The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1904-10-14
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e tror1 the shareholder. All corpora
tons are required to furnish state
,lments in great detail and the assessor
HIS given authority looking 10. a com
slplete return. 40 deduction from
s money. credits and investments will
he allowed unless the Indebtedness Is
listed IN the return Separate munich
Ipal assessments are abolished The
cities will be required TO adopt the
county assessment. The assessing OF
the coal, oil. gas, minerals aud tim
Der, when freehold estate held by
tanother than tie owner Of the sur
! face. IS to be at it's actualsSalue, sub
icct TO change annually as itincrcases
/ that this Law VIII attract capable men
or the position Of assessor.
Collection of Taxes,
Chapter five makes the sheriff treas
a:ev OF the county and collector Of
taxes and provides for the collection OF
taxes and how delinquencies are to be
returned. Also fixes the sherif's com
pcnsation at 5 per cent. reduction
in many counties, and extends the dis
count period to the last day OF No
Yember.
Collateral inhcrItances.
Chapter six relates to the taxes OH
Collateral inheritances devises,. dis
trlbuttve shares and Iegacios makes
the law complete. Largely Increased |
revenues are expected from this law
Appraisement of Estates
Chapter seven provides FOR the ap-
pmisement OF estates. The estates of
deceased persons must be appraised
and the appraisement entered on rec
ord. All evidences of Investments and
credits must lie endorsed appraised
by the appraisers. No judgment shall
be entered upon any note or other evi.
dcnce of indebtedness belonging to a
deceased person until it has been ap-
praised.
This law will bring much property
IN 10 the tax duplicate.
County Treasurer.
Chapter eight prescrtbcs the duties
If the sheriff as ex-of1icto county treas
lrcr. of his county. :
Reduction of County Taxes.
One OF the most important laws is !;
chapter nine. 1t reduces the limit or +
maximum of county levies from ninety
i've to sixty cents on the hundred dol )
ars hereafter. This effects saving, !
II most districts of thirty-five cents. !
Settlement With sureties. :
Chapter ten authorizes the auditor
0 settle with sureties of defaulting
SCISSORS or sheriffs.
Fees of Officers-JaiI Fees. 4
Chapter eleven fixes the fees of GER E,
ain county officers. The important
Ranges are few. One allows the clerk
Or recording deeds Of conveyance, u
tc, and transferring same on land II
ooks, but $1.25 instead of 50, as now
harged.
The fees of the county jailer in fell
ny AND misdemeanor cases shall be &
aid by the county. This will save
he State from $4,000 to $4,000 .,
ear and induce economy.
Vital Statistics.
Cha pter twelve provides for the col ar
cton of vital statistics more eff
emily than at present and With less
;pense to the peorle. m
ees of Auditor and Secretary of State.
Chapter thirteen is another impor- In
mt revenue producing act, fixing the
es for all kinds Of services rend cred
the Offices of the Auditor and Sec IN.
tary of State, increasing them and
ding new ones, all of which will go I'M
to the State Treasury after March 4.
o.. This is expected to produce sh
'go amount OF new revenue annually,
ssibly $4,000. on
Criminal Judges Salaries
Chapter fourteen provides that here
er the salaries of judges of Crimi-
and intermediate Courts shall be
id by the counties having them Ne
Reassessment in 1905.
Chapter fifteen is one of the most
portant acts and provides for the re-
5essment of all the lands of the
ate in 1906. upon which the tax eve
les OF 1906 will he laid No other the
'essment of real estate is provided ia
until the year 1909. The as TIC
'sment must be completed and am
, books fled on or before August /. on on
mn