Chap. 302.—An ACT to amend and re-enact section 13 of an act approved April
16, 1903, entitled an act to raise revenue for the support of the govern-
ment and public free schools and to pay the interest on the public debt, and
to provide a special tax for pensions, as authorized by section 189 of the
Constitution, as heretofore amended. {H B 113]

Approved March 20, 1922.

1. Be it enacted by the general assembly of Virginia, That sec-
tion thirteen of an act approved April sixteenth, nineteen hundred
and three, entitled an act to raise revenue for the support of the
government and public free schools and to pay the interest on the
public debt, and to provide a special tax for pensions, as authorized
by section one hundred and eighty-nine of the Constitution, as here-
tofore amended, be amended and re-enacted so as to read as follows:

Sec. 13. On every deed, except a deep exempt from taxation by
law, which is admitted to record, the tax shall be ten cents on every
hundred dollars or fraction thereof of such consideration or actual
value; on deeds of trust or mortgages the tax shall be upon the
amount of bonds or other obligations secured thereby. On deeds
of trust or mortgage upon the works and property of a railroad or
other internal improvement company, lying partly in this State and
partly in another State, the tax shall be upon such proportion of the
amount of bonds or other obligations secured thereby as the number
of miles of the line of such company in this State bears to the whole
number of miles of the line of such company conveyed by such deed;
the tax on a deed of release shall be fifty cents; the tax on any deed
of partition among joint tenants, tenants in common or co-partners,
shall be fifty cents. The tax on every deed, contract or agreement
shall be determined and be collected by the clerk in whose office it
1s first offered for recordation and may thereafter be recorded in the
office of any other clerk without the payment of any tax.

On every contract relating to real or personal property, except
as hereinafter provided, which is admitted to record, the tax shall be
fifty cents where the consideration or value contracted for is three
hundred dollars or less; where the consideration or value contracted
for is over three hundred dollars, and does not exceed one thousand
dollars, the tax shall be one dollar; where the consideration or value
contracted for exceeds one thousand dollars there shall be paid ten
cents additional on every hundred dollars or fraction thereof of such
consideration or value contracted for, provided, however, that the
tax for recording a deed of lease for a term of years shall be taxed
according to the provisions of this section, except where the annual
rental, multiplied by the term for which the lease runs, equals or
exceeds the actual value of the property lease, then the tax for record-
ing the deed of lease shall be based upon the actual value of the prop-
erty at the date of lease.

On every contract or agreement relating to the sale of rolling
stock or equipment (whether the title 1s reserved in the vendor or
not), with a railroad corporation, or other corporation, or with a
person, firm, or company, admitted to record, the tax shall be ten
cents on every hundred dollars or fraction thereof, of the amount
contracted for in such contract or agreement, except in the case of a
railroad corporation lying partly in this State and partly in another
State, in which case the tax shall be upon such proportion of the
amount contracted for as the number of miles of the line of such
railroad corporation in this State bears to the whole number of miles
of line of such railroad corporation.
This act is not to be construed as requiring the payment of an:
tax for the admitting to record of any deed of trust, mortgage, con
tract, agreement, or other writing supplemental to any deed of trust
mortgage, contract, agreement, or other writing theretofore admitte
to record, and upon which the tax herein imposed has been paic
hereinafter called the original instrument, where the sole purpos
and effect of the said supplemental deed of trust, mortgage, contract
agreement, or other writing is to convey, set over, or pledge property
real or personal, in addition to the property conveyed, set over, o
pledged in the original instrument, to secure or to better secure th
payment of the amount contracted for in the onginal instrument
but in such case there shall be no tax for the admitting’ to recor
of said supplemental deed of trust, mortgage, contract, agreement
or other writing.

Any deed, contract, or will may be recorded in the same clerk’:
office when the record containing such deed, contract or will, has beer
destroyed by fire or otherwise, free of tax.

2. To enable the recordation of leases now awaiting recordatior
under this law, an emergency exists, and this act shall be in force
from and after its passage. :