The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1846-03-26
AN ACT
For leeying tares on all property in this
State ACCORDING TO its true 1,aLue

sTW seOHHS tuIeS on oH properly w WtS
Al State according to its true value.
rrSBc. l. Be it enacted by the General
Assembly Of the State of Ohio, That all pro-
psrty, whether real or personal, within this
state, and the moneys and credits of per-
sons residing therein, except such as is
hereinafter expressly exempted, shall be
subject to taxation; and such property, mo-
neys and credits, or the value thereof, shall
be entered OH the lists of taxable property,
for that purpose, in the manner prescribed
by this act.
SEC. 2. The terms +" real property" and
"land," wherever used in this act, shall be
held TO mean and include not only the land
itself, whether laid out in town lots, or 9th
erwise, with all things contained therein,
but also all buildings, structures and i'm
provements, trees and other fixtures of
whatsoever kind thereon, and all rights and
privileges belonging, or in any wise apper-
timing thereto, including all stoves in amy
building belonging to the owner of such
building, and used instead of fireplaces.
g The term "personal property" wherever
used in this act, shall be held to mean and
include
lst. Every tangible thing, being the sub
ject Of ownership, whether animate or inan-
innate, other than money, and not forming
part of any parcel of real property, as here
inbefore defined.
I'd. The capital stock, undivided profits,
and all other means, not forming part of the
capital stock, of every company, whether
incorporated or unincorporated, and every
share, portion or interest in such stock, pro-
fits or means, by whatsoever name the same
NAV be designated, inclusive of every share
or portion, right or interest, either legal or
equitable, in and to every ship, vessel or
boat, of whatsoever name or description,
used or designed to be used, either exclu-
sively or partially, in navigating any of the
waters within, or bordering on this state,
whether such ship, vessel or boat shall be
within the jurisdiction of this state Or else
where, and whether the same shall have been
enrolled, registered or licensed at any col
lector's office or within any collection dis
trict in this state, or not
The term g meney" or moneys" where
ever used in this act, shall be held to mean
and include gold and silver coin and bank
notes in actual possession, and every depo-
sit, which the person owning, holding in
trust, or having the beneficial interest there
in is entitled to withdraw, in n oney, on de-
mand.
@ The term " credits" wherever used in
this act, shall be held to mean and include
every claim or demand for money, labor or
other valuable thing due or to become due,
and every annuity or sum Of money recelV-
able at stated periods, and all money invest
ed in property of any kind, which is secured
by deed, mortgage or otherwise, which the
person holding such deed, or mortgage, or
evidence of claim, is bound by any lease,
contract or agreement, to reconvey, release
or assign, upon the payment of any speclil-
ed sum or sums: Provided, that pensions
receivable from the United States or from
any of them, salaries or payments expected
to be received for labor or services to be
performed or rendered, shall not be held to
be annuities within the meaning OF this act
and provided, also, that claims or demands
for property sold, work done, or services rem,
dered, having no connection with the loan
ing of money, when the credit given is tor
time not exceeding six months, and when
there shall have been no agreement or un'
derstanding for continuance Of the credit
beyond six months, shall not be considered
credits subject to taxation.
The terms "separate parcel OF real pro-
psrty" and separate parcel Of land" wher-
ever used in this act, shall be held to mean
any contiguous quantity or parcel OF land
belonging to the same owner or owners, whe'
ther comprised in one, or in more than one
section, tract, lot or other survey, or subdl-
vision Of either, which parcel Of land or re-
al property shall be disconnected from any
other parcel belonging to the same owner OF
owners.
The word sstown," wherever used in this
act, shall be taken and held to mean "clty,
"village," "borough," and every place, how
ever designated, which is laid out into tow
lots.
The words "he," Shin, ,"or "his," wher'
ever 30 used as to refer to female, or tc
more than one person, shall be understood
10 mean "she, . Cher" or "hers," Or "they,
ssthem" or sstheirs," as the sense may re-
quire.
Wherever an oath is required by this ac,
Of any person who has conscientious scru
pies against taking an oath, an affirmation
NAV be substituted in its place; and in all
such cases, the word "oath" shall be held te
mean " affirmation," and the word "swear'
shall be held TO mean ''affirm."
PROPERTY EXEMPT FROM TAXATION.
SEC. 8. All property described in this
section, to the extent herein limited, shall
be exempt from taxation; that is to say;
lst. An buildings occupied or used ex.
.akool bnucoe or a G nIa-