The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1852-04-21

ithe capital stock Of every company, wheth.
er incorporated or unincorporated, and
every share, portion or interest in such
stock, profits or means, by whatsoever
name the same may be designated, inclu.
sive. of epory share or portion, right or in.
terest, either legal or equitable, in and to
every ship. vessel or boat, of whatsoever
name or description, used or designed TO
| be used either exclusively or partially, in
navigating any of the waters within or
bordering OH this state. whether such ship,
vessel or boat, shall be within the jurisdic.
ton of this state or elsewhere, and whether
the same shall have been enrolled, regis
tered or licensed at any collectors Office,
or within any collection dsctrict in this
state or not. The term 'money," or
moneys" wherever used in this act shall
be held to mean and include gold and sill
yer coin. and bank notes in actual posses
sion. and every deposit which the person
owning, holding in trust or having the ben
efcial therein, is entitled TO withdraw in
money, on demand. The term "crediis,"
wherever used in this act. shall be held 10
mean and include every claim or demand
for money, labor or other valuable thing
due or to become due. 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, mortgage or
otherwise. which the person holding such
deed or mortgage or evidence of claim, is
bound by any lease, contract or agreement
to reconvey. release or assign. upon The
payment OF any specific sum or sums;
Provided, that pensions receivable from
the United States, or from any of them,
salaries or payments expected to he re-
ceived for labor or services to be perform
ed or rendered. shall not be held TO be an
nuities within the meaning of this act.
PROPERTY EXEMPT FROM TAXATION.
Sec. 3. All property described in this
section, TO the extent herein limited, shall
be exempt from taxation. that is to say:
lst. All public school houses, and houses
used exclusively for public worship. the
books and furniture therein. and the
grounds attached 10 such building neces.
sary for the proper occupancy, use and
enjoyment of the same, and not leased, or
otherwise used with view to profit. All
colleges, academies; all endowments made
for their support; all buildings connected
with the same, and all lands connected
with institutions of learning, not used with
view to profit. This provision shall not
extend to easehold estates, of real prop
erty held under the authority of any col
lege or university Of learning of this state.
Cd. All lands used exclusively as grave
yards, or grounds for burying the dead,
except such as are held by any person or
persons, company or corporation, with
view TO profit or for the purpose Of specu-
ation in the sale thereof.
Sd. All property, whether real or per-
sonal, belonging exclusively to this State,
or the United States.
4,h All buildings oelongingto to counties,
used for holding courts, Tor jals, or for
county officer, with the ground, not ex-
ceeding in any county ten acres, on which
such buildings are erected
5th. All lands, houses and other build.
ings belonging to any county, township or
town. used exclusively for the aeeommo-
dation or support Of the poor.
9th. All buildings belonging TO instu.
tons Of purely public charity, together
with the land actually occupied by such
institutions not leased or otherwise used
with view TO profit: and all moneys and
credits appropriated solely 10 sustaining
and belonging exclusively TO such insti,u.
tons.
7lh. All fire engines and other imple-
ments used for the ex'inguishment of fires,
with the buildings used exclusively for the
safe keeping thereof, and for the meetings
Of fire companies whether belonging TO
any town. or to any fire company organ
lied therein.
9th, Allmarket houses, squares, or other
public grounds, Town or township houses
or halls, used exclusively for public pur.
poses. and all works, machinery and fix.
lures belonging to any town, and used ex.
clusvely for conveying water to such
town.
9th. Each individual in this state, shall
be allowed to hold, exempt from taxation,
personal property Of any description, not
exceeding in value two hundred dollars.
No person shall be required to list great
er portion of any credits than he believes
will be received, or can be collected; nor
any greater portion ofany obligation given
to secure the payment of rent than the
amount ofthat shall have accrued on the
lease. and shall remain unpaid at the time
of such listing. No person shall be re-
quired to include in his statement as a
part Of the personal property, moneys,
credits, investments in bonds, stocks. joint
stock companies, or otherwise, which he
is required to list, any share Or portion of
the capital stock or property, of any com.
pany or corporation which is required to
list or return its capital and property for
taxation in this state. The taxes upon
banks. banking companies, and all other
| ioint otoclf comnanias or oornoration, IF