Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1913-08-29

sSmpsny dehned b ssctiOn Blss shau annus,ly dur-
80 49, sne month Of July make and Ale with The tai
snd verified By the oath Of the person AGENT or ocer
= 49, tne same. setting forth the facts enumerated
d thu % tas e any q them applicable
nIs gay Of said month and had reference 70 the
irs q seh company during srai year end
"a, Inc name Of the cunpars
80 Inc nature Of the company whether person.
ssS trustee lessee receiver mortgage In possession
osnes person. Or joint stock company partnesshp
association or corporation
asset ~ The location Of its principal oca an
sassocihuou Partnership. OF corporation under the
avs q what state country. and when organized
.c ~ Inc name and pcst-onscs address Of the per-
49, % q the president secretary auditor treasurer
an1 Superintendent general manager
sol The name and post-oface address Of hia o. ia
re, o1 1cer or managing agent In Wisconsin.
20 Its capital stock: (a) Authorizei 10 issued:
nuu, sleeping company the total amount Of
y, IA stock invested IN its aleeDngcar business
'eanVing (o1 not issued; (c) treasury.
sr9s, me par and market yaiues there be no
talAse value the actual value OF all Of the shares
y US capital stock invested in its business
~ statement Of the situation. income and value
- . aetan OF al its real estate In Wisconsin
w a ful and correct inventory. at the true
easn value q its personal property. including
ana credits In Wisconsin
I'D The location. character and total value Of all
as real estate outside OF Wisconsin used in its bua-
I'D The total value Of an its personal property.
ccns.n.
tl3 The whole length and the names OF railroad
nnes and water and stage routes over which Il did
business, and separately. in detail the portions OF
such lines and routes within this state and the por-
IONS OF such routes navigabe waters Of the
United States within this state
I'D Such other facts or information such com
pIls may deem material upon the question Of the
taxable value OF its properly within this state: and
sueh other facts or information the commission
shall call fer.
Said commission shan furnish forms to said COM
pa Slrs, upon which 70 make such reports
Section "A. Sections 1222bb 1o22be 1222--53,
lzzl-o5 and l222-T3 Of the statutes con-
sohdated, revised and amended to read: 81. SO The
eex commission shall make assessment Of the
property Of all companies defined In section 81 80
within the state fer the purpose Of eVyng and col
letting taxes thereon hereinafter provided 1t shall
commence such assessment the third Wednesday
or August in each year and proceed day by day.
unless adjourned for longer time until such assess
men finished. Said commission by registered
letter. shat give notice to the oflcer OF each sucn
company attestne It's report Immediately after the
filing thereof, and the time and place such company
may appear and be heard in respect the
to be made upon its property Sleepingcar property,
as dedned by section 5I.36. which is owned and
operated by any railroad company taxed under the
provisions of this chapter, is exempt from
vndcr this section. and from all taxation pursuant
TO such assessment,
Section IS. SECTIONS i222bc 1222-54 l222-s4 and
/ l222--74 Of the statutes consolidated, revised
ana amended 70 read 5d,S9 The tax commission
shall carefully consider all reports made pursuant
to section 537 and all other evidence COL
lectcd or available and after hearing the testimony
and arguments which each company defined in sec
ton 5l.36 may offer shall proceed to determine the
true value in money Of entire property Of each
such company in this state. according to the fol-
| lowing rules:
| (a) 1t shall find ascertain and determine the
actual value in money Of the entire amount OF the
capital stock Of each such company invested IN It's
business: and the amount so Obtained and de-
termiued 1t shall deduct the actual value of all its
value OF all Its personal property not used In rs
| business. The remainder shall be taken and con-
sidered as the actual value Of the capital stock Of
1 such company invested in its business.
i (bl The commission shall then divide the amount
so obtained by the total number of miles Of railroad
!. stage water and other routes over which the com
pany did business. obia ain the value per mile. ana
shall then multiply the value mile thus obtained
by the total number Of miles Of such routes within
this state. exclusive however Of the number Of miles
/ OF water routes the navigable waters OF the
United States within this state and the result shall
be taken and considered the actual value Of the
property of such subject to assessment and
| taxation In this state.
