The Sentinel=record., 1912-06-27

Section g. The personal propert, pertaining to the business of a mer chant or of manufacturer, whether 1 person or corporation, shall be listes and taxed fin the county. town q school district where such business ii carried on Merchants and manufac turers having more than one place o business shall make and file separate place of business. Each of said list' shall be filed in the county. town oi school district In which the property embraced in it is located.
 Section 3S. Nonresidents of the State doing business in the State. eith- taxed on the basis of the capital in vested in such business as personal property in the district where such business Is carried on, to the same ex- tent as If they were residents of the State. Money, negotiable securities bills receivable open accounts credits of every kind and choses In action of every character incident to, growing out of or pertaining to said business shall be deemed to be situated at the place where the business is carried on and shall be taxed as part of said business. The amount of credits to be taxed shall be ascertained in the same manner as are credits of residents of this state.
 Personal property of nonresidents of the State having an actual situs in the State. and not forming a part of the capital invested in business in the State shall be assessed in the name of the owner thereof for purposes of identifi. cation and taxed in the district where such property is situated.
 Section go. Logs. lumber, crossties slaves, stave bolts. stave headings fence posts, telegraph and telephone posts and other similar timber prod. ucts cut for sale shall be deemed to be manufactured articles or materials in process of manufacture, as the case may be, in the hands of the person whc cut or manufactured them for sale. and merchandise if they have passed into hands of the person who bought them for the purpose of selling them, and whether they are the property of 3 person or corporation they shall be listed and taxed in the county. town or dis trict in which they may be located or February 1st.
 Section 40 Live stock and other per. sonal property connected with and used upon farm upon which the owner whether a person or corporation. does not reside. shall be listed and assessed in the county or district on which the farm Is situated; provided that if the farm is situated in more than one dis trict the personal property used in con nection with it shall be listed and as sessed fin the district which the principal cated.
 Section 41. Steamboats. barges and watercrafts of every kind shall be listed and assessed in the county. town or school district in which they are en- rolled registered or licensed. and if not enrolled. registered or licensed. then in the town, county or district where usually kept
 Section 42. Personal property of gas. water electric light. street railway. tele- graph, telephone. toll road toll bridge, sleeping car, express, pipe line. private car lines and railroad companies shall be listed and taxed in the county, town or district where located. If located fin and operated through more thar one county, town or district then the value or the entire plant shall be ascertained and there shall be allotted to each county. town and district it's propor- tionate part of the value or the plant
 Section 43. The personal property of the estate of a deceased person shall be listed and taxed at the place Of listing at the time of the death of such per son.
 Section A. The personal property of a minor and every person under guard. ianshtp other than minor shall be listed at the place where the property is To- cated; provided. that all moneys. credits investments in stocks and bonds of sucf persons under guardianship shall bs listed at the place where the guardian
 Section 45. Personal property in ths hands of an assignee. receiver, truste, in bankruptcy or other court officer shall be listed and taxed at the place of listing before the appointment ol such assignee. receiver, trustee or othel officer.
 Section 4e. When any person shai settle, or any association or corpora tion shall organize in any county oi this State. and bring personal property therein after the first day of February and prior to the first day of October in any year. 1t shall be the duty of the assessor to list and return such property for faNnffnn that ha thereof shall show to the assessor. under oath, and by producing a copy of the assessment duly certified by the proper officers of State or county in which said property was assessed. that the same property has been listed for taxa- tion for that year in some other county in the State. or in some other state or territory of the United States If sucs, property Is brought within any county after Inc assessor has nude his returns for thnt year to the county clerk the assessor shall at once assess such prop erty and return the same to the county clerk. and the same shall be entered by the county clerk on the tax-books and collected as in other cases.
 Section 47. If any person of this State. after his personal property has been assessed and before the tax thereon is paid shall sell all of the same and not retain sufficient to pay the taxes thereon. the tax for that year shall be lien on the property so sold. The
 
 liable to any purchaser of such property for any taxes he owes thereon, but the property so purchased shall be liable in the hands of the purchaser or purchas- CTS for such tax; provided however. if the property be sold In the ordinary course of mercantile trade, 1t shall not be so liable in the hands of the pur- chasers.
 Section AS. If the property of any taxpayer be seized by legal process So as not to leave sufficient amount ex- empt rom the levy and sale to pay the taxes, then the taxes on the property oi such taxpayer shall at once faii due and be paid from the proceeds of tht sale of the property so taken on sucf process in preference to all other claims against it.
 Section 49. When any person is about to remove his property from the State after the same has been assessed ant before the taxes thereon have been paid without leaving sufficient remaining fol the payment of the taxes thereon tn, tax shall at once become due and pay able, which fact shall be determined by any court of competent jurisdiction 1T an action brought in the name of fhs State, for the use of the county. agafns the owner or reputed owner of sucf property which court may render same by execution. Attachment may Issue as in other cases, but without bond, and it shall be enforced as 1T other cases.
 Section 50. If property subject ts taxation be sold seized or attempted te be removed as provided in sections 47 4S, and 49 of this Act, before the county clerk has turned over the tax-books fol that year to the collector then if the | assessors books be in the assessor hands, he shall furnish the collector the assessment of that person; but II the party has been assessed and the as.