The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-02-12
Common Council.

may correct HenrCO.
r,s%an respectfully" most Sn SSsden'
Fl Common Council.
BOARD or ALDERMEN, Saturday, Feb Il.--Aldermaa
Woodruff President In the Chair and Aldermen Under
wood Martin, Jones' Gedney, Smith, Purdy, Hatfield, Da
vies, Stewar and Lee
The Boar met for the purpose of acting upon the
port OF the Finance Committee upon the financial condi
ton and policy of the city of New York. recommending
application for various laws in relation thereto and
the Comprolers report relation TO the annual ar bill
with the d aft of an act therefor
Alderman UNpE swoop moved that the report be taken
up, and stated that the amended alterations in the
men were for the purpose Of making assessment
the estate and capital of that portion of the CON-
munty who business in this city and reside in
adjoining towns cities. He commended that the prnci-
pie oaxaton and protection should hand in hand and
that those scevng the benefits Of the city government
should contribute their aid towards its support That the
principle had Aeen adopted in other cities and therefore,
was new feature in taxation.
Alderman PuHpY enquired whether such sy item OF tax
alton would not tend to prevent merchants manufsctu
for sale and shipping. He thought that they would ship
directly from their own ports IL such tax vas levied
The following are the material alterations in The pre-
sent law the Board and recommended to tho
legislature for their sanction:
Sc. 6-Every person whose mercantile other busi
shall ordiHary be transacted in the ssid city, but
who shall reside out Of the said city, shall hereafter be
essed in the said city and elsewhere within this State
in Like manner he actually resided in said city, upon
all goods merchandise, moneys, stock capital
in trade used applied by him any way connects ed
with the of such in trade
either general special partner, agent or ether
wise aud upon all and other the personal property
excepting his household furniture and such other per.
sonal property appeains to his household establish.
ment out of the said city Tor which he shall continue
be assessed in the country where he resides when the
sessmen is made the herein provided for
be made in the ward in which the person be assessed
shall transact his business as al oresad And such per-
shall be assessed the county where he resides other
han the said city of New Yerk upon any such property
as Is by this section made assessabe in the said city OF
New York, he shall, upon making affidavit before the
OF such Boro5sid aDy
they shall have completed their assessments that he
has been assessed in The said city OF New York. be
empted by such from upon such property
and upon all personal property excepting his household
furniture
The section that exists the present law allo wing in
corporatei companies to be relieved from provided
they show the Of the Board of Supervisors
that such company in the receipt prof
crease struckiout by vote OF eight to ourAlder
men woodruff Underwood, Jones and Crolius, in tn
gative.
following the material alterations in title second
OF the bill relative to the assessment of
Poraied companies and the Communication collection
thereof
SEC. The capital stock of every Co lisblc to taxa
ton, except such part OF shall have been excepted in
the assessment ROLL and by the previous sections this
title shall be assessed and taxed in the
other real and estate OF the county unless such
company shell be entitled to under the
on and shall elect to do in which tax shall be
imposed by the Board of Supervisors the property OF
such company.
SEC. IL. All companies employed wholly or principally
in manufacturing, end all marine insurance companies
whose annual income shall exceed FIVE per
he capital stock paid in and secured TO be paid in shall
be entitled to commute for their taxes by directly
to the Of the county in which the business Of
the company transacted five per upon all such
net income made by such company during the preceding
year.
Sac - All turnpike bridge or canal companies whose
net annual income shall not exceed five per the
capital stock paid in and secured to be paid in shall be
SEC IA To enttle any such company to the exemption
aforesaid the president aud secretary two officers
stock paid in and secured to be paid together with tho
income and profits and the total expenditures during the
preceding year Of such company which affidavit shall
making their assessments.
ssc Is. The president other proper officer OF each
company elccting to commute shall make affidavit before
some officer authorized to take afidavs stating the
amount OF such nett income and on fling the same with
the Clerk Of the Board OF Supervisors their first
meetng accompanied by the receipt Of the Chamberlain
acknowledging the pay ment Of the proper continuation
Title third relates to the in which the
ments be made 1t authorizes tie assessors to fur
nsh taxable persons within their wards with blank forms
which they to enter the actual amount of personal
property they are possessed Of which is to be certified by
their OATH placed the bottom Of the roll and delivered
by the assessor. This allows each TO be his own
and will remedy many evils that exist in the pre-
sent law.
The fourth section Of this title makes penal in the
sum OF $780, for person being the head of afamily
refuse to give information to the relative to the
duties imposed upon him, for giving false nfoma ion
10 case person refuses to return the blank form with
the oath attached the authorized to
him treble the value of his personal property
Section nine OF the bill that authorised owners Of real
estate to make affidavit of the value of their propertya
any time before the complete their assessments,
a basis for TAXATION uck by of to l.
Aldermen Martin Jones' Gedney and Carman in the
gative. r. ..-.
The Board took a recess at O'Clock for supper and
return to the chamber, Alderman Davies took the chair
The debate the bill then continued and long ar
gumen ensucd title sixth which authorizes the aool
shng Of the office Of Collector OF Taxes and arrears OF
taxes of the several wards and creating department
therefor.
Alderman UypgRwoop contended that this change
would from fifty TO sixty thousand dollars annum
to the corporation.
Alderman PuRpy opposed IT, and the first section was
adopted by vote OF 10 2-Aldermen Purdy Martin
lscted through a"departmen Of hoance,7 il is called
and Receiver and deputy to be appointed whose
term OF once is to extend during the pleasure of the Com
mon Council
ing the Legislature to pass law authorsng the people
70 elect the Receiver and deputy the annual charter
election This was lost by vote of TO 3-Aldermen
Purdy Martin and Smith in the negative. The section
was then adopted by giving the appointment TO the Com
mon Council and making the salary Of the Receiver $1,000
and the deputy $500.
Alderman Puspv moved a call OF the house, when the
following gentlemen answered Aldermen Woodnuii,
Underwood, Martin, Jones, Smith, Gedney, Purdy West
Dawes and Lee-l0
The debate was continued and the bonds OF the re-
ceiver fixed NJ $4,000 and the deputy nj SlOooo The
clerks he appointed by the Common Counc under
ordinance TO be passed when the bill becomes law.
The rensnder of the bill relates TO the mode of col
ion 81 axes the oi mixing sales Of lands Tor
and taxes sixh section Ut thf. rtion OF the bill
,,s Tor an addition o. per cent alt unpaid on
he 18Th January Of each year, and add ion OF one
month between the mouth OF January snd the OF April
rr present lew allows until the 10th of February before
he one per ut can be added.
The Board .djJurned at half past 10 O'Clock, without fin
ishing the bill.
PoKK he Burl,ppton U IT \ Gazette states that