Chap. 132.—An ACT to amend the Tax Code of Virginia by adding thereto a
new section to be numbered 73-c, in relation to the taxation of suppliers of
pulpwood, veneer logs, mine props and railroad cross-ties. [S 155]

Approved March 6, 1944

Be it enacted by the General Assembly of Virginia:

1. That the Tax Code of Virginia be amended by adding thereto a
new section, numbered seventy-three-c, which new section shall read as
ollows:

Section 73-c. Suppliers of Pulpwood, Veneer Logs, Mine Props
and Railroad Cross-Ties Taxable on Capital—Suppliers of Pulpwood,
veneer logs, mine props and railroad cross-ties who furnish the same
to manufacturers, mine operators and railway companies shall be taxable
on capital under this chapter and shall not be subject to license taxation
as merchants, commission merchants or brokers. The word “suppliers”
as used in this section is defined as any person, firm or corporation who
or which procures such pulpwood, veneer logs,-mine props or railroad
cross-ties for such users on a commission basis whether the commission
be measured by a percentage of value or of volume.