Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-02-18

in mining. or yielded or paid as
royalty TO such royalty owners or
claimants during the year for
which said return as made, the
State Board Of Equalization shall
proceed to the assessment OF all
such production, returns and roy
alties and royalty interests, and
shah assess the same at the fun
cash value OF the money or pro-
duct yielded during such proceed
ing calendar year, and the same
shall be- taxed on the same basis
as net proceeds Of mines are
taxed as provided by Section
1899 OF the Revised Codes Of
Montana Of 1921.
On or before the 18th day OF
April Of the year such return
is made, the State Board OF
Equalization shall certify such
list or schedule to the County
Clerk OF each county in which
such mines and mining claims
are located, and thereon such
production, returns and royalties
so assessed shall be taxed in the
manner provided by Law.
The rate OF taxation shall be
the same as that fixed and levied
against other property in and
for the year in which such royal
ty was paid or yielded.
Upon receipt Of such certified
lists or schedules from the State
Board OF Equalization, the
County Clerk shall prepare there
from a tax roll thereof which
shall be by him furnished to the
County Treasurer of such county
on or before the 18th day OF
May following, and thereupon
said taxes shall be due and pay
able. The County Clerk shall
enter such assessment on the
personal property assessment list
under the name OF the operator
of such mine or mines and in the
assessment list the names OF the
owners OF such royalty shall be
set forth and such assessment
when entered shall have all the
force and effect as If made in the
names Of the owners of such
royalty individually as well as
against the operator. The
County Treasurer shall proceed
to give full notice thereof TO
such operator and to collect the
same in manner provided by law,
and shall employ any or all
means of collecting provided in
Section 2095 of the Revised Codes
Chapter 143 Acts OF the Nine
teenth Legislative Assembly. and
may include any or all Of such
taxes in any seizure and sale
OF personal property that may
be due from any such operator.
The operator or producer shan
be liable for the payment of the
taxes assessed against the net
Of such mine or mines.
including all royalty taxes, and
such taxes shall be payable by.
and shall be collected from such
operators in the same manner and
under the Same penalties as pro-
vided for the collection af taxes
upon the net proceeds OF mines:
Provided however, that after pay
mant Of such tax such operator
may recover or withhold from any
proceeds of royalty interest.
either In kind or money, coming
into his hands. the amount OF
any tax paid By him upon such
royalty or royalty interest.
Section 2. That Section 2090
Of the Revised Codes OF Montana
Of 1874, as EN- ended BY Chapter
1s1 Acts OF the Nineteenth Lsegis-
lativs Assembly, Chapters las
and 40 Acts g the Twentieth
Legislative ASSEMBLY, and ChaD-
ter 13s OF ths Iwenty-second
Legislative Assembly Of the Stats
Of Montana, be, and the same ia
Aereby amended 70 read as foi-l
lows:
sssecnon soso. Net Proceeda-|
fK0w Computed The State Board
Of Wanalfaessan shall caaeu}Nte