The Nevada County picayune., 1912-07-05
FOR ACT NO. 1, AGAINST ACT NO. l.

 gible. 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 cd shall be exempt from taxation, to- wit:
 l. All schoolhouses. academies, col leges. univ ties and SeminaTies of learning. with the books and furniture therein, and the ground attached to sucH buildings and necessary for the proper occupancy. use and enjoyment, this provision does not extend to property leased or otherwise used with d view to profit
 . 2. All houses used exclusively for public worship. and so much of the lots or parts of lots upon which such houses are situated may be necessary for ene proper use. occupancy and enjoyment of same, such exemption shall not in clude any property leased or in any manner used with a 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 ahis State.
 6 All property belonging exclusively to any county, city, town. school dis trict or improvement district held and employed exclusively Tor public pur- poses
 6 All buildings belonging to institu- tions of public charity. including orphan asylums, houses for the indigeht and public hospitals together with the lands actually occupied by such institutions. not leased or otherwise used with view to profit and all supplies. furni- turs and personal property Of every kind including moneys and credits. ap- propriated solely to sustain and belong ing exclusively to such institutions.
 T. All fire engines and other appa- ratus used for the extingutshment oi fires with buildings used exclustYe'A for safe-keeping thereof. and for the meeting of fire companies, whether be logging to any town or to any fire company organized therein.
 X 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 Sunuay School assemblies, Young Men thfIs- tian Associations. societies for religious instruction or worship, expressly dedt- 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 or any State. district or county agrlcuitura' society or industrial exposition
 IL 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 to said town, or supplying said town with gas or electricity, not leased or otherwise used with a view to profit
 Section 3. Real property. Tor the purposes of taxation. shall be construed 10 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 proVlded)' thereto belonging or in auywise per tafning: 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 10 include.
 | All goods, chattels, moneys and effects
 2 All steamboats and other water 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 stea amboats, 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 stllt 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 psny or other corporation whose prop sty is not subject to the same mode Of taxation as other property.
 ( All stocks of nurserymen and florists growing or otherwise
 5 All gas. oil and water mains pipes. conduits. subways wherever To- eAted: all tracks. roads and bridges @t street railways, turnpike and bridge companies, and all poles, wires and other apparatus of telegraph and tele- phone lines.
 6. Credits of every kind over and above debts owed by the creditor
 T. The income of every annuity. un- less the capital of the annuity be taxed in this State.
 8 All public stocks. bonds ana se- ourities of every kind
 q All personal property situated m this State of corporations, whether the owners thereof reside in or out or thls State.
 I0. All shares of stock in banks, or Fantzed under the laws of this State or Of the United States.
 Il. The capital stock. undivided prof It's, and all other means not 1othlnS part of the capital stock of every com pany whether incorporated or unineor- poratcd.
 Section 5. Tn the construction of this Act the following rules will be obserV- cd, unless such construction would be Inconsistent with the manifest inten- ton of the Legislature or repugnant 10 the context:
 L Person" shall include firm com pany or corporation.
 ? The term "oath" wherever used In this Act shall be held to mean oath Or affirmation"
 3. Every word in this Act denoting The masculine gender shall extend ana apply to females as well as males. .. I. 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.
 D. Town" shall be held to mean city. town or village if laid out in lots or blocks as prescribed by law, whether Incorporated or not, and district snail be held to mean school district
 6, Tract" lot" parcel or piece Of land shall be held to mean any con nguous quantity of land in the posses sion of, owned by or recorded as the property of the same claimant or per son
 T. True and full value" shall mean the usual selling price at the place where the property to which the term IS applied shall be at the time Of as, ssssment, being the price which wouio