Chap. 376.—An ACT to amend and re-enact section 2307 of the Code of Vir-
ginia. (H B 71]
Approved March 20, 1920.

1. Be it enacted by the general assembly of Virginia, That sec-
tion twenty-three hundred and seven of the Code of Virginia be
amended and re-enacted so as to read as follows:

Sec. 2307. By whom property is to be listed; to whom taxed.—
If property is owned by a person sui juris, it shall be listed by and
taxed to him. If property be owned by a minor, it shall be listed by
and taxed to his guardian or trustee, if any he has; if he has no
guardian or trustee, it shall be listed by and taxed to his father, if
any he has; if he has no father, then it shall be listed by and taxed
to his mother, if any he has; and if he has neither guardian nor trustee,
father nor mother, it shall be listed by and taxed to the person in pos-
session. If the property is the separate property of a person over
twenty-one years of age or a married woman, it shall be listed by and
taxed to the trustee, if any they have; and if they have no trustee, it
shall be listed by and taxed to themselves. In either case it shall be
listed and taxed in the county or corporation where they reside; but
if they be non-residents of Virginia the said property shall be listed
and taxed in the county or corporation wherein such trustee resides.
If the property be the estate of a deceased person, it shall be listed
by the personal representative or person in possession and taxed to
the estate of such deceased person. If the property be owned by an
idiot or lunatic, it shall be listed by and taxed to his committee, if
any ; if none has been appointed, then such property shall be listed by
and taxed to the person in possession. If the property is held in trust
for the benefit of another, it shall be listed by and taxed to the trustee
in the county of his residence (except as hereinbefore provided) : pro-
vided, that all farming implements, live stock, and other personal
property on a farm shall be listed and taxed in the county where such
farm is located, and not elsewhere. If the property belong to a com-
pany or firm, it shall be listed by and taxed to the company or firm.
If the property belong to a domestic corporation, which property is
not otherwise taxed, it shall be listed to the corporation by the princi-
pal accounting officer and at the principal place of business of such
corporation; if the property belong to a foreign corporation, which
property is not otherwise taxed, it shall be listed to the corporation by
the principal officer and at the place designated by the corporation as
the office at which all claims against the company, due residents of
the State may be audited, settled and paid; provided that, in the assess-
ment of capital under schedule “C,” section eight, sub-section two of
the revenue act, the stock on hand, raw materials for use in business,
whether at the place of business, in storage, or elsewhere, and ma-
chinery and tools not taxed as real estate, money on hand and on
deposit, shall be listed to the corporation (domestic or foreign) by
the principal officer in the county or incorporated community in which
such property is physically located as provided by law. If the prop-
erty consists of money, bonds, or other evidences of debt under the
control or in the possession of a receiver or a commissioner, it shall
be listed by and taxed to such receiver or commissioner, and the
clerk of each court shall furnish the commissioner of the revenue with
all bonds and funds held by the commissioner or receivers under the
authority of the court. If the property consists of money or other
things deposited to the credit of any suit and not in the hands of a
receiver, it shall be listed by and taxed to the clerk of the court in
which the suit is, and such clerk shall, upon the order of his court.
made in term or vacation, withdraw from such deposit the amount
of such tax; provided, that funds, credits or estate in the hands of a
receiver of a court, or deposited to the credit of a suit, to await
adjudication and disbursement upon debts reported in suits or pro-
ceedings pending in such court, shall not be listed for taxation. If
the property consist of money, bonds, stock or other evidences of
public or private debts in any county or city other than that of his
residence or State other than Virginia, it shall be listed by and taxed
to the owner thereof; and it shall be the duty of the respective exam-
iners of records of the said judicial circuits, where the respective
fiduciaries are appointed or qualified, to report to the respective com-
missioners of the revenue, of the counties or corporation in which said
property is liable for taxation, all property held by said fiduciaries to
be taxed as provided by law. If the property be listed by and taxed
to any person other than the owner, it shall not be delivered to the
owner until the taxes thereon are paid or indemnity given to the person
in possession for the payment thereof.

2. All acts and parts of acts inconsistent with this act are hereby
repealed.