Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1846-04-17

N'"iol az tCtro y FtVuHcds uul the aggre-
gate value must be made mp, and sworn 10
by the person making the statement.
BANKS AND INCORPORATED COMPA-
MES.
Tn tenth section prescribes the manner
in which railroad, canal, slackwatsr nav
igation, bridge and turnpike companies
are TO list the stock Of such companies,
paid in by individuals.
If the stock is below par, it viii be so
listed; and il above par, the true value OF
the stock, in money, must be statrd by he
proper accounting ofIicsro Of the company.
whose duty il is to make the statement re-
quired.
The siXtieth section points out the man.
nerin which banking companies, and 9TH
er joint stock companies, including stage
companies, must Est their stock, personal
property. moneys and credits if not ty
thciy charter exempted fiom taxation, or
not subject to some other as the exclusive
mode Of taxation. The stocks, moneys
and credits of the companies named in the
siXtipih section are TO be listed by the prop
or accounting officer Of the company, in
the same manner that the property ofEat-
uraI persons is required 70 be listed. The
assessor will leave with the proper officer
Of such company, the Necessary notice and
blank statement.
The stocks Of companies mentioned in
the tWo sections above referred to, Will be
included in the ninth item, and their 9TH
er property, moneys and credits, in the
appropriate item of the statement
MERCHANTS STOCK.
The property 70 be included in the otate-
mpnt as merchants stock, includes much
more than is susuaIy comprehendee in the
term "merchandise." The 18th section
defines the person who shall be held to be
amerchant, and wha; property is to be lis
ted as merchants stock, and prescribes
the rule for estimating the average value
thereof.
Under ,dis head is included the stock Of
all persons who purchase and sell goods,
groceries, provisions, lumber pork -four,
drugs, &c, or who trade or deal in horses,
cattle, sheep, wheat, &c. &c; in short, all
who come under the general terms OF mer-
chant or trader.
Commission merchAn'f and consignees,
who receive property ior sale from places
out Of this State, or not the product of
this State, must include the average value
ol such properly in their statements; and
all property in which such commission
merchant or consgnee has an interest, e.
ven it not held for sale, is properly sub
ject to taxation, aud must be included in
his statement
In estimating the value Of the property
appertaining to the business OF a merchant
which he is required to list, the average
snail be made up by taking the amount in
value on hand, as nearly as may be, in
each month OF the next preceding year in
which he has been engaged in business,
adding together such amounts and divi"
ding the aggregate amount thereof by the
number OF months he has been in business
during the preceding years thus, it he had
been in business for year, he would add
up the amount on hand in each month,
and divide the sum by twelve, if he had
been in business nine months, he would
add the amount of each OF the nine months,
and divide by nine, which would give the
sum to be listed.
MANUFACTURERS STOCK.
Under the term manufacturer" is in
cuded all persons who manufacture arli-
cles of wool, cotton, hemp, iron, copper,
lead, wood, leather, &c. &C., and owners
Of iorges, foundries, Touring mills, oil
mills, paper mills, saw mills, factories,
breweries, distilleries, tanneries, &c. &c.
pork and beef packers, merchant taiIors,
&c. &c,
The property to beleturned in the state
ment of manufacturers stock, includes
all property purchased, received, or other
wise held lor the purpose of adding to the
value thereof, by these and similar branch
es Of business, or by any process of refn-
ing, rectfying, or manufacturing.
The average value of manufacturers
stock is to be estimated by the same critic
rion thai is given for estimating the aver
age value of merchants stock. But in de-
termning the average value Of a manu-
f,rtnrar,y .tnct ,,,,I,,o g ,,rtf,l,n