Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1911-08-04
NO. 427, Al Published July 8, 1911.
CHAPTER Gil, LAWS OF 1911.


CHAPTER eli, LAWS OF 1911
An Act to repeal sections 1037a and
103b OF the statutes; to create two
new sections Of the statutes to be
numbered lO37a and 1037b, and to Gre
a 1as7 sec{ nSas 1888 1O57d 1879 1881
statutes, all relating to the assessment
and taxation Of the property rights and
franchises Of gas. water, water-power,
electric light, heat or power, river inn
proVement and reservoir companies or
OF persons or corporations engaged in
any of the above businesses.
The people of the State Of Wisconsin,
represented in Senate and Assembly,
do enact as follows:
Section l. Sections 1037a and 1037b OF
the statutes are repealed.
Section B. There are added to the
statutes two new sections to be desig-
mated and to read: Section 1037a. The
property, rights and franchises, If any,
or every person, company or corporation
(a) Generating and furnishing gas for
lighting or fuel or both;
% Supplying water for domestic or
public use or for power or manufacturing
(c) Generating, Transforming, trans
mitting or furnishing electric current for
| light, heat or power;
(d) Generating and furnishing steam
| or supplying hot water for heat, power
| or manufacturing purposes;
(e) The Improvement of navigation Of
public streams or other public waters;
~ Conservation and regulation Of
height and flow Of water in public res
erVoirs;
| together with all real estate used in such
business and necessary to the prosecution
| thereof, shall be deemed personal proper
ty for the purposes of taxation and shall
be valued and assessed together as a sin
gle item and the assessed valuation
thereof shall be apporuoned in the man
ner hereinafter provided.
re
ment and taxation herein prescribed
shall not apply to any Of the following
cases:
| (a) Where such business or enter
! prise is carried On in connection with the
operation Of any street or other rail-
way In such manner that under other
! provisions of law the property used and
| franchises exercised therein are included
with the property used IN the operation
! Of such railway for the purpose OF tax
| alton;
o. Where such business or enter
! prise is carried on exclusively for the
private use Of the person or company en-
gagged therein.
Section 3. There are added to the
| statutes eight new section to read: Sec
| ton 1037c. If the property or business
of any such person, company or corpora
| ton extends into two or more districts
| the assessors of all the assessment dis
! tricts IN which any part Of such property
| Is located shall meet and assess all the
! property of such person, company or
corporation, and extend on the assess
ment rolls of their respective districts
the proportion Of the assessed valuation
! thereof properly belonging to each. Such
| proportion shall be determined by the
ration which the property located and
the business transacted in each district
| bears to the total property and business
Of such person, company or corporation.
| The amount so assessed shall be subject
to the same tax rate as other property in
| said district
of May and the meeting of the board OF
! review In each year the tax commission
| shall give notice by mail to the assessor
OF every district In which any property
| subject to assessment under this act is
| located, Of the time and place of the as
SCISSORS meeting aforesaid. When prac-
! ticable, a member of the tax commission
and the supervisors of assessment of the
counties in which such property is located
| shall attend and assist said assessors in
| the performance Of their duties, 1t shall
be the duty of the tax commission to lay
! before said meeting all relevant data and
| information in it's possession. When 50
! requested by the tax commission every
person, company or corporation, subject
to assessment under the provisions OF
this act. shall annually make and file
with the commission in such form and
manner and at such time as the commits
sion may require a report setting 1orth
it's organization, capital, funded and otnei
debt, current assets and liabilities, It's
property and franchises, and extent Of its
operation, it's earnings and expenses, dis
position Of income, and such other facts
as may be required by the commission;
Such report shall be attested or verified
by such officers of the company or other
persons as the commission may require.
Section 1037e |. The assessors, when
so convened shall organize by electlnS
one Of their number chairman and an
other secretary who shall perform the
customary duties OF such officers. A
majority of all the assessors summoned
fDr no O.
action of business and majority OF
those present shall control. In case the
assessors fail to make an assessment or
apportionment, or in case any municipal
fty dissatisfied with the assessment or
apportiOnment shall make application Tor
review as hereinafter provided, the tax
commission shall proceed to make such
assessment and apportlonment ana GER
tify it's determination to the Respective
town. city and village clerks. Such ap-
plication for review or assessment may
be made by resolution adopted by the
mayor and common council OF any city
president and trustees. of any village or
board of supervisors Of any town.
2. Any person, company or corpora
ton, the property Of W4lGh eH f1iSe me- it,
self aggrieved by the assessment OF It's
nropertY under this act shall have the
same right to apply to the tax commits
icipalites. The assessment made In &C
cordance with this act shall not be SUB
iect to review by local boards when the
Droperty Of the person, company or cor
D0ration assessed extends into two or
IS Section 'io37f If any such person,
company or corporation shall tall 10 pay
the taxes imposed under this chapter
within the time provided by law, any
municipality to which such tax IS que
shall have all the remedies applicable to
the collection Of taxes on personal prop
ertv: and two or moro municipalities may
unto in an action to enforce payment
thereof. No person, company or corpor-
alton upon which a tax shall have been
inposed under this act shall be permit
ted to contest the validity thereof. either
as plaintiff or defendant, unless it snail
have first deposited the amount OF such
tax with the treasurer of the municipal
ity to which such tax IS due, together
With interest thereon as in the case of
other taxes. In case the amount or the
tax Justly and equitably due SHAH be
finally determined to be less than tho
amount so paid the excess shall be re-
funded by direction Of the court
Section 1037g. If any tax heretofore
levied under section 1037a or section
1G37b or hereafter levied under the pro-
visions Of this act, shall be set aside or
adiudged invalid, the property may be
rcassessed and taxed in the same man
ncr as omitted property, and the time
within which such reassessment may pc
made shall not begin to run until the
final determination Of the action in which
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