The Barre daily times. (Barre, Vt.) 1897-1959, 1908-11-05
PROVIDES FOR
TAX COMMISSION
Continued from FIRST page.

railroad eorporationsl whether taxable
under chapter 30, public statutes, or
otherwise, shall ON or before the 9th day
Of April annually transmit TO the chair
man Of the commission at Montpelier, on
blanks TO be furnished by the Vermont
Tax Commission, list of names and
residence OF oil shareholders In such cor
poration, and the number OF shares
standing in the name Of each on the
first day Of April then next preceding,
and the amount paid in on each share.
Said blanks shall require all such cor
porations TO therein furnish information
concerning their capital funded or cur
rent assets, bonds, with rate OF interest
paid on the same; the residence Of the
owners Of said bonds aud the amount
held by each owner thereof on the first
day OF April liabilities other than
bonds, operating expenses, dividends and
such other statistics and information as
are now required by law, and such other
matters us said commission may require
relating to the subject OF taxation which
the commission may have authority 20
investigate or determine
II. Section SIS public statutes IL
hereby amended to read as follows:
Pledged stock how returned
Stock held as collateral security,
and which has been transferred on the
beks Of the corporation shall be returned
as provided in the preceding section, by
the clerk, secretary or executive officer,
by whatever name called, Of said corpo,
ration in the same manner as Is provided
In the preceding section for returns as
to actual owners OF said stock, and such
pledged stock shall BY said commission
be appraised and assessed 10 such
Pledge in the same manner as il provid.
ed for the appraisal and assessment of
stock against the owner in section is
OF this act"
Is. Commission shall sppraise at its
true value in money the shares of stock
Of all companies and corporations speci
fed in the two preceding sections and
sahll keep record of such appraisal.
and shall transmit a copy on or before
May Is annually to clerks OF towns
where any such direct or collateral owner
resides. The listers shall place such
shares in the list of said town at APP
praisai fixed by commission.
10. Commission may compel the at
tendance of witnesses by a summons
signed by any member Of the commits
sion. Witnesses shall receive one dollar
q day and six cents for each mile aetu-
ally travelled. In case a person fails to
answer summons, or to testify about any
material thing or to produce books and
records, the commission may apply to a
superior or supreme court judge, who
shall issue an attachment TO bring before
him at once such person to show cause
why he fails to comply with require
ments OF commission.
20. A person who wilfully swears
falsely in any hearing before the com.
mission or to any return required to be
made by the commission shall be deemed
guilty Of perjury.
81. The members of the commission or
any person designated in writing by said
commission, are authorized TO examine |
any inventory on file in a town clerks |
Office
p. The governor shall have power,
upon complaint by said commission, to
summarily remove from Office any lister
for inefHciency, neglect Of duty, or NAL,
feasance in Office, but lister must be Civ
en- an opportunity to be heard. Such
removal from Office shall be filled in the
manner required by law for town offices,
but no lister removed shall be eligible
for the office of lister for term of
five years.
%, A record of all proceedings OF
the Vermont Tax Commission efTccting
any change in the assessed valuation of
real or personal property, as revised or
by said commission. shall
be kept by the secretary Of the COM
mission, and copy thereof, duly GER
titled by the chairman or secretary, shall
be mailed to the clerk of town where
is located and he in turn shall i
make the changes which the commission
designates,
"a. 1t shall be the duty of the listers
to attend the meetings called in the va
rious counties by the commission and /
they shall receive from their towns two
dollars day and expenses for attend I
ance on such meetings
Commissioners OF taxes in unorganized I
towns and cores shall be subject to all /
duties and liabilities prescribed for list
ers and shall attend meeting of listers.
Is All acts and parts Of acts neon
sistent with this act are hereby re-
pealed
p. This act shall take effect the
first day Of December, 1908.