AFTERNOON SESSION.
Mr. HUSTON moved to amend Section 77 [in relation to real value], bynserting "And I further swear that all bonds, securities, etc., that I held on the first day of April last, that were by law exempted from taxation, were my absolute property"
Mr. HUSTON thought if a man on the first of April possessed Government bonds or Treasury notes, that the law of the United States exempts, and he makes oath to that effect, he most certainly would be entitled to the exemption. He hoped the amendment would prevail, as it avoided misunderstandings between the Assessor and the party assessed.
Mr. COLE interposed an objection to this amendment, as its object was to prevent the assessment of property belonging to persons who would convert the same into greenbacks about the time of assessment, thereby avoiding tax.
The amendment was rejected.
Mr. WALKER moved to amend Section 167 by striking out the words "alphabetically arranged" and insert "arranged by Township, cities and towns."
The amendment was adopted.
Mr. BUSKIRK moved to amend Section 73 by inserting after the word "therein" the following: 'Which return shall be prima facia evidence of the facts therein recited."
The amendment was adopted.
Mr. MURRAY moved to amend Section 121 by striking out the word "County" (residing in his County), and insert the word "Township."
The amendment was adopted.
Mr. MURRAY moved to amend Section 136 by striking out the words "Cause the Assessor of the proper Township to assess and return;" to insert in lieu the words, "Assess and apportion."
It was agreed to.
Mr. MURRAY moved to amend Section 140 by striking out, in line six, the words, "County Treasury," and insert the words, "Township Assessors."
Mr. THOMPSON favored the bill as prepared by the Revision Committee, that is, to leave the power of equalization in the hands of the County Commissoners and Trustee, and not transfer this power to the Township Assessor.
The amendment was adopted.
Mr. CAIN moved to amend Section 180 (concerning the redemption of personal property) by striking out all after the word "with" in line 6, and insert in place thereof "'20 per cent. penalty."
Mr. WALKER moved to amend the amendment by making it 10 pr cent.
The amendment to the amendment was agreed to and the amendment as amended was agreed to.
Mr. CARTER moved to amend Section 181 [pertaining to redemptions] by inserting after the word "Companies" these words: "Except National Banks and Building and Loan Fund Associations."
The amendment was adopted.
Mr. WALKER made an ineffectual effort to have this bill [concerning taxation] postponed to Thursday next at 2 p. m.
Then the House took a recess till 7:30 p. m.
