Show OPINION AT TO MIXES Rtreuuo Lair ConliniplalcS Assessment nf fire lei liocccds Acting Attorney General lienncr X Smith replying to questions propounded pro-pounded by lijwnnl 1lkc attorney for Juab county banded down an opinion yesterday afternoon holding that the revenue law contemplated the assessment of the not proceeds of all mines cf whatever nature operated throughout the State The opinion Is as follows I am lu rocelpt of your communication of recent date ask ng Ibo following questions ques-tions 1 lr t Undertocttou CJ of the Revenue Act of the bolon Lana of 1801 should not Iron mines locate 1 us quartz lodes Ibo product of which Hi I told to smellers for fluxing purputxu classed as valuable valu-able mineral I depoills 11 and the net proceeds pro-ceeds ol old Iron mines bo subject to taxation In tire limo manner its are other mines and mineral deposits to wit by urnlnhluK to the assessor Ibo btatemout as provided saldaootlon avrovidlitimalduootion SoooldShoul > l not gypsum and rock poll deposits located aud held na either lode or placer mining claim be also class fled U3 valuable t initialed deposits and Ibo net proceeds thereof bo taxed us provided In said section 61 r TbilltWouid U conform to Ibo Intent of the law governing Ibo assessment of Ibo not proceeds of uiluotf for the own or Ora minD 10 deduct from a statement of his net proceed for tho year preceding tho lot day Juno 1097 an account embracing em-bracing Interest ou an Indebtedness Incurred In-curred by said owner for machinery and Improvements prior to the year 10110011 ffor 1l J story preceding much statement The part of section 62 material to your first Inquiry la as follows I very person corporation or association associ-ation engaged In mining upon a quartz voin or lodo or placer villain I lalm containing con-taining any gold silver copper coat or other valuable mineral deposit must between be-tween the let and Ibb days of June In each year lOka our a amilemont 01 the groan yield of the abovenamed motaU or minerals from each mine during the year preceding Ibo fit day of Juno and the value thereof Iho Intention of Ibo Legislature train the language used was to Ala oss the not proceeds of mlneu containing all and every kind of valuable mluoral depoilts and that the same was not Intended to bo limited lo those specifically named and Ibo not proc odm of Ilio I rOil in I located lo-cated as quarts lodo which are referred to In Jour first lolIon would conic wllhln Ibo moaulqg of Iho act Mud bo subject to taxation As lo your second Inquiry In rotor coca to gypsum and rocksalt deposits f g ftc for rd r rl locatodoithor as lodo or placer mining claims Iain of Ibo opinion that they 10 come Vllhlll section 621 Red Ibo n1 proceeds of such mines are subject to taxation under that act Tho terms uxed are not necessarily limited valuable ineUlllo Hubitancoa but whatever U I recognized by standard authorities as mineral I aud which have a Pacific value as slicii woula come withimuntho meaning of Ibo not Gypsum and rocksalt art recognized by Ibo Untied States land olQce as valuable mineral deposits In answer 10 Jour third inquiry III Is III y opinion that tire ownfir of it mine ISIo J In I tuaning n In omcut should not de duel front Ilia not procceda for tho year preceding the lit of June 1897 Interest paid upon au IndLbtedncss > l jcnrrod prior to Hint year beetlon M ot the wJ 1 lna1 woID IleenuoAct specifies what allowances el may bo inado and for what purposes ro go Jrlowotdr tho money tu allowed U expended hut It fajls to Include In Iho allowances In orpstupoa Indebtedness incurred prior to Ibo your prccodlng the statement |