Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1846-04-22
auditor Of States Office,
CoLuMRus, March so, l846

SiR: The following in structons and forms
have been prepared in conformity to the pro.
visions Of the 'act fer levying taxes on all
properly in this State according to its true
value." Brief explanations are given for the
purpose Of enabling Township Assessors and
persons from whom statements are required,
70 understand fully their duty under the law.
The first section declares. that all proper
ty, real and personal, within this State. and
the moneys and credits Of pessons residing
therein, shall be subject to taxation, except
such as is expressly exempted.
EXEMPTIONS.
The exemptions of personal property are
particularly specified in the 4th. 5th, 9th, 10th,
II ith, 18th, 18th, l4th, 18th, 18th and 18th
clauses of the third section. Special ex-
emp,ions are also, made in the 10Th, llth,
18th, 18th & 18th sections of the law. Most
of these exemptions are so clear and explicit,
that no explanation of them is necessary.
The 18th item in the Sd section exempts
all kitchen furniture, which includes all prop
erty commonly kept and used in kitchens, and
The beds and bedding, including beds.eAds,
belonging to private families, without regard
to their value, and also, other household fur-
niture and books belonging to any family, not
In making out the statement, no notice
need be taken ofkitchen furniture, beds and
bedding of private families, the whole being
exempted. All other household furniture and
books should be valued, and from the gross
amount one hundred dollars is to be deducted,
il it exceeds that sum, and the balance in-
cluded in the statement.
Keepers of taverns and boarding houses
tIol ko1l
kitchen furniture and beds ind bedding not
exceeding in value two hundred dollars, and,
. also other household furniture and books
uot exceeding in value one hundred dollars.
In making out their statement, keepers of
,averns and boarding houses should value all
their kitchen and household furniture, beds
and bedding, and books, and from the gross
amonnt deduct three hundred dollars; the
balance is the sum 10 be included in their
statement.
. Stocks sr shares of companies exempt
FROM taxation, or which are required, by law,
TO list thei' capital or property, or which are
taxed on their income. profits or dividends,
are not to be included in the ststement requir
cd Of private individuals, who are the holders
of the stock or shares Of such companies.
(Sse section TO-.
Claims and demands for property sold work
done, or services rendered, having no con-
nection with the loaning Of money, when
she credit is given for time not exceeding
six months, and where there has been nc
agreement, or understanding for a continu-
ance of the credit beyond six months, are not
"credits" subject to taxation, nor are they
subject to be taxed after the expiration Of Inc
six months, unless there has been some new
agreement or understanding for their conin-
uance. If such claims or credits are assigned
or transferred, they are subject to taxation in
the hands of the person to whom they have
been assigned or transferred.
PERSONAL PRopRRTY To BE LISTED.
No explanation is deemed necessary as to
the property to be included in the first eight
items of the statement.
If the Whole or any part of the property
enumerated in these items is exhibited to the
assessor, the owner or person making the
statement is not bound to swear to the value
Of the animals or articles so exhibited: and ir
this case the value will be omitted in the
statement, and the column for the value viii
be left blank opposite 10 the animals or art
cles exhibited, but the number must be statet
in the proper column, AMI sworn to, as pre-
scribed in the form Of the affidavit attached
to the statement.
The ninth item of the statement being
personalproperty not enumerated, must include
all personal property, texcept merchants ant
manufacturers stock which is not expressly
exempted or included in the specified articles
such as household furniture, stocks in com
panies not otherwise taxed or listed, shares
in steamboats, and other boats, agricultural
productions, wool, flour, pork, lumber, brick
stone, coal, wood, &c. &c. &c., the aggre
gate value of which must be stated. Car
should be taken, by assessors, to explain full!
the property to be included under this head
No statement of the items or particular arti
cles is required, but the aggregate value mus
be made up, and sworn to by the person max
ing the statement. .. .s
BANKS AND INCORPORATED COMPANIES.
The tenth section prescribes the manner il
which railroad, canal, slackwater navigation
bridge and turnpike companies are to list thu
stock of such companies, paid in by individ
uals. a......- -. .'...
II the stock is below par, it will be 81
listed; and if above par, the true value o
the stock, in money, must be stated by th'
proper accounting officer of the company
whose duty it is to make the statement re
quired.
The sixtieth section points out the name
in which banking companies, and other join
stock companies, including stage companies
must list their stock, personal property, mon
eys and credits, if not BY their charter ex
empted from taxation, or not subject to som
other as the exclusive mode of taxation. TIL
stocks, moneys and credits Of companie
named 10 the sixtieth section are to be liste,
by the proper accounting officer Of the com
psny, in the same manner that the propert
Unnatural persons is required to be listed
The assessor will leave with the proper Office
ofsuch company, the necessary notice ant
blank statement.
The stocks of the companies mentioned il
the Two sections above referred to, will b.
included in the ninth item, and their othe
property, moneys and credits in the appro
pirate item of the statement.
a = MERCHANTS STOCK.
The property to be included IN the state
meht as merchants stock, includes muc