The Belmont chronicle, and farmers, mechanics and manufacturers advocate. [volume] (St. Clairsville, Ohio) 1848-1855, 1853-04-15

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tic having no other guardian, by his father, /
living, II not. by his mother, f living, and !
neither father nor mother be living, by the per
'on having such property in charge; OF every
wife by her husband, " Of sound mind, IL not, BY
| herself; OF every person for whose benefit prop
erty is held in trust, by the trustee; OF every es
tate OF u deceased person, by the executor or ad
ministrator; o! corporations whose assets are IN
the hands OF receivers. by such receivers; Of eve
| ry company, firm, body polite or corporate, By
the president or principal accounting officer
partner or agent thereof. Every person rcquir
| cd to list propcrty'on behalf Of others, by the
provisions Of this act, shall lis in the same town
ship in which he would DO required to list il, il
such property were his own; but he shall list il
separately from his own, specifying in each case
the narno of tho person, estate, company or cor.
poration, to whom il belongs; aud ali real proper.
ty and merchants and manufacturers stock,
and all the enumerated articles, and all personal
property upon farms and real property not in
towns, shall be returned for taxation, and taxed
liz the township and town in which IL 10 situated
and all other personal property except, such as
is taxable for State purposes only, shall be on.
tered for taxation in the township and town ia
which the person charged with the tax thereon
resided, at time list thereof was taken by the
assessor, If such person reside in the county
whcro such property was listed; aud il no t,then
such property shall be entered for taxation, and
taxed in tho township whore situated when list.
cd, anything in this act to the contrary notwith.
standing.
SEC. 5. Property under lease for term not
exceeding fourteen years, belonging 10 the State,
or to any religious, scientific or benevolent So
ciety, or institution, whether incorporated, or
unincorporated, and school and Ministerial lands,
shall be considered, for all purposes Of taxation,
as the property of the person so holding the
same, and shall be listed as such by such person
or his agent, as in other cases.
Sec. g. Each person required by this act to
list property, shall make out and deliver 60 the
assessor, when required, or within ten days
thereafter, u statement, verified by his oath or
affirmation, OF all the personal property, moneys,
credits, investments in bonds, stocks, JOINT stock
or otherwise in his possession, or un.
der the control of such person, at the time no.
tice was given TO him by tho assessor, to make
out such statement, and which by the provisions
OF this act he il required to list for taxation, Ell
ther as owner or holder thereof, or az guardian,
parent, husband, trustee, executor, administra-
tor, receiver accounting officer, partner, agent,
or factor.
See. 7. Such statement shall truly and dis.
tinctly set forth:
lst. The number of horses, and the value
thereof.
I'd. The number Of neat cattle, and the val.
ue thereof.
Sd. The number of mucs..and uses, and the
value thereof.
4th. The number of sheep, and the value
thereof
5th. The number of hogs and the value
thereof.
9th. Every pleasure carriage of whatsoever
kind, and the luc thereof.
7th. The toiai ralue of all other articles Of
personal property irhich such person is by tbs
1ct required tolist:
PrOuided, That ifsuch person shall exhibit 10
fbo oIL
~ dboue enumerated, The uatue Of such property
20 exhibited, may be omitted IN such statement,
md The assessor shall in such cases determine
heir raiue witiout requiring The oath Of the per-
ION making such statement, as 10 the raiue there
,f; and such person staR IN That case be reqW-
red only to make oath or affirmation TO The paia"
u the remainder Of The personal property 'oiich
ie is required 10 list.
eth. Every gold and silver watch, and the
'aluc thereof.
9th. Every piano forte, and the value thereof.
10th. The value Of goods and merchandise,
which such'pcrson is required to list u mer-
,hant.
/ lth. The value of the property which such
person is required to list as bankor, broker or
tock .jobber.
18th. The value Of the materials and manu-.
articles, which such person is required
% list as u manufacturer.
18th. The value of moneys and credits, re.
luired ro be listed, including all book accounts
llth. Tho value of moneys invested in bonds
'locks, joint stock companies, or otherwise,
which such person is by this net, required to list.
Sec. 8. Ii there be no articles Of personal
property, moneys or credits, investments in
ponds, stocks, joint stock companies, or other
wise, which such person would be, by this act,
.cqured to list, on his own account, or on uc.
count of Others he may set forth such fact to the
,yhn shall tlc m fi nr II tIi IN
ion of such person to the truth of the same.
Rules for Valuing Properly.
Sec. 0. Each separate parcel of real property,
hall be valued at its true value in money, cx-
.luding the value of the crops growing thereon,
,ut the price for which such real property
would cell at auction, or at forced sale, shall
lot be tax en- as the criterion Of such true value.
Each tract or lot Of real property belonging to
his state, or TO any county, city, or charitable in
'titution, whether Incorporated or unincorPora-
ed, and school or ministerial lands, held under
ease Tor term exceeding fourteen years, shall
De valued ut such price as the assessor believes
.ould be obtained at private sale for such lease.
lold estate Personal property, of every dcscrip-
ion, shall be valued AT THE USUAL SELL
ING PRICE Of similar property at the time OF
isting, and at the place where the same may
hen be; and il there be no usual selling price
Snown to the person whose duty it shall be to
tx value thereon, then at such price as it is be-
ievcj could DO obtained therefor, in money, at
'uch time and place. Investments in bonds,
,tocks Joint stock companies, or otherwise, shall
30 valued at the true value thereof in money
Money, whether in possession or on deposit
shall be entered in tho statement at the full
amount thereof; Provided, that deprecated bank
notes shall 10 entered at their current value -
Every credit for a sum certain, payable either in
money, property of any kind, labor or services,
.ha II be valued at the full price of the sum 80
payable; il for a specific article for specified
number or quantity of any article or articles Of
property, for a certain amount of labor, for
services Of any kind, il shall be valued at the
current price of such property, or Of such labor
or service, at the place where payable. Annui.
lies moneys, receivable at stated periods, shall
be valued at the price which the person listing
Lhe same believes them TO be worth in money.
OF Deductions made from Moneys and
Credits.
Sec. 10. In making up the amount Of moneys
md credits which any person is required to list
for himself, or any other person, company cor
poration, he shall be entitled to deduct from the
gross amount of moneys and credits, the amount
Of all bona fde debts owing by such person,
or corporation, to uny other person,
company or corporation, Tor n consideration re.