64 REPORT OF SPECIAL FORESTRY COMMITTEE 



rate measure of all such products and file a sworn 

 copy of such measurement with the assessors, and 

 such sworn statement shall be the basis of the tax 

 valuation. 



Section 5. Before any such products are sold or re- 

 moved the owner of the timberland from which they 

 have been cut, shall pay in lieu of the usual annual 

 tax upon the timber the following percentages of the 

 stumpage value of such products as determined by 

 the assessors, according to the number of years the 

 timberland has been managed according to the pro- 

 visions of the above contract, viz.: 



2 years 10 per cent of the stumpage value. 



3 years 10 per cent of the stumpage value. 



4 years 10 per cent of the stumpage value. 



5 years 10 per cent of the stumpage value. 



6 years 10 per cent of the stumpage value. 



7 years 10 per cent of the stumpage value. 



8 years 10 per cent of the stumpage value. 



9 years 10 per cent of the stumpage value. 

 10 years 10 per cent of the stumpage value. 



From ten to forty years the timber or forest prod- 

 ucts shall not be assessed over ten per cent of the 

 stumpage value, as above provided, and the state 

 shall not enter into any contract for a longer period 

 than forty years. 



Section 6. The state board of forestry or the local 

 assessors shall have the right at any time to make, 

 or cause to be made, a check scale or measurement 

 of any products for which a sworn statement has 

 been filed with the assessors under the provisions of 

 section 4 of this act. 



Section 7. All timberlands affected by any of the 

 foregoing sections and assessed in the usual manner 

 shall be subject to the same rules and regulations as 

 to correction and review by local board of review as 

 now provided by law. The same right of appeal 

 shall apply as affects any other property in the same 

 district. 



