Show CORPORATION FRAIWHlS S Question 01 Assessment Submitted to Attorney Genera coun fit A door Ad Monte nud 01 IttaItz1fort arrive Power fill alust Iou 1Itrnillt hy AintO o 1 prilstairly The question Be lo nUoaa right It la I to steels orporntlou IraDchltM the State Hostel of tuallzitlou or the county aaseaiota baa been lubmltlitl to Ibo Attorney General who > ny > that It must hs determined by there the-re or Iliu property Fullowlm la 1 Mr iilibop opinion itato Board of DI utilization bait Iiko City Utah GenlleuienI beg lo submit tile tot owing relative to your imitilry of July 19 which I as follows Ilenio Inform this board whether under Ilia reveuoe not r1I la I Us dUly lo Asos4 franchises 01 eopolloll Judo 1 Intent of the 180moOI lot general I = gy Icolloll 2 01 article 13 of tho 00111111 lien elllull 10 revenue and Mani 10 Videff All property lu Ills t4llo nol exempt under the laws 01 tile Uoc1 IS Isies or untler this constitution shelf Le lad fit lrorlou to Tin value to be 001lu1 as provided by lAw11 Than follows Ibo delillltli of too word property which IrfiUudot among other things franchises I In this sec f f Ir tioula contained two propositions 1lnt thai all property In llio State la I nuhjccl In taxation Hicondthat u franchise Is property within the meaning of the constitution Pursuant tills provision or 10 Constitution It teems apparent that tits Legislature intended that fran Chisel fclioulj he assOHied Section 12 01 the revenue eat provides I All properly and franchises owned by railroad street fail YA car railway depots telegraph end telephone coin parties or this State must be assessed by the State board ol equalization aa bore Inafter provided Without attempting to point oat every place lit the reverive act stheral it OVldbr r provided for the lunosmnont of Iran chise5liswillbo sufficient call attell lien 10 a fw or IblII 111 section80 tile personal properly and Italian As n1ainmend water companies ruu bo Us ed and aseitted etc 1 Section 32 provide pro-vide for tire assessment of bridges and ferries and their franclilft Section 33 p ovldcs for lboalositoont tit ofeetrid IlKlit Hues canAlSdIfilibefflillillUmonfind I Ihefranilnae of tile Militia when separate ly taxable hu also sicllon G a in determining deter-mining the duties of Ibo Sin o board of equalization provides for tb a obmet III all property anti 1 lnObh 01 all oad street railways cars railway depots telegraph and 1lophono COILIpan Efujut I I call still this poloolrnob 09 derhcd from Ibo United Steins I l11u1 riot bo assessed Again In nbdlvlslon r or section fill which defiling the povtera ol the Hlato board of equalization It H I provided To annually iincin the property franchises add r6adways ol all rallionds lrcet railways care railway depots lots graph anti telepbouetompanles lu this H ate at tholr actual value on the llret Monday In March al 111 oclock coon etc Those referelicea 10 legislative enact monter t think ate ulnelcnl to bow that lln as unquoitlonitbly Ibo Intention of the loKlahltnro that franchise ol all kinds 1 nhotld tic taxed and llto login it eOLluonto are 10 perfect accord with lha I provision of Ibo Constitution above referro I to A franchise Is a species of property Intangible It H true bill nevertheless II valuable I depending I I upon tile conditions and circumstances surrounding Ibo earns Ihey are special privileges conferred con-ferred by the government upon Individual Indi-vidual l a And le when he contorted belong ID too individual 10 whom they ate granted and riot citizens of the country coun-try generally of common light J N liber corlotalloll at Mh nOrtleertUbotbeir franchilm9 IIIIY eooolllUIO 0 omacl are exempt front taxation unless by clear unequivocal And valid contract Property that may eilst In n franchise Ii wholly I distinct and separate Irom other tangible property uhloh may be owned by a corporation or Ibo party holding Ibo frauchlw and under the constitutional provisions auirii the legislative enactnieuU referred tosliould bo Basossed Henarately and ludcpouuenl ly ttlore front Aa lo wbotbCr nr not the duty ol ao aaslol would bo ono dovolflo upon tho aUto board nl equalization or upon tno county a aessor would determined by Ibo uaturd of tbn properly to bass ails ed asunder the law certain fto chlaca aro assesrabm by tho btate heard olondallzMton while others come within with-in Die province of Ibo county B8os3r |