Arizona republican., 1913-03-19

mines the net proceeds which is de- termined by extracting from the gross proceeds the following items:
 All money expended for necessary labor. machinery and supplies. needed
 in the mining operations. for bet terments in and about the workings
 reduction of the ores. for the repair and betterments of mills and reduc-
 tion works in connection with the
 mine, for transporting the ore. and
 the conversion of the products there
 of into money or it's equivalent Such expenditures shall not include, how
 ever, money invested in the mines
 in real estate or the construction of
 new mills or reduction works. nor the
 salaries or any portion thereof, of
 any persons. agents or officers not
 actually and cOnSecutiVely engaged in
 the workings of the mine or in per
 sonally experimenting the manage
 ment thereof. within the state of Ari-
 Zona These computations of values
 are to be based on the average mar
 ket quotations of each of the pro
 ducts in New York City as given by
 some standard authority With these
 factors in hand the commission pro-
 ceeds to fix the valuation for the
 purposes of taxation by adding the
 gross product with the net proceeds.
 and the amount in dollars and cents
 shall be the valuation.
 The above applies to the mines of the first class The second class val
 ue is reached by adding the net pro- ceeds to 15 per cent of the gross pro- duct The third class by adding the net proceeds with fifty per cent Of the gross product. When the net ] proceeds and gross product is derived from q group of mines the assess ment is made on pro rata basis according to the acreage of the seV- eral mines Mines of the fourth class are determined as to valuation by taxing them as real estate by the local taxing officials.
 Real estate or surface ground used 1 by mining companies having a sep arate and independent value than the mine property, as well as the value fC ; reduction works, mills. smelters, ma | chinery and appliances, shall be as ] sessed by the county taxing authOri- 1 ties. The state tax certifes this to the l county assessors on the first day Ot | May of each year. the assessors be- | ing by law required to asses the ! mine as directed by the tax commits sion Before the fifth day of May | the entry must be made by the as | sessOr. Due penalties are provided 1 for any attempt to circumvent the law l or to break it The commission is ! given the power to subpoena wit l nesses to arrive at the value of the | mines.
 ] Under the proposed law appeals from the decision of the tax commits
 sion are provided for. but the, person 1 firm or corporation appealing is re- | quired to pay the full amount of the taxes assessed before making the ap- l peal. The payment is to be accom- ] panied by a written protest, q copy of which must be served on a mem 1 Der of the commission within thirty 1 days after it is made. The proceed | ure in the courts is similar to other l procedure in civil cases. except il | provides that the court must hear the I case within fifteen days after dock 1 eting A jury must hear the case l The emergency clause is attached tC this bill.
 | The second bill provides for ap- 1 praisement and assessing valuation ot mines by the commission. giving the l members of the commission the righ | to examine into the books of the | companies. the power to administer 1 Oaths issue subpOenas and compel at
 tendance. It provides when neces- 1 sary for the employ of expert assist 1 ance with the consent of the governor 1 and the attorney general, and pro-
 vides for an appropriation of 5000 i for the purposes of the commission | and to carry out the purposes of tht l act The emergency clause is at l tached to this also.