The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1900-03-09

other public place in such taxing district
and file the same in the office of the State
Board of Assessors
4. All such persons. co-partnerships, as
sociations or corporations municipal cor
porations excepted), subject to taxation
under the provisions of this act shall
on or before the first Tuesday in May
of each year return to the State Board
of Assessors statement showing the
gross receipts of their business in the
state of New Jersey for the year ending
December 81 next preceding. Any oil or
pipe line company having part of its
transportation line in this State and part
thereof in another State or States shaH
make a report showing its gross receipts
for transportation of oil or petroleum on
its whole line, together with the state
ment of the length of its whole line ana
the length of its line in this state along
any street. highway, road, lane or other
public place and the franchise tax OF such
oil or pipe line company for pusl-
ness SO done in this State shall
be upon such proportion of its gross
receipts as the length of its line IN tins
state along any street, highway, road,
lane or other public place bears 70 me
length of its whole line. All OF such Slate5
ments or reports shall be subscriber alu
sworn to by the'person, co-parthers OK 1 tlie
president or other chief officers OF eacli
association or corporation. ANY peIsson, ps
copartnerShip, association or corporation
wilfully neglecting or refusing to MAKE
such annual statement or report shdii
forfeit as penalty for such neglect OF 7 ie7
fusaI not more than $1,000, TO pc assessSu
bv Jury, for each offenSe, TO pe recoN-
cred in any form of action in the supreme
Court of this State, in the name OF lns
State and when collected shall be pald
into the State treasury. 1t shall pc the
duty of the State Board of Assessors to
certify any default to the Attorney-Gen-
eral of the State, who thereupon salh
prosecute an action at law for such pen
a1fv. Any person who shall falsely make
any oath required to be made ,under TINS
act shall be deemed guilty Of perjury; ana ana
on conviction thereof dv aole eerefor 70 a '
5. An annual franchise tax OF per
cent. upon the total annual gross receipts
shall be assessed upon all persons, CO.
partnerships associations or coipol~-
lions taxable under this act.
6. The State Board of Assessors shaH
annually ascertain and apportlon the iran
chise tax to the various taxing districts
in proportion to the value of the property
located in upon or under any Speclal
street, road, highway, lane or other pun
lie place therein as shown Dy the state
ments so filed with said boaru Ihe
amount of the franchise tax shall be GER
tilted in writing to the respective assessors
of taxes or officers having like powers
and duties to perform on or oeIore tne
third Tuesday of October in each year
provided that no change in the apportlon-
ment of the franchise tax shall be MADE
in case the valuation of any property IS
reduced after the return is flled as pro-
vided in section three. The assessors or
officers shall, within five days after belng
so notified of such FRANCHISE tax, denver
or cause to be delivered to each person,
a n
taxable under the provisions OF this act
and to the collector of taxes of such tax
ing district statement in Wr1unS snoW-
ing the amount of such franchlSe lax 50
ascertained. which shall become due at
the time and place when ana Where olner
taxes are due and payable IN sucn taxing
district, and the tax shall be ana remain
a first lien on the property and assets OF
such person. co-partnership. association or
corporation, until paid with interest ana
penalty thereon and shall he collected IN
the same manner that other taxes are
collected and the same. proceedings now
available for the collection OF otner taxes
shall remain applicable to the collection
of the franchise tax.
I. All money now payable by any per-
son co-partnership association OF cor
poration TO any taxing district for its ex-
elusive use pursuant to any contract
agreement resolution or ordinance (ex-
cFof money expended for paving or re-
pairing any street, highway or other pup
lie place., shall be paid Notwithstanding
this act and when pald Snall De consul
cred a payment on account of or in full
as the case may be- for the franchise tax
to be apDortioned according to the pro-
visions hereof If the amount SO payable
is greater than the amount of the fran
chise tax to be so apportioned, such pay
ment shall be in lieu thereof; and if less,
the difference in amount shall be payable
as herein provided. 80
g. The franchise taxes imposed by th's
act shall be in lieu of all other franchise
taxes now assessed against the persons,
co-partnerships, associations or corpora
tions. subject to the provisions of this act
and their property. This act shall not be
construed to apply to any corporation
which has never exercised any municipal
franchise, but has not dissolved its incor-
poration.
9. None of the provisions of this act
shall be construed as in anywise to alter,
impair or repeal any of the provisions of
an act entitled IAN act for the taxation
of railroad and canal property, ap-
proved April 10, one thousand eight hun
dred and eighty-four, or any of the sup
plements or amendments thereto, nor
Shall any corporation taxable under said
act and the supplements and amend
nents thereto be taxable under this act.
II any provision of this act shall, for any
reason. be held to be unconstitutional or
invalid it shall not affect the other pro-
visions of this act or any part OF them;
TO- This act shall take effect on the
first day of January, one thousand nine
hundred and one