Evening star. [volume] (Washington, D.C.) 1854-1972, 1902-06-28

each electric lighting and telephone com
pany, per cent. And in addition thereto
the real estate, ownfd bH each national Oh
gas, electric lighting arN telephone com.
pany In the District Of Columbia shall b.
taxed as other real estate in said District
Provided, That street railroad companie.
shall continue to par the,a per cent per an
mum on their gross receipts and other take.
as provided by existing NV and insuranc,
companies shall continue to pay the IL pei
cent on premium receipts, as provided l.;
section $50 of the code Of The District Of
Columbia.
That so much of the act approved Octo
Der l. 1880, entitled AN act 10 provide fol
the incorporation of4trust, loan, mortgage
ana certain other corporations within thu
with the provisions of this section is hereb,
repealed.
Guarantee and Fidelity Companies.
Par. 9. An companies who guarantee the
fidelity Of any individual or individuals
such as bonding companies, shall pay to
the collector of taxes Of the District OF
Columbia Ia per cent of their gross re.
ceipts in the District of Columbia
Par. z. Savings banks having no capital
stock and paying interest to their deposftors
shall, through their president or cashier
make affidavit to the board of personal tax
appraisers on or before the first day OF
August In each year as to the amount OF
their surplus and undivided profits, and
shall pay to the collector of taxes Of the
District of Columbia sum equal to III
per cent on the amount of their surplus and
undivided profits on the 30th day of June
preceding.
Par. 3. The capital stock of all corpora
tons, other than those herein provided for
organized in the District Of Columbia OF
under the laws of any of the states or ter
ritories of the United States chiefly for the
nnrn0Sa h1,c xY-ff +,
the District of Columbia, except those ex-
empted by the laws relating to the District
OF Columbia, shall be appraised in bulk at
Its fair cash value by the board of personal
the same shall be liable for the tax thereon
according to such value, and shall pay to
the collector of taxes of the District Of Co.
lumbla sum equal to " per cent on the
assessed valuation thereof; but from the
assessed valuation of such capital stock
shall first be deducted the value of any and
all real estate owned by such corpora ton
in said District which real estate shall be
separately taxed against said corporal ion
provided, That nothing in this act con-
tanned shall be construed to include news
paper, real estate, and mercantile COM
panles, which by reason of incorporation
receive no special franchise or privilege,
but all such corporations shall be rated,
assessed and taxed as individuals conduct
ing business in similar lines are rated, as
sessed and taxed.
Par. 9. Building associations shall pay to
the collector of taxes of the District of Co
iumDla per cent per annum on their gross
earnings for the preceding year ending June
80.
Exemption From Taxation.
Par. 10. The following personal property
shall be exempt from taxation:
Flrst-The personal property of all Ii
brary, benevolent, charitable and scientific
incorporated under the laws of
the United States of the District of Co
lumbia and not conducted for private gain.
Second-Libraries. school books, wearing
apparel, articles of personal adornment, all
family portraits and heirlooms.
Third-HouSehold and other belongings,
not held for sale, to the value of 81 600,
owned by the occupant of any dwelling
house or other place of abode, in which
such household and other belongings may
be located.
Board of Personal Tax Appeals.
Par II. That said board of assistant az
SCISSORS hereinbefore provided for, with the
assessor of the District Of Columbia as
shall composed board of person.
al tax appeals, and as such board of Fer
sohal tax appeals shall convene in 4 room,
to be provided therefor by the said asses
scr, on the 18th day of November in each
year, and public notice of the time and
pldce ol SUCH meeting Snall be given by
for two consecutive days in
two daily newspapers published in the Dis
trict of Columbia. ut. shall be the duty of
the board of personal tax appeals, between
the date of converting and December 10 Of
each year, to hear all appeals made by any
person or persons against the assessments
made by the board of personal tax ap-
praisers and to impartially equalize the
value of said personal property as a basis
for assessment. Any four members of the
frtn Fo,.
business, and in the absence of the assessor
a temporary chairman shall be selected
They shall be empowered to diminish or in
crease such assessments they may be-
lieVe to have been returned at other than
their true value TO such amounts as. in
their opinion, may be the value thereof,
and the action of said board in such cases
shall be final Said board Of assistant as
SCISSORS shall also perform such other Off
cial duties as may be required of them by
the assessor of the District IF Columbia;
That in case the personal tax ap-
praisers shall fail to complete any of the
duties in this section to be by them per-
formed within the time provided therefor
the taxation provided by this section shall
not by reason thereof be invalid; but such
appraisers shall proceed with all due dill
gence to complete such duties, and their
acts shall be valid as If performed within
the time fixed therefor. If, at any time
within the current year, property subject
to taxation under the provisions of this
section shall have been omitted from as
sessment, said board of personal tax ap-
praisers shall Immediately proceed to assess
the same for the then current year, giving
notice In writing to the persons or corpora
lions so assessed who shall have a right Of
appeal within ten days from date of said
notice.
DISARMAMENT by Collector.
Par. II. That when the taxes on personal
due and payable in each year
shall not be paid on or before the 1st day
of June, then and in that event the col
lector of taxes Of the District of Columbia
or his deputy may distrain sufficient goods
and chattels found within the District Of
Columbia and belonging to the person,
firm association, corporation, company, ad-
ministrator, executor, guardian or trustee
charged with such tax to pay the taxes re-
manning 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 NAV
accrue; and for want of such goods and
chattels said collector of taxes must lew
upon and sell at auction the estate and in
terest OF such person, firm, association.
corporation, company, administrator, ex-
ecutor, guardian or trustee in any parcel
of land in said District; and in the case of
the levy on any estate or interest in land
he cy1hc