Evening star., 1902-01-07

make affidavit as to It's and their gross
earnings for the preceding year, ending
June 30 each year, to the board of per-
sona1 tax appraisers, On or before the 18th
day of July in each year, and shall pay to
the collector of taxes of the District of
Columbia a sum equal to ~ per centum Of
its and their gross earnings as aforesaid
companies not Incorporated, such as ho-
tel companies and proprietors of hotels,
shall pay sum equal to SO per 1000 on
the assessed valuation of their furniture
in lieu of license rooms.
Express companies parcel delivery COM
panies, ice companies, title companies and
building associations, not Incorporated,
through their respective president secre-
tary or treasurer, shall make affidavit as
to Its OF their gross earnings for each fiscal
year ending June 80 to the board of per-
sonal tax appraisers, on or before the 18th
day of July in each year, and shall pay to
the collector Of taxes of the District of Co.
lumbia a sum equal to one and one-half
per centum of it's and their gross earnings
aforesaid.
Capital Stock of Corporations.
THE capital stock of all corporations.
other than those herein otherwise provided
for, organized in the District or Columbia
or under the laws of any of the states
territories of the United States, chiefly for
the purpose Of and transacting business
within the District of Columbia, except
those exempted by the laws relating to the
District of Columbia, shall be appraised in
bulk at it's fair cash value by the board of
personal tax appraisers, and the corpora
tions issuing 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 Columbia a sum equal to $40
per 81 600 on the assessed valuation thereof;
but from the assessed valuation of said
capital stock shall first be deducted the
value Of any and all real estate owned by
any such corporation in said District, which
real estate shall be separately taxed against
said corporation. Provided, That nothing in
this act contained shall be in any way con-
strued to affect the laws in relation to the
tax on street railroad companies or the act
of Congress, approved October /, 1890, for
the Incorporation of trust, loan and mort
gage companies. or section $50 of the code
of the District Of Columbia.
Personal property not in said District
and taxed elsewhere, but owned by persons
Board of Appeals.
Section 8. Said two appraisers herinbe
fore provided for, with the assessor of the
District of Columbia as chairman, shall
compose board of personal tax appeals
and as such board of personal tax appeals
shall convene in room to be provided
therefor by the said assessor on the first
Monday of September in each year, and
public notice of the time and place OF such
meeting shall given by advertisement
for two consecutive secular days in two
daily newspapers published in the District
of Columbia. 1t shall be the duty of the
board of personal tax appeals, between the
date of convening and October l of each
year, to hear all appeals made by any per-
son or persons against the assessments
made by the board of personal tax apprais
erS, and to impartia1ly equa1iZe the value of
said personal property as basis for assess
ment. Any two members of the said board
shall constitute quorum for business, and
in the absence Of the assessor a temporary
chairman shall be selected. They shall be
empowered to diminish or increase such
assessments as 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 said
board in such cases shall be final
Said appraisers shall also perform such
other official duties as may be required of
them by the assessor of the District of Co.
lumbia.
Provision Regarding De1inquencies.
'Section'4. That when the taxes on per-
sonal property due and payable in each
year shall not be paid on or before the
first day Of June, then, and in that event,
the collector Of taxes, or his deputy, may
distrain sufficient goods and chattels found
within the District of Columbia and belong
ing to the person. firm, association corpora
ton, company, administrator, executor,
guardian or trustee charged with such tax,
to pay the taxes remaining due, under the
provisions of this law, from such person,
firm, association, corporation, company, ad-
together with the penalty thereon, and the
costs that may accrue; and for want of
such goods and chattels said collector may
levy upon and sell at auction the estate and
interest of such person, firm, association,
corporation, company, administrator, ex-
ecutor, guardian or trustee in any
parcel of land in said District; and
tae ar interest hf in anS be any
subsequent to sale thereof shall be the
same as now provided by law, in the case
of sales for arrears of taxes against real
estate; and in the case of distraint of per-
sonal property the levy upon real estate
as aforesaid said collector shall imme-
diately proceed to advertise the same by
public notice to be posted in the Office Of
said collector and by advertisement three
times within one week in one or more of
the daily newspapers published In said Dis
trict, 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 II the said taxes and
penalty thereon, and the costs and expenses
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
said levy or taking of said property, the
collector shall proceed to sell at public auc-
ton, in his office, to the highest bidder
such property or so much thereof may
be needed to pay such taxes, penalty and
accrued costs and expenses of such dis
traint and sale.
"Said collector shall report in detail, In
sonal property to the Commissioners Of the
District Of Columbia or their successors in
office, and his accounts, in respect to every
such distraint or sale, shall forthwith be
submitted to the auditor Of the District Of
Columbia and be audited by him; any sur
plus resulting from such sale, over and
above such taxes, costs and expenses, shall
| be paid into the treasury and upon being
claimed by the owner or owners Of the
goods and chattels aforesaid shall be paid
| to him or them upon the certificate Of
| the collector of taxes stating In full the
amount of such excess.
Section s, That all taxes levied under the
provisions Of this act shall be due, paya-
| bile and collectible at the same time and
| times as the general tax on real estate in
said District, and shall be subject to the
| same penalties for non-payment thereof
| until distraint or sale. as hereinbefore pro-
vided.
| Clerk Provided For.
Section 9. That the Commissioners of the
| District Of Columbia be, and they are here
by, authorized and directed to appoint a
/ clerk to said board Of personal tax ap-
praisers, who shall perform such duties
/ ha 70 b,,t