The Prescott daily news., 1912-05-31

 glble. not expressly by this Act exempted therefrom shall be subject to taxation in the manner by this Act prescribed.
 Section 2. All property described in this section to the extent herein limit ed, shall be exempt from taxation. to- wit:
 l. All schoolhouses, academies. col leges, universities and seminaries of learning with the books and furniture therein, and the ground attached to such buildings, and necessary for the proper occupancy, use and enjoyment; thls provision does not extend to property leased or otherwise used with view to profit.
 ?. All houses used exclusively for public worship, and so much of the lots or parts of lots upon which such houses are situated as may be necessary for the proper use, occupancy and enjoyment of same; such exemption shall not in clNde any property leased or in any manner used with view to profit
 3. All lands used exclusively for graveyards, except such as are held with a view to profit or for purposes of speculation in the sale thereof.
 4. All property real and personal belonging to the United States or to this State.
 5. All property belonging exclusively to any county, city, town, school dis trict or improvement district held and employed exclusively Tor public pur- poses
  tions of public charity, including orphan asylums, houses for the indigent and public hospitals, together with the lands actually occupied by such institutions. not leased or otherwise used with view to profit, and all supplies. furnl- ture and personal property Of every kind, including moneys and credits ap- propriated solely to sustain and belong ing exclusively to such institutions.
 '. All fire engines and other appa- ratus used for the eXtinguishment ot fires, with buildings used exclusively for safe-keeping thereof, and for the meeting of fire companies whether De longing to any town or to any fire company organized therein.
 S. All public libraries and all real and personal property belonging to or connected with the same.
 g. All property belonging to camp or grove meeting associations, sunday School assemblies, Young Mems Chris tian Associations, societies for religious instruction or worship, expressly dedi- cated and necessary for their proper oc- cupancy, use and enjoyment, and not leased or otherwise used with view to profit.
 10. All property belonging to and used exclusively for the purposes of any State district county agricultural society or industrial exposition.
 II. All public market houses, squares, parks and other public ground owned and used exclusively for public pur- poses, and all works. machinery and fixtures belonging to any town, and used exclusively for conveying water to said town. or supplying said town with gas electricity. not leased or otherwise used with a view to profit
 Section B. Real property for the purposes of taxation, shall be construed to include the land itself and all build ings structures and improvements or other fixtures of whatever kind thereon. and all rights privileges and franchises (unless by this Act otherwise provided), thereto belonging in anywise per taining; also all trees growing thereon, and all mines, minerals quarries or fossils thereon or hereunder.
 Section. 4. Personal property for purposes of taxation shall be construed to include
 l. All goods. chattels, moneys and effects.
 craft employed in navigating the waters lying wholly or partly within this State. and all capital belonging to the Inhabitants of this State, invested in steamboats, steamships or other water craft, located without this State; pro- vided. the same is not taxed by another State or sovereignty.
 3. All improvements made by others upon lands. the fee of which is still vested in the United States or this State, and all improvements and other structures, upon lands the, titles of which are vested in any railroad com pany or other corporation whose prop erty is not subject to the same mode of taxation as other property.
 r. florists, growing or otherwise.
 5. All gas. oil and water mains pipes, conduits. subways wherever To- cated; all tracks roads and bridges of street railways. turnpike and bridge companies, and all poles. wires and other apparatus of telegraph and tele- phone lines.
 G. Credits of every kind over and above debts owed by the creditor.
 '. The income of every annuity, ura less the capital of the annuity be taxed in this State
 s. All public stocks, bonds and se- curities of every kind
 g. All personal property situated in this State of corporations, whether the owners thereof reside in or out of this State.
 10. All shares of stock in banks. or sanized under the laws .: this State or of the United States.
 II. The capital stock, lEndivided prof it's and all other mea4s not forming part of the capital stock of every com pany whether incorporated or unincor- porated.
 Section 5. In the construction of this Act the following rules will be observ- ed unless such construction would be inconsistent with the manifest inten- tion of the Legislature, or repugnant to the context
 l. Person" shall include firm com pany or corporation.
 9 The term oath wherever used in this Act shall be held to mean oath" or affirmation"
 5. Every word Tn thlS Act denoting the masculine gender shall extend and apply to females as well males
 4. Pensions receivable from the United States, or from any State sal aries or payments excepted. shall not be held to be annuities within the meaning of this Act.
 g. Town shall be held to mean cfty.-town or village if laid out in lots or blocks as prescribed by law. whether incorporated or not, and district shall be held to mean school district"
 G. Tract" lot" parcel" or piece" s,Ln ha hal n