The Nevada County picayune., 1912-07-05


 or actual value of such bonts (. The assessed value of all real es- ! tate owned by the company. [ The value of all tangible personal property owned by the company and as- | sessed under either section 16. IS, ls, 1 2f, or 22 hereof
 | The sum of items four and five. ley | the sum of items six and seven. shall | he held to be the value of the intan- | pihle property of the corporation and l shall he listed and assessed by the cor l pO~ation as agent for It's shareholders under the heading Intangible Prop | erty."
 Section 31 The corporations required | to make the return provided for in section l 30 o<A this Act shall list and assess their l tangible property. rear and personal, on the proper form as provided by sec 1 tions 16, 1S. 19 2I. and % hereof The 1 return prescribed by section 90 hereof l is required in addition to the regular 1 lists provided by this Act, and its pur- | pose is to secure the assessment of the 1 intangible property belonging to the | Corporation
 Section 32 Each of the statements required hy sections t6. IT, 1S 1s. 20, | 2t. % 25. 27 2S and 3o of this Act 1 must be subscribed and sworn to by tho l person making and filing same Said oath shall be in the following form: | ''l..........,..#.... ''l do SDlemnly swear Cor affirml that the list of prop | ertv as now rendered by me contains 1 all the personal propertv. which I am l by law required to list for taxation for | myself Cor as.. ,,................) J: | that each answer made by me in said | statement is in every respect true: that l I have valued each item of property at l it's true and fuil value -n money; and l that fin fixing the value of said property | I have not taken same at an amount l below it's true and full value in money because of the fact that was assess l ing said property for taxation" | Section 33. Except as may be by this Act otherwise provided. all prop erty shall be listed and valued as on l the first day of February in the year | in which same Is assessed, and the trans | fer sale of any taxable property sub- l sequent to the first day Of February shall not authorize any person to omit l the same from any list. although such l list shall not be made until after tho sale or transfer of such property. but all such property shall he listed for l taxation in the same manner as if no l sale or transfer thereof had been made 1 Put where bonds of the United States l have been purchased by any individual | or firm during the year prior to tho l first day of February and such indi- vidual or firm is claiming exemption l because of such bonds, where property i is required to be listed as of that day, the value of such bonds in money shall | he divided by twelve and the quotjent shall be multiplied by the number of months or fractional parts of months l remaining after deducting the time which said bonds were owned and such | product shall be listed as money on, l hand on the first day of February.
 Section 34. Except as in this Act 1 otherwise provided personal property shall be listed and assessed in the coun-l ty, town or school district where the owner. agent or trustee resides. Section 35 The capital stock and property of corporations except an otherwise provided. shall be listed and taxed in the county. town or school dis trict, where the principal office or | located in this State; if there be no such office or place of business then at the place fin this state where such l corporation transacts it's business. Section 36 Every corporation. the taxation of whose shares of stock is provided by sections 22. 25 and 27 here of, shall make the return provided by said sections and list for taxation said, shares of stock in the county, town | or school district where the principal l office of such corporation may be lo- l cated
 Section 37. The personal property pertaining to the business of a mer-i chant or of manufacturer. whether . ] person or corporation. shall be listed and taxed in the county. town or school district where such business 10
 'rried on. Merchants and manufac- , DTS having more than one place of l list of the property pertaining to each l place of business. Each of said lists shall be filed in the county. town of' school district in which the property embraced in 1t Is located
 Section 3S. Nonresidents of the State doing business in the State. eith- CT as principals or partners. shall be | 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- l tent as if they were residents of the ] State. Money. negotiable securities. bills receivable. open accounts. credits i of every kind and choses in action of every character incident to. growing out of or pertaining 10 said business shall be deemed to be situated at the place where the business is carried on i and shall he taxed as part of said business. The amount of credits to bA | 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 l State, and not forming part of the i capital invested fin business in the State, 1 shall be assessed in the name of the cation and taxed in the district where such property is situated.
 1 Section 5s. Logs. lumber. crossties, slaves, stave bolts. stave headings fence posts. telegraph and telephons posts and other similar timber prod. ucts cut for sale shall be deemed to to be manufactured articles or materials l in process of manufacture. as the cast | may be. in the hands of the person who cut or manufactured them for sale. and merehandfse if they have passed into
 
 for the purpose of selling them. ant ! whether they are the property of person or corporation they shall be listed l 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 person or corporation does not reside, shall be listed and assessed i Tn the county or district on which tho farm is situated: provided. that if the farm Is situated in more than one die- trict the personal property used in con nection with it shall be listed and az sessed In the district which the princippss
 Farmhouse of place of business F 4S
 cated. ~
 Section 41. Steamboats. bargeit it,sfel
 watercrafts of every kind shall pen pe or
 and assessed in the county orr sn-
 school district in which they IF not
 rolled, registered or licensed. then ih
 enrolled. registered or licensssaf whore
 the town. county or dis'
 usually kept. .asrfy of ssa
 Section 42. Personal pfo5psiI~sy. tsls-