The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1917-03-15

an extent should not be issued against
him
Legalizing grand lists-The practice
which has prevailed in the past of APP
plying to the Legislature for an act to
legalize grand lists of the several towns
should be discontinued. If the defect |
complained of in the grand list con-
sists of something omitted by the list |
ers, which the legislature might have
dispensed with by prior act. of |
course such a list may be legalized by |
a subsequent act of the legislature, but |
under the law as it now stands, there |
is no occasion for making application
to the Legislature to correct a defect
in form. By following the provisions
of No. AZ of the Acts o: 1910, any town
may correct its grand list if occasion
therefor arises
Bond for deed-Under bond for
"a deed the property is properly set to
the vendor, and he is holden FOR the
taxes as between him and the town,
but as between him and the purchaser
the duty of payment rests on the pur-
| chaser. The naked legal title remains
in the vendor, but his lien is not an in
terest in the land but merely an en-
cumbrance. The rights of a vendor
under bond for a deed arc chooses
in action, viz: A right 10 receive or
recover debt or money If this debt
is not so evidenced as to be exempt
under the provisions of No. "a Of the
Acts of 1915, then it is taxable
/ Value-Our statutes use the words
just value, ''true value, - 1.value
in money, anonymously An act re-
curing property to be taxed according
to its true value in money, means its
value in money to the owner rather
than to another. True value means the
value which it has in exchange for
money, the price which could be OBJ
tanned therefor at private sale, and
not at a forced or auction sale As
used in a revenue law, it means the
amount at which the property would
Ae taken IN the payment of a Just
lebt due from a solvent debtor
Assessment-If a person wilfullv
amits to make and swear to and de
liver an inventory, or to answer anv
lnterrogatory therein as required by
aw, or makes a false answer or state
ment therein, or if the listers believe
hat an inventory does not contain q
ull, true and correct statement of the
taxable property of q person, the list
ers shall ascertain as best they can the
amount of taxable property of such
person, and set the same in the grand
list at its value in money. This il
called assessing a taxpayer. and the
luty is made mandatory upon the list
ors. The practice which prevails il
4ome towns OF not requiring the tax
! payers TO file inventories Is an essen
'ial violation of the law, and towns il
which such custom prevails have 81
bsolutely illegal grand list SO far a
Z he lists of persons made are con
eerned, unless the listers proceed a
! $ provided by law to assess the tax
{ mayer, ald TO give him the notice re
{ iuired by statute.
Money loaned-The act relating /
7 wilderness OF money loaned written o
/ endorsed at an indcterminate or cor
: 'itionaI rate has cleared the atmos
here 50 far as loans covered by it ar
I concerned. BY virtue of its provision
: I note or other evideace Of none
( 'oaned mentioned in No. 81 Of til
e. Acts of 1915, which was original
. written at six FER cent, but has late
'eeN endorsed or rewritten so Tnat y
n Is present terms the loans is ut fiv
y Der cent SO long as the provisions {
i No. 81 of the Acts of 1915 are IN fore
: evidence Of loan entitled to ii
2 xemption.
( Military census by lsters-Pursua,
0 the provisions Of House Bill No. 10
e1 ~hich has become q law. the listers
] zach town are to make an enrolmel
\ the able bodied male citizens of II
II tate between the ages Of IS and Z
t ears If the listers neglect to perfor
s heir duty thev shall forfeit 800
r tructions TO listers are in process
t PREPARATION and it is expected III;
G hey will be notified at an early la
i md that they Will begin their work
o nee.
10 He discussed in detail the provision
N f the offset and money loaned la
i sing the examples found in Bullet
e No. ! -, and answered many questio
G. oncerning this and other laws vi
cl which the listers have TO deal