Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1914-01-23
MANY FAIL TO MEET
TAX PAYMENTS
AND HAVE FORFEITED THEIR
PROPERTY AND SHARKS CAN
GAIN 1T WITHOUT LEGAL OBJ
STACLES.
Capital News)

Capital News)
Did you pay your taxes before JAN
5?
If you did not, you do not own any
property.
The reason for this is that under
the new law, upon your failure to pay
upon that date, 1t becomes the duty
OF the tax collector to report such
upon, forthwith and without any fur
Their procedure, the property be-
comes the property of the county.
There is no notice of sale. simply
because there is no sale made. Here
tofore, six months have been allowed
with penalties attached before trans
fer of title to property because of fall
ure to pay taxes becomes forfeited.
During that six months any taxpayer
might appear. pay the taxes together
with penalties and the property would
not even be advertised for sale, much
less sold. but now failure to pay acts
automatically to transfer title from
the former owner to the county, with
out opportunity to pay before such
transfer, without notice of any kind
and without sale.
Chance for Tax Sharks
Moreover, If. after such transfer to
the county by automatic action of law,
any citizen should ascertain that the
tax has not been paid and he should
regard the purchase a desirable one,
he can appear before the recorder
and demand an auditors certificate
which transfers the property to him.
Then if the former owner shall desire
to redeem it and get it back, he must
pay 10 per cent penalty and then on
top of that he must pay interest at
the rate of IS per cent and must also
pay 81 for his certificate.
There will be no delinquent prop
erty advertised for sale at any time.
The tax sharks will simply go to the
record sr's office. inspect the list, and
demand certificate for that which they
regard as offering a good investment
at IS per cent upon the outlay, and
the auditor cannot refuse, neither can
he demand that only a small portion
of any tract be taken as sufficient to
secure the payment of the whole but
he must transfer the whole property
to the tax shark.
Many Fail to Pay.
It has been ascertained that many
taxpayers, being unable to raise the
money with which to pay their taxes,
decided they would prefer to pay the
penalty. which they believed would be
per cent, in July. The 4 per cent
penalty, however, applies only to the
second payment when the first pay
ment has been made. If the first pay
ment was not met the county auto
matically, by operation of the law, be-
comes the purchaser of the property,
but is forced to transfer its rights to
the tax sharks upon demand and the
tax sharks get the benefit of the Is
per cent penalty. This has left many
heavy taxpayers in bad predicaments,
it is asserted. How many have failed
to make first payment and thus pro-
tect themselves, will not be known for
three or four days yet as the county
treasurer has been too busy sending
out receipts for money received by
mail to make out the list Of property
delinquent and, therefore, owned by
the county. When this list is cem-
pleted it will be turned over to the
county auditor and thereupon becomes
the property of the county until pur-
chased by the tax sharks.