New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-26


cornora ton or one of the persons or one OF the
members OF the copartnership making me tbsreI
10 the effect that the statements contained tneie e.
are true. Such Board may prepare oahk k, ~ ,oc
used in making the reports required oySo l or
corpora tion falling to make the report reror,
1s as TeS ST S Sf sae Board OF Tax
within reasonable time specified nv It, In S"' Of $40
Tor every such failure and the additional sum ci
$40 for each day that sucn iallt tb asHessmen by
certiorari as provided by Section A. chapter III
HEARING ON SPECIAL FRANCHISE AsshS>-
MENTs
Sec A. On making assessment OF speoldi ~ ~,
chise the State Board Of Tax Commissioners sN'''
Immediately give notice In writing 10 inc
copartnership association corporation anec'''
stating in substance that such assessment haS
made the total valuation OF such special francn"e
and the valuation thereof in each CITY @ meet az
tax district and that me bo on DAY. spechsG
in such notice which must not be less man , wv ~
nor more t man snd Seterine any complaint con
corning such assessment. such noucce niH ~ ~
hearinr and II NAV be served on a coparlhersniy,;
association corporation by malIhs CofS and
either personally or oE slP pace Of
him at his place OF business baper applies SO far
as practicable, TO a hearing by me ota'e D0"'N VI
Tax Commissioners under TINS seCuoi'
CERTIORARI TO REVIEW ASSESSMENT
Sec a. An assessment Of special franchise by
the State Board OF Tax commissioners ma! NC ~
viewed In the manner prescribed by Article IL Oh
this chapter and that article applies. so far as
nracticable TO such an assessment, In the same
manner and with the same force and erect as =
the assessment had been made by local assest0's
review the assessment must be presented WITHIN ~
teen days after notice of the MING Oh h, se wth The
Of the valuation Of special IrahchIse' rihn5 Nv
clerk of the city town or village, as nm
section q Of this fh az Said s STATE Bdad Of Tax
Commissioners. and no writ OF certoIaL - I'm n
any other board or officer unless otherwise directed
by the court or judge granting the WI, ~, such
writ ~ certjorari shall be binding upon me lDv" 49,
assessors. and any ministerial 9IhCeI w. ~ ~ tho
same manner as though said local assessors Oh 90
GERS had been parties TO me on Hing with the
civ town or village clerk statement % w rcrson
ton of special franchise sha glwy !, r affected
Written notice that such statement mas peTn arsbin
srd such notice may be served on tberno
sssocatIoy or corporation by mailing copy ts' cor or
to it at IN principal office or pace o, TO him
a. den nss place % '''''''''
DEDUCTION FROM SPECIAL FRANChl'h
TAX FOR LOCAL PURPOSES
sec AZ II when the tax assessed on any spe-
cial franchise is due and payable unoer 'ne pr
visions Of law applicable to the city town. u
yrrogo IN which the tangible property Is located
e. shall appear that the person coparlhelS"p'
association or corporation affected has paiu ~
such city. town or village for its exclusive us'
within the next preceding year. under any the
same any sum based upon a percentage OIL si fe
earnings, any other income %, az snch special
Franchise granted to or possessed by such P0s
assoGisGh ns Sr Of such city
village except money paid or eXpehdeu ioI Hb,rav
or reGairng Of pshs be Deducted DE- from any
ne sed on the assessment made by the state b1a5
OF Iax mn So otherwise: and the remainder
shall he the tax on shch specla iTia Chan,her-
for city rown or OF cty the Treasurer Of VII
/ lage. the Supervisor OF a toWn Ui "' 1orenn CO.
partnership association or corporation IS ent less
10 credit provided in this sec'Tm G before tax
on special franchise is payable MAKE anu otber
Iaea 10 cried 10 receive taxes for such city
Town or village his certificate showing the s th
srai a dnSpe ON the day Of the date Of the
SSert,ncate on the receipt Of such certificate IN ,ne
steiv credit on the tax roll, to the person CO
partnership, association or On any tax
iawied against such person copartnershp associs
ton or corporation on any assesshJ,Ti,o % nur
1pses only but no credit shall be given on account
Of such payment certificate IN any other yea tbe
s6eca Franchise tax for city town or village Rur
poses for The he baance If any OF such
| quired by law.
SPECIAL, FRANCHISE TAX NOT TO AFFECT
OTHER TAX.
Sec A. The imposition or payment or special
franchise tax as provided in this chapter shal not
relieve any association. copartnershlp' or corpora
| ton from the payment OF any organization TAX OF
| franchise tax or any other tax otherwise imposed
| nv Article Of this chapter, or by any other pro-
| vision of law but tangible property situated IN
| upon under or above any street. HIGHWAY, pubic
Mace or public waters. described in SUBDIVISION
of SECTION 2 shall not be taxable except upon the
assessment made as herein provided by the state
bS sar q sections p and 81 Of the Tax law are
| hereby amended 10 read as follows;
PREPARATION OF ASSESSMENT ROLL.
Sec p They shall prepare assessment roll
containing six separate columns. and shall. accord
ing 10 the best information in their power set
down:
First-In the first column. the names OF all the
Second-in the second column, the quantity of
real property taxable TO each person win state
ment thereof in such form as the Commissioners OF
Third-In the third column. the full value Of such
Fourth~in the fourth column, the fun value of all
the taxable personal property owned by each per
son. respectively. after deducting the Just debt'
Fifth"In the fifth column the value Of taxable
! rents reserved and chargcable upon lands within
ne St az SwhSb at the legal rate per annum snail
produce a sum equal to such annual rents, and il
OF the rents in money TO he ascertained by then
and the value OF each rent assessed separately
the rent assessed cannot be ascertained by the as
SCISSORS II shall be assessed against the tenant II
! possession of the real property upon which the
! rents are charseab!e.
| Sixth-1n the sixth column the value OF every
special franchise fixed by the State Board o
Tax Commissioners.
CoRPORATIONs-HOw ASSESSED.
Sec q The assessors shall assess corporation
liable to taxation In their respective tax district
uron their assessment rolls in the following man
ner:
First-In the first column. the name of each cor
poration and under its name the amount of H.
capital stock paid I'm and secured to be paid In
the amount paid by # for real property then OWNED
by II. wherever situated, the amount Of all surplu
profits reserve funds exceeding 10 per cent o
the capital. after dcductng therefrom the amour
of it's stock. if any, belonging 10 the State and
incorporated literary and charitable institutions
Second-ln the second column. the quantity o
real property except special franchises owned b.