Imperial Valley press., 1908-06-06

Sec 16 Any property wiufuly con cealed. removed transferred or misrep- resented by the owner thereof, or his agent, to evade taxation. upon discovery must be assessed at not exceeding ten times it's value. and the assessment SO made must not be reduced by the Board of Equalization Any property discovered by the Assessor Co have escaped assess ment for the last preceding year, it such property is in the ownership or under the control of the same person who owned or controlled it for such preceding year, may be assessed at double its value.
 Sec. 17. In case property assessed for taxes is sold to the city for non payment thereof, pursuant to the provisions of Section AS of this ordinance, it shall be assessed each subsequent year until deed is made to the city therefor. in the same manner as if it had not been so sold.
 Sec 1S The City Assessor must exact from each person a statement in writing, under oath. setting forth separately, all the real and personal property owned or claimed by such person. or in his posses sion or under his control, at twelve o'clock meridian on the first Monday in March Such statement shall show sepa-
 ratey:
 First-All property belonging to, claim
 ed by or in the possession, or under the control, or management of such persons.
 Second-1An property belonging to. or
 claimed hy or 1n lne possession. or under
 the control or management of any firm of which such person Is a member.
 Third-All property belonging to,
 claimed by, or in the possession, or un-
 der the control or management of any
 corporation of which sucn person Is presi-
 dent, secretary, cashier or managing agent.
 Fourth-An exact description of all lots and lands. improvements, and personal property and all taxable state, county, city or other municipal or public bonds and the taxable bonds of any person, firm or corporation and deposits or money. gold dust or bullion, or other valuables, and the names of the persons with whom such deposits are made, and
 the places in which they may be found; all mortgages deeds of trust, contracts and other obligations by which debt IS secured, and the property in the city af- fected thereby.
 Fifth-AI solvent credits unsecured by deed of trust mortgage or other lien on real or personal property due or owing to such person or any firm of which he Is a member, or due or owing to any corpor-
 ation of which he is president secretary, cashier, or managing agent, deductlng from the sum total of such credits such
 debts only unsecured by trust deed, mortgage or other lien on real or per
 sonal property as may be owing by such person, firm or corporation to bona hde residents of this state. No debt shall be so deducted unless the statement
 shows the amount of such debt as stated
 under oath in aggregate provided, Tn case of banks, the statement is not re- ouired to show the debt in detail, or to whom it is owing; but the City Assessor shall have the privilege of examining the
 books of said banks to verify said state
 ment. Whenever one member Of hrm,
 or one of the proper officers of corpor- alton has made a statement showing the property of the firm or corporation, an other member of the firm or another of- ficer need not include such property in the statement made by him; but his statement must show the name or the person or officer who made the state
 ment in which such property is included.
 Sec 19. The Board of Trustees of said city must furnish the City Assessor with
 blank forms for the statements provided
 for in Section IS hereof, affixing thereto an affidavit which must be substantially as follows:
 "I do swear that the above list contains a full and correct statement of all property subject to taxation which I, or any firm of which I am a member. or any corporation, association or com pany of which l am president, cashier, secretary or managing agent, owned. claimed, possessed, controlled or man. aged, at twelve o'clock meridian, on the first Monday in March last, and which is not already assessed this year, an that I have not in any manner whdtSo- ever transferred or disposed of any prop erty, or placed any property out Of the City of Fl Centro, or my possession, Tor the purpose of avoiding any assessment
 upon the same, or making this statement;
 and that the debts therein stated as ow-
 ing by me or by such firm, corporation, association or company are owing to
 bona fide residents of this state, or firms or corporations doing business in this state"
 The affidavit to this statement on be-
 half of a firm. association or corporation must state the principal place of business of such firm, association or corporation, and in other respects must conform sub stantially to the preceding form.
 Sec. 20. The City Assessor may fill out the statement at the time he presents