Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1852-04-29

Sec. u. mat Wnen any person sndh Cum
mence or engage in the business of dealing II
stocks Of any description, OF in buying or sha
wing auy kind ofbills Of exchange, checks, drafts
bank notes, promissory notes, or other kind o
writing obligatory as entioned in the fifteenth
section OF this act, after the first day OF June
in any year. the average value Of whose per
sonai property employed in such business shal
not have been previously entered the as
sessor's list for taxation, in said county, such
person shall report TO the auditor of the coun.
ty the probable average value Of the persona
property by him intended to be employed in
such business until the first day of May there.
after. and shall pay into the treasury Of such
county a SUN which shall behr the same proper
fion to the levy Tor all purposes, the average
value so employed. as the time from the day on
which he shall commence OF engage in such
business aforesaid. to fhe first day of May next
succeeding. shall bear to one year.
Sec. IS. That if any person shall
commence or engage in the business OF
merchandising, banking, brokerage, or
stock iobbing. aforesaid as aforesaid, and
shall not, within one month thereafter.
report to the county auditor, and make
payment TO the county treasurer, as be-
fore required, he shall forfeit and pay
the sum of two per cent. on the value
of personal property by him SO en-
ployed, 10 be ascertained as near as may
be, by the testimony of witnesses. and
recovered before any justice of the
peace, or court having jurisdiction there
of, by an action Of debt in the name of
the county treasurer, for the use of the
county.
OF LISTING AND vALUING THE PROPERTY
OF BANKS AND BANKING COMPANIES,
AND OTHER CORPORATIONS.
Sec 19. 1t shall be the duty of the
president and cashier of everv bank or
banking company that shall have been
or NAV hereafter be incorporated by the
laws of this State, and having the right
to issue bills for circulation as money,
to make out and return under oath. TO
the auditor of the county in which such
bank or banking company may be situa-
ted in the month of May, annually,
written statement, containing,
1st. The average amount of notes
and bills discounted or purchased by
such bank or banking company, which
amount shall include all the loans or
discounts of such bank or banking
company. whether originally made or
renewed during the year aforesaid, or
at any time previous; whether made on
bills of exchange, notes, bonds, mort
cages, or any other evidence of indebt-
edness, at their actual value in money,
whether due previous to, during, or al
Ter the period aforesaid; and on which
such bank or banking company has at
at any time reserved or received, or is
entitled to receive, any profit, or other
consideration whatever, either in the
shape of interest, discount, exchange,
or otherwise.
ID. The average amount OF all
other moneys, effects, or dues OF
every description belonging 10 such
bank or banking company, loaned.
invested or otherwise used or en-
ployed with view to profit, or upon
which such bank or banking compa-
ny receives, or is entitled TO receive
interest. ..
Sec. 20. To ascertain the amount
OF the notes and bills discounted and
purchased, and all other moneys,
effects or dues Of every description
belonging TO such bank or banking
company, loaned, invested or other
wise used or employed, with a view
to profit, or upon which such bank
or banking company receives or is
entitled 10 receive interest, to be re-
turned as aforesaid, there shall be
taken as a criterion, the average
amount of the aforesaid items for
each month during the year next
previous 10 the time Of making such
statement, il so long such bank OF
banking company shall have been
engaged in business, and if not. ther
during such time as such bank ol
banking company shall have beer
engaged in business; and the average
shall be made by adding together
the amount so found belonging tc
such bank or banking company ir
each month so engaged in business
and dividing the same by the mum.
Der of months so added together.
Sec. 81. The president, secretary
or principal accounting officer o
every canal or slack water naviga
lion company, railroad company
turnpike or plank road company
bridge company, insurance company
telegraph company, or other joint
stock company, except banking OF
other corporations whose taxation i;
specifically provided for in this act
for whatever purpose they may have
been created, whether incorporated
} by any law of this State or not. shal
list for taxation, at its actual value
, its real and personal property, mon
eys and credits, within this Stale, ir
manner following: ,a h.rl
In all cases return shall he made
to the several auditors of the respec
tive counties where such property MAJ
, be situated, together with statement o
the amount of said property. which il
J situated in each township, town, city o
ward therein. ..
The value Of all moveable propert,