per cent on tne gross ihS,Idjnc
80 sf,s-,Uard 3 per cent: and any road puHuIile
,cnsons must pay on such proportion OF receipts
az the length OF the extension bears 20 TIE n,ber
ia,etb of the road. Local authorities IN 9thel
riiiss and towns are given the right 70 INCLUDE as
condition for consent the paynenr pu . SUM ''
70 hs tangible property taxed to The company
locally Franchise do aT o9 Tsnson 09 for
eecb oer cent Of dividend must be paid: II me
adv'G." ons and onehaif mills per dollar In addi-
ton street railways must pay cam On All dividends
on the gross receipts ana per oe'' v" ~
In excess Of per cent
NORTH pAKOTA-Real and personal properly.
including the franchise are taxable where the p''-
cipal business office is located.
oHrO.-Real and personal property are taxed the
divfdu
haif OF per is levied by the STATE on ..s ora
yalpe OF tne psiwaVs in various forms Perms
sion 10 use the streets Is grantee py sne ,,,ey
60 due notice by publication to the person or
corporation agreeing to carry the passengers a' the
Gfsnts nm NAV require payment to the city OF
certain sum per nea foot OF eacn car az S
route or a psrcentage ~ gross earnings or oo'h'
oREcoN-ReaI estate and personal property are
,axed where located and the stock is taxed IN the
hands Of the holders
prNNsyIvANTA-Rea and personal property
are taxed where located state YAK ras ef sve mills
oniu W. sctuai Value Bonds and mortgages are
taxed 70 me NJ nar value: but the companies
p ~ ~ deduct this amount from the Interest
paid and pay yra ns sa taxed 10 the Company
4 tax OF per cent on DIVIDENDS IN excess OF pr
ciies u" and they are also allowed to levy license
tsT on ali cars used by street railway companies
RHODE ISLAND Real and personal properly tIai Is
Yed
is exed on the difference in value between the mar.
at va ne Of his stock and the amount per snare al
witch the property of the company Is taxed. ,,
The LEGISLATURE in 1895 passed an act appyins
o,i ~ sIIch roads accept It's provisions prior 10
October / 1896 After such acceptance me act
SorUo contract that cannot be altered without
~ ~ both parties Ii mas been accepted
by Ave companies doing the bulk OF ne street ra
ne business OF the State. In return for some con-
cessions and IN lieu OF all other special taxes ex-
cept those at the time imposed by cities ana to~ns.
a stsfa FAX OF per cent IS imposed on all COM
aaosfas having a dividend OF per cent or less,
pporns nies paving a dividend exceeding per cent