The Belmont chronicle, and farmers, mechanics and manufacturers advocate. [volume] (St. Clairsville, Ohio) 1848-1855, 1853-04-15
LAWS OF OHIO.
AN ACT
Published by Authority.

whether real or personal, in this State, all mon
sys, credits, investments in bonds, stocks, joint
stock companies, or otherwise, Of persons resi-
ding therein; the property Of corporations now
existing or hereafter created. and tho property
ofall banks, or banking companies, now existing
or hereafter created, and Of all bankers, except
such as 10 hereinafter expressly exempted, shall
be subject to taxation; and such property, mon.
eye, credits investments in bonds, stocks, joint
stock companies or otherwise, or tho value there
of, shall be entered on the list OF taxable proper
ty, for that purpose, in the manner prescribed
by this act
Definitions.
$50. 9. The terms "rcal property" and "land,"
wherever used in this act, shall 10 held to mean
and include not only the land ITSELF whether
laid out in town lots or 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 in any wise
nppcrtaining thereto. The term "invcstmcnts
in bonds" wherever used in this act, shall be
held to mean and include all moneys invested in
bonds, Of whatsoever kind, whether issued by
incorporated or unincorporatcd companies,
towns cities, townships, counties, states or 9th
or corporations or by the United States, be,d by
persons residing in this State, whether for th EN-
selves, or as guardians, trustees or agents, on
which the holder thereof is receiving, or is ont-
tied to receive interest. The term "investments
in stoCkS,' wherever uSeu IN tnlS tct, snul De
held to mean and include all moneys invested in
the public stocks this, or any other State, or of
the United States or in any association, corpora
tion, Joint stock company or otherwise, the
stock or capital of which is, or may be divided
into shares which are transferable by each own
or, without the consent of the other partners or
stockholders, for the taxation OF which no spe.
cial provision is made by this act, held by per.
sons residing in this State either for themselves,
or as guardians, trustees or agents. The term
"oath" wherever used in this act, shall be held
to mean "outh" or affirmation" Every word
in this act importing the masculine gender, may
extend and be applied to females as well as
males. The term "pcrsonal property" whercv.
er used in this act, shall be held to mean and
include:
Ist. Every tangible thing being the subject of
ownership whether animate or nanmatc, 9th.
er than money, and not forming part OF any par
eel Of real property, as herelnbeiore dehned'
I'd. The capital stock, undivided profits, and
all other means, not forming part of the capital
stock of every company, whether incorporated
or unincorporated, and every share, portion or
interest in such stock profits or means, by what.
name the same may be designated inclu-
sivc of every share or portion, i-ht or interest,
either legal or equitable in and to every ship,
vessel or boat, of whatsoever name or descrip- |
tion, used or designed to be used either exclu-
sively or partially, in navigating any OF the wa
ters within or bordering on this Statei whether
such ship, vessel or boat, shall be within the Ju.
risdiction of this State elsewhere, and wheth-
er the same shall ha We been enrolled, registered,
or licensed at any collector 8 office, or within any
collection district in this State or not. The
term "money" or moneys" wherever used in !
this act, shall be held to mean and include gold
and silver coin, and bank notes in actual pos
session, and every deposit which the person own. |
ing, holding in trust or having the beneficial in
terest therein, is entitled to withdraw in money, !
on domand. The term "ctcdits," wherever |
used in this act, shall be held to mean and in
clude every claim demand for money, labor or |
other valuable thing due or to become due, in.
cluding 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 holGing such deed or mortgage
or evidence of claim, is bound by any lease, con.
tract or agreement to rcconvey, release or as
sign, upon the payment of any specified sum or
sums; Provided, that pensions receivable from
the United States, or from any Of them, salaries
or payments expected to be received for labor or
services to be performed or rendered, shall not
be held to bo unruitcs within the meaning Of
this act
Property Exempt from Taxation.
sko. 3. All property described IN this section,
TO the extent herein limited, shall be exempt
from taxation, that is TO say:
LIST. All public school houses and houses used !
exclusively for public worship, the bonks and
furniture therein, and the grounds attached to
such building necessary for the proper occupan.
cy, use and enjoyment OF the same, and not leas.
3D. or otherwise used with a view to prefit. All |
colleges and academies; all endowments made
for their support; all buildings connected with
the same, and all lands connected with institu-
tions Of learning, not used with u view TO profit
This provision shall not extend to lensehold es-
tates, of real property held under the authority
III ,,t,nr it, Lon Hn,n nF a
State.
Cd. All lands used exclusively as graveyards,
or grounds for burying the dead, except such as
are held by any person or persons, company or
corporation, with view to Proht' or io' the pur'
pose Of speculation in the sale thereof.
3D. All property, whether real or personal, be-
longing exclusively to this State, or the United
6tatcs.
4th. All buildings belonging to counties. used
for holding courts, for als, or for county Offices
with the ground, not exceeding in any county,
ten acres, on which such buildings arc erected.
5.h. All lands, houses, and other buildings
belonging to any county, township or town,
used exclusively for the accommodation or sup
port Of the poor.
9Th. All buildings belonging to institutions
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 |
to sustaining, and belonging exclusively to such
institutions.
7th. All fire engines and other implements
used for the extingushment 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 org ganzed therein.
9th. All market houses, public squares, or 9th |
or public grounds, town, or township houses
or halls, used exclusively for public purposes,
and all works, machinery and fixtures belong
ing to any town, and used exclusively for .con-
veying water to such town.
9th Each individual in this State may hold,
exempt from taxation personal property Of any
description, of loheh such indu dual is the ritual
O,Oner, not exceeding FIFTY dollars in value.
No person shall be required to list greater por
tion Of any credits than he believes will be re-
eeyed, or can be collected; nor any greater por.
tion Of any obligation given to secure tho pay.
ment of rent, than the amount Of rent that shall
have accrued on the lease, and shall remain un.
paid at the time OF such listing. No person shall
be required to include in his statement as part
sfthe personal property, moneys, credits, invest
ments in bonds, stocks, Joint stock companies, or
otherwise, which he 10 required to list any share