The Montgomery advertiser., 1903-10-09
A,Nj AtrI|'

10 rsssnd ars Act entitled au Act .ro o. tst. sss
 .er provide fos the revenue Of the
 Slate. approved March {, 1903.
 Be 1t enacted by the Legislature of Ala
 ter psoras iS sor as s. ressu. s Ass ts. tc s approved March eth. 1903, be amended n follows: That Section 10 of saA act be anended Q as to read as follows: Sec. any county shan find or 1t snail otbsrw,Ss come to his kuowledse that any person or property has been assessed at what he cousiders an undervaluation. it shan bs ment against such person or property snd to return the same to the court of Coufi- " Commfssioners or other court of like Jurisdiction. et the next succeeding term eommissioner upon such undervaluation. and unIess they are fully sAtisied Vhsf such undervaluation does not exist they shall give notice. try. and dispose of said valuation; provided, that no taxpayer shall be required to have the Valuation of ms ms assessed property passed upon by the board under proceedings by service of citation on him by the board more than one time during the same tax year: and. provided, further. that where any tax payer has had the valuation of any prop erty nxed either by agreement with the Court of County Commissioners. or other court of like Jurisdiction. or in the Circ,,it Court. that In that event the valuation so nree npt m snan pc the valuation of the prop year; provided. that the property remain substantially in the same condition as to improvements. Tax commissioners shali from such additional assessments Tax commissioner may appeal within ten days to the Circuit Court from the order
 Sec 2 That said act entitled an Act to better providf fo- the revenue of inc State be further amended by addine tbere- to the following additional sections. A. Every foreien corporation. except rail- express and sleeping car, life and fire in, sura1ce companies building and loan as- sociatfons: banks or banking associations. authorized to do business under the gem bate of the county fin which 1t has resi-. dent agent, license fee of one.tenth of one per .centum for the use of the State. ana sh or one-han that sum for the use of its corporate franchises or for carryinS on it's corporate business in such cs,rpc- rate or organized capacity in this State, actual amount of capital empioyed bv if within this State. The tax hereby imposed shall be due and payable on the first da Y ed, e1 y,annary of esci year by every such in this State. to be computed upon he basis of the amount of capital acfuaiiv employed by 1t within the State durinr the year preceding such date. Every for business in this State, shall pay to the State Treasurer. for the use of the State a tax of one-tenth of one per centur, upon the amount of capital to be actually employed in this State before fllinw sn the oflce of the Secretary of State the paper necessary to entitle it to do business in the state. B. The President, or other executive head. and the Secretary, of every foreign corporation subject to a tax under this act, shall make a written state ment. under their oaths. to the Judge of Probate, If the tax Is payable to him, or to the State Auditor. if the tax Is payable to the Treasurer, showing the name of the corporation. the State or county under whose laws 1t was incorporated, it's prin- cipal place of business in the State the total amount of it's capital stock, the &C., tual amount of capital employed in this State if 1t is a corporation at the time of the statement authorized to do busi- ness in the State. or the actual amount of capital 1t is proposed shall be employed in the State if it is a corporation not then qualified to do business in the State. The Judge of Probate, or the Auditor, as the case may be, shall have power to sum- mons before him any of the officers of the corporation, or any other witness, and to swear and examine them and to inspect any of the books, papers or documents of the corporation, and for that purpose to compel their production; and if he is satisfied from evidence thus obtained that the amount of capital of the corporation actually employed, or to be employed, as the case may be, in this State, is placed in the statement at a less amount than 1t should be. 1t shall be his duty to demand payment of the tax upon the amount of capital which he finds is actually employ ed or to be employed in this State. Either the State OF the corporation may appeal from his finding to the Circuit Court In the same manner as may be done when the. Court of. County Commissioners passes upon a. contested assessment of for taxationa and the proceedings subsequent to the appeal shall be the same as in such cases. c. No foreign which has paid the taxes re- quired under this act shall be required to pay taxes imposed by subdivision 24 of Section APP. or Section 1921. of the Code. D. No foreign corporation required to pay a tax under this act shall do any business in the State of Alabama not constituting interstate commerce, or maintain or de- fend any action in any of the courts of this State, upon a contract made iD this State other than contract based upon in- terstate commerce. unless such corpora ton shall have paid such tax within sixty days after the same became due. Pro- vided, that this Act shall not apply to foreign corporations engaged in the busl- ness of lending money in Alabama. This Act shall not take effect till January 1 1904. The payment of the franchise tax in any one county shall be sufficient, not the corporation may do busi- ness or have a resident agent in more than one county.
 Sec. B. The enumeration of subjects of taxation in Section 391l of the Code of Alabama, as amended by said Act. shall not be construed so as to interfere. iE any way. with the exemptions from taxa. tion provided by law.
 Sec. 1. That Section n25 of the Code Ae amended to read as follows: The Court of County Commissioners of each county. except in the cases otherwise provided may at any regular or special term add to the taxes specified in the last preceding section such amounts not exceeding fifty per centum of such taxes for county pur- noses as in their judgment may be neces- sary. and no license shall be issued with out the payment of such percentage for county purposes; provided, that the pro- visions of this or the preceding section shall not affect the exemptions provided by any city charter.
 Approved Sept. 30, 1905.
 Of1cial: ,.,
 Secretary of State.