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(b) Public Service Corporations <br /> Real Estate: <br /> <br />Unequalized <br /> <br /> The tax on real estate of public service <br />corporations which is assessed at forty percent (40%) of the <br />fair market value therefor shall be Three and 20/100 ($3.20) <br />Dollars multiplied by the local assessment ratio as most <br />recently determined and published by the Department of <br />Taxation of the Co~mmonwealth of Virginia on each One Hundred <br />Dollars ($100.00) assessed valuation therefor. <br /> <br />(c) <br /> <br />Public Service Corporations Equalized <br />Real Estate: <br /> <br /> The tax on real estate of public service <br />corporations which is assessed at one hundred percent (1OO%) <br />of the fair market value therefor shall be One and 28/1OO <br />($1.28) Dollars multiplied by the local assessment ratio as <br />most recently determined and published by the Department of <br />Taxation of the Connnonwealth of Virginia on each One Hundred <br />Dollars ($100.00) assessed valuation therefor. <br /> <br />3. Tangible Personal Property: <br /> <br /> (a) There shall be a tax of Four ($4.00) <br />Dollars for every One Hundred Dollars ($100.00) of tbs <br />assessed value thereof of all tangible personal property of <br />every kind and description as classified by Sections 58-829, <br />58-829.2 and 58-829.3 of the Code of Virginia, 1950, as <br />amended, not exempt from taxation, except household goods <br />and personal effects as classified by Section 58-829.1 of <br />the Code of Virginia, 1950, as amended, and including all <br />motor vehicles and delivery equipment used in manufacturing, <br />mining, processing and reprocessing, radio or television <br />broadcasting o.r dairy business, and segregated by law for <br />local taxation exclusively. <br /> <br /> Provided, however, that those articles exempted under <br />Section 58-829.1 of the Code of Virginia, 1950, as amended, <br />shall apply only to such property owned and used by an <br />individual or by a family or household, incident to maintaining <br />an abode for such individual, family or household and shall <br />not be construed to extend to such property that is used to <br />furnish an abode for use by others from whom rent or other <br />consideration is received. <br /> <br />(b) Public Service Corporations: <br /> <br /> Exclusive of automobiles and trucks which <br />shall be taxed at the ra~e prescribed in Section 3(a) herein, <br />the tangible personal property of Public Service Corporations <br />shall be taxed at a rate of Three Dollars ($3.00) for every <br /> <br /> <br />