time used and number of miles run within and without the State) of the rest; and the proportional value in each county; its depots and other buildings and its telegraph lines with their value; its other personal property; its capital stock; bonded and other indebtedness, gross earnings (itemized), and gross expenditure (itemized). The Board of Public Works then assesses the cash value of the property, and apportions it to the local taxing district. The Auditor then assesses the State taxes, and also the local taxes at the local rate. All real estate of the company not used in connection with the railroad shall be assessed and taxed like the property of individuals. 152 The property of domestic insurance, telegraph, telephone and express companies shall be assessed for taxation as other property in this State. But the stock notes of such companies shall not be assessed; nor shall such notes or any part of them be considered a part of the indebtedness of the maker thereof, in listing his property for taxation. 153 Every foreign insurance, telegraph, telephone and express company doing business in this State (not including telegraph lines owned and operated by railroad companies for railroad purposes only) make returns to the State Auditor. The returns of an insurance company show the amount of risks on all insurances made or renewed within the State. The returns of a telegraph or telephone company show the full number of miles of lines used or operated by the company within the State. The returns of an express company to show the number of miles of road operated by the company within the State; 154 express companies, one dollar and fifty cents per mile of road used; telegraph companies, one dollar per mile of wire, telephone companies, one dollar per mile of wire over which messages are sent or received "as common carriers between cities, towns or villages," but not over local exchanges. 155 152 W. Va. Code, ch. 29, § 67. 153 Ibid. ch. 34, § 6. 154 Ibid. ch. 34, §§ 7-10, amended 1901, Act 107. 155 Ibid. ch. 34, § 13, amended 1901, ch. 107. 8646. Wisconsin. Railroad companies pay an annual license fee of four per cent. of their gross earnings, if they earn more than $3,000 per mile; three and a half per cent. if they earn from $2,500 to $3,000 per mile; three per cent. if they earn from $2,000 to $2,500 per mile; and if they earn less than $2,000 per mile, five dollars a mile, and in addition two and one half per cent. on all earnings above $1,500 per mile.156 Express companies are taxed on the value of their property; this is found by taking the entire value of the capital stock, deducting the value of the real estate outside the State and of personal property not used in the express business, and apportioning the balance according to the mileage inside and outside the State.157 Telegraph companies pay a license fee annually as follows: for a single line of wire, one dollar per mile; for a second wire, fifty cents per mile; for a third wire, twenty-five cents per mile; for each additional wire, twenty cents per mile.158 Telephone companies pay an annual license fee of three per cent. on the gross receipts over $100,000, and two and a quarter per cent. on gross receipts under that amount. 150 The following property is exempt from local taxation: The track, right of way, depot grounds, buildings, machine shops, rolling stock and all other property necessarily used in operating any railroad in the State (subject, however, to local assessments for local improvements in cities and villages); all property except real estate of all companies engaged in telegraphing; the property of all telephone companies except real estate not necessary for the purpose of their business. 160 8647. Wyoming. Railroad, telegraph and telephone companies make an an156 Wis. Stat. § 1213. 157 Wis. 1899, ch. 111, § 4. 158 Wis. Stat. § 1216. 159 Ibid. § 1222a. 160 Ibid. § 1038. nual statement showing "franchises, roadway, roadbed, rails and rolling stock," including sleeping and dining cars making regular trips over the railroad, and all other property used in the State. The State Board of Equalization then assesses the value per mile of all the property actually used within the State in the business of the company. The company is then taxed in each county on this valuation.161 Express companies pay one per cent. on their gross receipts within the State in lieu of all taxes, State and local. 162 $648. New Brunswick, An annual tax is laid as follows: Express companies operating over a railway mileage of 100 to 250 miles, fifty dollars; mileage of 250 to 500 miles, one hundred twenty-five dollars; 500 miles and over, two hundred fifty dollars. 163 Telephone companies, twenty-five cents on each telephone. 164 Telegraph companies, five hundred dollars, but one hundred dollars in case of a company working less than one hundred miles of wire in the Province.165 $649. Ontario. Taxes are assessed as follows: Railroad companies, $5 per mile operated in the Province. Telegraph companies one-tenth of one per cent. of paid-up capital. Telephone companies, one-eighth of one per cent. of paid-up capital. Gas and electric lighting companies in any city, not owned by the city, one-tenth of one per cent of paid-up capital. Natural gas companies (either producing or transporting), $1,500. 161 Wyo. 1901, ch. 50. 162 Wyo. 1903, ch. 111, § 2. 163 N. Brun. 1892, ch. 4, § 1, cl. 5. 104 Ibid. § 1, cl. 6. 165 Ibid. 1, cl. 9. Express companies, $800 for first 400 miles of railway in the Province, or fraction, and $125 for each additional 400 miles or fraction. Sleeping car companies, one-third of one per cent. on capital invested in rolling stock in use in Ontario.166 These companies are also assessable for municipal purposes, except railroad companies, 167 which are assessed specially. $650. Quebec. Taxes are assessed as follows: Railway companies receiving subsidies from the government, and certain other named companies, pay annually ten dollars for each mile operated; others pay five dollars per mile. Telegraph companies pay one-tenth of one per cent. on the amount of paid-up capital to $50,000, and $2,000 for every company with a greater paid-up capital. Telephone companies pay one-tenth of one per cent. on the paid-up capital if $50,000 or less; if between $50,000 and $100,000, two hundred and fifty dollars; if between one and two hundred thousand dollars, five hundred dollars; if between two and three hundred thousand dollars, one thousand dollars; if over three hundred thousand dollars, fifteen hundred dollars. 168 Foreign express companies pay one-tenth of one per cent. of the paid-up capital to one million dollars, and twenty-five dollars for each hundred thousand dollars or fraction thereof over a million. 169 166 Ont. 1899, ch. 8, § 2. 187 Ibid. § 6. 168 Que. 1895, ch. 15. 169 Que. 1903, ch. 19. CHAPTER XXVII. INCORPORATION TAX. § 651. Nature of incorporation. 652. Alabama. 653. Arizona. 654. Arkansas. 655. California. 656. Colorado. 657. Connecticut. 658. Delaware. 659. District of Columbia. 660. Florida. 661. Georgia. 662. Idaho. 663. Illinois. 664. Indiana. 665. Iowa. 668. Louisiana. 670. Maryland. 675. Missouri. § 676. Montana. § 651. Nature of incorporation tax. 677. Nebraska. 678. Nevada. 679. New Hampshire. 680. New Jersey. 681. New Mexico. 682. New York. 683. North Carolina. 685. Ohio. 686. Oklahoma. 687. Oregon. 688. Pennsylvania. 689. Rhode Island. 690. South Carolina. 691. South Dakota. 692. Tennessee. 693. Texas. 696. Virginia. 700. Wyoming. In most States, a tax or fee is payable to the Secretary of State for the privilege of becoming a corporation, and the organization is not complete until this fee is paid. This is called an incorporation fee or tax. 8652. Alabama. The charter fee is as follows: Where the proposed capital |