Heppner gazette. [volume] (Heppner, Morrow County, Or.) 1892-1912, 1906-12-20

Z. Inc amount Oh lu1uS III une naHus
Of other banks, bankers, brokers, OF
others subject to draft.
3. Tht ,,mountt of checks or other
cash iteh not included in any Of the
preceding tens.
4. The amount Of bills receivable,
discounted, or purchased, and other
credits due or to become due, including
accounts receivable, interest due and
unpaid; also the value of such bills re.
ceivable, notes, and credits.
5. The amounts OF stocks and bonds
Of every kind, and shares Of every kind,
and shares of the capital stock or
Joint stock or other companies or
corporations held as an investment,
or in any way representing assets,
showing and deducting therefrom se-
curities Of the United States and other
such stocks, bonds, and shares which
are exempt from taxation, if any, and
also showing those subject to taxation,
and the amount of each; also showing
the value of such bonds, stocks, and
shares.
6. All other property pertaining to
it's business other than real estate
(Which real estate shall be assessed and
taxed as other real estate is assessed
and taxed.
7. The amount Of deposits.
8. The aggregate amount of the above
first, second and third items shall be
listed, and the aggregate amount of the
10 h la arf, hr..al IN ba fn,,rt IA
fifth and sixth items above shall be
listed, and from the aggregate sum Of
said first, second and third items, and
the aggregate sum Of the taxable prop
erty embraced in the fourth, fifth and
sixth items, there shall be deducted the
the amount remaining shall be assessed
to each company, association, or person
at its full amount as money and credits,
the same as other property is assessed,
at the place required by law.
(Taxes to be a charge on dividends,
stock and banking capital-Sale for
tax
Section 7. To secure the payment Of
taxes on bank stocks or shares, or upon
banking capital, such taxes are hereby
made a charge upon said shares of stock
or banking capital or interest against
which the said taxes are assessed and
levied, and upon any dividend or divi-
dends thereon. 1t shall be the duty OF
every bank, or the maraging officer or
officers thereof, to retain so much OF
any dividend or dividends belonging to
such stockholders, shareholders, or
owners as shall be necessary to pay any
tax assessed and levied upon their
shares of stock or interest respectively
until it shall have been made to appear
to such bank or its officers that such
taxes have been paid. Any officer of
any bank who shall pay over, or autho-
rize the paying over, of any such divi-
dend or dividends, or any portion there
Of, contrary to the provisions OF this
section, shall thereby become liable for
such taxes. If such taxes shall not be
paid before the same become delin-
quent, on or Immediately after the first.
Monday in May in each year, the tax
collector of the county where such bank
is located shall proceed to sell such
share or shares, stock, or interest to
pay the same, together with interest,
accruing interest, penalties, and other
lawful charges, in the same manner
other personal property is sold for de-
linquent taxes, and in case of such sale
the provisions of law in regard to the
transfer of stock when sold on execution
shall apply to such sale.
(Penalty for neglect or refusal to furn-
ish statement required.)
Section 8. The cashier, managing or
other accounting officer of any company,
association, copartnership, or person
who shall neglect or refuse to make and
furnish any statement required by this
act of such person or such company, as
sociation, copartnership, or persons,
within the time and in the manner by
this act provided, shall forfeit the sum
of 81 900 for each offense, to be recov
cred by indictment, for the use of the
county in which said bank is located.
(Penaty for making or furnishing false
or fraudulent list or statement.)
Section g. The cashier, managing or
other accounting officer Of fany company,
association, copartnership, or person
who shall willfully present to or furn- |
ish the county assessor with anv state |
ment required by this act, which state
ment shall be false or fraudulent, shall |
be deemed guilty of perjury, and upon
conviction thereof, shall be punished |
by law as otherwise provided for such
crime.
>Repealing clause.)
Section 10. That sections 3042, 1908,
1864, 3065, 3067 and 306S of the
Codoes and Statutes of Oregon, compil-
I'd and annotated by Hon. Charles B.
Bellinger and William w. Cotton, and !
Ill acts and parts of acts in conflict
herewith, be and the same hereby are
repealed.