Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1911-04-29

of school taxes provided in Section 1900 collect
ed during the preceding that the aggregate value of prop
cry such county city and county assessed for the pur
poses of this during the preceding year bears to the
gate value of property in the Territory similarly assessed
exclusive of the property mentioned in the povso Of this Sec
ton.
The shall thcrenpon estimate the per cent at
which the property subject to be taxed under this Section for
the benefit of such county city and county, shall be taxed
in order YIELD during that year, the amount estimated
be required for the purposes specified IN each OF the above
subdivisions l. 2, 3, and of this Section. In estimating
such the aggregate value of property assessed for the
purposes of this for the preceding year. shall be taken as
basis If the estimated for the purposes specified i'll
subdivision shall exceed onchalf of per cent shall bc
reduced to onehaf of cent If the rate 50 estimated
for the purposes specified in subdivision shall be such that
the sum that and the estimated for the purposes
specified in subdivision shall exceed twothrds Of one per
cent it shall be reduced that such shall be twotrds
of one per cent If the estimates of the amount required for
the purposes specified in subdivisions and shall not be trans
med the before the last day of January IN
that year. the shall estimate the rate for the purposes
specified in subdivision onehaf Of per cent and the
rate for the purposes specified in subdivision at onezh OF
one per The of the finally estimated or de-
temined, for the purposes specified IN sand hv9 suoayonS
shall be the which property shall he taxed for that year
unde this Section in the taxation division in which such county
or city and county is included
Provided however that all real property and all personal
propery within the Territory mot specifically taxed or eN-
cmped which is used operated in or IN connection WIN
the business of transmitting intelligence by electricity or othei
10 another or vessels to other lands shall be SUBJECT
to tax each year. the rate of the general properly TAX IN
the City and County of Honolulu for that year. upon the %
cash value thereof for the sole benefit OF the territory ana
that all taxes if any, collected respect of persons or properly
in the County Kaawao shall he for the sole benefit OF the
Territory
SECTION section is hereby added to said Revised
Laws, to be known Secton1272A, as follows
section 272A Disposition of proceeds of personal and
property tares All personal and property collected
be
such times the Treasurer shall direct. .s .,.
All road taxes including all specified in Sections 1901
1905 both inclusive paid in from each district shall be kept
special the Treasury the credit of such dis
trc and shall be paid the last legal day of each month by
the Territorial Treasurer the of the county city
and county within which such district is included and shall be
expended only in making, maintaining and repairing public
roads in such district authorized by the Supervisors of the
county city and county from time time. The county
city and county shall likewise keep such taxes paid
him in a special the credit Of such district and
shall under circumstances allow part thereof to be used
for any other purpose.
All other personal and specific property paid in from
each county city and county, other than County of Ka-
lawao except such payable reanabe by the Ter
rtoy provided by law shall be paid by the Territorial Treas
the of such county city and county the
last legal day of each month.
Out of the property taxes other than those specified in the
provso of Section 1912, paid into the Territorial Treasury
from each county city and county, the shall retain
from time time, in special account sufficient for the pu
poses specified in subdivision of said Section 1872 and shall
pay the balance thereof the of such city
and county the last legal day of each month for the purposes
specified in subdivisions l. 2, and of said section The
county city and county SHALL from time time
ao from such balance sufficient for the purposes specified in
said subdivisions 2, and respectively and shall keep such
aoments special accounts for for such purposes only
and shall under circumstances allow part thereof be
used for other purpose shall the Territorial Treasurer
allow retained for the purposes specified in sub
division be used for any other purpose provided that if
any time there shall be insufficient money in the special
for the purposes specified in subdivisions g. respect
lively moneys in the general account of the county, city and
county territory the may be- may be used for such
purposes in which such general may afterwards
be reimbursed by transfers from such special
All such payments by the Territorial Treasurer shall be
made upon warrants issued by the Auditor"
SECTION T. Act % of the Laws of 1905, as amended by
Acts Is and 14 of the Laws of and by Act l5l of the
Laws of 1909, is hereby repealed.