Evening star. [volume] (Washington, D.C.) 1854-1972, 1902-04-01

ticiiS shall We CONSTRUED TO lNCluQe HeWSpd-
per, real estate and mercantile companies
which are or may be Incorporated for the
purpose of conducting kinds or classes of
business usually conducted by individuals
and which by reason of Incorporation re-
ceive no special franchise or privilege, but
all such corporations shall be rated, as.
sessed and taxed as individuals conducting
business in similar lines are rated assessed
and taxed.
Personal Property Exempt.
Personal property not held for sale, and
| not over the value of $500, shall be exempt,
and personal property not in said District
and taxed elsewhere, but owned by per-
sons domiciled in the District, shall be ex-
empt.
Sec 3. That the two appraisers hereinbe-
fore provided for, with the assessor of the
District of Columbia as chairman, shall
compose a board of personal tax appeals,
and as such board of personal tax appeals
shall convene in room, to be provided by
the assessor on the first Monday of De-
cember in each year, and public notice of
the time and place of such meeting shall
be given by advertisement for two conSecu-
tive secular days in two or more daily
newspapers published in the District. a.. 1t
Shall be the duty of the board of personal
tax appeals. between the date of converting
and the Dist day of December of each
year, to hear all appeals made by any per-
son or persons against the assessments
made by the board of personal tax APP
praisers and to impartially equalize the
value Of personal property as a basis for
| assessment. Any two members of the said
board shall constitute a quorum for bust
ness, and in the absence of the assessors
temporary chairman shall be selected. They
shall be empowered to diminish or increase
such assessments they may believe to
have been returned at other than their true
value to such amount as, in their opinion,
may be the value thereof, and the action of
the board in such cases shall be final The
appraisers shall also perform such other
official duties as may be required of them
by the assessor of the District of Columbia:
Provided, That in case the appraisers shall
fail to complete any Of the duties IN this
act to be by them performed within the time
provided therefor the taxation provided by
this act shall not by reason thereof be in
valid; but such appraisers shall proceed
with all reasonable diligence to complete
such duties. and their acts shall be valid
as If performed with the time fixed there
for.
When Tax is Not Paid.
When the taxes on personal property
due and payable in each year shall not be
paid or before the first day of June,
then and in that event the collector of taxes
Of the District, or his deputy, may distran
sufficient goods and chattels found within
the District and belonging to the person,
firm, association, corporation, company,
administrator, executor, guardian or truS-
remaining due, under the provisions of this
law, from such person, firm, association,
corporation, company. administrator, ex-
ecutor. guardian, or trustee together with
the penalty thereon and the costs that may
accrue; and for want of such goods and
chattels the collector of taxes may levy
upon and CELL at auction the estate and in
terest of such person, firm association,
corporation, company, administrator, exec
utor, guardian or trustee in any parcel of
land in the District; and in the case of the
levy on any estate or interest in land the
proceedings subsequent to sale thereof shall
be the same as now provided by iaw in the
case of sales for arrears of taxes against
real estate; and in the case of distraint of
personal property or the levy upon real
estate as provided the collector of taxes
shall Immediately proceed to advertise the
same by public notice to be posted in the
Office Of the collector and by advertisement,
three times within one week. in
more of the daily newspapers published in
the District stating the time when and the
place where such property shall be sold,
the last publication to be at least six days
before the date of sale, and if the taxes
and penalty thereon. and the costs and ex-
penses which shall have accrued thereon,
shall not be paid before the day fixed for
such SALE which shall not be less than ten
days after the levy or taking of the prop
erty, the collector shall proceed to sell at
public auction in his Office, to the highest
bidder, such property or SO much thereof
as may be needed to pay such taxes pen
atty and accrued costs and expenses of
such distraint and sale. The collector shall
report in detail, in writing, every dis
tratnt and sale Of personal property
to the Commissioners of the District of Co
lunbia or their successors In office and his
accounts in respect to every such distraint
or sale must be submitted to the auditor of
the District of Columbia and be audited by
him. Any surplus resulting from such sale
over and above such taxes, costs and ex-
penses Is to be paid into the treasury
and upon being claimed by the owner or
owners Of the goods and chattels as pro-
vded is to be paid to him or them upon
the certificate of the collector of taxes.
stating in full the amount of such excess.
Payable With Real Estate Tax.
All taxes levied under the foregoing pro-
visions Of this act shall be due, payable
and collectible at the same time and times
| as the general tax on real estate in the
District, and shall be subject to the same
penalties for non-payme0t thereof until
distraint or sale as provided.
Private banks or bankers not INCORPORATED
are to pay tax of 81 900 per annum Ev-
cry person, firm, company, or association
not Incorporated having a place Of bust
ness where credits are opened by the de-
post or collection of moneys or currency
subject to be paid or RENTED upon draft
check, or order, or where money Is ad-
vanced or loaned on stocks, bonds bullion,
bills of exchange, or promisSory notes. or
| where stocks bonds, bills of exchange or
promissory notes received for discount
or for sale, shall be regarded as a private
bank or banker.
Tax on Brokers'
General brokers shall pay a tax of $500
per annum Every person firm compauy