Fremont weekly freeman. [volume] (Fremont, Sandusky County, Ohio) 1850-1853, 1852-04-24
LAWS OF OHIO.
IBx AUTHoRITY.J
No. sa1 AN ACT

mo. 80 AN All
For the assessment and taxation O
all property in this State, and fo
levying taxes thereon according tC
its true value in money.
Sec. l. Be Il enacted By the Genera
Assembly of the Slate Of Ohio, Tha
all property, whether real or personal
in this state, all moneys, credits, invest
ments in bonds, stocks, joint stock com
banies, or otherwise,of persons residing
therein, the properly of corporations
now existing or, hereafter Gre
hted, and the property ofall banks ol
banking companies now existing, OF
hereafter created. and all bankers, ex-
eept such as is hereinafter expressly
exempted. shall be subject to taxation
and such property moneys, credits, in'
vestments in bonds, stoc&s, joint stock
companies or otherwise, or the
value thereof, shall be entered
on the list oftaxable property. for that
purpose, in the manner prescribed by
this act.
DEFINITIONS.
Sec 2. The terms real property
and land, wherever used in this act,
shall be he'd to mean and not only IN
clude the land itself, whether laid out
in town lots or otherwise. with all things
contained therein, but also, all BALD
ipos structures and improvements
trees and other fixtures of whatsoever
kind thereon, and all rights and priv
ileges belonging, or in anywise apper-
tanning thereto. The term investments
in bonds, whenever used in this act
shall be held to mean and include all
moneys invested in bonds. of what
.soeVer kind, whether issued by incor-
porated or unineorporated companies,
towns, cities, townships, counties,
states, or other corporations or by the
u. s. held by persons residing in this
state, whether for themselves or as
guardians trustees or agents, on which
the holder thereof is receiving or entl-
tied to receive interest The term in
Sestments IN stocks, wherever used in
this act, shall be held to mean and IN
clude all moneys invested in the public
stocks of this or anyother state,or of the
United States, OR in any association,
corporation joint stock company or 9TH
erwise. the stock or capital of which
is or may be divided into shares, which
are transferable By each owner, with
out the consent of the other partners or
stockholders, for the taxation of which
NO special provision is made by this act,
held by persons residing in this state,
either for themselves, or as guardians
trustees or agents. The term oath,
wherever used in this act, shall be
held 10 mean oath or affirmation. Ev-
cry word in this act importing the mas
culine gender, may extend and be ap-
piled to females as well males
The term personal property. wherever
used in this act, shall be held to mean
and include,
Ist Every tangible thing being
Vhe subject of ownership, whether ami.
mate or inanimate, other than money
and not forming part ct any parcel of
real property as hereinbefore defined.
I'd. The capital stock, undivided
jDrofts. and all other means not forming
part of the capital stock of every COM
pany, whether Incorporated or unincor-
fJorased, and every share portion or
Interest in such stock. profits or means
by whatsoever name the same may be
designated, inclusive of every share or
portion, right OF interest, either legal
or equitable, IN and to every ship, yes
sci or boat. of whatsoever name and
description, used or designed to be
used either exclusively or partially in
navigating any Of the waters within or
bordering on this state, whether such
ship, vessel or boat, shall be within the
.iurisdiction of this state or elsewhere,
and whether the same shall have been
enrolled, registered or licensed at any
collectors Office, or within any collection
district in this state or not. The term
money, or moneys, wherever used in
this act shall be held to mean andinclude
,oold and silver coin. and bank notes In ac-
tual possession, and every deposit which
the person owning, holding in trust or
having the beneficial interest kerein,t tbs
entitled TO withdraw in money on de-
unand. The term credits, wherever
used in this act, shall be held to mean.
and include every claim or demand for
money, labor or other valuble thing
due or to become Cue, including book
accounts, and every annuity or sum of
money receivable at stated periods, and
all money invested in property of any
kind which is secured By deed, mort
gage or otherwise, which the person
holding suck deed or mortgage or evil
dence ofelaim, is bound by any lease
contract or agreement to reconvey, re-
lease or assign, upon the payment of
any specific sum or sums, Provided,
that pensions receivable from the Uni
ted States, or from any of them, salar-
les or payments expected to be received
for labor or services to be performed
or rendered. shall not be hel6 to be
annuit;es within the meaning of this
act.
PROPERTY EXEMPT FROM
TAXATION.
Sec 8. All property described in
this section to the extent herein limited
shall be exempt from taxation that is
10 say:
LIST. An public school houses, and
houses used exclusively for public wor-
ship, the books and furniture therein,
and the grounds attached to such bull
ding necessary for the proper occu-
pancy, use. and enjoyment of the same
and not leased or otherwise used with