The Wrangell sentinel., 1923-04-05
ORDINANCE

l taxation of real estate and person.
 al property, possessory rignts and
 improvements.
 The Common Council of the City ot
 Wrangen does hereby oraaln
 Section l. That all real and per sonal property, possessory rlgnts and improvements, now existing, or that shall be hereafter created or brought within the City of Wran- gell, shall be subject to assessment and taxation for the support of the municipal government, or for such other lawful purposes as may be from time to time prescribed by ordi- nance or law, upon the capitalized val uation thereof fixed with reference thereto, on the first Monday in June in year and every year in which the same shall be listed or assessed.
 Section 2. That real estate shall mean all lands, tenements, heredita- ments and rights thereto and inter- est therein; and possessory rights shall mean all rights possessed by occupation and free enjoyment on unpatented lands by virtue of settlement, and shall be taken, con- sidered and referred to in this ordi- nance as real property.
 Section 8. That personal property for the purpose of taxation shall be considered to embrace and include, without especially defining or en- numerating, all goods, chattels, stocks or estates, all singular of whatsoever kind, name, nature or de- scription which the law may define or the courts interpret, declare Or hold to be personal property for the purpose of taxation, as being subject to the laws and ordinances and>hold- en within the incorporated city of Wrangell (including boats, and ves- sels and other marine craft, owned within the city and operated there from, whether the same be at home or abroad, meaning to include all other property not already included as real property, possessory rights or improvements.)
 Section 4. That the term money" or moneys whenever used in this ordinance shall be held to mean law full money of the United States.
 Section 5. All property described in this section shall be exempt from taxation, that is to say -
 First. All public school houses, with the books and furniture there in, and the ground attached to such buildings necessary for their proper occupancy.
 Second. All church property used exclusively for public worship.
 Third. All property, whether real or personal, belonging exclusively to the United States.
 Fourth. All lands, houses and other buildings belonging to the city of Wrangell, and personal prop erty owned by said city.
 Fifth. All fire engines and other implements used for the extinguish- ment of fires.
 Sixth. All property used exclusive ly for religious and charitable pur- poses, and free educational institu- tions.
 Section 6. The assessor shall be appointed by the Common Council at the first meeting ot the council after organization and shall at the time prescribed in this ordinance duly list and assess all the taxable property in the city of Wrangell at its just and fair value; he shall file such lists and assessments as soon as completed with the clerk of the city of Wran- gell, and shall serve a notice of the filing of the same upon each person assessed.
 Section '. By full cash value is meant the value at which a creditor would place the property when ta- ken in satisfaction of debt from a solvent debtor.
 Section 8. The assessor shall list all real property according to the small est legal subdivision as near as prac- ticable, and where land has been plated into lots and blocks he shall list each lot or fraction thereof sep arately. The assessor shall make out in the real property assessment books, in numerical order, complete lists of all lands or lots subject to taxation, showing the names of own CTS, and if unknown, to state oppo- site each lot or tract, in pencil YnaDora nduro puy,bor of ooro,