The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-03-11

No. 2S4) AN ACT. lle OH. 7l.
To make subject to taxation and to tax
the franchises or Intangible property
. and assets of every person, association,
company and corporation engaged as
common carrier in the State in the
business of transporting persons or
property over any railroads. including
street railroads, or in the business of
operating any cars over any railroad for
the transportation of freight or pas
sengers, including sleeping cars, parlor
or palace cars, dining cars chair cars,
tank cars and cars of any other kind;
or engaged in operating for gain any
telegraph or telephone lines or plant
or business, or in operating any plant
or business for the production, manu-
facture, distribution or sale of gas,
water or electricity, electric power,
electric light, steam heat, oil, refriger-
ated air or other like substances, by
means of pipes, wires or conduits pas
sing on, over, under or through any
territory. street, alley or highway in
this State or in the business of operat-
ing for gain, dockage, wharfage, canal
freight or passenger depots. stations or
terminals, or engaged in any other bus
mess which may be dependent upon the
grant of public powers or privilege.
or which may involve the operation of
any public utility; and to provide for
the valuation and manner of ascertain
ing the values of such franchises or
intangible properties, and the distribu-
ton of the same for local taxation,
and the levy, assessment, and collection
of said taxes thereon.
Sec. 1. Be it enacted by the Legis-
lature of Alabama, That there shall be
subject to taxation in this State, the
franchises, or intangibleI property and
assets, of each and every corporation
whether organized under the laws of this
State or of any other state or govern
ment, and of each and every individual,
association, partnership, or company en-
gagged as common carrier wholly or
partly in this State in the business of
transporting freight of any description
or passengers or both over any railroad.
including street railroads, or of operat-
ing any cars of any kind over any rail-
road for the transportation of passengers
or of property of any kind for others
or for the public, including sleeping cars.
parlor or palace cars, dining cars, chair
cars and cars of any and every other
kind, or engaged in the business of main
tanning or operating for gain any tele-
graph or telephone lines, plant or bust
ness for the production, manufacture,
distribution or sale of gas, electricity,
electric light, electric power, water,
steam heat, refrigerated air or otner
similar substances: by means of wires.
pipes or conduts constructed, operated or
maintained on, over, under, or through
any territory or any street. alley or high
way In this State or in the business of
operating for gain any dockage, whar-
fage, canal, freight or passenger depots.
other business which may be dependent
upon the grant of public powers or priv
ileges, or which may involve the opera
ton of any public utility; and of each
and every individual. association part
nership, company or corporation which
has and exercises, under authority grant
ed by charter, statute or other provision
of law. whether of this State or any
political subdivision thereof, or of any
other state or government any special or
exclusive privilege, franchise or func-
ton which is or may be dependent
upon the grant of public power or privi-
leges, or which involves the operation of
any public utility.
Sec 2. Each and every individual, as
ISOLATION partnership, company and cor
poration engaged in any business en-
braced or set out in Section of this act.
shall in addition to the ad valorem taxes
on tangible property which are now i'm
posed upon them by law, annually, begin
ming with the year 1907, pay to the State,
and there is hereby levied tax for the
year 1907 and for each year thereafter
on their franchises, or Intangible prop
erty and assets, and local taxes thereon
to each county and municipal corpora
ton in which its, or their. business il
or shall hereafter be carried on. Said
tax shall be at the same rate as the
tax ON tangible property and shall be
and become due and delinquent at the
same time as the taxes ON tangible prop
erty, and be payable and collectible in
the same manner, and shall be assessed
and levied in the manner hereinafter
provided. The place or places whero such
local taxes on such property are 10 he
paid. and the manner of the apportion-