The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1904-10-11

LIl S.

81 kSs VI y ~ 2
(conciuded From Second Raae.)
from the shareholde All corpora
1 tons are required to furnish state
ments IN great detail and the assessor
Is given authority looking ID a com.
plete return. No deduction from
money. credits and hives tmcnts Will
| be allowed unless the Indebtedness IS
listed in the return. Separate munich
4 pal assessments are abolished. The
cities Will be required TO adopt the
county assessment. The assessing of
the coal. oil, sas, minerals and tim
! Der. when freehold estate held by
another than the owner OF the sur
face. Is to be at it's. actual value, sub
| ject to change annually as tin creases
or decreases in value. Iris thought
that this law will attract GAMBLE men
for the position Of assessor
Collection of Taxes.
Chapter FIVE makes the sheriff treas
urer of the county and collector of
taxes and provides fcr.the collection of
taxes and how delinquencies are to be.
returned. Also fixes the sheriff's COM
pensation at per. cent. a reduction
in many counties. and extends the dis
count period to the last day of No
vember
Collateral lnheritances.
Chapter six relates to tho taxes on
collateral inheritances, deylses, dis
tributive shares and legacies makes
the law complete. Largely Increased
revenues are expected from This law.
Appraisement of ESTATES.
Chapter seven provides for the APP
praisement of estates. The Estates of
deceased persons must be appraised
ana the appraisement entered on rec
ord. All evidences OF investments and
credits must be endorsed appraised"
by the appraisers. No Judgment shall
be entered upon any note or other evi,
dence of Indebtedness belonging to n
deceased person until it has been ap-
praised
This law will bring much property
on to the tax duplicate.
County Treasurer.
Chapter eight prescribes the duties
of the sheriff as ex-omcio county treas
urer of his county.
Reduction of County Taxes.
One of the most important laws is
chapter nine. 1t reduces the limit or
maximum of county 1evies from ninety
five to sixty cents on the hundred dol
lars hereafter. This effects a saving
in most districts of thirty-five cents
Settlement With suretles.
Chapter ten authorizes the auditor
to settle with sureties of deau1ting
assessors or sheriffs.
Fees of Officers-Jaii Fees.
Chapter eleven fixes the fees OF GER
tain county officers. The Important
are few One allows the clerk
for recording deeds of conveyance,
etc, and transferring same on land
books, but $1.25 instead of 50, as now
charged.
The fees Of the county jaicr in fell
ony and misdemeanor cases hall be
paid by the county. This will save
the State from $4,000 to $4,000 a
year and induce economy.
Vital Statistics
Chapter twelve provides for The col
lection of vital statistics more eff
GENTLY than at present and with less
expense to the people
fees Of Auditor and Secretary Of State
Chapter thirteen is another impor-
ant revenue producing act, fixing the
ees for all kinds of services rendered
n the offices of the Auditor and Sec
,etary of State, increasing them and
adding new ones, all of which will go
nto the State Treasury after March 4,
905. This is expected to produce a 5
arge amount Of new revenue annually,
possibly $4,000.
Criminal Judges Salaries.
Chapter fourteen provides that here
fter the salaries of judges Of Crimi-
lal and Intermediate Courts shall be
,aid by the counties having them.
Reassessment in 1905.
Chapter fifteen Is one of the most
acts and provides for the re
assessment of all the lands Of the
state in 1905, upon which the tax
ewes of 1906 will he laid. No other
ssessment of real estate is provided I
or until the year 1909. The as !
essment must be completed and
he books filed on or before August /.
he Stale Tax Commissioner appoints