The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1852-04-22


Of these pursuits. after the first day of June. and
do nnt report To The county Auditor. two per cent
Is TO be required on the value ol tlier property
BY the term merchtnt all persons ARE included
who bave on hand property To sell wiIa view IL
profit.
Banks Of circulation are taxed ns beiow:-
SIC 10. II shall be tue duty Of the president
and cashier Of every bank Or b'nking cnnpany
that sllnll have beeu or may hereafter be inc"rro
rated 10y the laws OF this state. and having llIt
right Ia issue bills for circulation ms money. IL
mnke out aud return under "ah. l., the auditor
at the County in which such bank or banking com.
pnny my he situated, in the mnnih Of May,nnnu
ally, written statement containing,
| LIST The average amount of nutrs md hills
discounted or purchased hy such bank ar banking .
company, winch amount shall include a I TN.
''ahs or dlsruuhis 0l such bunk or banking com
r"ny' whether originally made nr rene wed t!nrIn.
'he year aUresuid. or ut any time prev nus:
whether made IN bills ol exchange. notes. bonds
Inori5a@es or any other evidence # indebte ness
NJ tlIelr actual value in mnney. v neither due ple
vI"ns To- during, after the period aforesaid; and
"h WHICH such bnnk or bunking conpany has n,
amy time reserved or received, or is entitled Ia
receive, amy profit, or other consideration what.
ever. either IN The shape o interest, discount, ex
change, or otherwise.
2d' Ihe average amount of all other nniIeys
effects. or dues OF every de cription belongi Ia
such bank or banking com any loaned Invest4d
~ Other wise used or employed with view Ia
profit, o. upon which such bank or banking com
Inhy receives or is entitled To receive interest
Section 81 provides that the president secreta
ry.or principal accounting officer Of every cana
or sackwater navigation company, ni,rua com
pany, turnpike or plankruad company, bridge
company. insura ce company, telegraph com amy
or other j"lnt stock cOmpOny, except banking u,
other corporations whose taxation is specifically
provided for in this act, for whatever rurpose
they may have been crea ted, whether ncnrpnra
ted by nny law oI this State or not. shall list f,l
taxation, at It's actual vans its real aud personal
property, moneys aud credits, within this State. in
manner following:
In all cases return shall be made to the several
auditors Of the respective counties where such
property may be situnted together with srnte
ment ol the amount of said property which is situ
ated in each township, blown city or ward therein
The value of all moveable property shall be
added to the stationary aud fixed property aud
real estate, and apportioned to such wards. towns
cll' es. aud townships, pro rota, in prupu ton Ia
The value OF the real estate and fixed property in
SAID ward, town. city or township,
And all property so listed, shall be subject to
aud pay the same taxes as other property listed iu
such ward. town, city or township
The law provides for Township and District
Assessors The latter are elected by the ole
every six years. far this purpose the Commission
erS dividing the county into four divisions Rea
Estn'e is /" be appraised by the latter every six
years.
The law also provides for County and State
Boards Of Equalization and unnual county Boards
of Equalization.
The duties Of these persons aud bodies are made
to conform to the provisions of,he new law.
We believe we have noticed all the material
alterations 1t will be noticed particularly Tia,
the exemptions Of the old law To great extent
ARE abolished and each individual is required n
list all his property deluclng the 5000. The
provision in relation To banks is very stringent
Whether Me larry will re issue his tax killer
or not, is not yet knowu; Int we wish Ia remind
The reader that the Luc f,co Legislature taxes
bee hives. side-saddles, finger rings aud va"inus
ihln.s nF that sort. Ii will no doubt be amnsin
t. read some documents upon these points, aud
we may re publish few.
In our abstract. after a very hasty rendne crthe
law. We mly have omitted some important pto
visions; II 81. we will notice them hereafter Tnr
provisions III relation 10 real estate arr, not Of i'm
me'lIn'e Importance. aud we will refer tn them
again.