The Harrison times., 1912-07-06

ldilgt anu llt dhBlthdlb maj lhNA NaAhH
or actual value OF such bonds
6. The assessed value Of all real es-
tate owned by tho company
7. The value OF all tangible personal
property owned by the company and as
sessed under either section i6, IS, 10.
81, or 22 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-
gible property OF the corporation ana
shall be listed and assessed by the corr
poration as aoant for It's shareholders
under the heading Intangible Prop
erty."
Section 81. The corporations required
10 make the return provided for In section
80 Of this Act shall list and assess their
tangible property real and personal,
on the proper form as provided by SEQ
tions 16, rs, 49, 2l, and 22 hereof. Tho
return prescribed by section 30 hereof
is required In addition 10 the regular
lists provided by this Act and It's pur-
pose is TO secure tho assessment OF the
Intangible property belonging TO the
Section 49, Each Of the statemqnts
required by sections lG. II, rs, 10, 20,
21, 22, %, o. 2S and 30 OF this Act
must be subscribed and sworr 10 by the
person making and filing same. Said
oath shall be In the following form
Observation-Disclosures, do solemnly
swear Cor affirm that tho 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 Observation-Disclosures,
that each answer made by me In said
statement is In every respect true; that
I have valued each Item OF property at
It's true and full value In money; and
that In fixing the value OF said property
I have not taken samo at an amount
~, lls Nyat. RI T,,II ,FnTtt d..
because OF tho fact that I was assess
ing said property for taxation"
Section 80. Except az may bs By
this Act otherwise provided, all prop
erty shall be listed and valued as on
the FIRST day OF February IN tho year
In which same is assessed and the trans
fer or sale OF any taxable property sub
sequent TO tho first day OF February
shall not authorize any person 20 OMIT
the same from any list, although such
list shall not bo made until after the
sale or transfer OF such property. but
all such property shall be listed for
taxation IN the same manner as II no
sale or transfer thereof had been made
Rut where bonds OF the United StateS
have been purchased by any individual
or firm during tho year prior to the
first day OF February and such indi-
vidual or firm is claiming exemption
because OF such bonds, whero property
is required 20 be listed az OF that day,
the value OF such bonds IN money shall
be divided by twelve and tho quotlent
shall be multiplied by tho number OF
months or fractional parts OF months
remaining after deductlnB tho time
which said bonds were owned and such
product shall be listed MS money on
hand on tho first day OF February.
Section 80. Except as IN this Act
shall be listed and assessed In tho coun.
ty, town or school district whore the
owner agent or trustee resides
Section 35 The capital stock ana
property OF corporations except ns
otherwise provided, shall he listed and
trlct whore tho principal ofllce or
place OF business OF such corporation n
located In this state; n thoro be no
such ofllcc or place OF business, then
nt tho place IN this state where such
corporation transacts lts business
Section 80 Every corporation, the
taxation OF whose shares OF stock In
provided by sections 20, 20 ana ~ hors-
or shall mako the return provided by
said sections and list for taxation said
shares OF stock IN tho county, town
or school district whore tho principal
oflce OF such corporation may bo To-
Gated.
Section ~, The personal property
pertaining 20 the business OF mer-
chant or OF manufacturer, whether .
I'lNNl VI 'NlINlNNlNNt Nllhll w llNNnu
and taxed IN the county town or
school district whore such business is
carried on Merchants and manufno.
turera having more than one place OF
business shall make and file separate
list OF tho property pertaining 20 each
shall be 0lod In tho county town or
school district In which the property
embraced In IL IN located,
section U.s. Nonrcaldents on ne
state doing business In tho state elths
or oa principals or partners shall be
vested IN such business, Ns personal
property In tho district whore such
huHlncHH la carried on ~ the Aana ak
tent ~ II they were residents OF tho
state, Money negotiable soeurlpes..
bills receivable, open accounts, credits
OF every KIND and chooses IN action OF
every character incident TO-. growing
out Of or pertaining 10 said business
shall be deemed 10 be situated nt the
place whore the huanona w carried on
and shall he taxed na \ part Of said
hualnoaa. The amount Of credits "a ha
taxed shall be HHeerlnned IN the same
menner Aa are credits OF residents OF
this State,
Personal property Of honresldents OF
tho State having an actual HltuH IN tho
state. and not forming part Of the
capital invested I'm business In tho State,
shall ho assessed I'm tho name OF the
owner thereof for purposes OF ldentlIia
| cation ana taxed IN the district whore
such property ~ situated
Section 8n Logs lumber eroHHtleH,
| slaves, Htave bolts Hthve headings
fence posts, telegraph ana telephone
posts nnd other similar timber prod.
uctH cut for sale shall be- deemed
90 ho manufactured articles or materials
IN process of manufacture nH the ease
may be, Ia the hands OF the person who
cut or manufactured them for sale, ana
merchandise " they have passed into
hands OF tho person who bought them
FOR tho purpose Of selling them, ana
whether they arc the property Or
person Or corporation they shall be listed
ana taxed IN the county town or dis
trlet IN which they may DO located on
February lat
aeetion 40 Live stock and other per.
aonAl property connected with ANA used
upon IA farm upon which the owner,
whether person or corporation, does
not reside, shall be- listed ana assessed
ln the county or district ON which tho
farm M Hltuutedi provided that II the
farm la situated in more lhhn one dlsa
triot the personal property used w e0ha
| Reeti0R with II shall be listed and ass
Hpsspd ih the district which the principal
farmhouse or place OF business ls loa
Gated
Section A. Steamboats,. barges ana
wnterrtnftH of every kind shall be listed
nnd RHuraacd In the county, town or
school district ln which they ara ens
rolled, registered or licensed, And lf not
enrolled, registered or licensed, then IN
the town county or district where