The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-03-07
Machinery Act Out of the
House.
Continued from First page.)

Mr. King favored il. saying it would
certainly increase the revenue.
Governor Dcughton said that the
amount Of insurance should not come into
this section, for it was not a subject Of
taxation, but simply prylug into a mans
business. Re called attention to the
TACT that the business interests Of North
Carolina were greatly alarmed at the
Revenue and Machinery Acts passed in
1901, and begged the House TO give no
further cause for uneasiencss.
Amendment was lost.
judge Graham offered the same amend
ment for section "a. Reports from cor
poratlons. Lost.
lie sent forward another amendment,
To be added at the end Of this section,
tnat the Auditor shall list all such re-
ports from corporations.
MIR. Cowan offered to amend section
50. concerning tangible and intangible
property of railroads by striking our the
division or branch and leaving
page property of such rail
rton opposed this on the ground
Mould mean the assessing of the
of branch lines in the same
hat of the main line, which would
I'M on account Of the difference
in the qual ty Of the property.
Mr.. Co9an thought that, as it stood,
there might be danger of some of the
property escaping on a tcehnicality
The amendment was lost
In section GO, What property exempt,
Dir Morton's amendment regarding prop
erty of religious, literary or benevolent
associations. etc, providing that the
rents from such property shall be OK
cmpt unless used for other purposes than
religious. educational Or charitable OF
to pay interest on bonds for such pur-
poses. was accepted
judge Graham amended his new sec
ton, S0is adopted on Thursday night,
by making the sheriff liable to punish
ment for misdemeanor if he fail to sup
ply the commissioners with a list within
30 days after this act and every six
months thereafter, of all taxable proper
Yty in his county that would come under
Schedules b and C.
There we're no further amendments
and the biz. as amended. was passed on
it's second and third readings without
opposition, and ordesed sent TO the Sen
ate without engrossment
ADJOURN MONDAY.
4
that the House of Representatives adj
journ sine die on Monday, March 9Th
referred to Committee on Rules,
A resolution came over from the SEN
ate providing for an appropriation Of
$4,000 for an exhibit at the St, Louis
Exposition. to be used under the direc-
ton EFF the Governor and his Council,
provided that the money be DOT expended
if in their opinion there is any danger
of deficit. Referred to Committee on
Appropriations.
The House or motion Of Mr. Smith
did not concur in the Senate's amend
ments to the Bond Issue Bill. and the
Sneaker appointed Messrs. Guion, Smith
Nowland Graham, Watts Blount and
Doughton . committee 10 seoafar with ii
l,sss conay ittee.
s'e ns,,e senate amendments to the Bond
80. Bill provided that the amount be
,ast with the Governor and the Treasurer
20 decide. not to exceed S500,000 that 4
ner cent shall be the highest rate OF
interest instead Of 8 per cent.
On motion of MIR. Blount. five addition
al members were appointed on the con
ference committee on the Roanoke Island
celebration bill, as follows Messrs.
davidson. Guion. Gay Beasley and Alex
ander of Mecklenburg.
The House recalled from the Senate
the bill providing for the Agricultural
College building.
BY consent the following new bills
were introduced.
Bryan. of Wilkes: To incorporate the
town of Ropda.
Fuller. of Durham: For the relief Of a
/. school teacher Of Durham.
smith. of Gates, To incorporate the
Hank of Ellington.
smith: To allow the Secretary OF
state to incorporate banks during ne
interim Of She General Assembly.
The last two passed on Immediate
readings.
rhc House took recess until 4:So p. m.