The county record. [volume] (Kingstree, S.C.) 1885-1975, 1901-02-28
MILL TAXATI0H
County EquIization-Two Important
Bills.

One Cf the most important measures
that was passed at the recent session
OF General Assembly was that which
related to the assessment for taxation
on cotton mills, canals, cotton SEED
oil mills and fertilizer companies.
1t was shown during the discussion
| on the bill how unequal the assess
ment on cotton mills really Was and
why the inequalities could only be
remedied by a State board. 1t is the
most drastic tax legislation that has
been taken in many years. lie Senate
confined the Act to cotton mills, but
the House made it a great deal more
sweeping and took in cotton seed
mills and fertilizer factories.
Comptroller General Derham will
get TO work on the matter at once as
1t is evident that the Act was intended
TO apply to tkis years assessments.
| special appropriation Of 300 was
made to pay the expenses Of the ccm-
| mission for this year and Mr.. Derham
wants to get the assessments On the
books for this year as contemplated.
He will have the act printed for dis
tribution among the county auditors
at once and will send them out as
possible with instructions to the coun-
| ty auditors. The Act takes effect i'm
mediately upon its approval and as
will be noted, It has been approved.
The Act reads as follows:
An Act to provide uniformity and equ-
atty in the assessment of property
returned for taxation by persons.
firms or corporations engaged intex-
tile industries and canal providing
power for rent or hire, and cotton
seed oil companies and fertilizer
companies.
Section l. Be it enacted by the Gen.
eral Assembly OF the State OF South
! CaroECa, That all individuals, firms
or corporations engaged, or that may
! be hereafter engaged in this State, in
| the manufacture Of textile faIbr1cs OF
any kind and canals providing power,
for rent or hire, and cotton seed oil
| companies and fertilizer companies,
:. .I make their returns Of property,
belonging to or connected with such
! manufacture, as usual for taxation, 10
the auditor c. the County in which the
property is sttu2te, and after the same
shall be passed on by the township
and county boards Of equalization,
tb.y shall forward all sUah returns,
with such comments ard suggestions
as he shall see fit, to the Comptroller
General as soon as the time. for max
! ing returns has expired.
/ ~'L,-t - c,>r1l ~, Who d".v
of the Comptroller General to receive
! and sately keep such returns IN MS
Once. ana the state board OF equal
! zation shall meet annually at Column
b!a at such time and place in the said
city as shall be fixed, and notified TO
them by the Comptroller General. and
( when they so convene, he shall lay
before said returns, with such COM
merts and suggestions as he may see
| fit.
Section 8. That said State hoard OF
equalization are here by authorized
and empowered to Investigate ana
pass on said returns and to elualize
the same, both as to real and personal
property, in order to obtain uniformi-
ty Of taxation upon the property OF
such Industries; and to the end may
adopt and promulgate such rules and
regulations as may be just and equll-
able. In case any return so laid before
said State board is raised by 1t, then
and in such case an adjourned meet
ing must be fixed by the board Tor
haring til party or corporation whose
return IS raised, and due notice there
of by mail must be given at said meet
ing to said party or corporation.
Section 4. That when said State
board shall have finally acted on sa q
returns their action shall be certified
to the Comptroller General, who shall
transmit the slme in so far as to al
feet the property Of any county to the
auditor OF said county, fho shall enter
the same according to law on the tax
! books OF his county.
Seo:fon 5. That all Acts or parts
! ps Acts inconsistent with this Act be,
and the same are hereby. repealed.
Sertion s. This Act shall take ef'
feet upon its approval.
Approved February 10, 1901.
l. will first of all be necessary for
the county auditors to send copies OF
the rerurns, under the classes indta-
ted, to the Comptroller Generals offi-
ce with such information as may be
available, for the information OF the
State board of assessors.
COUNTY EQUALIZATION OF
| TAXES.
| Another important tax measure th2t