Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1846-04-22

such property, labor, or moneys. at the
place where payable.
Annuities are 20 be valued at the price !
which the person listing the same he>
lieves them to be worth. An annuity Of
sixty dollars per annum forever; would
be worth one hundred dollars estimmat-
ing the purchase money at the rate OF
per cent. per annum, or six hundred dol
lars if estimated at ten per cent.
II the property enumerated in the eight
first items Of the statement, or any part
exhibited to the assessor, to be
valued by him, the value of the articles
SO exhibited must be omitted in the state
meht; and IN such case the oath of the
person making the statement will be
made only to the correctness of the num-
Der of the enumerated articles, and to
the value of the articles not exhibited
and the value ofthe residue Of his person
al property, moneys and credits. The
oath of the person making the stateme MT
is, in all cases, required to the value of
the items not enumerated, merchants
and manufacturers stock, and moneys
and credits, being the four last items of
the statement.
The rules for valuing property, mon.
eys and credits. apply to cases in which
the assessor is required to ascertain the
value as we'll as to the valuation to be
made by the individuals owning or hold
ing the property.
TOWNSHIP ASSESSORS.
The powers and duties Of township as.
SCISSORS are particularly defined in the act
from section % to section 81 inclusive.
Much will depend upon the fidelity with
which the assessment is made. A large
amount Of property, moneys and credits,
which has not heretofore been taxed,
will be brought upon the grand list by
proper vigilance of the assessors. The
result will be, when the law is fully carr
red into effect, to reduce materially the
heavy taxes which have been paid by
those who have borne more than their
just proportion of the public burdens.
Assessors should carefully note in thier
books the name of every person with
whom notice and blank statement is
left: 1t is their duty to leave themwith e7-
cry resident ofthe township. 1t will be
found that many persons have property
and money on hand, or on interest, or
credits, who were not supposed to have
such effects or property subject to taxa
tonL
Assessors should explain the provis-
ions of the law, as fully as practicable,
to those who do not understand them;
and it will be their duty to carry the law
strictly into effect, in every case where
the person with whom they have left a
notice and blank statement neglocts or
refuses to comply with its requisltlons
If the value Of part Of the property is
not specified in the statement, the asses
sor must be careful to add the value of
such items as are omitted, when ascer-
tanned by him. to the amount sworn to
in the statement, and include the whole
in his abstract returned to the A uditor.
Assessors will explain to persons who
may have statements to make IN theil
own right. and as guardian, parent, mas
ter, &c that separate statement mus,
De made in each case; that is, one state
ment for the property that is held by th.
person in his own right, and One for til,
property held as guardian, trustee, & c.
and it will be necessary, in many cases
to leave more than one blank form will
the person who is required to meke thes
statements.
The form Of affidavit is such, that tn.
several statements to be made by tn,
same person may be attached by cuttin.
the affidavit off all but the last one. B,
adopting this course, one affidavit viii
answer for all the statements to which
is attached.
Township assessors are required t.
ascertain and return to the county audi
tor, the value Of all real property, and @
all new structures within their town
ships. which have become subject to tax
alton since the last listing OF property
and the county auditor must put sue
: property upon his duplicate, and asses
; the taxes thereon for the year 1916. Al
!. structures destroyed by fire since th
last assessment, must also be returne
,, by the assessors to the Auditor, that h
may strike the value of such structure
from the duplicate (see sections 81 an
, 5s.)
In making out the abstract and tabu
> lar list of the property to be returned t.
! the county auditor, assessors are reqir
= ed to omit all fractions or parts of dol
lar. 1fthe statement sworn to, or tn
value of the property as determined BY
the assessor contains cents or parts OF
dollar, they must be omitted in The tabu
lar statement prepared by the assesao
for the county auditor.
Township assessors are requested t.
submit all questions of difficulty tha
may arise, to the auditor Of their count,
who will, in case where he may deem
proper, correspond with the Auditor 0
State upon the subject.
1t is recommended to each county au
ditor, to appoint some day for d meetin,
7; of the assessors Of the different town