Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1846-03-25
Gaws Of Ohio.
Kslley's Tax Law.

property .lhtnls otos0
Sc. /. BE Il enaeted BY The Gsaeral
Assemble offs State Of Ohio. That all
nr;onerty. whether real or personal, with
Ia thfs State, and the moneys and credits
Of persons residing therein, except such
as .is hereinafter expressly exempted,
shall be subject to taxation; and such
property, mooeys and credits, or the
value thereof shall be entered on the
lists of taxable property for that purpose
in the manner prescribed BY this act.
DEFINITIONS.
SEC. Q. The terms "real property
and s.Iand - wherever used In this act
shall be. heldto mean and include not
only tho land itself, whether laid out in
town lots or otherwise, with all things
Contained therein, but also all buildings.
structures and improvements, trees, and
other fixtures Of whatsoever kind there
on, and all rights and privileges belongs
ing or in any wise appertaining thereto,
including all stoves in any building be-
longing 10 the owner Of such building
and used instead Of 6replaces.
The term "personal property, when:
sver used in this act, shall be held to
mean and include
Z 1st. Every tangible thing, being the
subject of ownership, whether animate
or inanimate, other than money, and not
forming part Of any parcel Of reals prop
erty, as herein before defined.
I'd. The capital stock, undivided pro-
fits, and all other means, not forming
part Of the capital stock. Of every com>
pany, whether incorporated or unincor-
porated, and every share. portion, or in
tsrsst, in such stock Profits, or means,
by whatsoever name the same may be
designated, inclusive of every share OF
portion, right or interest, either legal OF
equitable, in and to every ship. vessel
or boat, of whatsoever name or descrip'
tion, used. or designed to bo used either
exclusively or partially, in navigating
any of the waters within or bordering on
this State. whether such ship, vessel or
boat. shalt be within the jurisdiction of
this State or elsewhere, and whether the
same shall have been enrolled, register
I'd, or licensed, at any colleetors's Office
or within any collection district in this
State, or not. ..f.r ..sG rea. .,
The term "money" or ''moneys, 4"
wherever used in this act, shall be held
to mean and include gold and silver coin,
and bank notes, in actual possession;
and every deposit, which the person,
owning. holding in trust, or having the
beneficial interest therein. is entitled to
wi thdraw, Ia money, on demand.
The term 'credits. wherever used in
this act, shall lie held to mean and in
clude every claim or demand for money,
labor, or other usble thing, due or Ia
become due; and every annuity or sum o
money, receivable at stated periods: and
all money invested 10 property ofany
kind which is secured by deed, or other
wise. which the person holding, tuch
deed mortgage. or evidence Of claim, is
bound by any lease, contract or agrees
ment, to reconvey, release or assign,
upon the payment of any specified sum
or sums, ,gproyided that pensions receiy>
able 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, property sold, work done,
or services rendered having no connect
ion with the loaning Of money when the
credit given is for time not exceeding
six months, and when there shall have
been no agreement or understanding for
a continuance Of credit beyond SIX
months, shall not be considered credits
subject TO taxation. ~ "
The terms separate parcel Of real
property" and separate parcel of
iand," wherever used in this act. shall
be held to mean any contiguous quantity
or parcel Of land belonging to the same
owner Or owners, whether comprised in
one or in more than one section, tract,
lot. or other survey, or subdivision OF
either, which parcel of land or real
property shall be disconnected from any
other pafcels belonging to the same
owner Ora0wners. - eEa.
The word ssstowa" wherever used In
this act, tstfaIi be taken and held to mean
'.city," village" borough. and
every place, however designated, which
is laid out into town lots. 5r sg
The words ',he," s'him." or "his,
wherever 30 used as to refer to a
female,a or to more than one person.
shall be understood to mean .sshe, I"
'.her, y Or .'hers, or ''they," "them,'" .
or "theirs," as the sense may require.
Whersyef an oath is required by this
act Of any person who has console ntious
scruPlos against taking an oath, an
affirmation may be substituted in lis
place; and in all such cases, the word
'soaih" shall be held to mean "affirm
tion," and the word "swear," shall be
held TO mean ''affirm." ess
PROPERTY EXEMPT FROM TAXATION.
Sec, 5, All property. described in this
~ = -. A Il