Chap. 75.—An ACT to amend and re-enact the first subdivision of section 8, chap-
ter 1, of an act entitled an act to provide for the assessment of taxes on per-
sons, property, and mcomes, and on lHeenses to transact business, and imposing
taxes thereon for the support of the government and public tree schools, and to
pity the interest on the public debt, and preseribing the mode of obtaining
icenses to sell wine, ardent spirits, malt hquors, or any mixture thereof, in

‘“ases Where a court certificate is required, approved March 6, 1800, so as to pro-
vide for the listing of bonds, notes, stocks, and other evidences of debt subject
to taxation.

Approved January 20, 1898,

1. Be it enacted by the general assembly of Virginia, That the first
subdivision of section vight. chapter one. of an act entitled an act to
provide for the assessment of taxes on persons, property, and mecomes,
and on licenses to transact business, and imposing taxes thereon for thy
support of the government and public free schools, and to pay the in.
terest on the public debt, and prescribing the mode of obtaining licenses
to sell wine, ardent spirits, malt liquors, or any mixture thereof, in case:
where a court certificate is required, approved March sixth, eighteen hun-
Ld and ninety, be amended and re-cnacted so as to read as follows:

§ 8. On personal property, choses in action, moneys, credit, and cap,
ital.—The commissioner shall require each person, natural or artificial,
residing i his district, citv, or town, to make out and deliver to said
commissioner a list in detail of the date, amount for which originally
given, but not the name of the debtor, the dates and amounts of the
eredits thereon, the balance due, and the time of payment of all bonds,
notes, stocks, and other evidences of debt, due and pavable to such per-
son, In excess of one hundred dollars, and a statement of the aggregate
amount of all bonds, notes, stocks, and other evidences of debt under
one hundred dollars each. The auditor of public accounts shall furnish
the necessary blanks for such lists and statements to the commissioner of
the revenue. This list and statement shall be signed and sworn to by
the taxpaver before the commissioner of the revenue, or some notary
public, or other person authorized to administer oaths, who shall certify
that said Hist was signed and sworn to before him. The commissioner
shall sign the list and determine the value of the bond, notes, stocks,
and other evidences of debt therein enumerated, subjeet to an appeal
from his valuation to the county or corporation court. The said list and
statement shall include bonds due from railroad and canal companies,
bonds of counties, cities, towns, and bonds of other states and corporil-
tions, certificates of stock in any Incorporated company, bonds of in-
dividuals, and all demands and claims however evidenced, owing or
connng to such person, whether due or not, from debtors residing out of
or within the state or county whether secured by deed of trust, or bv
judgments or not, deducting from the aggregate amount thereof all such
bonds, demands, or claims not otherwise deducted owing to others from
such person as principal debtor, and not as guarantor, endorser, or surety,
but no bond, demand, or claim, constituting a part of the capital as de-
fined in chapter one of this act, of a business done out of this state or
any capital used by any merchant or manufacturer, and taxed under
chapter one of this act, shall be included in this section. The list and
statement herein provided for shall be delivered by said commissioner to
the clerk of the county or corporation court of his county or city who
shall file the same in his office, properly labeled, keeping the list for
each year separate. If any person, firm, or corporation shall, with a
view to evade the payment of taxcs, fail or refuse to make out and de-
liver, under oath, such list and stat-ment as herein provided for of any
bonds, notes, stocks, or other evidence of debt which are subject to
assessrment and taxation under chapter one of this act, then the omitted
evidence of debt shall not be recoverable by action at law, or suit in
equity jn any pf the courts of this commonwealth, or by any Iegal pro-
cess, or by sale under deed of trust or otherwise, ‘until they shall have
been reported for asséssment, and the tax paid thereon for the years that
it should have been paid, with an addition of fifty per centum of the
aimount of said unpaid taxes, and the failure to make out and deliver
such list and statement to the said commissioner shall be taken as prima
facic evidence of the intention to so evade the pavment of taxes.

2. All acts and parts of acts Inconsistent with this act are hereby re-
peated.

3. This act shall be in force from its passage.