The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1915-04-08

Investments in mortgages on real es-
tate In this State, securities OF this
State. public or private. bonds issued
by corporations located and doing
business in this State or guaranteed
by such corporations, provided. the
corporations issuing such bonds be
with such guaranteeing corporations
and also An amount equal to two-hfths
Of the cash on hand and cash deposited
within the State. Upon the value Of
each Of said franchises 30 ascertained
assess an annual tax OF five-eighths OF
one per cent; one-half of said tax
shall be assessed on or before the NJ
teenth day of May, and one-half on or
The Board of Sta,e Assessors shall
fhereupon certify said Assessments to
forthwith notify the several banks and
ASSESSED shall Be paid SUBSTANTIALLY
within ten days after the fifteenth
days Of May and November
Section s. Section ifty-seven Of
chapter eight Of the revised statutes.
As amended by chapter twenty,four Of
nine. IL hereby amended by striking
out the words April and October n
the third line thereof and substituting
therefor the words March and Septem-
sss ss n ssaas Sat ts the wGsss
line thereof and substituting therefor
tho words April and October. 30 that
said rection Is amended shall read q
follows: =
State shall semi-annually on the last
secular days Of March and Septem ber
nakA return. signed and sworn TO ~
In SECRETARY. of its assets and liabili-
tbs 10 detail, Of the net amount of its
nnvp0Hnonts other than In loans to In
dfv141ia1a. :. or corporations ON real es-
fn40 and. ON shares Of the association,
caring the SIX months ending on each
til dus1wpaid in by its shareholders
dux1ne the six months ending on each
Of 6Ai1 days, exclusive Of Withdrawals.
11ueG interest and premiums. SAID re-
tsisD saell be made to the Board Of
ond Mondays Of April and October, and
for YnknllY making false return. the
1ecfgtaty forfafts not less than I'VE
ssd dollars ; nor f., more re-, than a,,rar fv W
ssnA association shall pay to the
En1arsr Of State . tax OF one-fourth
% ole per cent . year on the amount
81 monthly capital dues % r~
{uTlad Of the investments OF such
assoeiat1ons other than In loans to In
dividunas and corporations on real es-
tatA and on shares OF the association
chapter eight Of tho revised statutes
Is hnfoby amended By striking out the
word April in the second line there
OF and substituting therefor tho word
:S IL x *. oS s. the Esea
and substituting therefor the word
September also by striking out the
words tune and December In the last
line thereof and substituting therefor
that said section as amended shall
Section IS. ons-haif Of s.dd tax
shall be assessed on the amount 30
on he last seoaiar day IN March and
the other half on the amount 20 re-
turned for the six months ending On
the last secular day IN September: and
such tax x. shall al b R:,d sn, Am
days In May and November.
Section Z. Sectten sixty Of chapter
eight OF the revised statutes Is hereby
amended by striking out the word
substituting therefor the word March,
also ~ striking out the word ''Octo-
her" In the eighth line thereof and
substituting therefor the word Sep
, *oass J s,:o .aS as 'qt IT The tie
last ltns thereof ana substituting
thAfsfoF ths words May and Novem-
ber,' 50 that said section As amended
shsil rssA :. a follow; .
ti6p or corporation. not Incorporated
under ~ laws Of this State or of the
Un1fAA States, that maintains a branch
al. agency in this State for the trans
to thu Treasurer Of State tax Of
Of one per cent year
ON the amount Of such business done
In this State. One-haIf Of said tax
slalI ~ paid on the amount Of such
the last Saturday Of March, and the
Qtlser half on the amount for the six
Inpnths ending on the last Saturday Of
8dp1e0ber, or for such portion Of such
ttG6 may transact business In this
6tMea. Tho amount of such business
done IN this State shall be ascertained
by hrst computing the daily average
fcr each month Of the period Of all
and Investments and OF all other
mo0ayS received. used or employed In
connection with such business and by
then dividing the aggregate Of such
months covered by said return and the
Quotient resulting shall be deemed the
amount Of such business. The amount
of such tax so asccrtained shall be
annually within ten days after the
nrst Mondays In May and November
Section 3. Section sixty-one of chap
ter, eight of the revised statutes is
herehy amended by striking out the
words May and November" In the
third line thereof and substituting
therefor the words April and October
also ~ striking out the word April
IN the eighth line thereof and substi-
tutinG therefor the word March also
by striking out the word October" In
tho eighth line thereof and substitute
ing therefor the word September 30
that ssid lection a. amended shall read