The Birmingham age-herald., 1915-10-23

the masculine gender shall also appl, I to females; and all words importing I the present tense shall also apply tc 1 the future. s. The term merchant i as used in this act includes all per
 sons, copartnerships or corporations engaged in trading or dealing in any hihd or goods, wares merchandise
 either on land or in amboats. wharf 1 boats or other craft stationed or ply ing in the waters of this state, whether
 such goods or merchandise be kept on
 hand for sale or the same be purchased ana delivered for profit as ordered. s The term value" means the fair and
 reasonable cash value of the taxable property and shall be estimated at the price at which the property would bring at a fair voluntary sale.
 EXEMPTIONS FROM TAXATION Sec. 2. The following property and persons shall be exempt from taxation
 l. All bonds of the United States and or this state and all county and mu- nicipal bonds issued by counties or municipalities of this state. All prop erty, real and personal, of the United states and of this state and of the | county and municipal corporations of this state; all cemeteries and lots in the same, and all real and personal property, when the same are used ex- clusively for religious worship, educa- tional or purely charitable or fraternal purposes; all school furniture and per sonal property used exclusively for school purposes; and all property, real or personal, that may be used exclu- sively for agricultural or horticultural associations of a public character, or Tor the maintenance and education of young men preparing for the ministry In any church or religious association: all property of state or county fair as- soc1atfons; all money on deposit in banks; and all manufactured articles which shall remain in the hands of the
 manufacturers thereof on the first day
 or October of the Year in which said
 articles were manufactured; provided that nothing herein contained shall re- peal or limit the exemption from tax atlon or any property now exempted
 for limited time or extend such ex-
 omption Tor greater time. 2. All
 the property of literary and scientific
 institutions and literary societies, when
 employed or used inethe regular busi-
 ness of such institutions. 3. The
 libraries of ministers of the gospel
 and all libraries other than those of professional character and all relig-
 ious books kept for sale by ministers of the gospel and colporteurs 4. All deaf mutes and insane and blind persons and their property to tho value of 5000 5. From poll tax, all persons permanently disabled, whose tax able property does not exceed $500. 6. All family portraits. 7 The following prop
 erty, to be selected by the head of each family, viz: Household and kitchen fnrniture. not to exceed in value $50; one yoke of oxen or one mule, or one horse used for farm purposes one cart or wagons two cows and calves 20 head of hogs, 10 head of sheep, all poultry, all cotton and other agricultural pro- oucts which were raised grown dur ing the preceding year, and which shall remain in the hands of the producer thereof; provisions and supplies on hand Tor the current year, for the use of the family and the making of the crop; all wearing apparel; all looms and spinning wheels kept for use of the family; farm ing tools to the value of $75; tools and implements of mechanics to the value of sZ5; che sewing machine in each family, when the taxable property does not eX- eeed $250; provided, that no property or subject of taxation shall be exempt from taxation, nor shall any credit abatement, or reduction be allowed therefrom, unless such property or subject of taxation is entered by the taxpayer upon his assess ment list, end returned by him, under oath, to the tax assessor.
 Sec. 5. All shipbuilding plants. in the erection construction and equipment of which not less than 5000 shall have been bona fide expended in that time, together With the buildings works, machinery, ap- pllances and appurtenances thereof, and all additions necessary proper for it's practical operation made to any such plant it's buildings, works, machinery, appliances and appurtenances, shall be
 exempt from state, county, municipal taxation and licenses for a period of 10 years. And all the capital stock of any such shipbuilding plant shall likewise be exempted from all state, county, mu- niciral taxation and licenses during said period of 10 years but this section shall not be construed to exempt from such taxation any lands upon which such plant is erected, or which may be used in con nection herewith. Provided, that no house or building inhabited by any per son or used for the sale of any goods, Wares or merchandise shall be exempt from taxation under this section.
 Sec. 4. Cotton and other agricultural products shall be exempt from taxation in the hands of the producer in the hands of the purcha ser purchasing the same fof prompt shipment, and all manufactured articles. including pig iron, shall be ex- ompt from taxation in the hands of the producer or manufacturer for 12 months after it's pi Cduction or manufacture. sec. 5. No licenses or taxes If any character shall be collected by or re- urired to be paid to the state or any county or municipality therein. by any state or county fair, agricultural associa- ton stock or poultry show, or from
 those who conduct business under con tract with such fair, association or show. on premises owned or controlled by it during the annual fairs or exhibits of
 such association
 RATE AND SUBJECTS OF TAXATION.
 Sec. 6. The rate of taxation for state purposes shall be sixty-five one-nun- dredths of one per cent per annum on the assessed value of the taxable prop erty within this state.
 Sec. '. There is hereby levied for the purposes, and upon the property here matter named in lieu of all taxes here tofore levied, annual taxes follows, to-wit: ta) For the maintenance of the public schools of the state, 30 cents on each $100 of the assessed value of tax able property. (b) For the relief of resident citizens of Alabama, and their widows. 10 cents on each s100 of the assessed value of taxable pr6perty.
 Co For the use of the state and to raise revenue therefor, 20 cents on each s100 of the assessed value of taxable prop erty. 1. Every piece, parcel, tract or lot of land in this state, including there in all things pertaining to such land. and all structures and other things so annexed or attached thereto as to pass to vendee by conveyance of such land; and every separate or special interest in any land, such as mineral, timber or other interest, when such interest is owned by person other than the owner of the surface soil except growing crops. ?. All docks, wharves, wharf boats, landings and warehouses, where charges are made for the use of same, toll bridges and ferries canals, passes,