Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1852-04-30
LlWS OF OHIO.
PubIIsAsd By AGtAsrity.
AN ACT

80 AN ACT
Fon ruE ASSESSMENT AND TAXATION OF ALL rRor.
cary IN rnis STATE, AND FOK EEvYINs TAXES
rHEasoN ACCORDING TO ITS rEuE VALUE IN
MONEY.
Sec. 1. Be il enacted by The General Assem-
bIy Of .he State Of Ohio, That all property.
vhelher real or personal, in this state, all mon
avs. credits, investments in bonds, s.o:ks, joint
Eock companies, or otherwise, Of persons resi-
ding therein; the properly Of corporations now
existing or hereafter created, and the property
Of banks, OF bsnking companies, nov exist
ing, or hereafter created, and Of ali bankers,
except such'as is hereinafter expressly exempt
ed, shalt be subject TO Iaxa.ioni and such prop.
er,y, moneys, credits. investments 10 bonds,
SOCKS, ilinl stock companieCor Otherwise, or
the value thereof, shall be entered on the list Of
taxable properly, for that purpose, 10 the man
ner prescribed by this act.
DEFINITIONS.
See. 2. The terms "real property" and
";and," wher, yer used in this act, shall be held
10 mean and include not only The land lIseli,
whether laid out 10 town lois OF otherwise,
with all things contained therein, but also, all
buildings, structures and improvements, trees
and other fixtures of whatsoever kind thereon.
and all rights and privileges belonging, or 10
auywise apperaining thereto. The term ''in.
yes,ments ia bonds" whenever used 10 this act,
shall be held 10 mean and include all moneys
invested in bonds, OF whatsoever kind, whether
issued by incorporated or unincorPOraIed CON-
panies, towns, clies, townships, counties, states,
or other corporations, or by The United States,
held BY persons residing 10 this state, whether
for themselves or as guardians. trustees or
agents, on which the holder thereof is receiving
or entitled to receive interest The term "ln'
yestmenls 10 Stocks" wherever used In this
aci, shall be held to mean and include all mon'
eys invested 10 the public STICKS OF this or any
other STATE, or OF the UniIed States, or in any as
socaton, corporation, joint stock company or
Otherwise, the stock or capital Of which IS or
nav be divided iuIo shares, which are trans.
CeFabe by each owner, without the consent OF
,he other partners or stockholders, for the taxa.
uon 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 "oalh," wherever used
in this act, shall be held TO mean oath or atfr'
nation. Every word in this acI importing the
masculine gender, may extend and be applied 10
females as we'll as males. The term "person'
81 proper.y," whsever used in this acI, shall be
held 70 mean and include,
lsl. Every tangible thing being the subject OF
ownership, whether animate or lnanimaIe, other
lhan money, and not forming part Of any par
eel of real property, as 'hereinbeitTe defined.
81. The capital stock, undivided profits, and
oil olher means, not forming pars oil The capital
stock Of every company, whether Incorporated
or unlncorpora.ed, and every share, portion or
in,eres. ia such stock, profits or means, by
whatsoever name The same may be designated,
inclusive of every share or portion, right or in.
teresl, either legal or equitable, in and 10 every
shin, vessel or boat, OF whatsoever name or
description, used or designed TO be used either
exclusively or partially. in navigating any oI
the waters within or bordering on this state,
whether such ship, vessel or boat, shall be
wi,hin the jurisdiction of this state or elsewhere,
and whether the same shall have been enrolled,
registered or licensed at any collectors office,
or within any collection distrIc. 10 this Stale OF
not, The term money" or "mcneys," wher.
ever used 10 this act, shall be held 10 mean and
include gold and silver coin, and bank notes
in actual possession, and every deposit which
the psrson owning, holding in trust or having
the beneficial interest therein, is entitled 20
withdraw 10 money, on demand. The term
"cvedits," wherever used in this ACT, shall be
held 20 mean and include every claim or de-
mand for money, labor or other valuable thing
due or 10 become due, including book accounts
and every annuity or sum Of money receva'
BILE .. stated periods, and all money invested in
property Of any kind which is secured by deed
mortgage or Otherwise, which the person hold
ing such deed or mortgage or evidence OF CLAIM
is bound by any lease, contract OF agreement
80 Isconvey. release or assign, upon the pay
nens ofany specific sum OF sums; Provided
shaI pensions receivable from the United States
OF from any Of them, salaries or payments 81
pec.ed 10 be received for labor or services 10 b
performed or rendered, shall not be held 10 b
,annui.ies within The meaning oI this act.
PROPERTY EXEMPT FROM TAXATION
Sec. 8. All property described in this Sec,ioI
10 The extent herein limited, shall be ex
emp. from taxalion, that is to say:
Isl. All public school houses, and house
used exclusively for public worship, the book
and furniture therein, and the grounds atache
10 such building necessary for the proper occu
.paucy, use and enjoyment Of the same, an
Ios leased, or otherwise used with q view t
profit. AL colleges, academies; all endow
menls made for their supPorI all buildings con
necIed wi.h the same, and all lands cOnnecte
with institutions Of learning, not used with
view TO profit This provision shall not ex.en
10 leasehold estates, Of real properly held unde
Ihe authority Of any college or university Q
learning of Ibis state.
I'd. All lands used exclusively as grave yards
OF gfounds (or burying The dead. except sue
as are held by any person OF persons, compa
ny or corporation, with view TO profit OF fc
.he purpose Of speculation in the sale Ihereof.
Sd. All properly, whether real or persons
belonging exclusively TO this stale, or the Un
ted States. s.s ..y4.za4 ...
4,h. All buildings belonging 70 counties, use