CHaP. 535.—An ACT to impose a tax upon that proportion of
the capital stock of all Pullman sleeping, palace, or dining-car
companies which is invested and used in this state.

Approved March 1, 1892.

1. Be it enacted by the general assembly of Virginia,
That there shall be a tax of thirty cents on every hundred
dollars of the assessed cash value of that proportion of
the capital stock of all Pullman sleeping, palace, or din-
ing-car companies which is invested and used in Virginia,
the proceeds of which shall be applied to the support of
the government, and a further tax of ten cents on every
hundred dollars of the assessed value of the said propor-
tion, to be applied to the support of the public free schools
of the state.

2. In order to determine the amount of the capital stock
of said companies which is taxable in this state, there
shall be taken as a basis of assessment such a proportion
of the cash value of the entire capital stock of said com-
panies as the number of miles operated by the companies
in this state bears to the whole number of miles operated
by them in this and other states.

3. It shall be the duty of the manager, chief agent, or
principal accounting officer of said companies in this state
to furnish the auditor of public accounts of the state of
Virginia with a statement, under oath, of the cash value
of the shares constituting the entire capital stock of the
said companies, the whole number of miles operated by
them in this and other states, and the number of miles
operated by them in this state as of the first day of Feb-
ruary of each year. This statement shall be made before
the first day of June of each year. Should said manager,
chief agent, or principal accounting officer of said compa-
nies fail to make and deliver this statement to the auditor
before the first of June aforesaid, then the auditor shall
proceed to make the statement upon the best information
he can secure, upon the basis of the statement required
above of the manager, chief agent, or principal accounting
officer; or should they fail to make it, upon the basis of
the statement made by the auditor, the auditor shall
proceed to estimate the sum to be paid by said companies.
ACTS OF ASSEMBLY.

This sum, if the same be not paid in sixty days, shall be
collected by any treasurer to whom the auditor may de-
liver the same for collection. The treasurer may distrain
and sell any property of said company, and shall pay the
taxes into the treasury within sixty days after the assess-
ment shall have been delivered to him. All acts and parts
of acts in conflict with this are to that extent repealed.
Any manager, chief agent, or principal accounting officer
who shall fail to do any of the duties required of him by
this act shall be guilty of a misdemeanor, and on convic-
tion thereof shall be fined not less than fifty dollars nor
more than five hundred dollars.
4. This act shall be in force from its passage.