680 AGRICULTURAL ECONOMICS 



of average taxable value and not to exceed 1,280 acres of land of 

 average taxable value, shall in addition thereto pay upon all such 

 excess aforesaid j of one per centum upon such excess; and any person 

 owning land of a taxable value in excess of 1,280 acres of land, of 

 average taxable value, and not exceeding 3,000 acres of land of an 

 average taxable value, shall in addition pay an extra rate of i per 

 centum per annum on said excess; and any person owning land in 

 excess of 3,000 acres of average taxable value and not exceeding 5,000 

 acres of land of such valuation, shall pay an extra tax of 2 per centum 

 per annum upon such excess; and any person owning land of average 

 taxable value in excess of 5,000 acres, and not exceeding 10,000 acres 

 of land of such value, shall pay an extra tax of 5 per centum per annum 

 upon such excess; and any person owning land of a taxable value in 

 excess of 10,000 acres and not exceeding 25,000 acres, shall pay an 

 extra tax upon such excess of 10 per centum per annum upon such 

 excess; such excess in each case to be levied and collected in addition 

 to regular ad valorem tax levied by law and such graduated excess 

 shall be calculated upon the basis fixed for taxation upon such land 

 exclusive of improvements thereon; until otherwise provided for by 

 law, twenty dollars per acre shall be deemed and construed as the 

 average value of Oklahoma lands and any number of acres, or any 

 fraction of acres of the taxable value of $20.00 shall be treated for 

 purpose of this act as one acre of average land, provided, however, 

 that 320 acres of land shall be exempt from this tax, regardless of the 

 value thereof." 



Leased lands: 



"In addition to other taxes levied, every person holding land under 

 lease or rental contract, or title, less than fee simple, the fee of owner- 

 ship of such land being in other person or persons, natural or artificial, 

 in excess of 640 acres shall pay on incomes, rents, and profits accruing 

 to the lessee from such land in excess of 640 acres and not exceeding 

 1,280 acres, an extra tax upon such excess of i per centum per annum 

 upon all of the incomes, rents, and profits, to him accruing therefrom 



1,280 acres and not exceeding 2,500 acres 3 per centum 

 2,500 " " " " 5,000 " 5 " 



5,000 " " " 10,000 ' 10 ' 



upon incomes, rents, and profits accruing from such excess." 



