The Portsmouth inquirer. [volume] (Portsmouth, O. [Ohio]) 1849-1855, 1851-04-21

thereof. SecoHdly--Ths uumber Of neat
cattle over two years old, and the value
thereof. Thnd--The number Of mules and
assrs over one year and half old, and the /
value thereof. Foufth--The number Of
sheep over six months old, and the value
thereof. Fiith--The number Of hogs over
six months old, and the value thereof; and
the first day Of June, Of the year when the I
statr nient is made, shall BE- taken as the
time TO which the ages of all animals cub
ject 10 taxation shall refer. Sixth--Eyery
ptpasuie carriage, of whatsoever kind, and
the value thereof. Srventh--Every gold or
silveriwatch and the value thereof. Eighth
--eytry pisno forte, and the value thereof.
krogided, that If such p p'rsun shail exhibit
% ma ASSESSOR the pnimals or other articles
a personal property above emu lnrrated, the
he Of such property'so exhibited may be
|omlttetli1 such state ment. and the assessor
shall, in such case. determine their value
without requiring the oath Of the person
making such statement, as to the value
thereof; and such person shall, in that case,
be required only to make oath or affirmation
to the value Of The remainder Of the per
sonal property, which he is required TO list:
Ninth-The value Of the goods and mer-
chsndize which such person is required to
list as merchant. Tenih-The value OF
the materials and manufactured articles
which such person is required to list as d
manufacturer Eleventh--The value of
moneys aud credits required TO be listed, in
cluding all book accounts, when the aggre
gate of such book accounts exceeds Two
hundred dollars; and, Twelfth-The total
value of all other articles of pr rsonal ploprr-
ty which such personis BY this act require |
10 list. ,i.a s d,
SEC. 8. No person shall be required to
list or insert in his statement. any property,
or the value Of any personal property, which
by the third section Of this act is specifical-
ly exempt from taxation. If there be no
persnnat property or moneys or credits,
which the person to whom the assessor shall
deliver notice to make out statement ol
property for taxation, is BY this act required
TO list on his own account, or on account ol
others, be shall set forth such fact as the case
may require, on The blank ststemrnt, and
shall attest the same BY his oath or affifma
ton.
hohIo TUX FALUlNG fhOrEhIf,
SEC. 10. Each separate tract or lot o
real property shall be valued at its true
, value in monry, excluding the value o.
crops growing thereon, but the price
for which such real property would sri
, at auction, or at forced sale, shal
not be taken as the criterion of sucl
, true value. Each tract and lot Of real prop
erty belonging to the State, or to any reti
gous, Literary, scientific or benevolent soci
: ETY., or institution, whe ther Incorporate
! or incorporated, and school and minister's
= lands, held under lease, shall be valued .
i such price as the asssssor believes could b
: obtainrdat private sale Tor such leas hold es
u tale, upon the tesfms of sale above specified
, Personal property of every description shd-
p be valued at the usual selling price Of sim
y lar property at the time OF listing, and d
y the place where the same may then be; an
. il thee be no usual selling price known {
!; the person, whose duty il shall be to fix
J. value thereon, then at such price as il
;; believed could BE- obsinrd therefor, in mi
q ney, al such tim- and place. Money, whe.l
u erin possession or on deposit, shall be enisrr
y in the statement at the iull amount thereo
q Provided, that depTeciated hank notes sha
'l be entePdat th'ir current value. Ever
'i credit for sum certain, payable either
L money, property Of any kind, labor or Sc
le vices, shall be assessed at the full value
,1 the sum so payable; or for specific articl
:, or for "a specified number, or quantity
Oh any arliclr, or rarticles OF property, or foI
d certain amount of labor or services of al
~ kind il shall be valued at the current pri,
IL Of such property, or Of such labor or ser,
IN CTS, at the place where payable. Annuitie
n, and moneys receivable at stated period
40 shall be valued al the price which the pr
u son listing the same believes them TO
n, worth in money. All manuldc cIured article
ch remaining unsold in the hands Of any IN
y, chanic By whom they shall have been mad
es shall be valued so much as the materis
n, entering into their composition shall ha
ed cost such mechanic. f 'ei.
"a Sec. IL. Personal properly Of eve
en- desl lription. other than that Of mrrchar
p- and manufacturers shall be listed as the pro
sr- erty OF the person who shall be the OWL
N thereof, if a resident OF the county wht
ny the sa,IIe shall be, and il not, ut the pers
N having possession or charge thereof, at
time wh.n the same shall be listed, and
u value TO be attached. thereto, shall be
TAT value thereof al such time. aoa atf#
or OF DEDUCTIONS FROM MONEYS AND CREDITS.
,c- SEC, 10. In making up the amount ofmon
he and credits which any person is required to
ell for himself, or any other person, company
IN corporation, he shall be EMIT ed to deduct Fl
IN the gross amount of moneys and credits
a.. amount Of all bona fde debts owing by 81
~ person, companyor corporation, to any OF
"A person, company or corporation; but no
~ knowledgment Of indebtedness, not founded
~ actual consideration, believed, when receiv
W to have been adequate, and no such ackno
ess edgment made for the purpose of being so
pe Quoted, shall be considered debt within
ch meaning Of this section; and so much only
,c,. any Liability as surety for others, shall be
for Quoted, as The person making out the staten
sfs believes the surety is legally or equitably Boz
ne 70 pay, and SO much only as he believes s
u surety will be c5;.;rre rrelled 70 pay, on account
;n the inability or insolvency otthe principal q
'is ori and If there are other spseIles who are Q
r' to contribute, then only SO much as the SuIet
~ whose behalf the statement is made. will
uu- bound to contribute, and no person, compan
Dy corporation snail be entitled to any deduc
;es; on account Of any bond, note or obligation
ied any kind given to- any mutual insurance con
ase ny; nor on accounted any unpaid subscrip
IT, TO any rehgi0as, literary. scientific or cllart
or institution eor society nor on account OF
mr. subscription TO, or insta lment payable on
~ capital stock of any company, whether inco
~ Taled or pnlnc0rp0rat s1nla 1y A tlfiS
nj rfornt