The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1901-08-23
DUTIES OF
ASSESSORS
General Act Of 1901 Concerning
Taxation.
A List of Property In New Jersey
That Is Taxable and That Is Not
TaxabIe-The Statement BY the
State Board of Taxation.

The general act concerning taxation,
approved March 20, 1901, chapter 189,
clearly defines the duties of assessors,
and is as follows:
l. 1t shall be the duty of the county
board of assessors of each county OF this
state, and of the county boardof equal
ization in counties of this state where
such boards exist, when assembled at
the annual meeting as provided by law,
to fill out table of aggregates, copied
from the duplicates of the several asses
sors and enumerating the following
items: ID the total number of acres
or lots assessed; (2) the valuation of
real estate assessed; (3) the value of
personal estate assessed; a. the total
amount of deductions for debts claimed
and allowed in each taxing district; (5)
the total amount of exemptions allowed
firemen, veterans and members of
militia; co. total net valuation taxable
the number of polls assessed; (S) the
tax on each poll; the total valuation of
property exempt from taxation in each
taxing district, specifying particularly
and by separate items: (a) the amount
of public school property; (b) the amount
of other school property; (c) the amount
of public property other than school
property; (d) the amount of church and
charitable property; (e) the amount of
cemetery property and graveyards; (f)
the total value of exempt property in
each taxing district; (10) the amount
appropriated to each taxing district for
state school tax; (11) the amount ap
portioned to each taxing district for
county expenses; (12) the tax rate per
one hundred dollars of valuation in
each taxing district; the blanks for fill
ing out these tables of aggregates shall
be provided by the state board of taxa
ton and sent by the said board to the
county collectors of the several counties,
to be by them transmitted to the county
boards of assessors or county boards of
equalization at their annual meetings.
2. Such table OF aggregates shall be
correctly added by columns, and shall
be signed by each and every assessor
present, and by the members of the
county board of equalization in coun-
ties where such boards exist, and shall,
within three days after such meeting,
hot %,,a. faI 70 fhn nnIInOtnr.
who shall file the same and cause it to
be printed in its entirety, and shall
transmit certified copy of such printed
table of aggregates to the state comp
troller, the state board of taxation and
the clerk of each municipality in such
county.
8. All acts and parts of acts, special
or general, inconsistent with the pro-
visions of this act, be and the same are
hereby repealed.
4. This act shall take effect immedi-
ately.
The State Board of Taxation has
given out statement of what property
in New Jersey is, and what is not tax
able as follows:
Taxable property-mortgages on lands
in other states. Stocks in foreign corpor-
ations, and personal property of citizens
of this state situate in another state on
which the taxes have not been paid with
in the la t twelve months. Visible and
tangible personal property and house
hold goods, farm implements, machin-
cry, live stock, stock in stores and the
the like, street cars telephone and
telegraph instruments. Debts due from
solvent debtors who reside in New Jer-
sey. Mortgages, when deductions have
been claimed and allowed, except under
Five County act Money, such as gold
and silver and treasury notes, U. S. GER
tificates. Goods temporarily bought for
sale into city after the third Wednes
day in July, under act of 1890; goods
and merchandise (not in transit tenn
porariIy in taxing district, and bought
after commencement. Vessel property
owned by residents in New Jersey or
registered in part of New Jersey.
Building and loan associations, to the
full amount of their capital stock and
surplus. Saving banks. Insurance COM
panies
Exempted-Property of the United
States. Property of New Jersey. Mum
icipal property. Municipal bonds. Prop
perty out of the state, on which taxes
have been paid. Colleges, academies.
school houses. churches and parsonages.
Funds and buildings of charitable organ
izations. Endowment funds of religious
societies, etc. Cemeteries and grave
yards. Camp meeting associations. Arm
ories and property of armory associations.
Hospitals. Property of volunteer and
firemen's relief ASSOCIATE ons. Biological
and fish stations. Road lands and real
estate of turnpike companies
Non taxable-Goods in transit I'm
ported goods in original packages. Dep
osits in savings banks, when the banks
are taxed on capital stock. Franchises.
goods on consignment Stock in nat
ional banks located in other states.
Shares of stock of railroads and canal
companies. Shares of stock of corpor-
atisns. Mortgages in counties included
in the Five county act and where ded-
uction has not been claimed by the