The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-02-15
TAXATION Of RAILROADS.
VIEW METHOD PROPOSED FOR As
sEssAEsT AND COLLECTION.
Gayp~r's Measure Provides for
HoayA eff missien~rs. Coma
prisfng the Auditor. Secretary eft
state and Land Com issIou er.
eps~:as ra~ratea q shs rsst-En,.l..g saesr

/ sps~:A3 Ds~~atea 70 tte Psst-Iasslt gssscsr.
OLYMPIA. FEB. IA ca4I q except. IA
I fzzsSsgE rassss . ths taxa y1rE - tie gate
i q S 2sfsaxt91 1zs 1eeG sZsraG seed Il res
/ seEa % ~ Cargsr q H-h4tc4an- Il r. - tie
! As1&s q t.se e11sG!tses o. agriculture and
| Is lrtea9@. - provide for the zsogs e3slc4eGi
assessment ard collection .. taxes CO TIE
/ sregs-ty II railroads.
! Tne S4 makes tie a1GltSF, ssc~e a-y -
| ststs a21 ire commissioner % pubic -ara1s
/ 3 fs2agG - Lax commission tor TIE yar-
! pose % assessing f3r TAXATION a. railroad
;Ta9A and rolling stock. ha1.Eoas track az
! szsD9-a.4sts3, Includes the Ylgas-cf way.
whether ewas1 IL fee or Otherwise; super-
structures. including bridges. e4lverts.
tunnels 4a4 ot@er appliances. main SIDE oF
fecoa9 tracks &St tggE8ats. turntables.
E8sEes4ing sG1 terminal tracks and yards
/ telegraph goiss. write Instruments AMI cthsr
'teses Ea2klG Appliances. ard TIE stAtio5s
saa tn groveEn@ass Of TIE railroad company
os tae g.ghf-os-way or appgygen&nt there
%. al! 20 BE bed as peFs0nal property.
Rolling stock Includes AL movable prop
erty ses0ngiag 70 railroad COMPANIES. In
c4L43lIs locomotives. caEs and profeffy 9.
ss.ssiaT character USED IL sls tran2ssog talon
of persons and property
Ts.s act taen provides that be- veen tie
Iss and The 18th tssy Of March - escn yeaE
ali railways stall file attn the STATE a 4dltor.
ssoners, sworn statements Is fellows:
Ftrst-sJf the property 6srorsaEsated rail-
road track. giving tie IengEa % tie Main
ant SIDE or second tracks and turrogts
within the state % Washington: saa also.
81 tie tracks sxsenS 3Gto any o nsr state
Or states. TIE length az TIE main and SIDE
Or second tracks or t1rnos4ts owned %
them IN ofher state or states
S&acpa-JBe rolling stock, owned bv
tkem IN The state % Washington On the
Isl day of March preceding. ard slso taa
eaitEe rolling stock eQalp nssnt Of taetr
roads wherever the same may be situated
Third Slowing TIE number % t3es IN
their tracks per Uile. TIE weight % iron Or
steel sbsr yard used t. The main and side
or sscond tracks AID snrnousS: whst joints
Or CHAIRS are used Ia track. tbs oai5aStsEg
% road. wn@ther gTaye}ea. stone o. dirt.
he number os buildings on their rgbt~0f-
SaT. and the velue Thereof: tse length Of
tine iron or steel has peen used. ard the
leEsth Of tine the ru@d h@s bean built the
character q all bridges over ravtzable
stream or streams nE3fr ta1n $50 feet Ia
width b$tH een banks. and all tunnels uasFa
than 10 sset In length. the original cost -
said bridge and tunnels and tie present
STATE OF their preservation and where 10
catss. the cost Of ali depot buildings for
freight and passengers. terminal buildings
terminal iracka and yatds and their pres-
cnt st@te Of preservation: the width Of the
F!ght-osway. and, where the same passes
through t5~1s or cf.4es4 whether any part
~ The same. ard il 50. what part has been
sold - private sadsy .d1ats or leased for
warehouses or other purposes; and. where
the same has been leased. the income re-
ce.ye3 thetefr0n BY the railroad company.
he kif-. character ard value Of terminal
tracks ard yards and where situated.
