The Prescott daily news., 1912-05-31


 truS, n, and the aggregate market value = actual value of such bonds
 or The assessed value of all real es- ..ts owned by the company
 The value of all tangible personal .,orerty owned by the company and as- sessed under either sectioh io' TO- i'' si or 22 hereof
 The sum of items four and five. less ..a sum of items six and seven, shall sa held to be the value Of the intan- Sible property Of the corporation ana ssheII he listed and assessed by the cor nra tion as agent for it's shareholders ppuder the heading Intangible Prop srty" Section 31. The corporations required .o make the return provided Tor in section so of this Act shall list and assess their ssoorgihle property, real and personal, en tbe proper form as provided by sec tions. 16. IS. 19 21. and 22 hereof. The rstnrn prescribed by section 30 hereof i raouired in addition to the regular ists nrovided by this Act, and. its pur- noss is to secure the assessment of the p,ntangibie property belonging to the corporation.
 Section S2 Each of the statements -onuired by sections 16, IT, IS, 19, 20 s11q'222 p1 22. 25. 27, 2S and 30 of this Act 1nnst be subscribed and sworn to by the norson making and filing same. Said oath shall be In the following form: .waar Cor iaf1firm) that the list of prop ortv as now rendered by me contains oil the personal property. which I am by law required to list for taxation for myself Cor as. ......); that each answer made by me in said statement is in every respect true; that have valued each item of property at its true and full value Tn money; and that in fixing the value of said property I have not taken same at an amount below it's true and full value in money because of the fact that I was assess ing said property for taxation"
 Section B. Except as may be by this Act otherwise provided all prop erty shall be listed and valued as on in which same Is assessed. and the trans fer or sale of any taxable property sub- seouent to the first day of February shall not authorize any person to omit the same from any list. although such list shall not be made until after the sale or transfer of such property, but all such property shall be listed for taxation in the same manner as if no sale or transfer thereof had been made Put where bonds of the United States have been purchased by any individual or firm during the year prior to the first day of February and such ind- vidual or firm is claiming exemption because of such bonds, where property is required to be listed as of that day, the value of such bonds in money shall be divided by twelve and the quotient
 
 months or fractional parts of months remaining after deducting the time which said bonds were owned and such product shall be listed as money on hand on the first day of February
 Section 34 Except as fin this Act otherwise provided personal property shall be listed and assessed in the conn ty, town or school district where the owner. agent or trustee resides
 Section 35. The capital stock and
  otherwise provided, shall be listed and taxed in the county, town or school dis trct where the principal office or place of business of such corporation is located in this State; if there be no such office or place of business. then at the place in this State where such corporation transacts its business.
 Section 36. Every corporation. the 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 office of such corporation may be To- cated
 Section 37. The personal property pertaining to the business of a mer- chant or of a manufacturer. whether a person or corporation. shall be listed and taxed in the county, town or school district where such business Is carried on. Merchants and manufac-
 
 business shall make and file a separate lst of the property pertaining to each place of business. Each of said lists snall be filed in the county. town or school district in which the property emoraced in it 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, 10 the same ex- seht as If they were residents of the state Money, negotiable securities. pills receivable, open accounts. credits or every kind and choses in action of every character incident to, growing .heu .he or or pertaining to said business place where the business is carried on ana snail be taxed as a part of said uuslness. The amount of credits to be @.aAeu @ snail be ascertained in the same this State
 4, Personal property of nonresidents of S, .e state having an actual situs in the caaits, Seate and not forming part of the eap,tal invested in business in the State, o omall De assessed in the name of the owHer oe.Hr thereof for purposes of identifi- eaton eaton and taxed in the district where sush property is situated.
 section S9. Logs. lumber crossties. saHeS stave bolts. stave headings, noa.e rente posts, telegraph and telephone pes po9 ana other similar timber prod uets cut for sale shall be deemed .o be manufactured articles or materials Ill process of manufacture, as the case n. may De In the hands of the person who sut or manufactured them for sale and heIShandise h if they have passed into nands of the person who bought them nn nJr the purpose of selling them and mnether narsr they are the property of a prtson ana or corporation they shall be listed tra. a taxed in the county. town or dis EaSt EEaSt in which they may be located on february lst.
 section 40. Live stock and other per- ma property connected with and used wh., tarm upon which the owner, "..vL.eI A person carnAra tinn does