The McCook tribune. (McCook, Neb.) 1886-1936, 1903-04-24

49, VI INV oNaNE Vi u htAEacEu DCI SOu
by the executor or administrator.
The property of a corporation whose
assets are in the hands OF a receiver
by such receiver.
The property Of corporations. by the
president or proper agent or officer
thereof,
The property of a firm or company,
by the partner or agent thereof.
The property of manufacturers and
others in the hands of an agent. by and
in the name of such agent, as mer-
chandise.
LISTING THE PROPERTY.
Personal property shall be listed
where the owner resides. Corporation
property shall be listed where the head
office is located. If there be no head
office in the state the property shall
be listed wherever business is trans
acted.
When the owner of a farm has land
in several precincts it shall be listed
where he resides. Live stock in the
hands of a care taker shall be listed
where it is kept. All property may be
seized and sold for taxes. Every arti-
Gle Of personal property must be en-
tered in the blank list which the assess
or shall present. This must be sworn
to. For tax lodging fines are pre-
scribed.
INSURANCE COMPANIES.
The following taxes and assessments
are imposed on insurance companies,
pipe lines, grain brokers, pawn brokers
and railroads:
Sec. So. Each and every re insur-
ance company organized under the
laws of any other state or county, and
~transacting business in this state, shall
be taxes in the county. town, city,
village and school district where the
agent conducts the business, Upon the
gross amount of premiums received by
it for insurance written upon property
within the state during the preceding
year. Such gross receipts to be taken
as an item of property of that value
and to be assessed and taxed or the
same percentage of such value as other
property. Inc agent shall render the
list and be personally liable for the
tax. If he refuse to render the list,
or to make affidavit that the same is
correct, the amount may be valued and
assessed according to the best informa-
ton of the assessor.
Sec. SO. Every life insurance, and
accident insurance, or life and accident
insurance company organized under
the laws of any other state or coun-
try, and tr~ansacting business in Ne
braska, except fraternal beneficiary
associations and such mutual COM
panies Is operate on the assessment
plan, have no capital stock and make
no dividends, and whose scheme of in
does not contemplate the re-
turn Of any percentage of earnings or
profits to policy holders, shall, at the
time of making the annual statement
as required by law, pay into the state
treasury 2 per cent of the gross
amount Of premiums received by it
during the preceding calendar year for
business done in this state, including
all insurance upon the lives of persons
residing in the state, whether such
insurance was written during such pre-
ceding year or prior thereto. At the
time of paying said taxes such COM
panies shall take duplicate receipts
therefor. one of which shall be filed
with the state auditor. No certificate
shall be issued by the auditor to or
behalf of any such company author
izing it to do or continue business in
state while any such percentage
or tax remains due and unpaid.
Sec. 60. Every surety company Or
ganized under the laws of any state or
country other than the state of Ne
braska, and transacting business in
state, shall, during the month of
January of each year. make out and
file with the state auditor an itemiZed
statement verified by the president. or
vice president, and secretary, showing
detail the gross receipts from all
business transacted in this state dur
ing the preceding calendar year. in
the gross premium on all sure
ty bonds of obligations of every kind,
and shall at the same time pay into
the state treasury as a tax on such
business, 2 per cent of such gross re-
No certificate shall be issued
by the auditor to any surety company.
Dr. agent thereof. authorizing it to do
Or continue business in this state while
any such percentage or tax remains
luC anu unpolu. !
Sec. 81. Every life, fire or accident
insurance company, or surety COM
)any, organized under the laws of this
state, except fraternal beneficiary as
;o%ciations, and mutual companies that
on the assessment plan, have
no capital stock, and make no diyi-
lends, shall be taxed in the county,
city. village and school district
where the agent conducts the business
lpon the gross amount of premiums
'eceived by it for all business done
the state during the preceding
year. Such gross receipts
shall be taken as an item of property
If that value and be assessed and taxed
IN the same percentage of such value
Is other property. The agent shall
'ender the list, or make affidavit that
he same is correct, the amount may
)e valued and assessed according to
he best information of the assessor.
CORPORATIONS.
Sec. 6S. Street railways, waterWOrks,
light and ~gasworks, natural
;as, mining and all other companies
nd associations incorporated under
he laws of. or doing business in, this
tate other than those specifically