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

Assembly OF the State OF Mon.
ltana, be and the same is hereby
amended ito read as follows;
Section 20S9. Statement OF
Gross Yield OF Mines. Every per-
son, partnership. corporation on
association engaged In mining
upon any quartz vein or lode, OF
placer mining claim or mining
from or upon any mine what
soeVer containing gold, silver,
copper. lead, petroleum, hydro-
carbOns, or other valuable min
eraI or mineral deposits. must
on or before the first Monday
IN March in each year. make and
deliver to the State Board of
Equalization a statement Of the
gross yield Of the above named
metals or minerals from each
mine owned or worked by such
person, partnership, corporation
or association during the year
proceeding the first day OF 5anu-
AIRY oS the year Ia which such
statement is made, and the value
thereof, and such statement shall
be in the form prescribed BY
the State Board Of Equalization
nd must be verified by the
oath of such person or the mana
ger, superintendent, agent, presi-
dent, or Vice-prseident OF such
corporation, association or part
nership and must be delivered
TO the State Board OF EquaAza-
ton on or before the first Nom
day OF March; provided, that
n such statement of gross returns
shall not have been furnished by
this date, the Board OF Eouaiiza-
tiOn shall make an immediate
assessment OF said gross returns
from the best information at the
boards disposal and such ASSESS
ment shall not he reduced. Such
statement shall show the fol-
lowing:
1. The name and address OF the
owner or lessee OF operator Of
the mine, together with the
names and addresses Of any and
all persons, corporations or
associations owning or claiming
any royalty interest in the min
eral product of such mine or the
proceeds derived from the sale
thereof, together with the amount
of such interest so owned or
claimed on the first Monday OF
March of the year in which said
statement is made, and the a.
mount or amounts paid or yield
ed as royalty upon such royalty
interest or interests during the
calendar year.
2. The description and location
of the mine.
3. The number of tons Of ore,
barrels of petroleum or other
mineral products or deposits ex-
tracted and treated or sold from
the mine during the period COW
cred by the statement.
4. The amount and character
OF such ores, mineral products
or deposits, and the yield OF
such ores, mineral products or
deposits from such mine in con-
stituents of commercial value:
that is to say the number OF
ounces Of gold. or silver, pounds
Of copper or lead, tons OF coal,
barrels of petroleum or other
crude or mineral oil, or other
commercially valuable constitu-
ents OF said ores or mineral pro-
ducts OF deposits measured by
standard units OF measurement,
yielded to such person, corpora
ton or association so engaged in
mining. and to said royalty hold
ers and each of them, II any,
during the period covered by the
statement.
5. The gross yield OF value
On dollars and cents.
6. Actual cost Of extracting
same from mine.
Z. Actual cost of transporting
to place Of reduction or sale.
8. Actual cost Of reduction or
sale.
3. Actual cost OF marketing the
product and conversion Of same
into money.
10. Cost of construction, re-
pairs and betterments OF mines,
and cost OF repairs and replace
ments of reduction works.
IL. The assessed valuation Of
reduction works for the calendar
year for which such return is
made.
Immediately upon receipt Of
the list Of schedule setting forth
the names and addresses o. the
owner or lessee on operator Of
guch mine and any and All per-
sons. partnership, corporation
and associations owning OF claim
lng any royalty or interest. and
the amounla 81 such interest or
Iufa~eRtA and the Amount Of pro-
ductlon and returns yielded 10
such person, partnerahip. eoEp0-
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