Gunnison news-champion., 1914-04-10

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the s9sasor aor shall such reboAaI
refund. o. abatement a tsxO -
cone binding without the Sristso
endorseReRi thereon 81 the approves
81 the Colorado Tax Commissioa-
Expsasn q Assssseg = Hish vOk.
Reasonable and Recessary expanr
SEES of the assessor in the field wee
~ assessment shall he allowed ~
the eounty comm iesioRers and pot0
out 81 the county treasury
AssssunsaG 4 Equities N otsAe
- ouAsa kAaA.
These shall be assessed at theis
full cash value, instead Of as here
tofore, at the actual amount Pan
In On the contract. Ascertain vsluo
of equity ss follows: From totaA
full cash value Of land deduct The
amount due; remainder Is full casA
value of equity.
fanss - - PaiA Def0ss Coatsstia9
n CsasSs
Corporations as well as indivil-
uals must pay taxes before c0nte0e-
ing their assessment In the ceurtA
Until nov this was required only -
individual taxpayers, corporatiO0D
assessed by the tax commission be-
ing exempt.
Asseeeess nsol 10 State.
Assessor bond TO state to be one
five-hundredth Of ! per cent Of ss-
seesed valuation of county. IL wao
formerly one-tenth of l per cent.
House Bill No. 54s
Pub6e Utilitiss - be Assessed u
CsassoAe faz Csnnissisa.
All public utilities, whether Opes-
ating in one county or In several
counties, are Hereafter to be sssesss1
by the Colorado Tax Commissi0a.
The new Law gives the following
Cs1ssaAO faz Csanissioa.
al. The term public utility,
as used in this act, means and en-
braces each corporation, company,
firm, individual and association,
their lessees, trustees or receivers
elected or appointed by any authss-
ity whatsoever and In this act ~
ferred to as express company, tels-
phone company, telegraph company,
sleeping car company. car line con-
pany, railroad company, power c00-
pany. pipe line company. water con-
pany. street railway company, geo
company. lighting company anA
heating company. Said term 'Duo-
lie utility shall also mean and en-
brace all sther glasses Of c0apanisa.
however owned or operated, and hav-
ing q continuity of business In I've
or more counties in the state, and
such term public utility shall in
cluAe any plant or property SWns1
or operated, or both. by any Of such
companies or corporations, firms. in
dividuals or associations.
House Bill No. 5N
Assesanent Il 3ines.
Precious-metal mines are to be as-
sessed on SO per cent of the gross
output. instead of 25 per cent -
heretofore. and, in addition to the
so per cent on the gross output,
there is to be added the entire net
output. IL any exists These are
the only changes made in the taH-
alton OF minee Mining claims and
improvements are assessed as here
tofore. (Sec. Revised statutes OF
Colorado. Secs. 561S ct seqD