Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-01-04
GONE CHANGES IN lNsrRUcTloNs
FOR PRESENT YEAR ARE
MADE.
STATE AUDITOR OUTLINES
INSTRUCTIONS TO COUNTIES
They, In Turn, Will es Explained 70
Township Assessors at Meeting With
County Auditor, Saturday - Banks
and Their Real Estate and soIdiers'
Exemptions.

Changes in instructions to assessors
viii be explained by County Auditor
w. E. McLeland at his annual meeting
with the township assessors to be held
in this city Saturday. Jan. s. The
instructions have been received by the
county auditor from the state auditor.
and the changes will govern the asses
ments to be made soon by the township
assessors.
Assessment Of banks and their real
estate and the exceptions allowed to
soldiers. are the principal items con-
sidered. The rules now governing the
assessments are outlined by the state
auditor as follows:
Assessment Of banksNo :, follow
ing the heading, Assessment Rolls"
covering assessment Of banks, the re-
ference is to code supplement 1913 in
stead Of 1907, and following the words
"and the assessors from such statement
shall fix the value Of such stock based
upon the capital, surplus and undivided
earnings" they have added land other
elements Of value"
In the following sentence it states
that the amount Of real estate shall
be deducted at the assessed value
thereof" and at the end Of the para
graph they have added: in addition to
the capital stock, surplus and undivided
earnings the assessor should ascertain
whether the surplus and undivided
earnings were increased during the
preceding calendar year and the
amount Of dividends distributed dur
Ing the same period and consider such
facts in determining the value Of the
stock"
The paragraph entitled values Of
real estate" Is changed to read as fol-
lows,
Value Of real estate-The value OF
any real estate to be deducted from
bank stock Is the value placed upon
same for taxation purposes and not
the value at which it may be carried
upon tho books Of the institution.
soIdierS and Sailors Exemptions.
Under section 3 the paragraph in
regard to exemption in favor Of old
soldiers or sailors, ETC., has been chang
ed as follows: THE iav relating to
tho exemptions in favor Of soldiers and
sailors Of the1Iexican war or tho war Of
tho rebellion, tho war with Spain. the
Chinese relief expedition. the Philip
pine insurrection. or the widow of any
such soldier or sailor remaining un-
married, or Of any soldier. sailor. or any
other person in military or naval serv-
Ice Of the United States as found in.
Chapter Nos. 1s1 and $50. Acts Of the
thirty-seventh general assembly.
"The property, not to exceed 1880
in actual value, and poll tax. Of any
honorably discharged union soldier or
sailor Of the Mexican war or Of the war
Of the Rebellion, or the widow remain
ing unmarried OF such soldier or sail
or, and the property not to exceed $500
in actual value and poll tax of any
honorably discharged soldier or sailor
Of the war with Spain. Chinese relief
expedition, or the Philippine insurrec-
ton, or the widow Of any such sailor
or soldier remaining unmarried"
Following this paragraph two par
agraphs have been added as follows:
"The exemptions herein provided shall