The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1903-03-11
AN ACT

No 1917 Oh 149.
To better provide fo- the revenue of the
State.
Be 1t enacted by the Legislature
of Alabama, That subdivision TWO
of Section 1897 of the Code as amended by
tn. General Assembly, approved March D.
1901, be amended 50 as to read as follows;
O. All bonds of the United States
and of this State; all property real ana
personal, of the State, and OF the county
and municipal corporations in the State;
all cemeteries (but where cemeteries are
owned, held and lots sold therein for
profit the same shall not be exempt and
all lots in incorporated cities and towns.
or within one mile Of any city or town,
to the extent of one acre, and all lots
one mile or more distant from such cities
or towns to the extent of five acres, with
the buildings thereon, when the same
are owned and used exclusively for re-
ligious worship, educational or purely
charitable purposes; all school furniture
and personal property used exclusively
for school purposes; and all property,
real or personal. to an extent not exceed
ing twenty-five thousand dollars in value,
that may be used exclusively for agri-
cultural or horticultural associations of a
public character.
l1lal OeCliOn VI All dCl ciiitl1d oii ~
to exempt cotton and other agricultural
products, and pig iron from taxation in
the hands of the producer. or in the
hands of the purchaser, purchasing the
same for prompt shipment, approved
February sd, 1899 be amended so as to
read as follows:
Section /. That cotton and other agri-
cultural products and pig iron shall be
exempt from taxation in the hands Of the
producer or the hands of a purchaser,
purchasing the same for prompt ship
ment. and pig iron shall be exempt for
II months after its production.
That that part Of Session 1911 of the
Code of Alabama. which Is In words and
figures as follows to-wit: '391l (453.)
Subjects and rate of taxation. For the
use of this State, and to raise revenue
therefor, there is levied an annual tax
of ffty-ive cents on each hundred dol
lars in value upon the following prop
erty:" Is hereby amended so as to read
as follows, to-wit:
3911 (453.) Subjects. Objects and Rate
of Taxation.--There is hereby levied for
the purposes named. upon the property
hereinafter named, in lieu of all taxes
heretofore levied, annual taxes as fol-
lows, to-wit:
(a) For the maintenance Of the public
schools of the State thirty cents on each
hundred dollars of the assessed valua-
ton of taxable property;
OBJ To carry out the provisions of an
act For the relief of Needy Confeder-
ate Soldiers and Sailors. resident citizens
of Alabama and their widows approved
February I'D. 1899, to be separately re-
ported by assessors and collectors and
set apart in the treasury, ten cents on
each hundred dollars of the assessed
valuation of taxable property;
Co For the use of the State and to
raise revenue therefor twenty-five cents
on each hundred dollars of the assessed
valuation of taxable property.
That subdivision Of Section 1911 of the
Code be amended so as to read as fol-
lows:
4. All stocks of goods, wares. mer-
chandise. the assessment to be on the
average amount on hand during the pre-
cedine year, but the amount so assessed
shall in no case be less than the capital
actually employed in the business and
this shall include all goods, wares, and
merchandise, kept on plantations or
elsewhere, or by railroad companies or
manufacturing companies, or other assoc
Citations, companies, or persons. for sale
or to be dealt out to laborers or en-
ployes for profit. or on account of their
wages, and shall include all goods, wares
and merchandise offered for sale by any
person commencing business subsequent
Iy to the first day OF October of cur
rent year, but In such case the tax shall
be apportioned according TO the date at
which the business shall be commenced,
so that II commenced after the first day
of January, The tax shall be three
fourths of the tax for the whole year; IL
commenced after the first day of April
the tax shall be one-haIf of the tax for