Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1903-10-15
TAXATION, AGAIN.

i Mr.. EDITOR Property, for conven.
fence OF discussion, we will treat I'M
/ der two classes, visible and invisible.
/ Visible consists OF real estate, live
/ stock. manufactured articles. produce,
etc, something that can readily be
found and seen; something that those
engaged in taking the list may easily
/ find and set in the inventory OF the
owner, Tor the purposes OF taxation.
Referring to former article Of the
$1,000 purchase of real estate. the $500
/ pay ment and the $500 mortgage. we
will suppose that A, the purchaser. has
at the time Of giving in his list $3.50
worth OF neat stock, personal proper
ty under the law as now written A
may claim and obtain an Offset for that
amount on debt owing 10 B, who may
be living in another town, or another
state ii in another town. the value OF
the stock, $3.50, will be transpOsed to
the town where B lives and thar
amount be set in BIS list unless B has
chance 10 Offset il again and il may
be Offset into oblivion, as far a. taxa
ton is concerned.
Wouldn't it be better if all visible
property were taxed in the town
where 1t is kept or owned Wouldn't
it be better If there were no offsets?
Someone owns all the visible prop
erty, and let the real owner pay the
taxes and avoid the legal jugglery of
transferring from one town to anoth- !
er, or by continual legerdemain put
ting it out OF sight entirely.
As We shall not use AS real estate
financial tragedy illustration after this |
paper it may be well to note that after
some years OF hard labor and hard |
lnck, coupled with poor health and |
financial losses, together
with the decline in value OF real estate.
he finds himself unable to meet his
payments on the farm. B uses his
legal privilege and brings a suit Of
in a court o. chancery.
The honorable court grants a decree to
mature July lst, in the year -.
Poor A, 10 avoid any trouble, knowing
be could not mature and harvest any
crop before July LIST. picks up his be-
longings and with his small family sor-
rowfully leaves his home with an its
sweet memories and tender recollec-
ions May LIST. The place that had
been his Eden now is his no more.
He secures employment sufficient to
support his family. but whenever he
has leisure time be may be seen view
ng the scenes so pleasant and familiar
o him in his old home Here be had
cleared away the bushes and made
productive the waste places. There
ne had planted fruit and shade trees
md in other places he had made per-
nanent Improvements. His heart
ongs and yearns for his old home. and
lie Is forcibly reminded that BLESS
ngs brighten as they take their flight.
'ut il is all over now. He has lost il
orever. He is starting in fresh again.
sec. 36S vt. Statutes reads Tax
BILE real estate shall be set in the list
o the last owner or possessor thereof.
n the first day of April in each wear.
q the town, village. school and fire
istrict where it is situated. and Sec.
69 reads :-"It real estate Is mort {
aged, the mortgagor shall, for the J
OF taxation, be deemed the
wner thereof until the MORTGAGE !
axes possession, after which the mort
agee shall be the owner. I
Inc taxes are made out against A [