Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1911-08-04

Of the gross receipts of each such ex-
| change. The duplicate of such statement
shali be filed with the treasurer Of each
! town, city or village In which any ex-
| change of the company may be located.
q. Every person, copartnership, asso-
| cation, company or corporation operating
d telephone exchange or toll line, or both.
shall pay an annual license fee to be COM
puted upon the total gross receipts as
herein required to be shown in said state
ment, as follows:
Q) - Five per cent of
the total gross receipts, if such gross re-
| celpts equal or exceed five hundred thou
SAND dollars.
| (2) Four per cent of
celpts equal or exceed three hundred
| thousand dollars and are less than five
hundred thousand dollars.
! go Three per cent Of the to-
tai gross receipts, if such gross receipts
equal or exceed one hundred thousand
dollars and are less than three hundred
thousand dollars.
| (Q Two and one-half per cent Il
| OF the total gross receipts, if such gross
receipts are less than one hundred thou
! sand dollars.
B. The amount arising from such IL
i cense fees based upon gross receipts shall
be paid by the company as follows, viz
The license fee upon eighty-five per cent
| OF the gross receipts from the exchange
service or business shall, on or before the
| first day of March, in each year. be paid
| to the treasurer of the town, city or viii
lage in which the exchange is located, for
! the use and benefit of said town, city or
| village; the balance of the license fee up
| on fifteen per cent of such gross receipts
| from exchange service shall be paid to
| the state treasurer and become part of
the general fund for the use Of the state.
| The license fees on all Of the gross re-
| ceipts from the toll line service shall be
| paid to the state treasurer and become a
/ part OF the general fund for the use of the
state. Every such person, cOpartnerShip,
ar 90 n
on filing such verified statement with the
| treasurer Of the respective town, city or
village treaSurerS, and upon the payment
| of the license fees herein prescribed to
| the state treasurer and to the respective
town, city and village treasurers, shall
apply for and receive from the state
| treasurer license to carry on such bust
| ness for the calendar year commencing
| on the first day Of January preceding and
ending on the succeeding 31st day Of De-
cember, unless sooner revoked.
! 4. Any person, copartnership, associa-
| ton, company or corporation owning and
| with appliances for the transmission of
| messages of speech or sound, and en-
gagged in the business Of furnishing tee-
| phone service for compensation as own
| err, lessee or otherwise, shall on or before
| the first day of March each year pay to
| the state, when the annual license fee
| upon the total gross receipts is less than
| five cents for each telephone instrument,
| owned and operated or operated within
| this state by any such person, cOpartner-
| ship, association, company or corporation,
! a sum equal to five cents for each tele-
| phone instrument owned and operated or
| operated within this state by any such
person, copartnership, association, com
pany or corporation, as an annual license
| fee.
Section 2. This act shall take effect
| and be in force from and after its pas
| sage and publication.
Approved July IL, 1911. Copy Law