Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1846-04-01

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not exceeding, for either of
such purposes, the amount which the
per centum on the present amount Of the
taxable property Of such township, au>
thorized by said section, will produce;
and said trustees shall Immediately give
notice to the auditor of their county, OF
the amount so to be levied.
RETALIATION OF PROPERTY.
Sec. 81, Every sixth year, comput>
ing from the year one thousand eight
hundred and forty-six, the real property
Of the state shall be relisted, valued, rev
turned and equalized in the manner
herein before prescribed.
Sec. So. Each township assessor
shall, annually. at the time of taking a
list Of personal property, also take list
of oil real property situate in his town
ship, that shall have become subject to-
taxation since the last previous listing
Of property therein, with the value there.
Of, estimated agreeably to the rules pres
scribed therefor by the twelfth section
Of this act, and Of all new buildings. or
other structures Of any kind, oveE one
hundred dollars in value, the value of
which shall not have been previously
added to, or included in the valuation Of
the land on which said structures have
been erected, and shall mako return to
the county auditor thereof, at The same
time he is required by this act to make
his return Of personal property; in which
return he shall set forth the parcel Of
real property on which each Of such
structures shall have been erected, the
kind Of structure SO erected, and the
true value added to such parcel Of real
property, by the erection thereof; and
the additional sum which it is believed
the land on which the structure is erected
would sell for, at private sale, in conse-
quence thereof, shall be considered the
value of such new structure; and in case
Of the destruction by fire food or other
wise, OF any building or structure Of
any kind, over one hundred dollars in
value, which shall have been erected
previous to the last valuation ofthe land
on which the same shall have stood, or
the value of which shall have been ad>
ded to any former valuation Of such
land, the assessor shall determine, as
nearly as practicable how much less
such land would sell for, at private sale
in consequence ofsuch destruction, and
make return thereof to the county audi-
tor, as in this section before provided.
SEC. SO. Each county auditor shall
correct the valuation OF any parcel Of
real property on which any new struc-
ture, Of over one hundred dollars in
value, may have been erected, or on
which any structure Of the like value
shall have been destroyed as specified
in the preceding section, agreeably to
the return thereof made in accordance
with the provisions Of said section. p;
the assessors, and assess taxes for that.
and for each succeeding year, upon! such
corrected valuation. EEL ,t9
Sec go. The capital stock paid in
and remaining as capital stock. undi>
minished by losses inclusive ofthe value
of all personal property, moneys and
credits of whatsoever kind, not forming
part of such capital stock, belonging to
any banking company. OF other joint
stock company, that shall have been, OF
may hereafter be incorporated in this
State. tincluding stage cornpanies) de.
ducting from the money and credit o.
such company the amount of debts &C.
tually owing by such company. shal
be listed foI taxation by the principal
accounting officer Of such company, as
property owned by natural persons IS se'
quired to be listed in the township where
the principal Office of such company is
kept; and taxes thereon shall be as
sessed, collected, paid over and apPro'
prIated as prescribed in the succeeding
section ofthis act but the provisions o
this section shall Eot extend TO any
banking or other jeint stock company
which now is or may hereafter. be or
ganized, whose character or act Of in
corporation shall have guaranteed te
such company an exception from taxa
ton. or has prescribed any other as The
exclusive mode Of taxing the same.
Sec. 81. The auditor of state, annu.
ally, as soon as he shall have received
from the several county auditors, state
ments of the aggregate value oftaxable
property in their respective counties,
and Of the total amount Of taxes of all
descriptions assessed therein, for such
year, as required by this act, shall 5de-
termine from such statements the ayer-
age per centum assessed throug ghout the
State, upon the total value Of all the
property entered on the grand list for
taxation, and nearly each county andi-
tor in whose county the principal ac-
counting Office of such banking or other
joint stock company may be situated,
Of such average per centum; and every
such county auditor shall assess on the
capital and other personal property.
listed by, or on behalf of every such
company as prescribed IN the prec eding
section of the per centum Of tax SO as
certained, and set down the whole amount
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