The Harrison times., 1912-06-08

! trust on property belonging 10 the COM
| pany and the aggregate market value
| or actual value OF such bonds,
| 6. The assessed value OF all real es-
! tate owned by tho company.
T. The value Of all tangible personal
! property owned by the company and as
! sessed under either section 16, IS. 10,
! 2l, or 90 hereof.
The sum Of items four and five less
| the sum OF items six and seven. shall
| be held 10 be the value OF the intan-
| giblo property OF the corporation and
/ shall be listed and assessed by the cor
| pOraton as agent for It's shareholders
| under the heading Intangible Prop
| erty"
Section 81 The corporations required
| TO make the return provided for In section
| 30 OF this Act shall list and assess their
! tangible property, roal and personal,
| on the proper form as provided by SEQ
| tiOns 1G. 49, 10, q. and % hereof. Tho
| return prescribed by section 30 hereof
Is required In addition 10 the regular
lists provided by this Act, and its pur-
pose is 70 secure the a9sessment OF the
! intangible property belonging 10 the
| corporation.
Section 30, Each OF the statemqnts
required by sections lG. n, IS. 10. 90
o. %. 25 %. 2S and 30 OF this Act
must be subscribed and sworn 20 by tho
person making and filing same Said
oath shall be In the following form:
T......,..,.,.,,.. do solemnly
swear (or affirm that the list OF prop
erty as now rendered by me contains
all the personal property, which | am
by law required 10 list for taxation for
myself COR aS,,,,,,,,,,,,,,,,.,,.
that each answer made by mo In said
statement is In every respect true; that
/ have valued each Item or property at
It's true and fun value IN money; and
that I'm fixing the value OF said property
| have not taken same at an amount
below It's true and full value in money
because OF the fact that I was assess
ing said property for taxation
Section 49, Except as may be by
this Act otherwise provided. all prop
erty shall be listed and valued as on
tho FIRST day Of February in tho year
I'm which same is assessed and the trans
fer or sale OF any taxable property sub-
srquont 10 tho FIRST day OF February
shall not authorize any person 20 omit
the samc from any list although such
list shall not DO made until after the
sale or transfer Of such property, but
all such property shall be listed for
taxation I'm the same manner as N no
salo or transfer thereof had been made.
Rut whore bonds OF tho United states
have been purchased by any individual
or firm during the year prior 10 the
tlrst day Of February and such indi-
vidual or firm Is claiming exemption
because OF such bonds, where property
ls required 10 be listed ns OF that day.
the value OF such bonds I'm money shall
be divided by twelve and the auotlont
shall be multiplied by tho number OF
months or fractional parts OF months
remaining after dcducting the tlms
which said bonds were owned and such
product shall be listed us money on
hand on the first day OF February.
Section 3i Except os IN this Acs
otherwise provided personal property
shalt be listed and assessed IN the coun.
ty, town or school district where tho
owner, agent or trustee resides
Section &c. Tho capital stock ana
property OF corporations eXcopt as
otherwise provided, shall be listed and
taxed In tho county, town or school dis.
trlct whore tho principal Office or
place Of business or such corporation 10
located In this State; n thcro be no
such onlco or place OF business. thon
corporation trOnsOcts ita business,
Section 3G Every corporation, the
taxation OF whose shares OF stock In
provided by sections 90, 20 and 27 hero.
or shall mako the return provided by
said sections ana list FOR taxation said
shares OF stock in tho county town
or school district whore tho principal
Office Of such corporation may bo To-
section a. Tho personal property
pertaining 20 the business OF mar.
chant or OF n manufacturer, whether .
person or corporation, shall ho llstod
and taxed In the county town or
school district whore such business ia
carried on, Merchants ana manufao.
Jurors having more than ono place ot
busInoHa shall make ana file a separate
list or tho property pertaining 60 each
place OF business, Each OF said lists
shall be nled IN the county town or
school idlstret IN which tho property
embraced in It ls located
Section 49, Nonrosldcnts OF the
state doing business In the state elth-
or ua principals or partners shall he
taxed on the basis OF the capital In.
vested IN such business, as personal
property In the district whore such
business n carried on, 10 tho Same ok
tent uB n they were residents or the
state, Money negotiable securities,
bulls receivable. open accounts credits
OF ovory KIND Oud chooses IN action OF
every character Incident TO, growing
out of or pertaining 90 said huHinesa
shall be deemed tp be situated at tho
place whore the buHluoHs lV carried on
ana shall he taxed no a part OF said
business The amount or credits to bo
taxed shall ho uHCorlulnrd I'M the same
mQnncr oH arc credits Of rohldontu Of
this state.
Personal property Of uonrealdepts OF
tho state having an actual hltuH IN tho
state ana not forming q part or the
capital invested in business lh the Htate,
shall be assessed IN tho name Of the
owner thereof for purposes OF ldentlt-
'NllNN NNl lNNNl lN lNN NlHlllDN WNNlN
such property lH situated
Section 30, Logs, lumber crosHtlea.
HtUyug, HiHyo bolts btnVo headings,
fence posts, telegraph ana telephone
posts ana other similar timber pr0ds
uptH cut for sale shall bn deemed
60 he manufactured articles or materials
ln process Of manufacture HH the tass
may be, IN the hands Of tho person who
cut or manufactured them FOR sale ana
merchandise N thpy have passed into
hands OF tho porHon who bought them
for the purpoHo or selling thrm ana
whether they are the property of
person or corporation they shall bc listed
hnd taxed IN the county town or dlss
lflet IN which they may be located on
February lat
Section 40 Live stock ana other por.
Hunnl property connected with ana used
up0n farm upon which the oWneG
whether a nrrHuu or corporation, does
not reside shall be- listed ana assessed
in the county or district on which the
farm lH situated provided. thbt N the
farm IN situated IN more than one dlHa
trlpt the personal property used in oona
nootluu with Il shall he listed ana as
nuHHul ln the district whlrh the principal
farmhouse ot place OF hualneHH w los
Gated
HebuoR A. steamboats, hAfaes ana
WhtprHnrts NJ every kind shall hp listed
hnd HREpsspi IN thn county town df
school district IN which they are ems
rolled, registered bt licensed, and N not
enrolled, Registered or licensed. then In