Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-05-07
ACT 1854
AN ACT

AN ACT
To AMEND SECTIONS 9 5AND OF ACT SO OF THE SESSION
LAWS OF 1909 AS NOW AMENDED, RELATING TO TIE Con
sERyATIoN DEVELOPMENT NATURAL. Re
TERRITORY THRoUGH IMMIGRATION AND
OTHER MEANS IMPosING TAX INCOMES Ar
rRorR1AT1NG PROCEEDS SUCH PURPOSES
Be Enacted by the Legislature of The Territory of Hqqi:
Section l. Section of Act SO Of the Session Laws Of
1902 amended by Act &c of the Session Laws Of 1909
hereby amended to read follows:
"Secon l. In addition to the tax of two per cent author
lied be levied assessed and collected upon the gains profits
and of persons the Territory of Hawaii under the
provisions of Chapter Nnenne of the Revised Laws of the
Territory heretofore amended there shall be levied assessed
and collected annually upon the gains profits and income
and Four Thousand Dollars derived by every person
siding the Territory, from all property owned and every
business trade profession employment vocation carried on,
in the Territory and by every person residing without the Ter
rtory from all property owned and every business profession
employment vocation carried in the Territory and by
every servant officer of the Territory wherever residing
of per the derived during the taxa
ton periods defined by this Act.
Provided, however, that such tax shall be levied
assessed upon money and the value Of personal property
quired by gift or inheritance"
SECTION Section of Act 33 of the Session Laws of 1909
is hereby amended to read follows
"Secton 3 In addition the Of two per cent author
lied be levied assessed and collected upon the gains profits
and of corporations provided said Chapter Ninety
nine of the Revised Laws of the Territory heretofore amend
cd there shall be levied assessed and collected annually upon
the profit above actual operating and business
expenses derived during the taxation periods defined by this
Act from all property owned and every business trade
poymen vocation carried in the Territory of all copo
aons doing business for profit in the Territory matter
where created organized of per the amount
derived during the taxation periods defined BY this Act
Provided however that nothing herein contained shall apply
to corporations associations conducted solely for
charitable religious educational scientific purposes nc
ing fratea beneficiary societies insurance companies
taxed percentage of the premiums under the authority Of
another law
sEcroS g. Section 5 Of Act 80 Of the Session Laws Of
1909 is hereby amended to read as follows:
"Section All amounts collected from time TO time under
the provisions of this shall constitute and be held by the
Treasurer of the Territory special fund Notwithstanding
the provisions Act Is of the Session Laws Of 1901 any
law force be used and applied for the purposes sp
Gifted by this Act and otherwise, that is onehaf
of said fund is hereby appropriated for and shall he used for
the encouragement of immigration the Territory of Hawaii
aid and development of the agricultural resources and con
TONS including the expenses of the Board of ion the
same be available for expenditure from time time shall
be determined by the Board of Immigration with the approval
of the Governor; onequarer is hereby appropriated for and
shall be used for the expenses Of the Board of Commissioners
Of Agriculture and Forestry, other than those for forestry and
the photographic the e he available for expendl-
4 from time time as shall be determined ~ said Beard
~ Commissioners of Agriculture and Forestry with the appro-
val Of the Governor and oncuartcr 81 said fund hereby APP
pr;ated for and shall be used for the development conr
raon improvement and utilization of the natural resources