Condon globe. (Condon, Gilliam Co., Or.) 189?-1919, 1906-11-30

/ y. The personal property of every
| householder 10 the amount Of 5000, the
articles TO be selected by such house,
holder.
! (B a g. Comp, section 9039, was amended by
/ laws 1908, page ZIG. and laws, special session,
l lp05, page y. The section proposed makes inc
Makes lands belonging 70 the state taxable
when held under contract for purchase, the at
i0rney general having heFe,ofqre held such
clause I. q Lands ofpubllc corporations, aim
Harry held under contract OF purchase, nhne
taxable s. Q. q. 2. no chengs. = Exemption o.
sselioS g'o'T TSe same ss%s as 'V clause q % seeiss
d0ID, except the exemption is reduced from $3.50
10 t2pO, omitting the specification o. particular
articles which may he exempted. The hat eH.
cmpti0n is believed 70 be more Just than the
present exemption Of specific varieties OF prop.
erty 20 total Of ts0o which IL in practice found
| 20 be both arbitrary and unequal, dairy
farmer owning 10 COWS, t2i0, one horse, tlbi
household furniture, t20t farming implements,
/ t25 taxable yaluesl would have total OF tsO.
and only 20 would b exempt. y his property
| horses, gll5i two cows 80. ten sheep, tlb;
household furniture, SO; wagon and harness,
t0i farming implements, 20, be would have
| 500 the same value, but all would Dc exempt.
| This n an actual ease reported by one assessor
| hs a typical Instance Of ihe unreasonable ine-
qualify Of the present law a. tits met every dayJ
(Land in road boundary exempt)
Section 5. That section 3040 OF the
Codes and Statutes Of Oregon, compiled
and annotated by Hon. Charles i. Bel
linger and William w. Cotton, and sec
tion 80 Of an act approved February "a,
1908, and found on page 202 1t sequitur
Of the general laws Of Oregon of 1903,
be and the same hereby are amended
20 read as follows:
All lands within the boundary OF any
county road, and all dedicated streets
and alleys In any incorporated or unin-
corporated city or town, or town plat,
within this state, shall be exempt from
assessment and taxation while used for
such purposes.
CExempts lands in streets and alleys. as well
~ lands within boundaries of county roads,
while used for such purposes. The Uniform
practice, and supported by laws 1903, page 20,
sections % and 81
(stocks in banks, loan and trust COM
panies. etc, subject TO taxation
Where taxed)
Section o. That section OF an act
entitled "An act 10 fix the place Of
assessing national bank stock and pri-
vate banks, loan and trust companies, :"
approved February "a, 1908, be and the
same hereby is amended TO read as fol-
lows:
Shares of stock of national banks
shall be assessed 10 the individual
shareholders Mt the place where the
bank is located. Shares OF stock Of
other banks and interests in banking
capital, building and loan associa-
tions and trust companies, shall be
assesseud to such bank, building and
loan associations, or trust copmanies,
or TO their owners or stockholders, as
by law provided, at the place where
, such banks, building and loan assoeia-
, tions, or trust companies are located.
, (B & c. Comp section SOi2 was superseded
| In part by Laws ig13, page 2s6-if the title oi
the latter act Is broad enough TO cover the last
sentence therein. The section proposed fol
I lows the act OF 1903, changing the word stock
a holdcrs"-of national bRnks-to "sharehold
crs" In analogy to the national banking act
, Provides that shares OF stock In private banks
Z ETC. shall be assessed TO such bank, etc, or Il
itsstockholders, as by law providcd)
Glands sold by state listed TO contrac'
tori
Section 7. Lands held under con.
tract for the purchase thereof, belong
ing to the state, county, or municipal
; ity, and school and other state lands
, shall be considered, for all purposes o
: taxation, as the property of the person
so holding the same; and the improve
ments thereon shall be considered u.
real property for all purposes of taxa
; ton, and be considered as the property
U of the person so holding the same
J, and no deed shall ever be executed un
: til all taxes and municipal charges arr
fully paid thereon.
New; but compare Laws Washington, 1897
: section q. page ilg i appears from a scrtitl
cate of the clerk of the state land board, No
: vember TO- 1906, that the states outstanding
n certificates of sale aggregated s6Osl5 acres, tn
purchase price of which was N,i6i ,53o-all o
J which now escapes taxation because the It'll
: to the land is still in the state,
r (Public lands-Improvements.)
Section s. The assessor must asses
}, all Improvements on lands, the fee o
|, which is still vested in the Unite,
c States, as personal property until tn
!, settler thereon or claimant thereof ha
Q made final proof. After final proof ha
Y been made, and certificate issue,
J. therefor, the land its II must be assess
s ed, notwithstanding the patent has no
a been issued
: (New; compare Washington Rev, Laws, 100;
section 100.
!. Assessors shall obtain lists of publ
q lands sold.)
/ Section 9. The assessor of eacl
;, county shall, Immediately after tn
n first day of March of each year, obtail
:, from the state land board, and from tn
r, local United States land officers in tn
N state, lists of public lands sold, or con
l. tracted to be sold, and of final certif
Gates issued for land in his county dun
r. ing the previous year ending at
ID o'clock a, m. OF said first day of March
D and shall place such lands upon th
IA / rol1a ,Nr,x.t1nI th