The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1917-03-13
Published in The Topeka State journal
March 43, 1911.I ~ . r.
SENATE BILL NO. 800.

SENATE BILL NO. 690
AN ACT relating to assessment and taxa
ton of oil and gas properties.
Be it enacted by the Legislature of the
State of Kansas
Seetion and That for the Rurpose Of
| leases and all oil and gas wells, producing
or capable of producing oil or gas in pay
| ing. quantities, together with all casing,
tubing or other material therein, and all
other equipment and material used in
declared to be personal property and shall
be assessed and taxed as such.
Sec. =. That in valuing for taxation, oil
or gas properties consisting of one or more
leases and oil gas wells, there shall, in
addition to the value of all oil or gas well
critics. be made such valuation of the oil
gas wells would make q reasonab BILE
and fair value of the whole property; pro
of the oil or gas wells represents the
lessons interest. or royalty interest there
in shall be assessed to the owner thereof
and the remaining portion or working in
terest therein shall be assessed to the own
er of the lease, together with the other
property assessed in connection Herewith.
Sec. 3. That in determining the value of
oil and gas wells or properties the asses
of the wells, the, quality of oil gas be-
ing produced therefrom, the nearness of
the character; extent and permanency of
the market. the probable life of the wells
the quantity of oil or gas produced from
the wells. the number of wells being Oper-
ated. and such other facts may be
known by the assessor to affect the value
of the property.
Sec 4. When any person. corporation or
association owning oil and gas leases or
engaged in operating for oil or gas shall
refuse neglect to make and deliver to
the county assessor of every county where
in the property to be assessed is located,
Il full and complete statement relative to
said property required by blank forms
prepared for the purpose by the tax com
to fix the valuation of the property as
herein provided. such assessor shall list
the property end shall from any infor-
nation obtainable assess the same at its
Sec s. That the assessor at any time
shall have the right and power to examine
the books and accounts of any person.
company association owning oil and
gas leases or engaged in operating for oil
and gas in order to verify the statement
made by such person. company or associa-
ton, and if from such examination or
other information he finds such statement
or any material part thereof wiifully false
he must assess the property in the same
manner as If no statement had been made
Sec G. The statement required herein
shall be made under oath and any person
false statement contained therein. shall be
guilty of perjury and shall be prosecuted
and punished as provided by law in other
Sec. 4 That this act shall take effect
and be in force from and after its publica-
! ton in the official state paper.
/ hereby certify that the above Bill origi-
mated in the Senate, and passed that body
w. Y. MORGAN,
President of the Senate.
z. D. GEORGE,
Secretary of the Senate
Passed the House March ), 1917.
A NJ KEENE.
Speaker of the House.
CLARENCE w. MILLER,
Chief Clerk of the House.
Approved March 8. 1917.
ARTHUR CAPPER. Governor.
State of Kansas
Office of Secretary of State.
1, J. T BOTKIN. Secretary of State
of the State of Kansas. do hereby certify
that the abose and foregoing is a correct
copy of the original enrolled bill now on
file in my office.
IN TESTIMONY WHEREOF. l have
hereunto subscribed my
name and affixed my official
ISeall seal. this 9th day of March,
1917.
J. T. BOTKIN,
Secretary of State.
By E. A. CORNELL.
Asst. Secretary of State.