1917_public laws_266_54
CHAPTER 234 AN ACT TO AMEND CHAPTER 286, PUBLIC LAWS OF 1915, IN RELATION TO THE ASSESSMENT OF PROPERTY AND THE COLLECTION OF TAXES. The General Assembly of North Carolina do enact: ARTICLE I. Boarp OF STATE TAX COMMISSIONERS.
Refrigerator and freight car companies. Every firm, person, or corporation owning refrigerator or freight cars operated over or leased to any railroad company in this State or operating in the State shall be taxed in the same manner as hereinbefore provided for the taxation of sleeping-car companies, and the collection of the tax thereon shall be followed in assessing and collecting the tax on the refrigerator and freight cars taxed under this section: Provided, if it appear that the owner does not lease the cars to any railroad company or make any contract to furnish it with cars, but they are furnished to be run indiscriminately over any lines on which shippers or railroad companies may desire to send them, and the owner receive compensation from each road over which the cars run, the State Tax Commission shall ascertain and assess the value of the average number of cars which are in use within the State as a part of the necessary equipment of any railroad company for the year ending April thirtieth next preceding, and the tax shall be computed upon this assessment.