Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1856-04-17
Ha(ps Of @bia.
PUBLISHED BY AUTHORITY.
AN ACT,

person, wherever used in this act shall also
be held to apply to and mean PERSONS
and also company and companies, whe
thsi incorporated or not the word he, shall
be held TO mean as well she or them, and
the word his'to mean also hers or theirs,
as the sense may indicate, except in cases
where one Of said words is used in contra
Ji,tinction from another.
SEC. 2. Every corporation, company,
individual, person or association Of persons,
whether authorized by law to issue notes
for circulation or not, that shall keep an
Office, counting house,or other place for the
transaction of busine.s in this State, and
shall discount, buy, sell exchange, or
otherwise deal in or receive in deposit
money bills of exchange, notes, bonds, stocks.
certificate, Of public debt, or other evidence
OF debts, claims or demands, with Jew of
profit, shall be deemed bank within the
meaning Of this act. AMI for the purpose Of
carrying out it. provisions.
SEC. 8. The word money and the word
moneys, whenever used in :his act, or in
the act, to which this is amendatory, shall,
for all purposes Of assessment aud taxation,
be held to have the same meaning and shall
he understood to mean and include.
Frst-Gold and silver coin;
Second-Gold and silver in bars or other
uncoined masses, whether the value be
stamped thereon or not.
Th,rd-Bank notes designed or calou.
lated to circulate as money, in all cases
where such golJ, silver, or bank notes shall
be in actual possession or subject to be
brought Immediately into possession.
Fosrm-Deposits in banks or with per-
SONS within this State. subject TO be with
drawn by check. draft or otherwise, in
monAv on deman
Fyh-Deposits subject to be withdrawn
in money at any time within sixty days,in
banks within thi. State. not subject to Taxa
ton under the provisions Of this act. or
With banks, bankers, or other persons not
within this State.
SEC. 4. Money shall, for every purpose
Of assessment and taxation hereafter, be
held to be personal property-and the term
personal property wherever used in this
net, or in the acts to whicE this is amend
story, shal! be held 10 extend to and in
cluds money.
SEC. S. The term 'crsdiis, wherever used
in this act, OF in the acts to which this is
amen'lstory. shall be held to mean the ex-
ees, Of the sum of all legal claims and de-
msu'ls, whether for money or other valus
Bile Thing, or for labor or service iue or to
become due to the person liable to pay
taxes thereon. including deposits in banks or
with persons in or out of this State, other
than such as are held - be money as do
fined by the fifth division of the third Sec
ton, when a'l'!ed together, estimating every
such claim or deman. at its true value in
mon.y.) over anil above the sum o: the
legal, bona f'!e debts owing hy such per.on.
But in making up the sum of 'uch debts
owing. there shall 10 taken into account no
obligation to any mutual insurance cem-
pany, no. any unpaid subscription to the
capital stock Of AIRY joint stock company,
nor any subscription for any religious,
scientific, literary, Or charitable purpose
nor any acknowledgment of indebtedness
unless founded on some consideration ac-
tually received and believed at the time of
making such acknowledgment to be full
consideration therefor NOR any acknowledg
ment Of deb, made for the purpose Of
diminishing the amount Of credits to be
listed for taxation; nor any greater amount
or poltiyn Of any liability as sur..y,t than the
person required to make statement of
such crsdIts believes such surety il IN
equity bound, and will be compelled 20
pay, or to contribute, in case there be CO.
sscuriieA
/ Sec. 8. No person shall lie required tn
list for taxation any certificate of the capital
stock Of shy company the capital stock and
property Of which is taasd III the name Of
saiJ company. Personal property Of every
description and credits, shall he assessed in
the name Of the person who was the owner
thereof on the iav next prscs'ling the sec
ond Munday of April in the Year in which
such assessmsnt shall he made. If any per-
son shall, for the purpose Of avoiding the
lisiing or the payment Of taxes on any prop
e'ty subject to taxation, sell, give AWAY, or
otherwise dispose of any such property
under or sub j-et 10 any agreement expires
ssd or implied, or any understanding with
the purchaser, donee or recipient thereof,
that the same is to be reconveyed, restored
or redelivered to the person so ,Ii.posing OF
; ,nch property, he shall forfeit anG pay for
tbs use Of the county double the amount Of
tax, ,chargeabls On such property for the
current yeaf.
SEC. Z. Every bank shall. annually, be-
tween the first and the second Monday of
May, make out, and, oil the demand of the
assessor, deliver TO him correct statement.
at tested by the oaths Of the president and
cashier of such bank, or if there be no
president or cashier, then by the caths Of
the principal manager and :he principal
accountant of such bank. setting forth and
specifying the mean amount of the notes
and bills discounted or purchased noner5
loaned, and all other property. effects or
dues Of every description Of and belonging
to such bank during the year en- ling the
first Monday of May in the then current
year; which statement the assessor shall
deliver to the county auditor with his state
rnunt. and Hsss of psaonal property and
credits.
SEC. 8. Such mean amount shall be as-
certained by adding together the sum of
the several items specified III the preceed-
ing section, the property ofsuch bank and
employed in, or pertaining to it, banking
business, IS they existed Oh the first Mon
day of each Month, after the close Of busi.
ness on those days, during the year ending
on the first Monday Of Mayor during such
part Of the year As such bank shall have
been doing banking business, if less than
tia whole year, and dividing the gross
amount Of such monthly sums Sy the mum.
Der Of months SO added together.
Sac. o Every bank shall n. the time Of
making out and delivering to the assessor
| the statement required BIZ the xeyentb sec