The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-03-19

same on the tax list of the township in
which the cetui que trust lived, such
banks listing their stock held in turst.
shall give the county I'm which the
cetui que trust lives, and shall for
ward to the register of deeds of that
county the names of cetui Qui trust
living therein, with the number of
shares held by each and their taxable
value, to the end that they may be
entered for school, county and munt-
cipal taxation
The following is stricken from that
section: COR of the day Of death, in
which case the guardian, executor or
executrix, administrator or admins
tratrix shall list the said property
where he or she resides on the first
day of june
In section Is of the new act, there
is no reference to live stock, farming
utensils and other property used IN
connection with the cultivation OF
farm, and that section now is headed:
Where to list real estate, timber.
mineral and quarry lands"
Sec. &c. where polls and personal
property shall be listed" was changed.
and the new section reads: "All taxa
BILE polls and all personal property
snail be listed in the township in
which the person charged resides, on
the first day of June, subject to the
following exceptions: I'd Such shares
of stock as are directed to be listed
otherwise by this act: (2) All goods
and chattels situated in some town.
ship, town or city, other than where
the owner resides shall be listed In
the township, town or city where sit
uated, and not elsewhere, If the own
er or person having control thereof
m CT
yard, piling ground, place for sale or
property, shop, office, mine, farm.
place of storage, manufacture, manu-
factory or warehouse therein for use
IN connection with such goods and
chattels: Provided, that all farm pro-
ducts, while owned by the raiser or
producer shall be listed where raised.
and all manufactured goods consign-
ed or stored out of the State shall he
listed where the owner resides"
The residence of q person who has
two or more places in which he occa-
slonally dwells shall be that in which
ne dwells for the longest period OF
ume during the year preceding the
first day of June. The place where
the principal office in this State is
situated shall be deemed the residence
of the corporation, but if there be no
principal office in the State, then such
property shall be listed and taxed at
one place in the State where the cor
poration transacts business. For the
purpose of assessing property and
collecting taxes a partnership shall
be treated as an individual, and prop
erty shall be listed in the name of the
trim. A co-partnership shall be deem
ed to reside in the township, town or
city where it's business is principally
carried on. Each partner shall be
payer who fails to list any property or
poll liable to taxation in this State
shall be guilty of q. misdemeanor."
Section IS. "What property ex-
empt," is changed SO as to exempt the
private libraries OF ministers from
taxation, and provides that the occa-
sional leasing of buildings used by re-
ligious bodies for places of worship, or
parsonages, shall not be liable for tax
alton nor so listed.
To section 81 is added: "That the
sheriff and tax collectors shall receive
i've per cent. on all taxes, licenses and
privileges collected by them from
State, county, township, school, dis
trict or other purpose whatsoever UP
20 the sum of $4,000. and upon all
such sums so collected by him in ex-
cess thereof he shall receive two and
one-half per cent. commission. That
all laws and clauses of laws, whether
general or special, in conflict herewith,
are hereby repealed"
OF the other few changes made,
none were of public interest.