New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-01-16

stsfs q b- regular annual tax for use of the
debt and obligation and upon fhs sn1 every sueh
Guilty. therefor, which tax shall be equal 10 FIVE
pal debt obligation as the same sba ~ ~ 10
o'clock noon on the first Monday of Jniv In IN each
tax attach and shall be- deemed h 6R III Tor G said
acbed n awe o M fh Of this State to have at
oeots and obligations, and upon the mortgage Sc
and other obligations Collateral thereto ana mons
an future obligations entitled TO the same sec1ri-
debts and obligations and to the mortgage securi-
;Is ,b @ ana upon all paper writings evdenc-
ers OF said debts obligations and securities who
ever they may be and wherever they NAV reside
and against al persons claiming or who NAV AZ eny
TINE IN claim through OF under them and against
come entitled, to the benefit of the mortgage secIr
c6rn6 ~ az eh Oh owning or holding any bond note
oohgation so secured, who may at any time be-
shall attach in favor Of the state for the amo9n
OF me several special taxes hereinafter provided
shall be enforceable by judicial proceedings in rem
as hereinafter provided, or in any other apprO-
Sec. "a special tax for the use Of the State
is hereby imposed on each and every debt and
obligation secured by mortgage made prior to the
l2. uay OF June IN the year 1900 of real estate
situated within this State. which mortgage shall
not have been duly recorded in the county where
located pTiaT 70 - os or some part thereof s
day OF July In the year 1900 and such special fay
lar Of the amount of the principal debt or OBJ i
Shall be at that time ue T,Is @ - the me
sad 18th day o of 4u said 6 made prior to
recorded. Any debtor or other person Who shah
furnish to the State Controller or to the state
Board OF Tax Commissioners information resulting
in the recovery of any special tax imposed by this
use out Of the treae o 70 %, be Raid for his own
equal to one-half OF the so recovered No re-
gage made prior to said 18th day of June 100
which may be rendered for record on or after p
1850 until the special taxes imposed BY this section
s she have first been paid into the treasury Of
urer Endorsed upon the nortgaee such ind ogs
rnent must be recorded with the mortgage
VALIDITY OF MORTGAGES.
Sci seG & No mqrtgase made on or after said IF.
%h ff 9 June s s ys 81 real ca t
purpose between the parties or otherwise. TIL the
where such real estate or some part hereof is 10y
Gated No sucn mortgage made on after said
recording officer Sor record unless shall contain
at the end thereof Immediately above the signature
not including interest Which is oa undeP
as 70 be secured by the mortgage SAID sfate
b9ns and al eS q 959oT roT y, al f be
and all persons claiming or to claim through
OF the mortgage or in any other paper or agree
nent: and anything which but for this statute
for TecoTd 3 tendered On or S1H 9e acSePteS
o'clock noon Of the first Monday of July and before
the first Monday Of September in any year unless
shs be paid se TAX for the al u sae Of the a tame
equal TO five mills on each and every dollar of the
property is located in one county only said special
cording ONCE Of said county sf the time the mort
gage IS offered for record. and a receipt therefor
dorsement must be recorded WITH he optsaee II
the mortgaged property is located in more than one
officer at the recording office where the mortgage is
and receipt therefor indorsed upon the mortgage
which receipt must be recorded with the mortgage
where the mortgage may be rendered for record:
bsrnfa nra regHa5 annual taxes aseertained as
able to the proper officer at the recording ONCE
shall be allowed namely: II PAYMENT IS made prior
to September 90 per cent: If made between Sep
TENDER 10 and October TO- IL per cent II made be-
between October % and NovebeF Is onehaf of
per cent AnnnaI taxes not paid prior to the first
due respectively, shall bear interest in favor of
said rst Monday Of DeSebeT mi paid iq Rece fps
for such payments shall be signed in triplcate by
person making the Paymgnt and one fled by the
him in the offics Of the State Board Of Tax Com,
missioners Receipts so fled shall be arranged
and page of the record Of the mortgage to Which
accessible An entry Of such payment shall also be
made by the recording officer in the proper column
Of the list hereinafter prescribed
COMPUTING THE TAX
Sec q Prior to the fEst Monday in September
and compute the regular annual tax which accrued
Il
mortgage of real estate on record in his ONCE at
sfisd oS Te e0In c6 Or fGe3 70 3g
the face Of the recorded mortgage, without refer
cation, not including interest. which is or under
any circumstances may at any time be outs tanding
mortgage as recorded does not puTport to show
ing therefor said computation shall be based
upon assessment Of said maximum amount, to
sources of Information obtainable. such assessed
amount however, not TO be less in any case than
county and covered by the mortgage, as shown by
ascertained by the recording officer. Prior said
first Monday of September each recording officer
shall also prepare duplicate lists Of all said mort
cages. which lists shall Identify the several mort
% n TednrdaS Of and e NV fb Of the
parties, and shall contain the maximum amount
based, and shall also contain the results Of said
the Several Counties sa be prescrbed by the State
Board OF Tax Commissioners SO that they may
accord respectively with usages of the several
stantially in the form of the schedule hereto
and at the time OF certifying and fling they
in the caption and OF proper entries show
ing the prior matters indicated in the headings Of
arranged consecuttvey, according to the number Of
the volume ana Psge OF the record Of the r several
upward, and shall be distinctly ruled so as 10 pre-
titled by the recording officer said first Monday
of September. and duplicate forthwith filed by
him in the office OF the State Board of Tax Com
missioners. and the other duplicate IN his own
Office The lists 50 fled shall be public records.
open all reasonable hours for public inspection.
No change shall be made in the entries Of any hled
list except for the correction Of clerical errors.
and then only upon order Of the State Board Of Tax
Commissioners. Said Board shall have power
any time it's motion anybody's APP
plication, TO clerical errors TO De corrected
by appropriate entries in The Remarks column
OF the lists; and formal appeal, as hereinafter
prescribed shall be required for such purpose. II
shall be the duty Of recording officers TO report
10 the Board all clerical errors which may be
brought 20 their notice. Each recording officer
shall advertise the fact that said duplicate lists