The herald., 1912-09-26

insurance. bonding or surety GONNA.
| MES OF such other State or country. ),
| lohS as SUCH laws continue III IL re,
| tne same obligations and prohibition.
| OF whatsoever Kind may be imposed bS
| the General Assembly Of tins state
/ upon insurance, bonding OF surety com
| pdllvs OI SuCu other state or country
| DONG business in this State
| - Irrigation canals shall be taxed
on Il percentage not 10 exceed Two ptI
cent OF thelr gross receipts, only sucu
real estate ana the BUILDINGS and Struc-
lures thereon, rights OF way. machIu-
| cry tools aud implements as are nee
essary 10 the operation OF any canal
snail De included IN ana covered by tins
I TAX on gross receipts. All other real
estate and personal property of the
owner OF any canal shall be locally as
Sessed and taxed.
3. All sugar rennerics, rice mills.
COTTON SEED on .mllIs, cotton seed oIl
Ituheiles ana rsnnerlcs Vi petroleum
ana us products snail be assessed ON
the lar market valuation
. LALlI otherwise provided by tn,
General Assembly by vote OF two
thIrds OF the members elected 10 each
mouse, all operating mines Ut suipu4r.
SAT- or other nAnerals, all oil or gas
Wells al! stone 'quarrIes, sand, gravel
anu shell plJs shall be taxed Upun Il
percentage OF t'Ie gross value Of IN,
product at the mouth OF the mine we'll
quarry or pat. .IhIS percentage shall
NOT exceed hYe per cent Tor sulphur,
HdlI per cent for oil and gas. and tKyy.
per cent Tor rock and other minerals
inclusive Of gravel, sand ana shells.
ms tax snail not apply 10 the product
VI any mines, QudrrlcS or pits or oil OF
gas wells, where the owner, other than
pubic service corporations, uses the
same Tor his personal purposes and
uoSS not sell the same or its products
OF manufacture the same into another
product Tor sale. Where gravel sand
or shells are taken from the beds OF
puDlc waters. or from shores not sub
Ject TO private ownership, the General
Assembly may levy special taxes per
cubic yard OF material taken out and
may levy different special tax for
each OF said objects of taxation. The
of the United States for
any purposes, and contractors engaged
IN the construction of any public work
Tor the state or for the United States
soleiy Tor the purposes of such public
work are authorized to take free from
taxation gravel. shell or sand from
the beds OF public waters and the public
SHORES OF the State. Every citizen OF
the State shall have a SIMILAR right tC
take such materials for his own per-
Sonal use free from taXation,C unless
they are taken for sale All real ana
personal property of the owners OF
'lch mines. wells, quarrieS and pits
except machinery. tools and imple- |
nents absolutely essential to the op-
grafton OF any mine. oil or gas we'll |
stone quarry sand, gravel or shell pit, |
hhu tACtpI the pIOuuClS themselves |
Nhlle IN the hands of the producer, |
snail be locally assessed and taxed |
10. All real and personal property |
'eserved for local taxation shall be as |
'eSsed at such percentage not to eX-
;eed 100 per cent of its fair market |
'alue as each local governing author
" may establish, and a lower percent
LSe may be established for personal |
nan for real property or for the val
les OF improvements than for land |
'alueS.
IL. In all assessments of real prop
rty whether for local or for State pur-
'oSeS, the value of the land shall be
separately from the value OF
he improvements; but railroad, pipe
Inc and canal rights of way, whether
eld IN Zee or under easement, may be
separately from, or together
Win, the improvements thereon as the
ak commission may deem most prac-
icable.
Il. Assessments shall be arranged
as far as possible either
pom the roll or upon separate records
nd the General Assembly shall pass
Avs providing for the printing and
ublication in pamphlet form of the
ecords. showing such geograp hically
ranged assessments, and for the sale
such pamphlets at a small price.
-. Every taxpayer shall have the =,
Sht or testing the correctness of his
sSeSSment in the Courts within such |
me as the General Assembly may pre-
crlbe; and no property shall be as
eSSed Tor sum in excess of the per- |
entage OF its fair market value, as |
rescribed by the governing authority
IA. state licenses and special State
me as the General Assembly may pre-
tribe,