Jasper County Democrat, Volume 5, Number 2, Rensselaer, Jasper County, 19 April 1902 — OHIO'S NEW TAX LAW. [ARTICLE]

OHIO'S NEW TAX LAW.

Corporations Must Pay Per Cent on Grose Karn Inga. All quasi-public corporations in Ohio must pay into the State treasury in the future a tax of 1 per cent on their gross incomes, and all private corporations, formed for the purpose of profit, must pay a tax of one-tenth of 1 per cent on their capital stock. These two laws, which in their earlier stages have been known as the Willis aud Cole bills, were passed by the Senate. The House had already passed them, and as the Governor of Ohio has no veto power they will go into effect nt once. Together the two now laws will add over $2,000,000 a year to the State treasury, but they have an even greater importance than this, for they are the main steps in Gov. Nash's taxation plan, which when fully carried out will work an entire reorganization in the tax system of Ihs State.

Because a number of boys made remarks about the hats worn hy two girls who were accompanied by two young men, George Stranz, 16 years old, and Sti nicy Goblinski, IS years old, of Chicago, were mortally wounded by one of the men. The stranger who did the shooting was pursued by n number of cit'zeiM and the police, but he made his escape. Arthur Linn, a young single man, was snitithered to death while working at the salt mines at Kingman, Kan., caused by a cave-in of the bins in the warehouse.