Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1852-04-19

as1StasHeht payable on The capital STOCK oil
my company, whether incorporated Or un
incorporated.
" Listing and Halmng the Property Of
Merchants and Many acturers, and Of
Bankers, Exchange Brokers. and Stock
Jobbers. &c.
Sec. ~. Every person that shall own,
or hnse in his possession, or subject TO his
control, any personal property within this
state, with authority 10 sen The same, which
shall have been purchased either in or oui
as this slate, with view TO being sold at IN
ndvanced price, or profit. or which shull
have been consigned 10 him. from any
place oal of this state. for the purpose Of
being sold at any place within this state,
shall be held 10 be merchant; and, when
he shall be by this act required 10 make
oBtsand deliver to fhe assessor a statement
Of his ether personal property, he shall
stale the value Of such property appertain.
isg 10 his business MS mercharE and in
estimating the value thereof, he shall take
as .he criterion. the average value OF oil
such articles Of personal property which he
shall haye had from time to time in his pos.
session, or under his control, during the
year next previous to the time OF making
such statement, if so long he shall have
been engaged in business, and if not, then
during such time as he shall have been so
engaged, and the ayerage shall be mnde
np by taking the amount in value on hand,
as nearly as may be. in each month OF the
next preceding year in which the person
making such statement shall have been en-
gagged in business, adding together such
amounts, and dividing the aggregate amount
thereof BY the number of months that the
person making the statement may have
been in business during the preceding year;
Provided, that no consiguee shall be requir-
ed 10 lisi for taxation tie value of any
property, the product OF this state, which
shall have been consigned 10 him, for sale
ar otherwise, from any place within the
slate, Nor the value Of any property con.
signed 70 him from any other place for the
sals purpose of being stored, orforwarded;
Prosided, he shall, in either case, have no
interes, in such properly, or any profit to
be derived from its sale; and the word .sper-
SOM, as used in this and the succeeding
sections, shall be held to mean and include,
esifrm. scompany,na and corporation"
SEC. I3. Every person who shall purchase,
rsceiyeo or hold perso lal properly of any des-
cription, for the purpose of adding to the val
ue thereof, by any process of manufacturing,
refining, rectfying, or by the combination of
different materials, with a view of making
gain or profit bys doing, shall be held to be
manufacturer; and he shall, when he is re-
qairedto make and deliver to the assessor
statement Of the amount of his other personal
pr opeity subject to taxation, also include in
his statement the average value estimated, as
provided 10 the preceding section, Of all arti-
cles purchased, received, or otherwise held,
for the purpose Of being used in whole, or in
part, 10 any process or operation of manufac
turing C nbiuing, rectify ing, or refining, which
from time TO time he shall have had on hand
during the year next preyiens 10 the time of
making such statement, il so long he shall
have been engaged in such m m,nufacturing
bu-iless, aud if not, then during the time he
shall have been SO engaged.
SEc. Ia. Every person owning manufac
turing establishment of any kind, and every
nj lnufac.u .urer, shqll list a part of his manu-
facturer's stock, the yaIue Of all engines and
machinery, Of every description, used, or de-
slgusd to be used, IN any process of refining or
manufacturing. fexcept such fixtures as shall
have been considered as part of any parcel or
p.rceIs Of real property,) including all tools
and iiniilemenfs of every kind used, or design
edstoi bs nsed f,r the aforesaid purposes.
SIC. Is. Every person who shaH have
m ,ney employed 10 the business of dealing in
cyill, ties. or bills of exchange, or in the bu-
Finess of dealing in, or buying, or shaving any
kind Of bil's Of exehange, checks, drafts, bank
n.tes, pyomisserg notes, bonds or other wri-
ting obligatory, br stocks of any kind or des-
csipiiori whatsoever, shall be held TO be bank
er,, broker. or STICK jobber, and he shall, hen
be is required TO make out and deliver to the
assessor u statement of the amount or value of
lisptiler pc: sonai property subject to taxation.
also include in his statement the average VAL
ne estimated, as provided in the twelfth Sec
tion Of this aef, of all moneys, notes, bills of
exchange, bonds. stocks, orother property ap-
pertaining to his business as a banker, broker,
or stock jobber, which he,shall have had from
time 10 time in his possession or under his
control during the year next previous to the
fime Of making such statement, if SO long he
shal have been engagedin such business, and
If not. thea during the time he shall have been
no engaged.
e SEC. I6. That when any person shall conn
n.ence merchandising in any county after the
first day of June, Ia any year, the average
Taiu0ef whose personal properly employed
in matchmaking shall not have been previ-
eusly entered on the assessors list for taxa
alton, IN said county, such person shall report
to The auditor Of the county, the probable av-
erags value Of the personal property by him
Intended to be employed in merchandising
until the first day of May thereafter, and shall
pay into the treasury Of such county, sum
Mfl Oh shall bear the same proportion to the
levy for aH purposes. on the average value SO
employed, as the time from the day on which
he slia II commence merchandising as afore-
sail, to the first of May next succeeding,
shall bear to one year; Provided, that if the
person so listing his merchants capital shall
present bona6de receipt from the treasurer
of any county, in which such merchants cap
itaI had been previously listed and taxed, for
the amount of the taxes assessed and by him
pail on the same capital for the same year,
then and in that lse it shall be a receipt from
payirg taxes again on such capital.
SEc. II. That when any person shall COM
mencs or engage in the business of dealing in
stocks of any description. or in buying or sha-
wing any kind OF bills Of exchange. checks,
drafts, bank notes, promissory notes, or other
4 -. Az