Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-01-24
w News

I, and structures and Improvements
on town and city lots used for business
purposes, are placed in Glass 2, to be
assessed at 60 per cent Of their full
and true value.
Class 3, which shall be assessed at
40 per cent Of the full and true value.
includes all live stock, agricultural
and other tools and machinery, gas
and other engines and boilers, thresh-
ing machines and outfits; all vehicles,
automobiles, motor trucks and other
power-driven cars; boats and all water
craft, structures and improvements
used for home upon town and city
lots, and all property not specifically
mentioned. The act is declared an
emergency measure and shall take inn
mediate effect. a.
At least 40 per cent of North Da-
kota's whole area of 4~4,000.000 acres
may be classified as unused land"
This land is now assessed at 80 per
cent Of its actual worth, the average
assessed valuation per acre ranging
part Of the state to $18 in the Red
River valley. The actual value of this
land, even that which is idle and un-
improved, ranges from $40 at the
least, to as high al 500 per acre, and
1t is safe to say that the average value
Of unused land the state over is not
less than SIS, while the average as
sessed valuation Of such land has not
exceeded $3.50. Presenting that there
are O,00O, 900 acres of idle or unused
lands which would com within the
provisions of Glass L, the league,
through it's classification measure,
may be considered as having added to
the assessment rolls of the state $780,
nnn mn xrorkL 80 nr0roWf1r xyhioh at a
ate of four mills will produce a reve-
nue. of $1,4S0, 900 per annum.
The leagues classification doubles
and trebles the present assessed valu-
alton on property listed in Glasses 2
and 8, thus adding still further to the
:evenue-producing to which
the administration may look for
money
To Tax Gross Sales.
The league does not stop here. how
ever. Senate Bill Al. another league
caucus measure introduced yesterday
by the committee on taxes and laws,
provides for a five e cent tax pay
able annually upon the gross sales OF
all oil companies doing business in
North Dakota. The act declares all
cars, transmission lines, tanks, tank
wagons or trucks, filling stations OF
other property used exclusively within
the state. or partially within and par.
TALLY without the state, to have a
situs for taxation in the state. The act
carries an emergency clause giving ii
immediate effect and requires oil COM
panies to file reports on or before
July Is, 1919, and on or before Janu'
airy Is and July 16 in each year there.
after, showing the name and nature
of the company; location of principa
Office and gross sales for period COW
| cred, including all sums received OF
charged within the state, including it:
proportion of gross sales in connection
! with any other company or through
any agency within the state. The ta1
, commissioner is required to keep 6
| permanent file of such gross tsales re
ports and on or before August l, 1919
and on or before February 1 and Aug
| ust l Of each year thereafter to eertif!
the amount of such sales and taxes tt
the state auditor, who shall within tel
days make his draft on the oil dis
tributor, placing such draft in tn
hands of the state treasurer for col
lection. If such collection is not eff
fected within 80 days after demanl
from the state treasurer. ten per cen
penalty then accrues, and this penalt,
increases per cent per month TO
each month during which they remain
unpaid thereafter.
Five per cent Of the gross revenue
of oil companies operating in Nortl
Dakota will help some.
The Railways Again.
But the league has not finished witt
the railways either: