The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1912-02-08
SYNOPSIS OF
SESSIONS WORK
Statesman Complies Interest.
ing Report of Legisla-
tive Doings.

vi dll lue lcBlSldJlOn enacted
at the session extraordinary,
house bill No. 35 is probably the
most important and ar-reaching
law of all those that ran the
gauntlet of the two houses and
the governor S office. Following
is a summary of that measure
and the minor ones passed.
House Bill No. 35.
Exceptions School, state coun-
ty, federal and municipal prop
erty, church and fraternal prop
erty from which no rent is de-
rived, and that of widows, or
phans and civil war veterans
when total value of estate does
not exceed $4,000. Also grow
ing crops, fruit and nut trees
under age of four years; and
grape vines under age of three ;
capital stock of corporations
when property has been assess
ed, Libraries and farmers tools
up to $500, possessory rights to
public lands, mortgages, Coop
erative irrigation systems, and
5000 on home improvements.
County commissioners required
to prepare in April an appropri-
alton bill for the ensuing fiscal
year. Expenditures limited to
that estimate.
All taxable property to be list
ed at full cash value and assess
ed at 40 per cent of same, full
cash and 40 per cent to be carried
in separate columns on assess
ment roll.
Taxes on Bank Stock.
Bank stocks assessed in place
where banks are located. Any
such stock invested in real es-
tate exempt and real estate taxed.
Ships and boats not registered
assessed at residence Of owner.
County commissioners com
mence equalization first Monday
in July. All applications for re
duction must be sworn to.
State boards to assess telephone
and telegraph lines and rail
roads, and apportion taxes to
counties. Value of railroad de-
termined by adding value of
franchise, rolling stock, railroad
track, telegraph, telephone, and
railroad property.
State board to determine val
uation of state by fourth Mon
day in August and make appor-
tlonment to counties.
Lands to Be Classified.
Bill includes following classi-
fications of property: Patented
lands, suburban lands, orchard
and vinelands, irrigated agricul-
tural' lands, rain belt agricultur-
al lands, dry farm land, natural
meadow and pasture land, graz
ing land, desert, waste and swamp
land, mineral land, standing tim
Der land, cut over and burnt tim
Der land. Town lots classified
as follows: Business lots, res
idence lots and addition and out
lots.
Listing Personal Property.
Personal property to be listed
as follows: Cattle-Thorough-
breds, graded, common, beef or
oxen, and cows. Horses--Thor-
oughbreds, graded, common, stall
lions, colts, jacks, jennets, mules.
Sheep and goats-Sheep, import
ed, fine, graded and common;
goats, common and angora.
lien or real estate to be written
Personal property tax when
in real estate roll. Classifications
of personal property to be abb
breviated in roll with letters.
State auditor to prepare uni
form assessment rolls and tax
receipts for all counties.
Semi-annual payment of taxes
when amount is over $40. Taxes
become delinquent first Monday
of January if half is not paid by
first Monday in July.
Head Off the Sharks.
Securing tax deed only after
owner or occupant of property
shall have been notified at least
three months in advance of Sc
curing such deed.
Tax collector must stamp ON
tax receipts amount of taxes
still remaining delinquent.
Definition of full cash value
of property is given as the value
of such property in the market