The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1841-12-07
LAWS OF VERMONT.

~ -" AAN' AS'oein5 " duer IIdnu List.
IL is hereby enacted by The General Assembly o.
The State Of permont as follows:
Sec. l.. All real and ptr,onal estate owned by
the inhabitants OIL situated in this STATE shall
hereafter set in the Grand List at one per cent. OF
ITS value, and be liable To taxation, subject 10 the
exceptions hereinafter specified.
Sec. 2. The term real estate shall be constru-
ed to mean all lands within this state, all build
ings affixed 10 thu same, all trees and underwood
growing thereon, and all mines, minerals, quar-
res and fossils in and under the same.
Sec. 3. The term personal estate, as used in
this acI shall be construed to include all chates,
moneys and effects of every description, all ships
and vessels whether al home or abroad, all debts
due from solvent debtors, whether On account,
note or contract b md, mortgage or other security
whether such debt is due at the time of making
said list or to become due thereafter all moncy
10 md or debts secured on real or personal estate
where, BY the contract, such estate is to be con-
veyed on the payment of the sum loaned or any
pait thereof, with or without interest all public
stock or securities, all stock in monled or other
corporations whether incorporated in this State
or not, except such stock NAV he owned in
corporations out If this State and taxed in the
STATE where such corporation is lncatrd.
Sec. 4. All polls of the male citizens of this
State over the age Of twenty-OEe years, and I'M
lei the age of sixty years, shall be set on the list
AZ one dollar each.
SC. 5. The following property shall be ex-
empl from taxation and shall not be sci in the list:
FirsL-All real and personal estate owned BY
TIL. State or the United States.
Second-A real and personal estate granted.
sequestered or used for public pinus or charitable
uses.
nd-All.huuseholi furniture of every person
not exceeding Eve hundred dollars in v1lue and
all wearing apparel, all private and profess onal
Libraries, all farmers and mechanics toos ne
ctssary To carrs on the ordinary business of their
respective occupations, and such provisions as
shall appear TO the assessors To be necessary lor
the consumption of the family of such person for
year, and the polls of such persons as the
listers shall deem sr inim as to be unfit subjects
of taxation, and all sheep cattle and horse.
(which have not been winicred one winter and
hay and other pr>iuce sufficient t. winter out hi
stock ami all lands leased by the several towns
for the purposes of educa ion. such Is Common
school lands, and also lands owned by, or leasrd
for the Of COLLEGES, &C Idrmies Or 9th public
schools, and all lands leased for the suppo of the
gospcl,-bu. the private buildings situated ON the
lands aforesaid shall not re exempt from taxation
bul shall be appraised and set in the list of the
owner thereof in the same mann as other real
estate.
Sec. 6. ALI real estate shall b. assessed and
set ia the list IN the Town where such estate is
situated. 10 The person who shall be the last
owner or PosseSsor thereof. on he first day of
April in each year and in case such estate is
morgaged. the mortgagor shall, for all the
purposes of taxation, be deemed the owner, IN.
Ill the morgagee shall take possession, after
which the mortgage shall be deemed the OVID
cr-
Sec. 7. All wharves erected in any of the
waters Of Lake Champlain and not within the
limits of any town, with all the buildings there
on, shall, for the purposes of taxation, be DEEM
ed as being within the town adjoining which
they are situated.
Sec. 8. All real estate subject 10 taxation.
assessed and placed in the list as provided in
this ac, shall be held for the payment of all
taxes legally assessed thereon, and may be sold
for the payment of such taxes, in the same
manner as if such estate was owned BY the per-
son 10 whom the same shall DO assessed at the
time of assessment, and al the time of sale.
Sec. 9. All personal estate liable to taxa
ton shall, Except in the cases enumerated in
the following section.) be assessed 10 the person
who owned the same on The first day of April
in each year, provided he on that day, shall be
an inhabitant of this State.
Sec. 10. The excepted cases referred to in
the preceding section, are the following, to wit:
First-All goods, wares and merchandise,
or any other stock in trade, including stock
employed in the business of any of the mechan.
&c arts, in any town in this state, other than
where the owner resides shall be taxed in those
towns, if the owners hire or occupv stores
wharves or shops therein, and shall not be tax.
able where the owners reside.
Second All machinery employed in any
branch of manufacture, and belonging to any
corporation or comPany,s hall be assessed tosuch
corporation or company in the town where such
machinery may be situated or employed, and in
assessing such stockholders for the stock in
any manufacturing corporation or company,
there shall first be deducted from the value
thereof. the value of the machinery and real es-
tate belonging to such corporation or company.
1hird-All horses, asses, mules, neat cattle
and sheep, kept in a town other than where the
owner may reside, shall be assessed to the own.
er IN the town in which they may be so kept
on the first day of April.
Fourth-All personal estate belonging 10
persons under guardianship shall be assessed
to the guardian in the town where the persons
SO under guardianship shall ieside. nrovided
such person so under guardianship reside in
this state. otherwise it shall be assessed 70 ouch
guardian in The town where such guardian re-.
sides.