The statement shall s}so show:
First. the amount o. capital stock a0-
thof!zea. ard the number u shares into
which such capital stock Is divided; second,
tie amount of ca tzfal stock paid up. thiTd,
the rnarbe; value. or = 10 market value.
then the actual value Of the shares OF
stock: fourth. tAe total hon ed Indebtedness
OF the company. describing the Same ia de-
tail as 20 the kind and character and
terms ~ the bonds Including the interest
va.He % al ether property than that here
i1before required 10 be enumerated which
II represented ny the capital stock and
bonded Indebtedness OF the company.
The statement shat! also show The gross
earnings % the road FOR the preceding
year, the cost % operating the entire road.
and expenses OF the Land department. TIE
ccst of operating the read IN the state ~
Washington. exclusive OF sinking fund, m
tsTcs; charge and expense. Of the land de-
partrsnt. and also the ret income OF SUCH
year ard the amount of dividend declared
%. 4 no 81 viaend be- declared. for the period
covered by tie taxable year. then the
amount u last dividend pad bY tie road .
A general description 81 the road. IN ciu1 n :
/ thvs poansx II entrance into ard exit from
| each county IN the state. sod, K the road
J be one extending sntq another state or
4 q Ates the points ~ entran~S into and extf
frufn th~ state. als3 81 estimate OF tHs
/ actual cash value - The railroa3 ira X
aN6 Tul3 ing stock. "a herein defined. Ia tne
/ Atata ur tte ist day II NartN ~ @sCh YEAR
| u - provide. that the brari II tax cam
fssisslerers sha.i meet - q ympts oo he lst
! dsY ot April q each year, asd. from the
/ data IN its r9ss. ssosf. shail assess ta@
owner Of ral1f9a track py rolling STOCK
| tn thU state az - true ca%h value on
/ the ist asv 4 Marco las. preceding ana
! sfa1 ~ che sumo time 2C3ort- = 20 the
| several counties Through which such Tst}-
| read shall extsn4 5hs proportion - the
/ true casn tsst3e of So pr tt't . y eeca y
/ tbs said counties. sts&d proportion - ~
( based sron tt*e gtGal mileage 80 railroad
( trses S. e.scn eouHtg. excfr' taRt Fl fuaKsns
Z So sr,s.ssrtssfssrsnt be satf bard aaIi
/ tase tofo cTaei's~stta ard aiiow counties
/ ftrr ths Fxsepfg7ss Il value Z "a RS
| bridges depot buildings or terminal h'l1ii-
| sng= aa8 tracks wa!ca may IL sitVat ~
! 1'se board Z tax CON fnls*'oners wiz also
/ usres IN ofs wt#a ea ti.@ i-fH taE ~ Apr}
I ~ eseh wear feE TIE payposs - .21aiiz p :
I as ea~Paes{es s&sfss-neSts r~s8@ Wu3Hr
+ fhtx Rrt. anf tAc sat1 'ss cnreI1i .si mrs
I May lower or frrf.ss~ ths assessment when
ga tisesr to lssre ~ the as~sssu3sat prcviaasiy
I MADE ~ sc sba} Ne fsens 80 es too = ga or
toa tcw as the csze usAy 10
~Aetss any uwnSr - orrs At@r - rail
/ r.sas tn re state Ard taxatls Under TIE :;
! fss} FL pr ske aca tl@ Tha atcgnatt o. Scs}et-
/ alr Nnrelnls~fcee provided -. - psaatty n
I tN~ sunse e ! 0N Is attached
'fh~ eostt - AK c>sral .ss.es-crs ea-''aes
i zen ihe tyNsrs3s - county commissioner =
/ tNs seSa~s, Tsrurtle~ fEroUga ~ on s~y
/ es-s .oaa .Tsy extsu3 the f7rs7pavfi@r Z -
caN@a3e vssae q IRE sans IN s1ch '&1tT.
p, F-strA snd collected }u ta~ 'uz aaeg pro
/ v.{~3 ~ rs general revenue .awr,
"A Y~St aa3 E@-@Hras properly = - IT,
y,sa.3 ssaast anses uet tsssfFi uu.e~ sh~ H.
rasyfr. nations - railroad "a Aaf rr~E@ Z
/ staek ss7aIl "a assessed sf 3axatsr-. at
vas-N ere safre - situated. tH 80 unsn1ss
! rraes1es - 5se genera TSyu1-a laws - .se