The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1840-06-27

Harrisburg, May 27, 2640.
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TAX BILL.
We subjoin the Tax Bill as it has passed
both houses of the Legislature:
AN ACT.
To create additional revenue TO be applied
towards the payment of interest and the
extnguishmenL Of the debts Of the Com
mOnwealin.
Section /. Be i! enacted by the Senate
and House Of Representatives Of the Com.
monweath of Pennsylvania in General
Assembly met, and it is hereby enacted by
authority Of the same. That from and after
the first day Of January next until The year
1916 inclusive, the capital stock paid in Of
all banks, institutions and companies what
socyer, incorporated by or in pursuance of
any law Of this commonwealth, on which
a dividend or profit Of one per cent. per
annum is made or declared, shall in addi-
ton to any taxes, rates or levies now impo-
sed by law pay lor the use Of the Common
wealth tax Of one half mill ON every dol
lar Of the value thereof, and an additional
one per cent. per annum Of dividend or
profit made or declared on said capital
stock; and the amount Of said tax shall be
retained and deducted by the cashiers,
treasurer or other officer having charge OF
said banks, institutions or companies, from
the dividends or profits made or declared
as aforesaid, and shall account for any pay
the same into the treasury Of this common
wealth al the same t@el IN lRq s5 faRa w ,pgq pGq;
ing laws in relation to taxcs on hank d;y;-
Sends.
Ssction 2. That the county commission.
efs OF each and every county of this cnrn.
monweallh shall be, and they are hereby
authorized and required annually, a, the
nsGa! period Of making county rales and
IeVies' uhhl the year ono thousand eiqht
hundred and forty six inclusive. TO add 10
'he county rates and Ieyies, for the use of
ihe commonwealth as ColIows no. i -
Say' upon all real and personal pfDpevty.
persons, trades, occupations and profes,j ,jo1s
no" MADE taxable by the laws Of this rom.
hohweal!h Tor the purpose of raisin1 co,n,.
y rates and ievieS, ,one mill upon everv dni.
iaf oi 'do actual value thereof: And ~,
az personal estate and property heyeipafer
uesefioed' owned or possessed bv apy NO,
ooN "'la'oVer' mat Is to say, on al mortga-
So moneys al interest, dsb,s due from
so'V9n1 oeO'ors' whether by promissnrv
Ao'e' except notes or bills for Goods ,n,1 |
u ueI!Vefed and bank notes penal or sinole .
'ond Judgment--on all stocks or &C., /
owned or held by individuals in this com
hohWealth IN any bank, institution or cor1
'any Incorporated by any other state or
efAlofy--on all loans or inves,nen,s
l'.Iest .s 10 ciIlzens OF other states, or in the
Vcurltes ol other states, owned or held bv
u, nui'iaae is IN this commonwealth: and On
Vi PuDhc loans or stocks whatsoever. ey-
ep' those Issued by this commonweoII,
'"hed or held as aforesaid, one half nil
~ every dollar OF the value thereor on
'h'ch one per cent. per annun dividenJ
u pfohl may accrue to or be received b,,
ne owner or holdsr thereof, an addh;aosI
e S'' ','lI Oh every dollar Of the value lAere.
lof every additional one per cent ner
mum oi every interest, dividend or prpf,
cGruihg to or received by such owner or
older Upon all household fyrnirpr, T., /,
Ila'nng gold and silver plate, owned and
eP' .io ior use oy any person or persons, cor
o'a'oh or corporauous,exc in yalne
le sum OF 'hree hundred dollars, I've mills
pom every dollar of the value thereof on on
len excess. Upon pleasure carriages +
|ned and kept for use, one per cent. uSon {
very dollar of the value thereof. Upon
atches owned and KEEP, for use as follows !
al IS to say, on gold lever, or other q,lJ i
1'eAes OF equal yalne, each one dollaT- I
Pol every other description of rold !
4'ches' and upon silver lever watches, ar 4
hef silver watches Of like value, seventy. 4
% cents each. Upon every other descrio. !
IN oil watches Of lhe value Of twenty da. +
rs orupwards, fifty cents each. Upon an +
larss and emoluments of Office created s
held by yiltue Of any law of his com. G