The Harrison times., 1911-06-24
CONCLUDED FROM Asst MEEK.

Act 251-Assessing public service
eorporations-all railroad, telegraph,
telephone and pipe line companies
authorized to do business in this
state. are required to file a complete
inventory of their assets, including
stocks and bonds, together with Il
true statement of the value Of each
item, with the State Tax Commission
on the first day of July every yea.
The statement thus furnished must
be sworn to by the general officer
oil the corporation furnishing same
The tax commission to use the facts
| thus obtained, in connection with ma
terial information which may other
. wise be procured, as basis for de-
| termining the amount of taxes to be
assessed against each corporation COM
ing under the provisions of this act,
| After the commission shall have de-
| termined the amount to be assessed
against any corporation, it shall
further ascertain the parts OF such
| NdluditOn W DE dPPOl w 'i~
cities, counties and districts in whcn
said property is subject to taxation.
Any person or corporation, operating
or controlling railroad within the
state, or any other corporation above
mentioned failing or refusing to make
return OF statement to the tax COM
mission as herein provided shall be-
come Fable to the state for penalty
of not less than $1,000 nor more than
$4,000 Any false return or state
ment to the tax commission concern
ing a material matter, as to property
or its value, subjects the one making
same guilty of perjury and liable to
the penalties therefor.
Act 252 provides that railroad and
other companies conveying passengers
shall not charge on excess baggage,
more than IL 1-2 per centum Of the
cost of the passenger fare on each
100 pounds in excess OF the first l5J
pounds which is entitled to free trans
portation on regular fare,
Act 2G0 provides that in suits to
foreclose mortgages and deeds OF
trust, il shall be a sufficient defense
that they have not been brought with
in the period Of limitation, prescribed
for suit on debt When any payment
is made on any such existing indeb-
tedness, such payment shall not oper-
ate to revive the debt unless mo-
tation, of such payment, showing date
thereof be made on the margin of
the record where such instrument Is
recorded and attested by the clerk.
Act 2Gl requ res railroad companies
to place Vic IS of sufficient SIZE Il
the frogs and guard rails of their
roads 70 prevent employees from get
ting their feet caught in same
Act 263 creates the Grand Chapter
OF Royal ArcA Masons with body
polite and corporate, with authority
to acquire and own property; to sue
and be sued, the same as other cor
porations
Act 265 provides that stock run
ming at large in cities and incorporat
ed towns, contrary to ordinance, may
be impounded and sold at public ven
due after giving owner notice to take
it away upon payment of expense OF
impounding and keeping. In case Of
sale the proceeds go into revenue
fund after costs are paid.
Act 267 seeks to quiet titles in pres
ent owners of lands in this state
which have been held by railroads
under grant or donation by virtue OF
the acts Of 1869, making land grants
to railroad companies,
Acc 2S3 prohibits fraud or decep-
tion in the sale or purchase OF any
commodity Whoever knowingly buys
or sells any property and makes or
give short weights or measure, or
knowingly reports false or untrue
weight or who shall pack any fruit
or other commodity with intent to
cheat, either as TO quality or guam
tity, or WHO shall pledge or hypothe.
cate any such commodity, knowing
the same to be fraudulently packed
as aforesaid, with intent to cheat or
deceive, shall be subject to fine OF
$50 to 500
Act 2Si removes defense or rail
roads on contrioutory negligence in
personal injury cases and damage Of
property on track, when the fact is
shown that those running trains by
which such injuries or damages may
be inflicted, failed TO keep a constant
lookout for persons and property on
the track
Act csc provides that the Sd udy OF
June, Icing tne anniversary OF the
birth OF Jefferson Davis, president OF
the Southern Confederacy, be declared
a legal holiday.
Act 3l3 amends the franchise tax
law so as to impose an annual fee of
$50 upon all mutual corporations, not
having capital stock and not or
ganized strictly for benevolent pur.
poses. Also an annual fee Of SlO0
,,ap oil fira tnrnadn and nppidpnt