The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1845-04-11

ike manner, the amount If money at
interest. OF any person, company or
firm, to he contained in the statement
required by The first section oi this act,
shall be. as near as the same can be as
certaIned. the medium sum or amount
between the greatest and smallest
amount OF money at interest, for the
year next preceding the time making
put such .Statement; provided, that i!
any person or member of any compa-
ny or firm, required to make state
ment OF money at interest, or capital
in trade, has Withdrawn, or shall intend
to Withdraw the whole Or any part OF
such capital IN trade, or invest the same
IN pro .perty subject To taxation, other
wise than is provided by this act. any
part OF the money at interest for the
yearprevious,so as to reduce the amount
ut capital or none, AT interest, as the
case may be, ,below the medium amount
tor the year previous, and shall attest
TO tie same on oath or affirmation, the
amount TO be entered on the list by such
person or firm, may be reduced accor-
dinglv; provided further, that the pro.
visions Of this act shall apply to every
unlncorporated bank or banker, broker
Or brokers, or other person loaning or
having money at interest.
SEC. 6. Moneys due on bona 6de
sales, or leases of lanh or real estate
situate within this State, entered on the
grand list for taxation, in cases where
such sale Or lease is in no wise connect
ed with. or growing out OF. loan or
advance OF money, and moneys due on
notes, checks, drafts, or other eviden-
ces Of debt, for personal property actu-
ally sold in the ordinary course of hu-
sin 'ss, and payable within six months
from the date of the sale of such prop
cry, provided such sale Of property
shall have been in no wise connected
with any loan or advance Of money.
no. made for the purpose ofevading the
payment O. any tax, shall not be con.
sidered moneys at interest, within the
meaning OF this
SEC. 7. In making out the state
ments of moneys al interest, required
b. the first sectipn Of this act, the per-
son, company or firm of whom it is re-
quired shall he entitled to deduct, from
the gross amount of moneys owing 10
such person, company or firm.
Filst: The amount of debts owing
hy such person .companyor firm, ,bearing
interest. to any person company firm,
or corporation, other than obIig itions
give. Tor the purpose Of effeciing insu-
RANGES;
Second: Moneys owing to any per-
son or persons out of this State. for the
purchase Of lands within this State
which is listed for taxation;
Third Money due from persons be-
lieved to be insoivenI. and which mon
rys are not otherwise adequately secu-
red, may be omitted, 10 making such
TO the amount believed not
to be colIectable.
). SEC. 8. lfnuv person, company or
firm shall refuse or neglect to make any
statement required OF him or them bv
the provisions of this act, or shall re-
fuse to verify the same by oath or affir-
nation as herein 'efore required, the
Assessor shall proceed to make out,
from the best evidence in his power TO
obtain, statement of the amount OF
money AT interest, "r capital in trade, ,oi
the person. company or irm that may
have 50 refused or neglected to make
sugh statement.
SEC. 9. EachAssessor shall, at the
time he is required To make return to
the County Auditor Of other property
assessed or listed by him, make return
Df the statements of money at interest
and capital in trade, obtained or made
nut by him as required bv this act; and
the County Auditor shall deduct from
the amount of money at interest and
capital in trade, as stated and verified
by the owners thereof,ifty per centum,
ind the remaining fifty per centum he
'lia;l enter upon the grand list for taxa
lion. as other properly; bat from the
stated and returned by the
in cases where the owner or
,wners shall have refused or neglected
10 make the statement required by this
ict, the Auditor shall make no deduc.
ion, but shall enter the whole amount
IN the grand list Tor taxation.
SEc.Y 10. II is hereby declared to
De the true intent and meaning Of the
Of the act entitled San act
vomiting dut the mode Of levying tax
IS" passed March IA, 1891, that so
much ef said section us makes pleasure
carriages subject 10 taxation, includes
es.barouches, ,buggies, ,dearborns,
80 49, ff-f I fs. fH