Year: 1862

days of October, in each year, make out under oath and deliver to the comptroller of public ac- counts, full and true lists statements of the number of shares of stock in their respective companies the true market value of each share on the first day of the month in which such lists or statements are herein required to be made; the whole lengths of their respective roads, and the lengths of those portions there of, if any there are, lying without this state.

 SEC, 8. Each of the several railroad compa- nies and horse railroad companies aforesaid shall annually, on or before the twentieth day of Oct Ober, in each year, pay, or cause to be paid to the treasurer of this state, for the use of the state, 8 sum equal to three-fourths of one per cert. of the value of the stock of such company, whether owned by persons residing in this state or elsewhere, which sum, or tax shall take the place of all other taxes railroad stock in this state provided, however,, that when a railroad lies partly within this state and partly within some adjoining state or states, thele shall be paid only such proportion of three-fourths of one per cent. of the value of the stock of such road as the length of that portion of the road which lies within this state bears to the whole length of said road: and provided, furthermore, that if, when any tax hereby imposed upon the stock in any railroad company or horse railroad company becomes due, such company shall not then be in the possession and have the management and control of its road, or the road bearing its name, each and every person, company or corporation, then owning, possessing, operating. or having the management and control of such railroad or or horse railroad, either as trustee, assignee, agent, or lessee shall be liable and is hereby re- quired to pay such tax, or cause it to be paid to the treasurer of this state, for the use of the state, within the time prescribed by this act for the payment of the same. sTEA geE . SEc. 4. The secretaries or clerks efthe several telegraph companies which now are or hereafter may be incorporated by. or doing business in, this state, shall annually, within ten days of October in each year, make out, under oath, and deliver to the comptroller of public accounts, full and true statements of the several kinds amounts and the just and true value of all property own- ed by said telegraph companies respectively, and situated within this state on the first day of the month in which such statements are herein re- quired to be made; and every such telegraph company shall annually pay, or cause to be paid, to the treasurer of this state, for the use of the state; on or before thetwentieth day of October, in each year, sum equal to three fourths of one per cent. on the value of all its property, of which statement is by this section, required to be returned to the comptroller of public ac- counts. which sum or tax shall be in lieu of all other taxes in this state upon said property of such telegraph companies.

 SEC 5. The several banks, insurance compa- nes, and other companies and associations, which have been or may hereafter be incorpora- ted by or established in this state, and the stock of which is shall be liable to be taxed, shall, on or before the twentieth day of October, in each year, pay, or cause to be paid, to the treas urer of this state, for the use of the state, sum equal to three-fourths of one per cent of the value of all the stock of their respective in sttutions owned or held on the first day of Oct ooer, in that year, by persons residing out of the state. Lists of said stock so owned or held shall be made out and returned by the cashiers, secre- taries, treasurers, or clerks of said institutions, respectively, in accordance with the nineteenth section of the first chapter of said Act for the Assessment and Collection of Taxes; and each of said institutions shall have lien upon the stock of such non resident stockholder. for the reimbursement of the sum so required to be paid thereon.

 SEC. 6. The secretaries, treasurers, or clerks of the several insurance companies chartered by the state, and conducted in whole or in part up- on the plan of mutual insurance, shall, on or before the tenth day of October in each year, m ike returns and statements. under oath, to the comptroller of public accounts, of the total amount of cash capital, either invested or on de- posit, belonging to said companies, respectively. on the first day of October in that year, being the proceeds of insurance upon the plan of mu- tual insurance and it shall be the duty of each of said insurace companies to pay to the treas urer of tLis state, for the of the state on or before the twentieth day of October in each year, sum equal to one half of one per cent on its said capital-the same to he in lieu of all other taxes upon such capital-except any and all real estate held by such company over aGd above what may be necessary and used by such company for the transaction of its appropriate business.

 SEC. ' Every person who shall act as'' agent in this state, for on behalf of any corpora

 tion, company or association organized, charter ed or associated under the laws of any other state in the United States, or cut of it. to effect insurances in this state against loss injury y fire or upon lives; and every person who shall act as insurance broker in this state ill procur- ing such insurances, or who shall in any way be engaged in soliciting, obtaining, receiving. or forwarding applications for such insurances, shall annually, within the first ten days of Octo Der in each year, while so acting or engaged. make return, under oath, to the comptroller of public accounts, of the amount insured by or through him, as aforesaid. in this state, during the year ending on the first day of said month of October, and of the amount of premiums receiv- ed and assessments collected on account of such

 nsuranccs during said period. Such return shall contain the namea and location of each company in which insurance shall have been ob- tained as aforesaid, the amount of such insuran- ces in each company, and the amount of premi- ums received and assessments collected on ac- count of such insurance. The person hereby re- ouired to make such return shall, on or before the twentieth day of October in each year. pay to the treasurer of this state, for the of the state. a sum equal to two per cent. on the gross amount of such premiums and assessments durs inc the year ending on said first day of October in that year.

 SEC. 8. It shall be the duty of the board of equalization now established by law, to examine and amend or correct all lists and statements turned to the Comptroller of public accounts, as herein required, in such manner as they may deem just and equitable, but all lists and state ments returned to or made out by said board of equalization, within ten days after the time ont upon the best information which they can obtain. and in accordance with the proviso in this section, the statement or list herein requir ed to be made and returned by the person so failing. And . true copy of each list and state- mcnt, as amended, corrected, approved or made out by said board of equalization, shall be by them returned to each respective cashier, treas urer, secretary or clerk, by mail or otherwise. And the decision of said board of equalization shall be final and conclusive as to the value and amount of any of said deposits, stocks. proper ty. receipts and collections, upon which the re- spective taxes hereby imposed are to be paid.

 Prorided, howeuer, that for the purposes of taxation, under the provisions of this act. no stock of any railroad company or horse railroad company shall be deemed or estimated by said board of equalization as of less value then ten Ter cent, of the nominal or par value of such st )ck.

 SEC. 9. If any person shall fail to make and return to the comptroller of public accounts, within the time and in the manner herein pre- scribed, any list or statement herein required to bo n, d.. co refnrned each nerSOn failing.