Jasper County Democrat, Volume 6, Number 3, Rensselaer, Jasper County, 25 April 1903 — WORK OF WISCONSIN SOLONS [ARTICLE]

WORK OF WISCONSIN SOLONS

New Law Proposed for the Taxatloa of Mortgagee—Anti-Trust Legislation Advanced, Madison, Wis., April 23.—A new bill providing for taxation of mortgages and mortgaged property has been introduced by the committee on assessment and collection of taxes in the assembly. In substance It provides that the value of property affected by a mortgage, less the value of the mortgage, shall be appraised and taxed to the owner of the. real estate, and the value of the mortgage to the owner of the mortgage In the assessment district In which the real estate is situated. In the senate the so-called trust resolution was concurred in after being amended so that legislation if necessary may be had by the next legislature. A bill providing that no Judgment for absolute divorce shall be entered until the expiration of one year from the filing of the findings in the case wa spassed. The ad valorem railway taxation bill was advanced to a third reading.