1 (c) Tne commission shall thereupon assess sucn
value and shall levy tax thereon for the Of the
state at the rate OF taxation state and local
consolidated OF this state, certifying such assessment
levy TO the state treasurer who shall thercupon
by registered letter notify the officer attesting the
report Of such company. the amount Of the assess
ment the rate Of levy and the amount Of the tax;
and such company shall have thirty days after the
mailing OF such notice within which to pay said
ak to the state treasurer And such tax when paid
shall be in lieu Of all other taxes and licenses Of
| every against such company.
Section 46. Sections l222bd. l222-5S 1222-05.
| 1222-75 and 1222-S6 OF the statutes
| soidated. revised and amended to read: 5l4O ~
II company designated in section 61.S8 shall fall
to make the report required Of IL by section 81 81 the
commission shall proceed upon the best information
II be able to obtain to make statement for such
company Of all the facts which should have been 90
reported and shall notify such By registered
| letter OF IL ction in that behalf. Thereupon the
company SO tned may appear and be heard as
property Of any such company shall become due and
payable thirty days after the meiling to It BY the
state treasurer Of the notice required by subsection tc
OF section 81. SO.
~ All taxes remaining unpaid shall draw interest
at the rate Of fifteen per centum per annum AFTER
they are Que. and upon such failure to pay the at
torney general shall proceed by action in the name
of the state against such to collect the
together with interest and the costs Of the suit
t3l In any action. whether heretofore or hereafter
| accrued. the state may proceed BY attachment or
punishment to reach property or assets OF the de-
such ancillary proceedings shall be sufficient II IL
states that there ie due and owing TO the state from
| the defendant sum- naming It 10 near as may De.
In lieu Of the usual statement that the tax and in
frest Is due TO the state contract and in lieu
the statement that the action is to recover damages
section A. Section 1222-5e Of the statutes is re-
I psaied.
Section 49, Section 1222-sS Of the statutes is re-
| numbered and amended to read: 5l4l II any com
Dany described In section 51S6 or its officers or agents
shall unreasenaby refuse neglect to make any re-
port required by law by said commission. or shall
unrcasonably refuse negect to answer material
question, to permit an inspection or Its records.
| books accounts or papers when requested by said
commission, 1t shall be cstopped to question or i'm
peach the action or determination Of the commission
except upon satisfactory proof Of fraud mistake
injurious it. No such company shall be allowed In
any action proceeding to question the amount or
valuation OF Its property and franchises assessed
| by the commission unless 1t shall have made and
fled with such commission full and complete report
of the facts and information prescribed by law and
called for by the commission; provided that the
fsaI neglect Of such to file Its report In
| time may, on verified petition and for good cause
| shown, be excused by the commission on condition
/ that such company shall make fun and complete
repcrt disclosing all facts and information REQUIRED Of
Il within fifteen days after leave Is given to file such
| report and shall appear before the commission and
make full disclosure of all property liable to assess
| rnent and taxation under this chapter and show its
| value.
Section 40 Section 1222S4 of the statutes Is re-
! numbered and amended read; SLAP For the pur-
pese Of determining the cash value Of the prop
erty of each company described in section 5lS6 In
Guiding the value of its franchises the commission
mae view and inspect any CT its property, and may
consider the reports fled In compliance with law. and
any reports and returns of the company in the office
Of any officer Of this state. public Office in
any other state and such other evidence infor-
nation as may have been taken obtained, bearing
mon the true cash value Of the property and fran
cflises of such company. In Of companies doing
business partly within partly without this state
the commission shall such portion Of the en-
fire property as Is properly and legally apporonabe
r. this state taking into consideration the value of
the entire system and that part thereof within this
state the earning capacity Of the entire system and
Of that part within this its entire mileage and
the mileage within this state the mileage OF the
entire syeter and the car mileage within this STATE
fafesa apdp