The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-10-15

l'h business. work or operation within this
~ttte during the calendar year Immediately
a~e.oding. at the following rates - of III,
Of the amount by which such gross value of
product exceeds 500. OOO.O o and does noe or
coed $3.50, 100000 y of Ia Of the amount by
uhich such gross value of product excaaJs
- 100000 and does not exceed $500. 900 90 .
of ~ of the amount by which the gross
ta.ue Of product exceeds $500, 900. 90 and does
not exceed 5000, 100000 and III of the amount
uy which the gross value of product exceeds
-O0.O 600 90.
section .. Computation of Gross Value of
Product. Every person engaged in or carry
.nr on the business of working or operating
any mime or mining property in this state
rom which GOLD, silver, copper, lead or anv
other metal or metals, precious or 5emi-pre-
'lou- gems or stones are produced, must, not
later than the fifteenth day of April, in such
scar when engaged IN or carrying on such
business, work or operation. make out A state
mont Of the gross value of product from ALI
mines and mining properties worked or op-
Grated by such person during the calendar
year Immediately preceding. Such statement
bali be IN the form prescribed by the State
Board of Equalization, and must be verified
Us the oath Of such person. or the MANAGER.
up"rirtcndent, agent, president or vice-pres-
Ia'nt OF the corpOratlon, joint stock or other
r"npaUy or syndicate not later than the fif-
te'nth day Of April. Such statement shall
how the following:
T.. Ihe name and address of the owner
ar lessee Of the mine or mining property.
The description and location Of the mine
or mining property.
3. The number of tons Of ore or other
mineral products or deposits extracted from
thS mine or mining property during the
period covered by the statement.
:. The name and location of the smelter.
mill or reduction works to which such ore
has been shipped or sold during the period
covered by the statement and such other
Information as the State Board of Equaliza.
ion may require.
$ The gross yield of such ores. mineral
. products or deposits in constituents of ROM
"crcial value, that is to say. the number Of
ounces OF gold, or silver, pounds OF copper,
lead or zinc, or other commercially valuable
constituents OF said ores or mineral products
or deposits, measured by standard units Of
Measurement during the period covered by
The statement.
g. The gross value of product in dollars
Section 6. Computation and Notice Of Tax.
The State Board of Equalization shall ex-
anime each such stateme and return filed
and determined and ascertain therefrom. and
compute and assess the amount of the license
tax to be paid by the person making and fill
ing the same and shall, not later than the
first day of June. certify to the state Treas
urer the name of each person subject to the
payment Of license taxes under the provis-
ions of this Act. the amount thereof 10 be-
. paid by such person. The said board shall
at the same time mail TO each person maxine
and filing such ST, tement and return. a writ
ten notice of the amount OF the license ~aN
to be paid by each. e5pectively. THAI b
anne Is due and payable 10 the Stat, Urea
urer, and that IL viii become dci,lqueut III
November, Immediately follOwiuC and .hl.
n the same becomes delinquent Il De1a'ty O.;
ten per centum will be added thereto. an
that the whole amount Of Sue Seems" +aA
with penalty added, viii bear interest at the
rate of twelve per centum per annum from
the date the same becomes delinquent unit
paid. If any such person, has sold or other
wise disposed of any of its mines products
at a price substantially below the true mar
ket price of such a product at the time anC
place of such sale or disposal. then the STATE
Board of Equalization shall compute the
gross value of such portion Of said mine.
. product. so sold or disposed of substantially
: below the market price as aforesaid, which
gross value shall be based upon the quota
v uons Of the price of such mines product II
New York City, at the time such portion
OF the product was so sold or otherwise dis
ID posed Of As evidenced By some established
+ authority or market report, such as the En-
+, cheering and Mining Journal. of New York
b or some other standard publication, givini
D the market reports for the year covered b.
s. -uch statement. Should there be no quota
ton covering any particular product. thel
n the state Board % Equalization shall fl
n the value of such gross product, or sue
. portion thereof. as shall have been sold o
r Otherwise disposed of at a price substantial,
d below the true market price at the time an
r place of such sale or disposal in such
10 manner as may seem TO be equitable.
q section Z. Delinquent T~axes-Penalty Al
# license taxes assessed under the provision
& of this Act shall become delinquent if no
10 and by five o'clock y. m, on the thirtiet
70 fay of November following the date whe
the same are assessed and certified to tn
&c tate Treasurer, and as the same become de
luguent "A penalty of ten per centum sha
IS Doe added thereto, and the whole amount o
r aid license tax, with penalty added. sha
. bear interest at the rate of twelve per centur
70 .o' annum from the date of becoming dc
~ Ilr4uent until paid.
Section 8 Penalty for Failure to Fill
r "jatement. If any person shall fail, refus
q or neglect TO make and file such Statement
~ nd return within the time prescribed, tn
~ HIaLc Board OF EQUALIZATION, shall, 1mmed
u ateiy after such time has expired. %ascertai
g and determine as nearly as may be pOsslbI
r rom any returns or reports filed with an
Z state or county officer or board under any La
OF TINS State, and from any other infOrmatlo
" which the Board may be able TO obtain, II
o. total gross value of product of such perso
ne from such business during calendar yea
e.. immediately preceding the year in which II
q license tax is to be paid, and license issues
and shall make and file a statement shown
tc lne amount Of gross value Of product and sha
e, ascertain and determine and compute ar
~ assess the amount Of the license taxes Oh
or rom, and TO be paid by such person. ar
~ hall Immediately certify the same to Il
OF state treasurer, and give notice to such pc
e. son IN the same manner as though sue
70 >tatement had been filed within time. az
he the state shall proceed TO collect such
be ccnse tax, adding thereto and collecting Their
of with. If the same is delinquent, the san
Is penalty and interest as provided for here
By for other delinquencies.
or Section 9. Production Of Evidence. ShOu
h the state Board of Equalization have reas'
re- 70 believe that any statement and return
lp- false. or erroneous in any particular, 1t m
Of require the person. or if made by a cOrpc
ity alton, association or company, the office
10 thereof. and the employees of any such p'
as son. corporation, association or company.
ew appear before the Board and testify concer
MS. ing the same and any statement contain
en- therein. and may examine all books, recor'
ere papers and documents of such person p.
TO tanning TO such business, upon giving Il
ion days written notice TO such persons. or OFFICE
or or employees thereof having custody of 81
lay books. records. papers and documents, a
any person failing. refusing or ne1lecu
ual To so appear. or refusing TO be sworn or
en- testify. or refusing 20 answer any mater
rk- question propounded by the Board or any
rty its members, or refusing TO permit the Boa
Ter, or its members. employees or accountal
Ous to examine such books, records. papers
'rO- ~documents, or any thereof, PERTAIN