The times. [volume] (Richmond, Va.) 1890-1903, 1900-03-06


Sdiction, shall annually on or before tho
first day Of March OF each Ayear, furnish
to the Auditor Of Public Accounts,aIl sts
tof the persons holding stock OF said COM
spany or corpora ton resident IN virginia
on February LIST OF that year, showing the
number of shares held by each stockhoid-5
$er, the par value Teach share of stock.
and the residence In this State OF each
stockholder Said-l list shall bear the Of
fetal seal Of the corporation, and shall
be verified by oath Of the president or
other chief officer OF said scorporatio or
company. Any person who shall wil1ully
swear falsely to such list shall be deem
ed guilty of perjury.
.. The Auditor shall. Jas soon as practi-
cable, after the receipt OF each ct said
lists, furnish to each commissioner OF
the revenue copy of so much or said
list as pertains to residents Of his dis
trict- IS
8. The said Auditor and commissioners
Of the revenue shall keep secure from
public observation the said q lists, and 4
shall not communicate toSany person any
information therein contained. except that
they may submit said information tcsthe
Acknowledgement or other proper law of
5ticer OF the Commonwealth,sa and they
may testify as to the information con-
tanned In said lists, in any proceeding II
law or in equity, affectinf the right OF
the Commonwealth to subject to taxation
the shares Of stock or any part thereof
in said list specified. in the name or the
holder therein set out.
4. Any officer of. the Commonwealth
who shall wiifully divu:ge3 or suffer to be
come public any information contained IN
said lists, except as herein provided,
shall be lined not less than $50 nor more
than $500 Tor each offence.
g. ANY corporation or company " hich-
shall fail or refuse to furnish to the Aud
tor, she lists hereby required. or shan
wi!fully furnish false list. shall be sub.
iect to a fine Of not less than S1G0, nor
more than $1,000, and shall also be liable
to pay to the State of Virginia, and to
any county or corporation thereof. any
State or municipal tax payable by law
upon the shares of stock of said co:po--
ration or company, held by any person
resident in Virginia. which the said stock
holder has failed to list for taxation as
provided by law. .,z.
Each month during which said failure
or refusal to furnish said list shall con-
tinuc shall be deemed a separate offence
G. AIRY fine or penalty incurred by any
corporation or company under this act
may be recovered by motion after fifteen
days notice in the Circuit Court of the
CITY Of Richmond, made by the Attorney
General in the name of the Common
wealth Such notice shall be served as
other notices are served upon corpora
tons under the general laws OF tnls
State.
I. The Auditor shall determine the fair
market value as of February 1st of tho
stock Of each corporation or company
hereinbefore referred to, and comnuni-5
cate the same to the several commission
ers of the revenue, as basis for the
assessment of said stock for taxation
But any stakeholder, deeming the value,
as fixed by the Auditor. to be incorrect,
may apply to the county or corporation
court of his county or corpration to have
the proper value thereof ascertained. The
proceedings on such application shall con
form to those prescribed by law for cor
rection of erroneous assessments OF prop
erty for taxation.
8. This act shall not apply to any COM
pany or corporation whose stock is not
taxable in the hands of the stakeholder.