The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1848-03-10

shall be deposited with the Auditor Of
the county; and the County Auditor shall
add to. or deduct from the value Of any
tract, lot, or parcel Of real property, or Of
any district, township or town, such sum
per cent. as shall have been ordered by or
the board of equalization.
SIC. A.. That all credits Of any person,
company or firm. FOR property sold, work
done, or services rendered, shall be list
cd and taxed as other credits, subject to
taxation by the "Ac: for levying taxes
on all properly 10 this Stale according to
its true value" Progided hOweUcr, that
book accounts. 10 al amount not exceed
ing two hundred dollars, shall be exempt
from taxation, and liquidaied credits, To
an amount not exceeding one hundred
dollars. shall also be exempt fom taxa
ton. This section shall not take effect
until January first, eighteen hundred and
forty y-Dihc.
SEC. S. That when any person shall
commence merchandising in any county,
afterthe first day of March, aud the av-
erage value of whose personal property
employed in merchandising shall not be
entered on the assessors list fur taxation,
such person shall report under oath to
the Auditor of such county. the prOba-
ble amount Of the average value of the
personal property by him intended to be
employedin merchandising until the first
of March thereafter. and shall pay into
the Treasury sum which shall bear the
same proportion to the levy for all pur-
poses on the average value so employed.
asthe time from the day on which be shall
commence merchandising as aforesaid.
TO the first day of March next succeed
ing. shall bear to one year.
SEC. 6. The Auditor 10 each county in
this State shall, if he deem it necessary,
have the power TO appoint competent
person in his county, to notify all such
persons who shall commence merchan.
dizing after the first day Of March, ard
the'average value of whose personalprop-
perty employed in merchandising. shall
not be entered on the assessors list for
taxation, to report themselves to the
County Auditor for the purposes contem-
plated by the preceding section, and such
person so appointed shall receive such
compensation as the Auditor shall direct,
subject to the approval of the County
Commissioners.
SEC. Z. That if any person shall COM
mence merchandising as aforesaid, and
shall not within one month thereafter, re-
port to the County Auditor the amour. Of
his capital, and make payment to the
County Treasurer, as required in section
FIVE, he shall forfeit and pay the sum Of
two per cent on the value Of the person
al property by him employed in merchan
dizing, to be ascertained as near as may
be, by the testimony of Witnesses, and re-
covered by an action of debtin the name Of
County Treasurer, for,he use of the coun-
ty before any justice Of the peace or court
having jurisdiction thereof.
SEC. s. That the provisions of the
twenty-sixth section Of the act passed
FebruaryS lS47. to amend the "act fol
levying taxes on all property in thii
State according to its true value" shal
extend to and include all leases for mort
than fourteen years, and to all lease
which provide in any manner for re-
newal or continuance of the same be
yond the term Of fourteen years. Provi
ded that the person entitled TO receive
such rents not owning the ground in fee
may file statement upon oath with the
County Auditor on or before the frs
Monday in June. stating the amount o
rents which he is bound to ply upon the
same tract of land or lot upon which he
is entitled to receive the rents returned
by the Assessor, and the County Audito
shall deduct from the sum returned b,
the Assessor, a sum equal to the princi
pal of such rents at the rate of six pc
cent. and shall place the balance upol
the duplicate for taxation.
Sec. 9. That previous to the fifteenth
day of October in each year, the Treas
urers of the several counties shall be re
quired to attend one day at the place O
holding election in each townshipin in thei
respective counties, for the purpose o
receiving taxes; unless the commission
ers of any county shall order otherwise
SEC. 10. All city and town corpora
2 tions shall have power annually to de
3 terme on the amount to be raised for an,
, purpose, for which such city or town cor
, poration, in its chapter, or by any specla
, law, shall be authorized to assess a Ia,
S aud certify the same to the county audi
! tor; every such city or town corporation
! shall specify upon its records the amoun
: required for each purpose and it shall nc
+. be lawful to use such specific funds fu
. any other purpose than the ono for whic
/ the same was specially levied; Provide
e however, that the aggregate amount le'
i led by any city or town corporation t,
!: any year. shall not exceed tax of fi'
mills ON the dollar of the taxable prope
. ty in such Incorporated town or city. III
n less in such incorporated town there sha
be less than one hundred thousand do
lars in value of property entered uPo
v the duplicate for taxation, in which cas-
d the tax shall not exceed eight mills O
IS the dollar; and provided further that sue
v Limitations shall not extend to special dl'
!. eliminating taxes which city or town col
!. porations are authorized 20 lay: Prov
"a ded further that the limitations and pow
NJ ers of this section shall not extend
d city and town corporations whose pow
IS ers have been regulated as to taxa,io
:. .;,o, tho nossnoe ,,f the fax law of Marc